The View From 1776

Fed, Already Punishing Savers, Now Risks Unleashing Inflation

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