bsrsharma is right when stating “One way the Fed is helping to solve our severe indebtedness is through inflation (…)”
Equalizer: I think that bsrsharma understood my argument right away and then re-phrased it very cogently. Where I don’t agree with him is that he appears to see this policy as a positive. For those of us who are not debtors, who save compulsively and pay taxes, that inflationary policy is mistaken. It’ll do more harm than good, unless one is a FB or a bank holding too much toxic paper.