[wideawake]

The fact that the service economy creates wealth has nothing to do with the Fed's printing of more currency.

The Fed does not create wealth. It creates liquidity.

There's a difference.

And there's no need for a Fed at all. The market can create its own liquidity.

[Willie Green]

The fact that the service economy creates wealth

Services don't create wealth.
They merely transfer, redistribute and eventually dissipate wealth.