Inflation is Back

Since the Federal Reserve can print unlimited money why don’t we ALL stop working and instead each one of us draw $10 billion a year from the government? On our present course, that’s where we’re headed. What will the consequences of eradicating work, production and the value of money be? What happens when productivity moves toward zero while demand for the good life skyrockets? Well, snowflakes?

 

Follow Dr. Hurd on Facebook. Search under “Michael Hurd” (Rehoboth Beach DE). Get up-to-the-minute postings, recommended articles and links, and engage in back-and-forth discussion with Dr. Hurd on topics of interest. Also follow Dr. Hurd on Twitter at @MichaelJHurd1, @DrHurd on Gab, drmichaelhurd on Instagram and @Drhurd on Parler.