Higher inflation in the US is not a problem because its citizen consume and invest more when they expect higher inflation.
Inflation was a big problem for Americans during the Revolution
During the Ford administration, inflation was seen as a looming financial problem to the US economy. A program was started to Whip Inflation Now- had popular buttons, but not much else.
Inflation is worse than recession. Recessions end. Inflation is the most powerful force in the world and it keeps on keeping on. Inflation in the U.S., for example, has decreased the value of the dollar 84% since the beginning of 1969. The average rate of inflation in the U.S. is 4.1% on average for the past 30 years; at this rate the dollar loses half its purchasing power every 17 years. For detailed inflation data, see www.bls.gov. The data there includes an inflation chart sine 1913. Since the mid 1970s, the slope of the chart is up on an angle of approximately 45 degrees.
The cosmic inflation did resolve the flatness problem by the theory which states that the universe appears to have a flat geometry.
The problem wasn't fully solved until 1948 when the US introduced the deutschemark which was far more stable as it was tied to the US dollar.
The problem wasn't fully solved until 1948 when the US introduced the deutschemark which was far more stable as it was tied to the US dollar.
Solutions for inflation are, A. Technological advancement as it will decrease the per unit cost in the country and will support the industries to meet the excess demand pull and cost push problems. That will reduce the inflation in Pakistan. B. If it is demand pull inflation so Government should charge higher amount of taxes and facilitate more with the help of subsidies to firms by which they could meet up the problems of excessive demand and cost problem. That will also surely help us to solve the Inflation problem in Pakistan. By: Ghamz-e-Ali falconsial@yahoo.com
Inflation
Inflation.
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Inflation