The Real Cost of Federal Reserve Activity

I have written about the Federal Reserve’s loose money activity which allows the Treasury a free hand to go into debt when the Fed buys bonds and literally adds to the money supply and fuels future inflation. It’s a condition that cannot be politically remedied in the future.

But there are other dire consequences of Fed activities, aside from future inflation; making it impossible for the average citizen to accumulate savings; making it extremely difficult for small business to compete with government for available dollars with which to profitably operate. (See the Earl J. Weinreb NewsHole® comments.)