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To: #3Fan
Due to the yearly ~4% ripoff known as inflation. Someone's making trillions a year off that perfect scam.

The government is. It's really quite straightforward. The government owes 3 trillion in debt (or whatever it is). Every year, the government prints more money than it should, so that the real value of that debt is reduced by 4%.

205 posted on 06/29/2002 7:13:25 AM PDT by Rodney King
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To: Rodney King
Every year, the government prints more money than it should, so that the real value of that debt is reduced by 4%.

The problem is that the Federal Reserve consists of private international banks, they print the money and trade it. Like I said, someone is making trillions off of ~4% yearly inflation.

207 posted on 06/29/2002 7:27:48 AM PDT by #3Fan
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