Saturday, April 2, 2011

Countries around the world

Countries around the world - from Vietnam to Kazakhstan - have adopted these measures to reduce their burgeoning inflation and trade deficit:.Hedging MBT Tunisha (fixing the future prices of foodstuffs, oil, and commodities by purchasing forward contracts in the global markets).Removal of import duties, excise taxes, VAT, and other taxes and fees on all energy products and foodstuffs.Subsidizing the consumption of the poorest 10% of the population.Introducing price controls and freezing the prices of essential products.Banning the export of foodstuffs (or introducing customs duties and quotas on such exports).

Raising interest rates and reserve requirements in the banking system to prevent new credit formation.Forcing banks to purchase government bonds to reduce liquidity in the MBT Sini Shoes, market.Administratively capping credit growth and tightening lending to consumers and for real-estate transactions.Freezing, reducing or waiving public sector fees and charges.Releasing commodities, oil, and minerals from strategic reserves.Capping interest rates on deposits (to prevent credit formation using money from new deposits).

Reclaiming agricultural lands and modernizing farms and agriculture (long-term measures).Declaring a World Trade Organization (WTO) emergency and introducing import quotas and duties on non-essentials and luxury goods.Introducing an inflation target燗llowing for a gradual devaluation of the currency, within a band or range or as a crawling peg. A strong currency has MBT Imara, anti-inflationary effects, so any devaluation must be minimal, slow, and subject to market forces. 

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