Exactly who do I vote for to end the inflationary, easy money, Zero interest rate policy of the Federal Reserve. You may have been taught in school that the United States is a democracy but I am afraid that does not apply to the Federal Reserve which is an unelected unaccountable quasi-goverment entity at best.
> You'd be lying.
Nope, not lying - just calling out the truth that the government systematically steals the purchasing power of the common man by means of inflation, officially at the rate of 2% per year, but I believe the rate is actually much higher.
Currently the official rate is 6.4%, so over 3x the target rate. I’m curious how anyone could see this situation and not be concerned for the future. See 1971 Cost of Living for example https://imgur.com/3YApK5i
> You'd be lying.
Nope, not lying - just calling out the truth that the government systematically steals the purchasing power of the common man by means of inflation, officially at the rate of 2% per year, but I believe the rate is actually much higher.
Currently the official rate is 6.4%, so over 3x the target rate. I’m curious how anyone could see this situation and not be concerned for the future. See 1971 Cost of Living for example https://imgur.com/3YApK5i
Bitcoin fixes this.