THE IMPACT OF INFLATION ON RUSSIA'S ECONOMIC SECURITY

Abstract

The article considers the main processes characteristic of inflation as a risk to the economic security of the state, analyzes the essence of the inflation process, types, ways of influencing inflation retention, and causes of inflation. A set of factors has been studied that leads to a situation in which inflation increases, purchasing power decreases, which becomes the basis for the beginning of the formation of a situation in which the population cannot purchase necessary goods and services with the money they have at their disposal. The processes accompanying inflation are considered: the growth of monetary units in circulation, exceeding the number of goods and services produced, a decrease in the purchasing power of money and a rapid increase in prices, the depreciation of money. The features of the application of the key rate as an element of inflation regulation within the framework of the country's monetary policy are considered, the size of the key rate, forecasts of the key rate and inflation are analyzed. The essence of the targeted inflation policy is revealed in order to keep inflation in a range that supports economic security.