Things should never have got this bad. They have because people in Government and Big Business are greedy for power and wealth. They need some form of crisis so that the people will call for their help and surrender more freedom and money.

There are no good short-run solutions or responses. People are going to suffer no matter what is done. However, in the long-run, things can get better. It starts with rolling back intervention. This will hurt as many people will lose support. But the economy will start to settle down. Inflation is a manufactured problem. Economies are actually deflationary by nature as efficiency improvements and competition pulls prices down. Rapidly increasing money supply, restricting competition, hindering of supply chains, and wasteful Government expenditure fuels inflation. All of which can be avoided.