How can governments protect vulnerable populations from the effects of inflation?

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How can governments protect vulnerable populations from the effects of inflation?

Post  EarthsAngel on Mon Jan 24, 2011 10:28 am

Because they spend a greater proportion of their income on food and fuel, inflation hits the poor harder. Some researchers suggest that government spending is the best way to mitigate the harmful effects of inflation, while others call for freer markets.

What do you think? How can governments fight inflation, while still protecting vulnerable populations?


"Because they spend a greater proportion of their income on food and fuel, inflation hits the poor harder."

It's Ironic in your question that you touch on two areas where inflation hurts the poor the most, yet in America our central bank doesn't even measure those areas for price inflation.
In the U.S. the standard the federal reserve uses to measure inflation is really discriminatory against the working poor. The Fed measures only Core inflation, which excludes food and energy. So that shit bag Ben Bernake can sit with a smile and say "what inflation?" As milk rises to six dollars a gallon.

The sad thing about inflation is the poor DO suffer the most, and those at the top of pyramid suffer the least. (Whoever gets the newly printed money first, has money of first instance, and does not feel the effects of inflation) The effects of inflating the monetary supply are haphazard and uneven. Price inflation by industry and region is uneven. But Wages can lag years beyond price inflation.

Good question sgwhites. To answer it

The best way to prevent inflation, is to link the amount of money that can be printed to something external to human beings. Obviously humans can't handle the power and can't resist the temptation to print out billions when lobbyists spend a few million hanging out with members of our treasury in order to convince them to give a bank or two a billion dollar bailout.

We need to link our money to some commodity to prevent it from by being debased by the political whims of a pompous chairman of an organization that operates outside of the constitution.

Perhaps silver, but it could be another commodity.



Makes you wonder what freakin planet Politicians live on!!!

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Re: How can governments protect vulnerable populations from the effects of inflation?

Post  DarkLord on Mon Mar 14, 2011 5:43 am

As the saying goes, the rich get richer & the poor get sweet F.A. It's been that way since the beginning of forever. The only way to stop it is to eliminate poverty.... But the only way to eliminate the poor is to eliminate the rich.....

It's nothing but a vicious roundabout which never stops turning..... Cool
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