Adam Millsap outlines different ways to curb inflation in Forbes.
- As inflation continues to reach record-highs, there are several steps that policymakers can take to reduce costs for consumers.
- One of the most impactful policies would be rescinding tariffs, which collectively cost consumers $51 billion in higher prices.
- Another step to increase supply in order to keep up with demand is to reduce regulations that stump economic growth.
- By enacting pro-economic growth policies, lawmakers can alleviate financial burdens on consumers and accelerate innovation.
Read the full article here.