> The Fed, with the touch of a keyboard, writes money into existence out of thin air, purchasing securities with it. It amazes me that so few discuss the ethics

> The Fed, with the touch of a keyboard, writes money into existence out of thin air, purchasing securities with it. It amazes me that so few discuss the ethics of where the money comes from in the first place. Everybody's money loses value when they print notes. That's where it comes from.