Despite progress on reducing inflation, inflation inequality remains high
Inflation
The vicious cycle of rising public debt, monetary inflation, and consumer price inflation is one of the greatest challenges of our time. Inflation primarily harms lower-income Americans, and we must protect Americans’ ability to place their savings in inflation-protected assets like bitcoin. Furthermore, we must reform financial regulations to ensure that lower- and middle-income Americans have access to basic financial services and the innovation economy.
All Inflation
Understanding November's job report requires looking across several key indicators.
Although the Fed has largely succeeded in bringing inflation down, it remains fifty basis points higher for the poorest Americans
Tentatively, the biggest winner from the IRS changes is low-income households
Despite the recent surge in inflation, certain provisions in the TCJA have mitigated some of the inefficient and costly redistributive effects of inflation