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"It's the compounding of interest, the problem of inflation.
By 1976, it was common to hear world leaders denigrate Keynesian economics as primarily responsible for the problem of inflation.
And that in turn increases the chances that the national government will need to print money, exacerbating rather than solving the problem of inflation.
The problem of inflation has led to experimentation with variable annuities in order to protect annuitants against decreases in purchasing power.
Their problems of daily sustenance and routine security have not yet been addressed, and the problem of inflation has just been added to them.
Since 2007, in order to deal with the serious problem of inflation, Chinese government has raised the interest rate 6 times and the required reserve ratio 10 times (in that year CPI reached 4.8% and hit 6.9% in November).
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He faced problems of inflation, a series of volcanic eruptions, and division and consequent weakening of his main political support, the right-wing National Liberation Movement.
Congress was preoccupied with problems of inflation and of converting the country to a peacetime economy, however, and paid little heed to the proposals.
All this has added to economic problems of inflation, but increases in productivity have made possible a high rate of growth in real income.
He also ended conscription, attempted to put limits on wage and price increases, and took a surprisingly progressive approach to the chronic problems of inflation and unemployment.
"Of course, economic issues are important and, separately, we have to find solutions to the problems of inflation and unemployment among our youth," said Jamileh Kadivar, a reformer elected from Tehran.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com