Inflation Up 6.4% From a Year Ago

"Inflation turned higher to start 2023, as rising shelter, gas and fuel prices took their toll on consumers, the Labor Department reported Tuesday."

Rest at https://www.cnbc.com/2023/02/14/consumer-price-index-january-2023-.html

 

Solution:

1) Get rid of the current fiat monetary system and replace it with a monetary system based on the gold standard.

2) Stop increasing the national debt. With a gold standard-based monetary system, huge budget deficits are very difficult to run. The basic reason why the U.S. government has been able to run ginormous budget deficits in the 21st century is because the last link of the U.S. dollar to gold was severed in 1971.

 

Same thing with cutting taxes. Republicans especially are really bad about cutting taxes without offsetting the tax cuts with spending cuts.