SRL for [ignited]: Chancellor of the Exchequer Nigel Lawson views the high rates as his chief weapon against inflation , which was [ignited] by tax cuts and loose credit policies in 1986 and 1987 .
ARG-1: inflation | R-ARG-1: which | ARG-0: by tax cuts and loose credit policies | ARG-M-TMP: in 1986 and 1987