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well played... (http://www.bankofcanada.ca/en/fixed-dates/2007/rate_290507.html)

Interest rates are the wrong thing to use as the principle mechanism for controlling inflation. They hit the powerless and marginalized people far too hard to be considered ethically sound.

Corporations that raise prices should face higher rates of income tax.

The upper levels of personal income tax should also increase in times of higher inflation (this is less critical).

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