Friday, March 5, 2021

Tag: We Still Can’t Afford Nice Things

No Matter How Much Money the Fed Prints, We Still Can’t Afford Nice Things

by Charles Hugh Smith, Of Two Minds:

When will the American wage-earner finally tire of the skims, scams, fraud and lies that are now the foundations of everyday life?

You’d think that with the Federal Reserve printing trillions of dollars since 2008, we’d all be able to afford nice things. But you’d be wrong:¬†after 11 years of Fed money-printing, nice things are even more out of reach for all but the favored few who’ve received the Fed’s bounty of freshly created currency.