Commonwealth Policy Center

If you’re a fan of Dollar Tree, you’re going to be in for a shock. The discount chain store, known for selling everything at a dollar or less, is raising the price of most items to $1.25. Their goods have been the same price for 35 years. It might not seem like a lot, but it’s a 25 percent increase. And the reason for this is because of inflation caused by the federal government pouring trillions of dollars into the economy in recent years. It was a short-term solution to COVID shutdowns, but the long-term implications are real as inflation devalues the dollar. Sound monetary policy is an obligation of good government, and when government disregards fiscal guardrails, it’s the consumer–especially those who can least afford it that will pay the cost.