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The critical flaw is that one of the stated goals of the FED is to manufacture inflation. You need to "grow" at at least the rate of FED-induced inflation, oth
by StanislavPetrov 8y ago
The critical flaw is that one of the stated goals of the FED is to manufacture inflation. You need to "grow" at at least the rate of FED-induced inflation, otherwise you are shrinking. Its how our debt-based, rent-seeking economy "functions".