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The Inflation Debate Rages On | Weekly Round Up

Inflection Point

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What's Happening in Japan?

The Federal Reserve and central banks are pressing the Skinner box to get people to spend money. Once you reinforce that interaction in, in an animal in a rat, it's very hard to unlearn that behavior. The creation of the Federal Reserve in 1913 started a series of events designed to strip the wealth from those who could not get debt or credit. So what do you do? You have an inflationary bias that increases the value of the assets that you buy with debt which strips away the wealth of the masses.

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