There is no single "solution"
Posted on: September 23, 2022 at 10:37:43 CT
ScottsdaleTiger MU
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Inflation is too much money chasing too few goods. Dealing with it requires taking action to slow the growth of the money supply and taking other actions to increase the growth of the production of goods.
The former is largely the Federal Reserve's game, but Congress can contribute by controlling spending, the growth of spending. Congress can also adopt policies and programs that fuel the production of more goods and services.
Inflation is not a problem that can be addressed with a single program or policy. It requires effort on multiple fronts.