Embrace Beneficial Aspects of Inflation
With increasing frequency, I am receiving panicky emails and finding news stories that the Federal Reserve is broke or near bankruptcy. Misleading information is infuriating to read.
The Federal Reserve controls the money supply. It is never broke. It creates dollars out of thin air. The Fed has always done this. Unless Congress curbs its powers, the Fed will continue to create money to help the government pay its bills and assure that an adequate money supply exists to meet the need of our perpetually growing economy.
Another bit of infuriating misinformation is that
