Blaming inflation on central banks? We enabled them

Bloomberg/Daniel Moss/7-31-2022

Comic Pogo we have met the enemy and he is us

“Let’s not forget to look in the mirror: Did [Fed] officials accrue too much influence and was society a willing accomplice, only too eager to confer that authority?”

USAGOLD note: If printing money in a crisis were put to vote, we would wager, it would pass by a respectable margin every time. It is only when the piper comes calling, as it has in recent months, that the majority objects.

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