The View From 1776

The Inflation Tax

      http://www.thomasbrewton.com/index.php/weblog/the_inflation_tax/

The Fed continues blithely to ignore the destructive inflationary impact of excessively expanding the money supply.


Read the Wall Street Journal’s lead editorial for today: The Fed’s Bender.

For more background on what the Fed has been doing, see Federal Intervention Always Has Negative Results, with its links to related postings on this website.