Issue Position: Inflation

Issue Position

Date: Jan. 1, 2012
Issues: Monetary Policy

The price of commodities such as food staples and oil have increased drastically over the past two years, this is largely due to inflationary pressures. These pressures are due to economic inefficiencies induced by the federal government, the Federal Reserve's quantitative easing policies and the mounting national debt, all diminishing the purchasing power of our dollar. Inflation acts like a burden to job growth, an unlegislated tax when the federal government's policies encourage such. It results in a more inefficient economy in which consumers have less money to save or spend to stimulate capital investment and job growth.

I am a fiscal conservative and will act as such with our tax dollars and as your congressman. I intend to take action against our poor monetary policy and attempted currency debasement.

I shall promote the following legislation in order to restore confidence in our dollar and ease these current inflationary pressures that are disproportionally squeezing the middle and lower classes.

- Seek action to audit the Federal Reserve and ultimately end its ability to dilute our currency and monetize the debt. (You may read more in detail concerning my position on the Federal Reserve and the great economic harm it has done under the "Federal Reserve" tab on my "Issues" page).

- Stand firm with the American people and hold Washington accountable for our massive debt by going after government fraud and wasteful spending with the attitude of getting control of our fiscal disorder. (You may read more in detail under the "National Debt" tab on my "Issues" page).

- Promote more economically efficient policies in regards to current trade and business regulations in order to encourage employment and a stronger economy.

In the near future, inflation will only continue to escalate at a much more alarming rate if we do nothing and continue to elect policy makers who do not understand the real problems we face.


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