Stop Confusing Money with Wealth
Useful goods and services, and the productive resources needed to create useful goods and services, are wealth. Money is not wealth, and creating more money without first creating wealth is a big problem.
Useful goods and services, and the productive resources needed to create useful goods and services, are wealth. Money is not wealth, and creating more money without first creating wealth is a big problem.
Useful goods and services, and the productive resources needed to create useful goods and services, are wealth. Money is not wealth, and creating more money without first creating wealth is a big problem.
Money printing—even at a constant rate—is going to generate the same result as any other money printing. The reason lies in the fact that money creation transfers wealth from productive to unproductive enterprises.
Money printing—even at a constant rate—is going to generate the same result as any other money printing. The reason lies in the fact that money creation transfers wealth from productive to unproductive enterprises.
Trying to stay ahead of the government printing press is the modern citizen’s constant worry.
The Fed could certainly encourage more price inflation if it wanted to. But it seems the real goal is not steady inflation, but support for the financial sector.
Trying to stay ahead of the government printing press is the modern citizen’s constant worry.
The Fed could certainly encourage more price inflation if it wanted to. But it seems the real goal is not steady inflation, but support for the financial sector.
Inflation, the issue of additional paper money, and credit expansion are always intentional; they are never acts of God which strike people, like an earthquake.
It becomes clear that ramping up inflation is a tool for those who wish to overthrow the existing economic and social order—to get rid of what little is left of the free market system.