3% target inflation.
The Fed isn't the only factor in inflation. If they are successful, how does that make you a slave?
It most certainly is.
How is the Fed making 3% a year off you? Show me.
Paying them for their currency that loses 3% per year (in a good year), and they do no work for us. We traded even steven currency for labor, services, and goods until they decided to throw in their ever-inflating fiat currency. Now we put our money in a bank and when we take it back out it's worth less than it was when we put it in because they sold fresh currency to dilute the currency that everyone already worked for. That's slavery. Now if they would come over and mow my yard, that might make up for it, but they don't do that.