Why Official Anti-Inflation Programs Fail PDF
This is because government serves as a place where smart people go to wrench what they want out of others, who believe it is being used for its intended purpose.
No entity that is heavily in debt like government is going to fight inflation. Official anti – inflation efforts are all talk. Without inflation, the U.S. will go the equivalent of bankrupt. Inflation is a way to tax you because lawmakers will never suggest taking more out of your paycheck.
Lower interest rates and inflation increases. Raise interest rates and the government can’t service the enormous debt it has accumulated.
This problem cannot be solved. We get problems like this because U.S. Citizens trust their government. The founding fathers didn’t trust government. They probably never fathomed that their posterity would. Americans are about to find out why they didn’t.
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