Comments by "dixon pinfold" (@dixonpinfold2582) on "Fox News"
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Yes, she's certainly in on it. She's central to it. The Fed and the Treasury are now one thing, having effectively merged a couple of years ago. Together, with the approval or at the behest of two presidents, they decided to deflate the debt—indeed all debts, public, commercial and private—through inflation. It has been deliberate, and when Yellen called the prospect of it transitory, she was, uh, not being candid. You can't trigger inflation and then admit you're doing it.
Anyway I think it's probably the right thing for the country, given the alternatives, which would lead to worse impoverishment. It addresses the critical problem of the holes blown in balance sheets either by Covid and its effects, or greatly exacerbated by it.
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