How can inflation be reduced 2024?
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Works at the International Committee of the Red Cross, Lives in Geneva, Switzerland.
The goal of a contractionary policy is to reduce the money supply within an economy by decreasing bond prices and increasing interest rates. ... Reducing spending is important during inflation, because it helps halt economic growth and, in turn, the rate of inflation.
2023-05-16 11:14:54
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Noah Campbell
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The goal of a contractionary policy is to reduce the money supply within an economy by decreasing bond prices and increasing interest rates. ... Reducing spending is important during inflation, because it helps halt economic growth and, in turn, the rate of inflation.