Inflation

inflation

RESTORE PROSPERITY BY REDUCING INFLATION

Every American is feeling the pinch of excessive inflation, especially those with the least safety net to begin with.  Among other factors, this is driven by massive overspending from the government and the printing money from thin air to pay for it. This cycle is unsustainable, and we must cut spending to balance the budget. With spending under control, we will see an easing of inflation, and in the long run have a stronger, healthier, and more robust economy for all. 

AS PRESIDENT:
    • Reduce Federal spending to pre-pandemic levels, balancing the budget. While it has long been the theory that when interest rates rise to combat inflation, the increased costs of borrowing cause the government to borrow less, but the evidence suggests this simply isn’t the case. Under these circumstances, deficit spending increases inflationary pressures increasing the cost of government debt.

    • Reduce the red tape and barriers to entry that inhibit new businesses and entrepreneurial growth. A sizable portion of our current round of inflation is the result of demand exceeding supply post-pandemic. Increased productivity and more efficient supply change can help reduce inflationary pressure. 

    • Significantly reduce the money supply, which is a necessary supplement to the fiscal consolidation strategy of budget reduction. Supply-side policies don’t curb inflation. Decreased demand does. An absence of easy money, results in the reining in of spending by consumers and government, lowering inflation organically.

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