Hillsdale College

National Survey on Inflation in the United States

1. As inflation rises in our country, what are your biggest concerns? (Please check all that apply.)

Job loss / Unemployment

An increase in the number of Americans who depend on the government

An increase in the national debt

More inflation

No concerns about inflation

Not Sure/No Opinion

2. Free market economist Milton Friedman said, “Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” Do you agree that we are witnessing proof of his statement in our current economy?

Agree

Disagree

Not Sure/ No Opinion

3. With the onset of the COVID pandemic in 2020, deficits soared further as the government sought to mitigate the effects of shutting down much of the economy. Do you agree that this contributed to the current inflation in the United States?

Agree

Disagree

Not Sure/ No Opinion

4. Despite the expectation of further inflation, the Biden administration is still promoting more government spending. Do you think more spending by the federal government will lead to more inflation?

Yes

No

Not Sure/ No Opinion

5. In 1980, inflation rose as high as 13.5 percent. In response, the Federal Reserve sharply increased interest rates, which pushed the economy into a deep recession. But by 1984, inflation was down to 4.1 percent and would stay low for the next few decades. Do you think the Federal Reserve should combat the current inflation by raising interest rates?

Yes

No

Not Sure/ No Opinion

6. Today, there is increasing support for socialism and other ideas opposed to liberty, especially among younger citizens. Which of Hillsdale’s educational outreach efforts do you believe is most effective at teaching free market economics to our fellow Americans, including the young? (Please check all that apply.)

Hillsdale’s American classical K-12 curriculum—including free market economics—that has been adopted by thousands of teachers and schools

Hillsdale’s lecture programs, such as the Free Market Forum and the Ludwig von Mises Lecture Series, which are promoted nationwide

Hillsdale’s free online courses, such as “Economics 101: The Principles of Free Market Economics,” in which millions of Americans have enrolled

7. Were you previously aware that Hillsdale College refuses to accept even ONE PENNY of government support—not even indirectly in the form of federal or state student grants or loans? This independence frees Hillsdale from burdensome and corrupting government regulations and allows the College to remain true to its mission.

Yes, I was aware.

No, I was not aware.

Once you submit your National Survey on Inflation in the United States, Hillsdale College will add you to its mailing list to receive a free lifetime subscription to Imprimis.

Yes! I want to receive a free lifetime subscription to Imprimis, Hillsdale’s digest of liberty.

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Inflation has risen significantly in the past year. And the expectation of further inflation is deeply embedded in our nation’s economy.

Today, you can help Hillsdale College understand more clearly the views of Americans like you on the economy and inflation by taking this important survey.

It will only take you a few minutes to complete. The results will help Hillsdale College create an effective strategy to educate millions of Americans about the economic issues facing our nation.

Your survey answers will remain strictly confidential.