We don’t need a falling rate of money growth. We just need stability now. That’s not going to stop the wave of price increases for the next year but it can stop it from getting worse and end it completely by 2026. There is at this point zero need to worry about “deflation,” despite what the financial press will be screaming. Quite frankly, deflation at this point would be a gift to American consumers in any case.
Third, Trump needs to fire up the wealth-creation engine of the American economy through dramatic, sweeping, historic levels of regulation torching plus the shock and awe of full agency elimination, same as in Argentina.
The Trump team needs a list of 100 agencies to eliminate immediately but that should just be a start. Another 100 should be on the chopping block. Without all the regulatory clogging that they cause, investment will soar.