Fed Chair Paul Volcker, November 19, 1980: "Our focus on the objective of dealing with inflation recognizes that inflation has been the single most disruptive element on the economic scene. Inflation places tremendous pressures on the budgets of many households, distorts spending and saving decisions, inhibits productivity-expanding business capital formation, erodes the foundations of the domestic and international financial systems, and in the process saps confidence at home and abroad in our future. More specifically, unless there is a sense that inflation is decelerating, there can be, in my judgment, little hope of bringing about the sustained, balanced growth of production and real income that we seek. That deceleration requires that excessive monetary expansion must be avoided."

Keep deleting! And I recommend we split the first $1b in savings between a) deficit reduction and b) a tax break for those making under $50k a year!

Under the Biden admin, the government allegedly flagged purchases of firearms, Bibles, and anything associated with “MAGA” or “Trump” as extremism. This effectively forced bankers to spy on conservatives and destroy bank accounts the Biden regime didn’t like.