INFLASI DITINJAU DARI EKONOMI KONVENSIONAL DAN EKONOMI ISLAM: TANTANGAN STABILITAS MATA UANG RUPIAH

Abstract

Inflation is a state of rising prices of goods and services that apply periodically for a certain period of time. The increase in goods and services affects the value of money which also affects the monetary system of a country. Inflation is closely related to the theory of supply and demand, as well as the amount of money in circulation. Inflation is an indicator of the rate of economic growth so that it is always tried to be low and stable so as not to cause macroeconomic diseases that will later have an impact on economic instability. This study discusses the definition, types, causes of inflation and inflation from the perspective of Islamic economics. Inflation is an important economic indicator, the growth rate is always low and stable so as not to cause macroeconomic diseases that will later have an impact on instability in the economy. The government can reduce the rate of inflation in several ways, namely monetary policy, fiscal policy, and non-monetary policy and non-fiscal policy. In Islamic economics, inflation is basically unknown, because the currencies used are dinars and dirhams which use gold and silver standards so that they have a stable value. In the time of the Prophet PBUH, price increases occurred due to drought and war. This means that the price increase that occurs is not due to the power or control of human actions