alexlaird87
Alexlaird87
alexlaird87

This guy has it. I’d like to add that that tax dollars flowing back to the fed, in this micro-managed economy, is the only thing that truely combats inflation. Inflation is a normal phenominon, when currency is tied to something of value, which leads to booms and busts. With the FedRes, it’s really just accounting

Much of your article is based of old and defunct economic theory. “Inflation is always and everywhere a monetary phenomenon”. Inflation isn’t rising prices or weakening dollar, those are both just symptoms of inflation. Inflation is an increase in the supply of money; specifically money printing, ~0% interest rates