Increasing The Money Supply

The average increase in our monetary base has risen over 5% since 1961. For the supposed Y2K emergency and the 9/11 catastrophe, it rose 10%.

These days the increase is well over 100% and rapidly rising. Yet, we listen to administration and Federal Reserve officials who keep telling us all this will be taken care of.

The U. S. Treasury issues bonds to pay for its debts but those bonds will not easily be refunded. Also, there is little likelihood the economy will expand to soak up any of that paper the government is printing through the Federal Reserve system. Inflation will show up sharply as soon as the economy starts to fully recover. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewHole tweets.)