Forum Discussion
LindsayRichards
Mar 10, 2013Explorer
The Fed "printing money" in this context isn't the act of physically printing the money as you think, but the creation of it out of thin air $85 BILLION a month of USS Treasury notes and selling them on the market. If you had bought $100 worth of gold last year, you would have much more purchasing power now. Your $100 bill has much less purchasing power than it did a year ago. Sad but true.
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