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impoverishing

We’ll Pay All Those Future Obligations by Impoverishing Everyone (How to Destroy Our Currency In One Easy Lesson)

August 6, 2018 7:08 am

by Charles Hugh-Smith The only way to pay all these future obligations is by creating new money. I’ve been focusing on inflation, which is more properly understood as the loss of purchasing power of a currency, which when taken to extremes destroys …

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The Fed’s “Inflation Target” is Impoverishing American Workers

June 20, 2018 8:57 am

by Antonius Aquinas    Fed Chair Jerome Powell apparently doesn’t see the pernicious effects of inflation At one time, the Federal Reserve’s sole mandate was to maintain stable prices and to “fight inflation.”  To the Fed, the financial press, and most everyone …

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