Sunday, May 25, 2014

The Cost of the Federal Reserve’s Actions


                       
I have often 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.

Thereby fueling future inflation. It’s a condition that cannot be easily remedied in the future.
                       
But there are other dire consequences of Fed activities, aside from future inflation; such as 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 and @BusinessNewshole at Twitter.)

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