They all do it. Only when you change the system away from fiat currencies, reserve banks and other unstable systems prone to manipulation will you get back to stable values.
I disagree. I was running my own business in 1972 and know exactly what happened. Nixon was forced to decontrol gold because of the hyper-inflation caused by Johnson’s Great Society programs. Unfortunately, the inflation caused by liberals usually shows up after they have left office.
One of the reasons we remember Carter as the worst president before Obama is that, for a change, the inflation came while he was still in office.