Tax cuts–income and capital–will assist here too. The crucial point is the focus on boosting supply and jobs as a way of outrunning inflationary forces. Here again, the financial press will scream about the economy “overheating” but that metaphor is worn out. The effect of economic growth on inflation is exactly the opposite. Economic growth can bury the effects of price increases.
There is not a lot of time, and it is a bargain that the Trump administration will surely lose if it does not act decisively and quickly. The debt creation and money creation must end and the economic growth through agency elimination and deregulation must become the top priority. All of this has the added advantage of making Trump more popular with the people who elected him.
There is no incompatibility between political success and economic rationality. In this case, the incoming Trump administration is very fortunate: they go together.