2-22 Inflation

Audio Transcript

I’m Dr. Peter Theron.
I’m running for Congress to correct the course of our country.

Price increases may signal higher demand or lower supply.
But all too often they signal inflation, too much money chasing too little supply.
Governments love printing money. There are no visible taxes.
But left unchecked inflation becomes hyperinflation.
Ordinary people need a wheelbarrow of cash to buy a loaf of bread.
It happened in Weimar Germany. It happened in Zimbabwe.
It can happen here.

Inflation is a hidden tax that particularly hurts pensioners and the working poor.
We cannot spend our way out of inflation.
The federal government must print less money.
All levels of government must reduce regulations to increase supply.

When you see a price increase, remember this administration did that.
I’m Peter Theron. Join me in solving problems together and civility will return.
Thank you!