In principle a modest dose of controlled inflation might work wonders.

ECONOMIST: Economics focus

The weaker the reputation of the central bank, the stronger the case for pegging the exchange rate to build confidence that inflation will be controlled.

ECONOMIST: Getting out of a fix

Why has inflation not been controlled?

CNN: Letters

Inflation has to be controlled, and oil and transportation costs affect many areas, including food costs.

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Brazil is now seeing a growing inflation problem that can only be controlled by higher interest rates, proving, once and for all, that the level of the benchmark Selic rate has not been politicized to the point of immobility, says Tony Volpon, head of emerging markets Americas at Nomura Securities in New York.

FORBES: A Brazil Rate Hike, Sooner Rather Than Later

Indeed, Michael Woodford, an economist at Columbia University, argues that inflation can to all intents and purposes be modelled and controlled without paying any attention at all to money.

ECONOMIST: Economics focus

However you controlled the money supply, he said, you could not end cycles of inflation.

ECONOMIST: William Martin

And there's no evidence that a league-controlled operation, through which most merchandise is already sold, results in price inflation.

FORBES: Magazine Article