One is that inflation is really caused by governmental devaluing or debasing of the currency.
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That’s mostly true. Pumping money to stimulate an economy in recession devalues the currency. The way to prevent this is not to allow the Federal Reserve to put the economy in recession with interest rates manipulated to be higher than what the market would charge, which they justify with their false premise that economic growth causes inflation.
We already have a giant stimulation via .gov spending. Lower rates ensures .gov will continue to spend. This economy has been very unhealthy for decades. Lower rates ensures more .gov spending and makes it ‘easier’ for them. The death of savers continues.