Why Doesn't The Fed Just STOP Printing Money Already?
发布时间 2022-06-27 19:00:30 来源
摘要
The middle class is getting screwed by inflation. Gas prices and everyday goods are through the roof, and home ownership is virtually unattainable without a high income. And when we think about who caused all of this, the answer is clear. The reason for all this pain is the Fed and their insane money printing. In the early days, their money printing seemed nice as stocks went to the moon and people got stimulus checks left and right. But, now that we’re dealing with the consequences, money printing doesn’t seem nearly as appealing. Before the fed existed, the value of the dollar didn’t go down for nearly 150 years. But, once the fed was created, the value of the dollar has gone down 98%. So, why don’t we just stop printing money? Well, the main reason the fed exists and continues to print money is to protect national interests. Persistent inflation encourages people to spend and invest their money. It also makes it significantly easier for the government to pay off debt. Not to mention, the government has to make up for a massive deficit. This video explains why the fed exists and why they will continue to print money despite its negative consequences.
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Timestamps:
0:00 - Money Supply
2:04 - National Banks
4:45 - The Era Without The Fed
7:23 - Why Print Money?
10:06 - The Fed Explained
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