Fed keeps printing more fiat currency. Money supply goes up, it's worth goes down.
Fed keeps printing more fiat currency. Money supply goes up, it's worth goes down.
^ This and pretty much only this. Everything else is a tiny edge condition for inflation in comparison to the vast wads of cash they print every year for bonds they can't sell.
^ This and pretty much only this. Everything else is a tiny edge condition for inflation in comparison to the vast wads of cash they print every year for bonds they can't sell.
(post is archived)