Fed’s Endless Money Printing
How has Joseph Biden’s administration compounded inflation? By endlessly printing money without going through the proper channels to back it up.
Here, U.S. Rep. Thomas Massie, a Kentucky Republican, offers a 3rd grade level lesson in how inflation ruins our economy. His colleague, Rep. Jamie Raskin, a Maryland Democrat, claims he doesn’t understand Massie’s objections.
But Raskin is the husband of Sarah Bloom Raskin, who previously served on the Federal Reserve Board. So without a doubt, he does understand.
What’s Raskin doing then? Just glossing over the facts, practically sneering as Democrats almost always do. He acts like it would be beneath his dignity to explain himself.
Jason Bermas presents this exchange as a Reality Rant on Red Voice Media. it’s a great primer on how The Fed and U.S. Treasury can conspire to destroy an economy.