Don’t Miss a Post. Subscribe now.

Government and the Power to Issue Fiat Currency Out of Thin Air

Here is an excellent video on fiat currencies by my friend Dominic Frisby at Frisby’s Bulls and Bears.

[youtube https://www.youtube.com/watch?v=hx16a72j__8?rel=0]

Bear in mind we are in credit based economy, and credit markets can override the Fed’s ability to create inflation, assuming of course a definition of inflation that encompasses credit.

Please see Yes Virginia, U.S. Back in Deflation; Inflation Scare Ends; Hyperinflationists Wrong Twice Over for a discussion.

Mike “Mish” Shedlock
Click Here To Scroll Thru My Recent Post List

Subscribe to MishTalk Email Alerts.

Subscribers get an email alert of each post as they happen. Read the ones you like and you can unsubscribe at any time.

This post originated on MishTalk.Com

Thanks for Tuning In!

Mish

Comments to this post are now closed.

Decorate Your Walls with Mish Fine Art Images

Click each image to view details or purchase in the store.

Stay Informed

Subscribe to MishTalk

You will receive all messages from this feed and they will be delivered by email.