Global inflation has become a hot topic among economists and policymakers, with impacts being felt around the world. This phenomenon not only affects the prices of goods and services, but also the economic stability of countries. In recent years, global inflation has shown a significant upward trend, driven by various factors including monetary policy, rising energy prices and supply disruptions. One of the most direct impacts of global inflation is the increase in the cost of living. This occurs when prices of basic goods such as food, fuel and rent experience spikes. In this context, low-income people are the most depressed group. They lack the financial flexibility to adapt to price changes, leading to a decrease in purchasing power. Apart from that, global inflation also influences the monetary policy of each country. Central banks in various countries, such as the Federal Reserve in the United States and the European Central Bank, often respond by raising interest rates to control inflation. This increase in interest rates has a domino effect, where borrowing costs for individuals and companies will increase, thereby slowing economic growth. Global inflation can also drive uncertainty in international markets. Investors tend to be risk averse in times of uncertainty, which can cause volatility in financial markets. Fluctuations in currency exchange rates also occur, which impacts international trade. Countries with high inflation tend to see the value of their currencies depressed, making imported goods more expensive and affecting the trade balance. On the other hand, inflation can also provide benefits to certain segments of the economy. For example, companies that are able to increase the prices of their products can increase profit margins. Apart from that, inflation can also reduce the debt burden, considering that existing debt is denominated in fixed amounts, while income grows with inflation. The impact of global inflation on developing countries is very significant. Many of these countries depend on imports of basic necessities. As global prices rise, they must face the challenge of securing supplies without having a lasting impact on the domestic economy. This could potentially lead to social tensions, where protests against the government could occur in response to soaring prices. It is also important to note how inflation affects government fiscal policy. In a situation of high inflation, the government may be forced to raise taxes to increase revenues, while at the same time facing an increased need for social assistance for affected citizens. Overall, global inflation has a broad and complex impact on the world economy. Various interrelated factors influence how inflation occurs and how the government and society respond. This is a challenge that requires international collaboration and a thoughtful approach from economic leaders around the world.