The Biggest Source Of Inflation Today
In addition to funding the U.S. government's deficit, the Federal Reserve also intervenes in the financial markets to "manage" the effects of inflation that it has previously created. Nearly all of the money that was advanced in reaction to the crises related to the Great Recession 2008-10 was created by the Federal Reserve (out of nothing; out of thin air) and was an expansion of the supply of money and credit.
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Kelsey Williams Is The Author Of Two Books: Inflation, What It Is, What It Isn't, And Who's Responsible For It And more