• The Key to Inflation Reduction Is in the Hands of the Government

     

    Essays1 Economics

Author:
Evaluation:
Published: 27.11.2007.
Language: English
Level: Secondary school
Literature: n/a
References: Used
  • Essays 'The Key to Inflation Reduction Is in the Hands of the Government', 1.
Extract

We all know that inflation in Latvia now is remarkably high and we can’t see any good sign that inflation rate in the near future goes down. But who can stop prices rising? I think that inflation growth can stop only government.
First of all, government should freeze wages. Government can’t raise minimum wages from 120 to 160 lats when inflation is dangerous high.…

Atlants