Inflation, with all its negativity, is the best indicator of economic problems. This painful process for any country is characterized by a drop in the purchasing power of money amid a general increase in prices. Simply put, inflation sometimes very rapidly devalues banknotes, turning them almost into simple "candy wrappers". This process is far from spontaneous in nature, it begins as a result of the prevalence of the release of the national currency over the general production of goods, which in itself already indicates a serious failure in the economic mechanism.
The main form of struggle against inflationary processes, in addition to the traditional monetary reform, is anti-inflationary policy. It is considered, due to the complexity and multi-stage of its mechanism, a more effective way to revitalize or reconstruct the entire economic system of the state. Anti-inflationary policy is a complex set of measures and mechanisms of state regulation, which is aimed at suppressing inflationary processes and often at restructuring the general system of the country's economy.
The most effective areas of this way of economic regulation by the state are considered deflationary measures and the application of income policies. In fact, inflation and anti-inflationary policies are two sides of the same coin. Therefore, they should be considered in conjunction. Indeed, anti-inflationary policies are most directly dependent on the type of inflation.
It is quite obvious that the effective minimization of the inflation rate with its subsequent complete suppression depends not only on the correct choice of regulation methodology, but also on its consistent and purposeful implementation, taking into account many side economic factors. This sometimes may require the use of not only proven methods, but also some non-standard measures dictated by the situation, as well as the nature and nature of the formation of a particular inflationary process.
For example, those measures that can give good results in a balanced established market are likely to be useless, if not harmful, in a market that does not have the proper infrastructure. Therefore, the government is required to develop a clear anti-inflation program, which will take into account the smallest nuances of the state of the country's economy, determine goals and objectives, and strictly indicate the methods for achieving and solving them. Only in this case anti-inflationary policy will bring the desired results.
In principle, overcoming inflation requires the development of a tough anti-crisis strategy, a kind of shock therapy, which will inevitably cause a storm of discontent in all sectors of society. Since anti-inflationary policies cannot be reduced to only indirect and liberal economic levers, the government’s most important strategic task should be transparency of the reforms and a comprehensive information campaign to clarify the need for tough measures.
