Rand Paul Says ‘Affordability’ Crisis Is Really Inflation, Blames $2 Trillion Deficit and Fed Money Creation for Rising Costs
Paul blames inflation for rising costs. He argues that federal deficit and Fed's monetary policy contribute to declining purchasing power.
Some leaders say the real problem with expensive stuff isn't prices being unfair—it's that our money is worth less because the government spends too much and the Fed printed extra money. When you think about why things cost more, this reminds us to watch what leaders and the Fed do with money.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.
