I would just like to say something about inflation. In terms of the effects of a government inflation policy, you have to make a distinction between a number of concepts.
By way of a simple analogy, we could compare inflation to the price of a car on a straight road. Inflation is the speed we are travelling at, and the price is the distance we have travelled. If inflation increases, our speed increases and we keep moving forward. If inflation slows down, our speed decreases, but we keep moving, more slowly though. If we remove or add a tax, that will affect our speed. But if we remove a tax, that does not mean we will be going backwards. Our speed will be slower, but the distance we have travelled has already been completed. We will not reverse, unless there is deflation, which has significant economic impacts.
I know this might seem obvious to many of you, but for people listening in, these two concepts can often get mixed up or be difficult to understand.