Iowa515, to my knowledge, the government is actually not greatly increasing the dollar supply right now. However, you are right, the government is issuing debt, which is just as bad as issuing dollars to pay for things. The monetary policy of the fed is almost irrelevant without any fiscal restraint in the legislative and executive branches. I wonder if the taxpayers would be willing to pay extra taxes this year to fund accounting classes for the government?
Will Gold Break Out? [View article]
The monetary policy of the fed is almost irrelevant without any fiscal restraint in the legislative and executive branches. I wonder if the taxpayers would be willing to pay extra taxes this year to fund accounting classes for the government?