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The only really sure way to beat inflation is to cut off inflation at the root. . . Milton Friedman presents his strategy against inflation in his penetrating . . . book . . . This is controversial stuff, and Professor Friedman . . . doesn't blanch at what he feels is his call of duty. And many a banker will just see red . . . This book can be recommended for a good look at the real roots of inflation-the look that thus far has not been widespread enough, among enough people.-The Wall Street Journal
Gurley et al. (Tue,) studied this question.