How can we avoid inflation?

Question

Is there any easy way, or the closest method we can use to stop inflation? Of how to revive a stronger dollar? Thanks.

Answer 1

Yes. Stop printing/creating new money.

By Definition, Inflation is too many dollars chasing too few goods.

Inflation is an effect of monetary policy, nothing else. Everybody focuses on the store or factory raising prices and claims that is inflation. But inflation begins at the Central Bank (ie: Federal Reserve). If the excess money doesn't exist in the economy, nobody can raise prices. They might want to raise prices, but nobody has any money to pay those prices. Thus the business fails or they revert their price increase.

In any case, inflation is a direct result of monetary policy at the Federal Reserve. If you want inflation halted, you gotta stop adding money to the money supply.