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"Quantitative easing" / inflation, is a tax too..gov prints more money, which it spends on it's own things.By the time that money eventually reaches the rest of us, our earnings and savings have taken a cut by the same % that the Fed increased the money supply by.
"Quantitative easing" / inflation, is a tax too.
ReplyDelete.gov prints more money, which it spends on it's own things.
By the time that money eventually reaches the rest of us, our earnings and savings have taken a cut by the same % that the Fed increased the money supply by.