And it's difficult once you've devalued the dollar to the extent we have over the decades. A dollar you held in 1998 is only worth 51 cents. As recently as 2019, that dollar's worth 80 cents. And so The 40 year high inflation incurred during the Biden administration, that permanently devalued the dollar. So a lot of those prices, they're not going to go back down. Now. There are certain commodities like energy, gasoline, you're noticing because we actually are encouraging drilling and energy production. (08:33–08:39)
CLAIM
Asserts that inflation during the Biden administration permanently devalued the dollar.
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