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Agreed. As long as we are to have a continually inflating currency, the primary responsibility/expectation for monetary creation needs to be moved to the legisl
by mindslight 3y ago
Agreed. As long as we are to have a continually inflating currency, the primary responsibility/expectation for monetary creation needs to be moved to the legislative/executive branches of the government - so the new money can at least be directed to purposeful endeavors. As opposed to the system of the past several decades whereby the Federal Reserve continually decreases interest rates, making most new money flow to the banks who then just use it to continue bidding up the leveraged asset bubble.