Federal Reserve Running Money Printing Press in High Gear
Imagine an arsonist blaming you for the blaze he started at your house. Sound far-fetched? Well, that’s essentially what happened recently when a member of the Federal Reserve blamed workers’ pay increases for causing inflation. The Fed has the correlation correct but not the causation. It’s true that wages tend to rise quickly in periods of high inflation, but it’s not the wage increases that ignite the fire. Rather, the central bank’s money creation causes prices everywhere to rise, including the price of labor—i.e., wages.
Cash Services Federal Reserve History
Hyperinflation Explained: Signs, Causes and Mitigation
The Buck Starts Here: How Money is Made
Biden admin backs down on tracking bank accounts with over $600
How the U.S. Treasury Prints Dollar Bills - The New York Times
Lessons from the Fed's $3 trillion money printing
How the U.S. Treasury Prints Dollar Bills - The New York Times
Wokeness” at the Fed Could Easily Create Another Banking Crisis
What is the Fed and What Does It Do?
See where ripped, damaged money goes to die — and what they do
How the Federal Reserve Protects the Top One Percent - The
Federal Reserve Board - Currency Print Orders
Cash Services Federal Reserve History