The maniacs at the Federal Reserve are working overtime to wreck your Thanksgiving feast.  What gives?

Raging price inflation – the worst since the 1970s – is a direct result of the Fed’s program of mass dollar debasement.  Specifically, the Fed has expanded its balance sheet by $5 trillion since September 2019.

This $5 trillion, remember, was created out of thin air.  No soil was overturned.  No widget was fabricated.  No technology was discovered.  The Fed made a ledger notation and the money magically appeared.

Yet all this printing press money from the Fed has a serious defect; there’s no production behind it.  And if you follow the money you find that much of the $5 trillion was loaned to the Treasury.  From there, this fake money was spent into the economy like real money…where it chases the price of goods and services higher.

The fake money cycles through the economy as if it were the real thing.  Grocers accept it.  Dog walkers too.  But the fake money represents no increase in actual wealth.  It merely pushes prices higher.  Unrestrained Fed money printing also sparked an epic supply chain crisis and rife shortages of consumer goods…and further price inflation. Continue reading →