Fiat currency offers tools for managing the economy.
40.00% - The gold standard disciplines government — when you can't print money at will, you can't inflate away debt or fund wars on credit indefinitely. That discipline is why politicians abandoned it and why we should restore it.
35.00% - Inflation is the tax you pay when government spends money it doesn't have — Biden pumped trillions into a constrained economy and ordinary Americans paid it on groceries and gas.
25.00% - The official inflation basket — adjusted for quality improvements and substitution effects — consistently understates what real people pay for actual life.
0.00% - Fiat currency offers tools for managing the economy.