g5000
Diamond Member
- Nov 26, 2011
- 138,682
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Why do you think all bold, all cap posts lend credibility to your posts?INFLATION IS CAUSED BY THE FEDERAL RESERVE BOARD PRINTING $$$$$$$$$$$$$$$$$$ LIKE THERE IS NO TOMORROW.
SHOW ME THAT INFLATION WAS PRESENT BEFORE ITS CREATION
.
Are you Trump?
The Fed is not perfect. Granted. However, before the Fed, economic recessions and depressions were more frequent, deeper, and longer lasting.
As for printing money, the Fed has to bail out sclerotic failed banks, dontcha know.
The Fed also has to print stimulus money when a pandemic is badly bungled by an idiot, dontcha know.
That's why we had the recent inflation. Both administrations printed trillions of dollars of stimulus cash at the exact same time our supply chains froze up.
Too much money chasing too few goods. Classic.