Want to know why commodity prices are rising? Let's study a little ....

Want to know why commodity prices are rising? Let's study a little ....
I did some reading about inflation a few years ago. That is out of curiosity. At present I am strongly aware that defaulted debt is inextricably linked with inflation.

First of all, what is the inflation thing? Trying to explain very simply.
Inflation: The value of a country's total assets is equal to the current total currency (money) of that country. Suppose, Bangladesh has a total of 15 rupees and the total wealth of this country is 5 oranges. Nothing more. Since the value of the total wealth of the country is equal to the total currency, the value of these 5 oranges is 15 rupees. That is, the price of each orange is 3 rupees. Now if 5 more rupees is printed, then the total currency will be 15 + 5 = 20 rupees. Orange but did not grow. So now [after printing 5 rupees again] the total price of 5 oranges became 20 rupees. In other words, the current price of each orange is 4 rupees.
The fact that the price of oranges went up from Rs 3 to Rs 4 as a result of printing extra money without increasing the wealth, is simply "inflation". Buying the same product at a higher price than before means inflation.
In other words, we can say that "inflation will happen if money is printed without increasing the amount of wealth of any country."
This time let's talk about defaulted loans. In simple words, if you do not repay the loan from the bank, the loan can be called a defaulted loan. Let's come back to those 15 rupees and 5 oranges again.
Suppose a person borrows 5 rupees from this 15 rupees. As long as 5 taka of debt remains in the country, the total currency of the country remains at 15 taka. This means that the price of each orange is 3 rupees. In other words, inflation has not happened yet.
Suppose this person converts the loan into টাকা 5 dollars and spends it abroad and he is unable to repay the loan. Converting to dollars means that 5 rupees is no more money. Suppose 1 dollar is gone [Suppose, 1 dollar = 5 rupees]. Now that 1 dollar but it is not possible to use in Bangladesh. The currency of that country can only be used in that country. I mean that 5 rupees is no more in Bangladesh !! But the value of the total money of Bangladesh as a book pen is still 15th !!! But actually there is 10 rupees. In order to compensate the defaulter for the loss of 5 rupees, another 5 rupees was printed. In other words, the total amount of money in the book becomes 20. But actually 15 rupees.
Here are two terrible things that happened:

1. Since money is printed anew, there will be inflation. In other words, the price of the same orange was 3 rupees before. It will be 4 o'clock now.
2. The above problem would not have had much effect if there was really 20 rupees in the country. Then with the increase in the price of the product, the purchasing power of the people would also increase. But that is not happening. Because there is no 20 rupees in the country. There is 15 rupees. At 5 o'clock the wind has disappeared. That means we have 15 rupees. But we have to buy the product at the price of 20 rupees.
   After September 2021, the total amount of defaulted loans stood at 1 lakh 16 crore. This means that this huge amount of money is not in our country. But at the time of purchasing our products, we have to pay the price as if that 1 lakh 16 crore rupees is attached to our currency. What a horror !!! As such, a gas cylinder today costs Rs 1,400, while the purchasing power of a human being is Rs 800.
   Terrible thing. You are being told that you have given money without money, you have it in your pocket, buy rice, pulses, oil at a higher price. Otherwise I will die without eating.

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