Inflation? Naa.... that'a simplistic expanation. Whether it's the "Monetorist" theory or the "Keynesian" theory, the result is just the same. The is abundance or QR in the market and as a result, people are trying to make a quick buck out of the situation. Call it opulence, opportunity or pure greed,it results in higher cost of goods and services. The banks, sadly, are unable to regulate or control inflation even as they keep their interest rates low. There's just too much liquidity in the market, so who cares about the banks anyway? There is no price or rent control here. Even if there's a decree on rent control, nobody pays too much attention to it. The reason? It's pure greed.