Theological Dimension of Price and Inflation

Abstract

The theological dimension of price and inflation refers to a religious or theological investigation of the concept of price inflation. While economics is primarily concerned with the study of inflation as a persistent increase in an economy’s general price level of goods and services over time, certain religious scholars and thinkers have investigated its potential ramifications and linkages to theological conceptions. Some religious traditions place a premium on resource management and ethical behavior in economic affairs. Inflation can be viewed as a challenge to this ideal since it can cause the value of money to erode and cause economic hardship for disadvantaged populations. Therefore, the aim of the article is to present systematized and structured knowledge on the perception of prices and inflation in theological sciences, with particular emphasis on Christianity as the dominant religion in the world.