Jimmy Carter on Inflation SNL Cold Open in 1978: ‘Inflation Is Our Friend ... Most Americans Will Be Millionaires’

AYKROYD Inflation is our ░░░░░░░░ Laughter For example consider ░░░░░░░░ in the year 2000 ░░░░░░░░ current trends continue the ░░░░░░░░ blue collar annual wage ░░░░░░░░ this country will be ░░░░░░░░ 000 Think what this ░░░░░░░░ world of the future ░░░░░░░░ mean most Americans will ░░░░░░░░ millionaires Everyone will feel ░░░░░░░░ a big shot Wouldn ░░░░░░░░ you like to own ░░░░░░░░ 4 000 suit And ░░░░░░░░ a 75 cigar Drive ░░░░░░░░ 6 000 car I ░░░░░░░░ I would Laughter But ░░░░░░░░ about people on fixed ░░░░░░░░ They have always been ░░░░░░░░ true victims of inflation ░░░░░░░░ s why I will ░░░░░░░░ to Congress the inflation ░░░░░░░░ program whereby the U ░░░░░░░░ Treasury will make up ░░░░░░░░ inflation cause losses through ░░░░░░░░ tax rebates to the ░░░░░░░░ in cash Now you ░░░░░░░░ say Won t that ░░░░░░░░ a lot of money ░░░░░░░░ t that increase the ░░░░░░░░ Sure it will But ░░░░░░░░ what We ll just ░░░░░░░░ more money Laughter We ░░░░░░░░ the papers We have ░░░░░░░░ mints I can just ░░░░░░░░ up the bureau of ░░░░░░░░ and say Hi this ░░░░░░░░ Jimmy Roll off some ░░░░░░░░ them 20s Laughter Print ░░░░░░░░ a couple of thousand ░░░░░░░░ of those century notes ░░░░░░░░ the glut of dollars ░░░░░░░░ cause even more inflation ░░░░░░░░ who cares Everybody will ░░░░░░░░ a millionaire.”