“When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.” Thomas Sowell The Fed insists that persistent high inflation, clocking in at its highest level…
Tag: hyperinflation
Creating Money From Nothing
In 2020, Fitch Ratings estimated that the world’s central banks would create a total of $6 trillion that year. Of course, they won’t literally be printing the money – that would be physically impossible. You’d have to stack $100 bills…