There is a criminal to catch. There is no free lunch. This isn’t a “grow the pie” idea when it comes to money printing.
Imagine you had:
1/10 of all dollars.
Next year they printed 20% of money supply, so now you own:
1/12 of all dollars.
Your own wealth got siphoned off indirectly without you being cognizant of it. That’s exactly whats happening here. Every year they’ve been siphoning off 2-5% (maybe more) and now they have to ramp up further just to stay ahead of the game.
This isn’t by accident, it’s by design. So yes, there is a criminal here.
Most of the printed $100 USD bills are abroad in someone’s cabinet or mattress being used as a store of value vs their own trash currency. Most of these people still hold faith that the USD is a sound currency, and the FED takes that faith and abuses it by quietly eroding their savings.
Comments
There is a criminal to catch. There is no free lunch. This isn’t a “grow the pie” idea when it comes to money printing.
Imagine you had:
1/10 of all dollars.
Next year they printed 20% of money supply, so now you own:
1/12 of all dollars.
Your own wealth got siphoned off indirectly without you being cognizant of it. That’s exactly whats happening here. Every year they’ve been siphoning off 2-5% (maybe more) and now they have to ramp up further just to stay ahead of the game.
This isn’t by accident, it’s by design. So yes, there is a criminal here.
Most of the printed $100 USD bills are abroad in someone’s cabinet or mattress being used as a store of value vs their own trash currency. Most of these people still hold faith that the USD is a sound currency, and the FED takes that faith and abuses it by quietly eroding their savings.