Listen to Greenspan if you like. I prefer not to. I remember him jacking interest borrowing rates for banks to tamp down the economy when we were doing good. He said inflation would result. If you watch the economy for some time, you will see the opposite is true. When things are questionable, some people have the ‘I’ll get mine now’ mentality. When this are going great, people are content to run with the flow.
Will ‘Inflation Effect’ Overcome the ‘Wealth Effect’?
Bennocide is killing the dollar and along with it our purchasing power.