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We were printing more money to pay off debts with all of these other countries, which is why the value of the dollar was going so low. Now, we have to print money to bail out these pork-barrel spending industries. The threat of inflation has been around for 2 years or so and instead of the Fed curing the disease, it's trying to treat the symptoms.Â
LikeHaterade
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inflation has been around as long as theres been a fed. much longer than 2 years, i think the fed started in 1913.
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the fed isnt trying to help anything, its simply making it worse. politicians shouldnt be in control of money, and the federal reserve gives politicians a ton of leeway
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