At its core, money is simply an agreement about the value of work. As Adam Smith put it, “the sole purpose of money is to circulate consumable goods.”
It is easy to understand why we in America should seek to ensure that our money remains stable; that is, ensure that the dollar holds its value over time.
This will make our economy more prosperous by bolstering investment, without which there would be no companies or jobs. While the deregulatory agenda and tax cuts of the Trump Administration resulted in a boom for the economy, economics begins and ends with investment.