[dljordan]

“That’s the equivalent of trying to create a perpetual motion machine.”

Like the Fed?

[Zhang Fei]

[Like the Fed?]

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Way pre-exists the Fed. Inflation has been a fact of life since man invented money. It’s how government pays the bills and stimulates the economy without imposing politically-unpopular new taxes. The Fed did not exist in the 19th century. Inflation did.