Is there even any real benefit to "incentivizing spending" by stealing people's savings via inflation or was that just a psyop to make people more accepting of the Fed?
It’s good in small doses, as in a saving economy industry suffers a bit from having the capital to make products but not the demand to back it up. However we’re way past that point and I’m slightly worried about hyperinflation. Not VERY, but it’s a possibility.
Is there even any real benefit to "incentivizing spending" by stealing people's savings via inflation or was that just a psyop to make people more accepting of the Fed?
It’s good in small doses, as in a saving economy industry suffers a bit from having the capital to make products but not the demand to back it up. However we’re way past that point and I’m slightly worried about hyperinflation. Not VERY, but it’s a possibility.