Stop printing money to fuel inflation

The U.S. inflation jumped over 8%, highest in the last 40 years. From gas prices to housing to food, the prices become unbearable. The politicians point fingers at the war, pandemic, etc., while the reality is very simple - the U.S. government simply prints money at the ever increasing speed.

US Dollar money supply chart https://ycharts.com/indicators/us_m1_money_supply shows, that at the beginning of the pandemic the US flooded the economy with over (!) 12 Trillion USD new money, and after that prints the money twice as fast. The average growth rate is (!) 9.84%.

Inflation is NOT caused by any external reasons, it is a hidden tax that the government imposes on everybody for just holding money.

Stop printing money and return to sub 2% annual inflation, as required by the The Federal Reserve Act

https://www.federalreserve.gov/monetarypolicy/monetary-policy-what-are-its-goals-how-does-it-work.htm

What are the goals of monetary policy?

The Federal Reserve Act mandates that the Federal Reserve conduct monetary policy "so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates." Even though the act lists three distinct goals of monetary policy, the Fed's mandate for monetary policy is commonly known as the dual mandate. The reason is that an economy in which people who want to work either have a job or are likely to find one fairly quickly and in which the price level (meaning a broad measure of the price of goods and services purchased by consumers) is stable creates the conditions needed for interest rates to settle at moderate levels.

Decisions about monetary policy are made at meetings of the Federal Open Market Committee (FOMC). The FOMC comprises the members of the Board of Governors; the president of the Federal Reserve Bank of New York; and 4 of the remaining 11 Reserve Bank presidents, who serve one-year terms on a rotating basis. All 12 of the Reserve Bank presidents attend FOMC meetings and participate in FOMC discussions, but only the presidents who are Committee members at the time may vote on policy decisions.

Each year, the FOMC explains in a public statement how it interprets its monetary policy goals and the principles that guide its strategy for achieving them. The FOMC judges that low and stable inflation at the rate of 2 percent per year, as measured by the annual change in the price index for personal consumption expenditures, is most consistent with achievement of both parts of the dual mandate.