A baseline scenario for the outlook for prices is that the year-on-year rate of change in consumer prices will hover around 0 percent for the time being, and subsequently increase moderately as aggregate supply and demand balance improves.
The solution is not more draconian laws, which the large borrower may well circumvent and which may entrap the small borrower, but a more timely and fair application of current laws. We also need new institutions such as bankruptcy courts and turn-around agents.