A Zero Inflation policy.

Inflation is an insidious tax on the average person. It evaporates your savings and steals half the interest you make on savings and low-risk investments.

Inflation transforms most safe investments into unprofitable ones.
Tax and Fees normally take away 2% of investment returns. An inflation of 4% sees that 2% lost become 6% lost. Most low risk investments only return 8% and are therefore almost pointless. Inflation obviously pushes many investors into the high-risk, speculation end of the investment market.
With a zero inflation policy, most low risk investments become very profitable.

The mortgage industry is only profitable while mortgage interest rates are 2 to 3% higher than inflation.
If you can maintain a zero inflation policy, the mortgage industry can be profitable at 3% instead of 7%! This would save about $1000 a month on the average home loan.

Inflation is NOT an unavoidable part of life. An economy can grow spectacularly for a hundred years without any inflation. Your wages do NOT need to continually rise for you to be better off.. As national industry becomes more innovative and efficient, goods and produce become cheaper - you can afford more and better 'things'.

Inflation is primarily caused by governments nasty habit of printing money whenever they need large amounts of it.

There ARE a few valid situations where printing lots of money is a good idea..
Wartime is one..  A nation can't suddenly build ten thousand planes without printing money.
Depression is another..
In a time of depression (morbid fear of spending), printing dollars creates a temporary spending excitement which can break that fear cycle and kick-start an investment cycle.
A depression can go on for decades if the fear cycle is not broken. That printing of money will certainly cause a savage depreciation in the value of those dollars - but, if the  fear cycle is broken, an "enterprise cycle" will soon recover (and even double) that lost value.

For the last 10,000 years, when communities wanted to build a civic facility, they spent a few years raising funds and collecting materials.. With todays inflation, that is a ridiculous method!
Some decades ago, the State School this author attended (Cairns High) was trying to raise funds to refurbish an "Assembly Hall".. Students sold chocolates; Mothers baked cakes for street stalls.. A few years later, the accountant mercifully pulled the plug on that idea.. "Your efforts are commendable - but, with inflation, the target amount is increasing each year by the same amount you are raising! - You will never get your hall."
Inflation makes "saving for things" an almost futile endeavor.

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