Chat Gpt: artificial intelligence answers how to lower inflation

gpt chat, The artificial intelligence platform that has recently become famous for having answers to almost all the questions that are asked of it was consulted by NOTICIAS about what measures it would be appropriate to take to contain the rise in prices. And after taking a minute to give the answer, artificial intelligence chose orthodoxy, perhaps the only possible way to contain inflation.

In this regard, the platform divided the actions to be taken into account into four points: monetary policy, fiscal policy, supply policy, and price control policy. The response to lower inflation, according to Artificial Intelligence, can be carried out by applying the following economic policies:

Monetary politics: the central bank can reduce the money supply in the economy, raising interest rates and reducing the amount of money in circulation. This can slow spending and lower inflation.

Fiscal policy: the government can reduce public spending and raise taxes to reduce demand and lower inflation.

Bid Policy: Steps can be taken to increase productivity and efficiency in the economy, increasing the supply of goods and services and reducing costs, which can reduce inflation.

Price control policy: The government can set ceilings for the prices of goods and services, but this measure often leads to a shortage of the products subject to regulation.

Finally, the IA platform clarified: “In general, the combination of several policies may be necessary to reduce inflation to a sustainable and stable level over time.”

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