[Toddsterpatriot]

Who got that $30? Not the people who are working to pass along that extra $30 worth of labor to pay their bills, they're also working and losing 3% as they go.

The Fed didn't get it either. If someone borrowed your $1000, and paid you back in these new, less valuable dollars, they got your $30.

The people that created the extra currency in the system to devalue my payment for my labor, that's who's getting it.

In that case, anyone who borrowed, increasing the money supply, devalued your $1000.

[Partisan Gunslinger]

The Fed didn't get it either. If someone borrowed your $1000, and paid you back in these new, less valuable dollars, they got your $30.

No, because the Fed buys debt instruments that surpass inflation. Every year they can buy 3% more than the year before. The person that borrowed the money has to pay more than inflation or else the bank wouldn't lend it in the first place

In that case, anyone who borrowed, increasing the money supply, devalued your $1000.

They paid back more than inflation. No, it's not them.