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The fed always hoped there would be some inflation. Japan has been trying to print the hell out of their situation for awhile now and still haven’t seen the lev

• kokanator 5y ago
  The US financial system is based upon inflation targeting 2%. This is true since the US left the gold standard and is one of the reasons the idea was pushed so hard. Controlled inflation creates wealth for those that control the money (banks). They are assured the value of their deposits will always increase. It's like magic ever expanding money. [0] In trade the Federal Reserve is given a control they can place on the growth of the market and manage employment rates [1] [0]https://www.zeitgeistmovie.com/ https://www.zeitgeistmovie.com/ [1]https://www.federalreserve.gov/faqs/economy_14400.htm https://www.federalreserve.gov/faqs/economy_14400.htm