Long back, yes i mean it, when i was studying intricacies of
management, i came across a book titled 'death of inflation', dont remember d
author.

It detailed how govts, specially developed ones, have tamed
d inflation wid better coordination between fiscal and monetary policies,
better management by central banks and other economic initiatives. I remember a
batchmate in finance class inquired if such a thing is possible and rather
sarcastically inquired if i had read d book and not carrying it to impress
others.

People around d world are much more Economics literate n
knowledgeable now. And certainly electorate has become more demanding. Govt
round d world r facing d heat of inflation. 
Last week data of inflation crossing 8% in india has made PM and FM more
worried if not susceptible to electoral economics. And they are now relying on
good ol' monsoon for relief.

Wid inflation, age old issues of independence to central
bank and money supply have again erupted. 'Inflation is everywhere a monetary
phenomenon'. Novelty this time is so called 'increased demand for food in
developing countries'. Its not just Presidents who reason so but better
informed 'the economist' and  'newsweek'
also have the same opinion.

Wonder if i can get hold of d book and re-read it. May be it
had some remedies for food prices inflation.