Silver Cougars of America

Silver Cougars of America sent us a letter concerning about the increase in inflation rate.

There are two ways to control the inflation. The first way is to increase the interest rate. People will save their money and they will not spend. This will shift the demand curve to some degree. The second way to control the inflation is by cutting down the money supply. This will lower the inflation rate and it will boost up the currency.

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2 Comments »

  1. Peter Anthony said

    More details needed.

  2. […] Dilemma: 1, 2 and […]

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