What are the solutions for the problem of economic inflation?

Answer 1

Inflation in India can be control by by rising the prices of products which auto maticly decreases the consumption of consumers or the other way is extensive advertisement for minimum utilisation resources.make people aware of what are the effects of inflation and how scarcity of resources affects there future and there children(most of the people work for whole life to make there future childrens secure) so if we emphsize on how inflation affects there future somehow we may control on inflation such as crude oil

Answer 2

Governments in the world measure inflation by comparing in time prices of so-called basket of goods specifically designed to represent the cost of living of population in a given country. Controlled low inflation may be desirable, but too high inflation may lead even to an economic recession. Governments control inflation by means of so-called monetary policy, which mostly involves setting the target rates at which banks lend money to each other, setting rates at which national central banks lend money to commercial banks, as well as setting rules on who may borrow from national banks and rules demanding certain level of funds that need to be kept on demand at any time by commercial banks.

Answer 3

Get rid of private banks and get rid of interest. Charging interest demands that money must be created out of nothing, causing the value of our currency to decrease. Inflation is not a natural event, as most people believe. Inflation is what has created this inevitable economic black hole we have.

A main cause of the current inflation is greedy financial experts and power brokers of financial institutions that manipulate a system without regard for the individual or the long term outcome. The power over our financial well being is concentrated among too few who wield to much power. This condition has repeated itself over the centuries, find out what worked in the past to decide how to "fix" the situation.

Answer 4

monetary policies,fixed exchange rates and wage and price controls.

Answer 5

The solutions include:

- price controls

- increased supply

- providing alternatives to scarce goods

Answer 6

Ask Obama.