Question:

What is needed to control inflation?

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What is needed to control inflation?

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5 ANSWERS


  1. Hygiene  


  2. money

  3. New products. New uses or designs for old ones.

  4. A pump

  5. Higher interest rates, less reckless lending/borrowing, and no silly wage demands. Worldwide causes, such as high oil prices, cereals etc, can only be controlled by increasing supply or finding alternatives.

    Perversely, a recession or a slump, which would cause deflation, would probably be the most effective way.

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