from a peter schiff article i read today:
Posted on: March 17, 2022 at 12:14:17 CT
blake1771 MU
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Then Powell went on to claim debt monetization doesn’t cause inflation anyway. Powell said inflation is caused by strong demand and supply shortages. But where is all of this demand coming from? It’s coming from money creation. It’s coming from debt monetization. That’s the entire point of this monetary policy – to pump up the economy by pumping up demand.