Originally Posted by
blacknbluebikes
Not anxious to drive off topic, but, as someone who's worked in the finance sector for 30 years, I can't understand your statement here. Are you saying the creation of credit is theft?
“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” Upton Sinclair
If it leads to ever higher M2 and ever higher asset prices then eventually higher goods prices that outstrip wages? Then yes = theft.
Chapwood Index - The Real Cost of Living Increase Index Vs Consumer Price Index - Founded by Ed Butowsky
It could also be equated to a type of partial slavery. The Fed wants inflation to lower unemployment? So are they admitting they want all the underclass to be hamsters on wheels?
And probably everyone reading this post will have some unfounded partisan view “My side will correct it if only....” yea, about that.