The Fed, And No One Else, Is Responsible for Inflation

Source: Future of Freedom Foundation
by Jacob G Hornberger

“According to commentators in the mainstream press and various federal officials, inflation is like the coronavirus. It spreads around the world, hitting different countries in different ways. Sometimes a country will experience only mild symptoms and sometimes more severe symptoms, like what happens with Covid. Now that the inflation virus has hit America, the mainstream media, along with public officials, are coming up with all sorts of remedies to address the problem. This is all sheer nonsense, of course. There is one — and only one — entity that is responsible for inflating the money supply. That entity is the Federal Reserve.” (06/06/22)