Inflation is the increase in the prices of goods and services across an economy. When prices inflate, you need more money to buy the same things. The opposite of inflation is deflation, when prices are lower across a range of goods and services.
James Howell, a 17th century historian cum writer was the first writer to earn his living from writing alone in the English language; other writers of those times pursued writing as a hobby, not a profession as writing alone never paid enough.
Writing seems to have originated independently in China from divination practices and also independently in Mesoamerica and elsewhere. The first author of literature in the world, known by name, was the high-priestess of Ur, Enheduanna (2285-2250 BCE) who wrote hymns in praise of the Sumerian goddess Inanna.