Actually, the only thing that will kill inflation is deflation - ready for a recession anyone? We had to do it during Reagan’s era and we can get through it again.
Economic health will only be sustained by keeping spending increases within the GDP and keeping the gov’t within its constitutional limitations.
And, yes, to get our economy healthy, there’s going to have to be some economic “cold turkey’ - AKA recession - to come off the gov’t spending addiction.
“We had it during Reagan’s era and we can get through it again.”
“The highest inflation rate under President Ronald Reagan was 12.4% in 1980. After Reagan took office, the inflation rate dropped to 10.4% in 1981 and then averaged 4.4% for the rest of his two terms.
We are at 2.8%. We don’t need We just need the continuance of reasonable gas prices.