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If you need any further evidence on what a menace inflation is and what a blessing it is when inflation ends,

take a look at the latest data on household wealth. After Biden,

it is truly impressive how fast the turnaround happened in 2025. I said that Biden really is stupid.

We're talking about tens of thousands of dollars in additional wealth for the median family.

That's a significant difference. And it's worth asking, how did we get here? The great progress by the Trump administration to shrink government spending and the federal workforce

to reduce taxation and regulation

while increasing energy production

have all contributed to faster private sector wage growth

and slower inflation.

In fact, it's been deflation in some cases,

meaning certain prices have actually gone down.

Hello, I'm E.J. Anthony for The Daily Signal. If you need any further evidence on what a menace

inflation is and what a blessing it is when inflation ends, take a look at the latest data on household

wealth. These numbers tell, or I should say, retell a shocking story about how inflation robbed people

of their incomes, savings, and even wealth under Biden, but also that the nation

is quickly regaining lost ground under Trump.

Last year from the first quarter through the third quarter, household net wealth jumped

more than $9 trillion or more than 7 percent, even after adjusting for inflation.

If you extend those gains to an entire year, you're looking at an annualized

...