Thomas Brown's Blog – April 2009 Archive (1)

Let's talk about the role for the Federal Reserve and it's ability to create money out of nothing. Let's not view them a entity which works to create monetary policy to protect the economy but more of counterfeiter who can pump out large sums of fake money. This fake money is then distributed to the folks at the top of the food chain. These folks can then take this new money which has increased the amount of purchasing power they have and spend it on capital goods they would otherwise no be… Continue