'Newly printed dollars are being used to replace the capital losses of America's corporations. If it were possible to replace wealth simply by printing money, humanity would have eliminated poverty shortly after discovering the printing press. Instead, it always results in the same fate - destruction of the currency through the process of hyperinflation. The following chart using data from the Federal Reserve of St. Louis visually reveals just how extreme the latest measures from the US Federal Reserve have impacted the monetary base.'Read more...
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