mavSolve

I had a breakthrough; an epiphany of sorts this afternoon.   Sometimes, things roll along and they don't make sense, but I just figured something out.  How can the cartel we call the Federal Reserve continue expanding the money supply endlessly, including dumping over $1 trillion dollars into circulation in the last three months, and still claim low-single-digit inflation?   We economists know the truth, right?  With a limited amount of wealth creation, if money supply grows faster than real wealth, our dollars are ... Read More