The government has made it quite clear that its target is to keep consumer (CPI) inflation capped at 3% this year.

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My sensible plan does not model for a 40-percent drop in the market followed by a decade-long depression and capped off by hyper-inflation, the collapse of Social Security, and civil insurrection just in time for me to retire to a diet of dog food.

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In addition, rail fares will be "capped" at 1% above inflation next year.

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