Blame the Fed for the state of inflation: LETTER | Letters

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There have been many comments about the rebound in the inflation rate. Let’s take a look at the dictionary definition of inflation. “A general increase in prices and a fall in the purchase value of silver.”

So there has been a lot of blame for who is responsible for the current high inflation. There is really only one responsible institution, the US Federal Reserve. The Fed, created by an idea of ​​JP Morgan, a banker, along with several other bankers to control the nation’s money supply.

The problem is that the money supply is out of control and has been for a long time. In the past two years alone, the Fed has created more than $5 trillion out of thin air and flooded banks with cash where it is then loaned out. This dwarf is the previous period of 11 years, when the money supply has increased by about 4 trillion dollars, since that last banking problem in 2008. What did they think would happen to the rate of inflation with this jump reckless money supply? Especially in such a short time.

Since 1913, the year the Fed was created, the value of the dollar has fallen more than 96%, with the blame squarely on the Fed.

One thing is certain, it’s not a question of IF it ends badly but WHEN. The stakes are high.

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