Cells face major changes in demand for and supply of inorganic phosphate (P
i
). P
i
is often a limiting nutrient in the environment, particularly for plants and microorganisms. At the same time, the need for phosphate varies, establishing conflicts of goals. Cells experience strong peaks of P
i
demand, e.g., during the S-phase, when DNA, a highly abundant and phosphate-rich compound, is duplicated. While cells must satisfy these P
i
demands, they must safeguard themselves against an excess of P
i
in the cytosol. This is necessary because P
i
is a product of all nucleotide-hydrolyzing reactions. An accumulation of P
i
shifts the equilibria of these reactions and reduces the free energy that they can provide to drive endergonic metabolic reactions. Thus, while P
i
starvation may simply retard growth and division, an elevated cytosolic P
i
concentration is potentially dangerous for cells because it might stall metabolism. Accordingly, the consequences of perturbed cellular P
i
homeostasis are severe. In eukaryotes, they range from lethality in microorganisms such as yeast (
Sethuraman et al., 2001
;
Hürlimann, 2009
), severe growth retardation and dwarfism in plants (
Puga et al., 2014
;
Liu et al., 2015
;
Wild et al., 2016
) to neurodegeneration or renal Fanconi syndrome in humans (
Legati et al., 2015
;
Ansermet et al., 2017
). Intracellular P
i
homeostasis is thus not only a fundamental topic of cell biology but also of growing interest for medicine and agriculture.