- 24 Feb 2020 14:46
#15069560
I believe it's 2% inflation on consumer goods. How exactly is this a meal ticket for their money printing? I'm not understanding that statement.
I agree, that those who benefit the most from this policy of forcing inflation is the rich. Those the benefit the least, or are actually hurt by it, are the poor. Which I've stated previously, and why I agree with the OPs opening sentiments.
SolarCross wrote:It is "non-zero" because the Fed want a meal ticket for all their money printing, they do not do it for free. They try to keep it under some smallish number, like "2%", (does this count real asset inflation or just consumer goods?), because more will turn people into banker hanging nazis. Who even notices 2%?
I believe it's 2% inflation on consumer goods. How exactly is this a meal ticket for their money printing? I'm not understanding that statement.
I agree, that those who benefit the most from this policy of forcing inflation is the rich. Those the benefit the least, or are actually hurt by it, are the poor. Which I've stated previously, and why I agree with the OPs opening sentiments.
I can think of 11780 reasons Trump shouldn't be president ever again.