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Sunday, November 14, 2010

Fed, Already Punishing Savers, Now Risks Unleashing Inflation

Helicopter Ben Bernanke continues his assault on savings to facilitate financing the poisonous-mushrooming Federal debt.  Inflation from monetizing the Federal debt (funding new Treasury securities issues with fiat money created out of thin air) is an under-the-table tax increase.

Posted by Thomas E. Brewton on 11/14 at 02:01 AM
Economics • (3) Comments
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