How will the Goverment control inflation?
The government really only has one option,and that is to put up interest rates,this encourages those with money to save and to hit those who have little,,this in turn is supposed to stop spending and this lowers our imports and slows down demand on wages ,,however this also has a detrimental effect on any one who owes money,which is just about all of us,Trying to get a cap on wage rises is also another tool they have but it`s not enforceable,in other words inflation is virtually a o go area for total control as it has too many outside factors effecting it,