• CableMonster@lemmy.ml
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      7 months ago

      I am sure. I can teach you have this works if you truly are curious, but I am not going to argue if you dont understand. The Fed only creates inflation, at best they can create less inflation.

        • CableMonster@lemmy.ml
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          7 months ago

          In the US, the money is created via the federal revserve and it is done by loaning out money, the only reason inflation rate decreases is that they raise the interest rate so people want less money, so they loan out less money. That money is paid back to the fed, but new money has been made. If you are still interested, I can tell you how this takes away wealth from the poor and middle class.