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7. When there is too much money in the economy supporting overall demand for goods and services which, in, turn, increases inflationary pressures, BSP tightens
7. When there is "too much money in the economy supporting overall demand for goods and services which, in, turn, increases inflationary pressures, BSP "tightens the faucet" to reduce money supply (in analogy the of monetary policy as faucet, where BSP as the person who controls the faucet). This action dampens demand which could lead to lower inflation
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