how does a country control/fix inflation?
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Inflation is not any rise in prices. Inflation is inflation of a country’s money supply. A country makes more money. This causes prices to rise across the entire economy, because there is more money and each unit of money is worth less. To not have inflation, don’t increase the money supply. Or, if you want make your money supply inflation proof, go to something like the gold standard. If your money is tied to gold, the country can’t make money out of nowhere.
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