Analyzing inflation as changes in currency value, not prices, reveals three main sources of inflation. A Money Value Formula accurately predicts long-term inflation rates using monetary data. Inflation is less responsive to monetary stimulus over time, making it hard for central banks to control. Short-term inflation variability is mostly influenced by foreign exchange fluctuations. Since 1995, monetary stimulus has not increased inflation in advanced economies. Non-monetary factors like population growth now drive long-term inflation trends. With decreasing population growth in advanced economies, inflation is expected to continue declining.