3 ms·
Really weird article. Did anyone that voted this up actually read it? All it says is that the Fed is to blame for the current bubble, but it doesn't explain a
by imp 19y ago
Really weird article. Did anyone that voted this up actually read it? All it says is that the Fed is to blame for the current bubble, but it doesn't explain anything.
FTA:
"Unfortunately, the Fed and its printing press have a policy of cheating the people that do honest work by flooding the economy with money that can be had by people who do nothing to earn it."
and later:
"It is difficult to explain the harmful effects of deliberate inflation to the average person..."
- Xichekolas 19y agoI agree, and posted a reply to it here: http://xichekolas.blogspot.com/2007/05/too-much-free-money.html http://xichekolas.blogspot.com/2007/05/too-much-free-money.html Just my take on it.