Heinous, evil phrase
Everything is going up in price because the Federal Reserve is debasing our currency by expanding the money supply
Apparently Michael Hudson says that we won't be able to re-industrialize until we get our cost of living under control, i.e. by cracking down on the parasitic rentier class, the Corporate Oligarchy which controls both parties via campaign donations and lobbying, the Donor Class which buys all of our elections
We need Hard currency so we can have better price discovery and Deflation thanks to technological progress and improved methods of production and more ruthless competition
To drive down the cost of living would destroy many companies and liquidate Shareholders and make their shares worthless
preppers can have lower costs of living if they're off-grid and self-sufficient
healthcare costs need to come down