The best way to lower inflation is to pull excess cash out of circulation. It's a correction for the cash influx that we saw through the COVID relief funds.
It's not a popular choice, but pulling cash out of circulation is necessary to reduce inflation.
Direct legislative action is difficult without control
lol no it's not. You create a bill called "Keep America a Democracy" or "Defending America from Russia" and then when the Republicans all vote "No" you have the best political weapon you could possibly get.
The best way to lower inflation is to pull excess cash out of circulation. It's a correction for the cash influx that we saw through the COVID relief funds.
It's not a popular choice, but pulling cash out of circulation is necessary to reduce inflation.