Austrian economics:
"Prices keep going up?
Money supply keeps going up?
Okay, find better money and make it the standard.
Make sure what comes in is greater than what goes out.
Adjust time preference according to circumstances, save, invest and consume accordingly.
Best case, accumulate more capital to increase what comes in later on.
Don't dismiss intangible and psychic profits and income.
Rinse, repeat, reduce uncertainty, chill and have fun!"
Mainstream economics:
"Money printing is a contributing factor to prices going up, yes. But that's not the *only* variable. There are other factors at play. First identify the market failure. If an intervention is causing it, look at positive and negative externalities of that intervention. Also look at supply side and demand side data and the macro factors at play. Based on all this, intervention or control needs to be called for. There are also 'structural issues' that need to be identified and dealt with. There's also population age and unemployment rates to consider. Data collection needs to be improved. Also need more funding for intellectuals to write papers about this to arrive at what is actually causing prices to go up. Open debate and democratic discourse will help identify what the right policy is to address the problem of inflation."