#inflation #qe #fiatcurrency #debasement #silver #gold #reis #portugal #brazil #economy #markets #federalreserve
Today we will touch upon inflation and how what the Fed is is doing today is no different than what kings used to do.
We will look at how a Fed economist, Michael T. Kiley, has called for another $6 trillion in QE or money printing and we will also look back 200 years to see how the King of Portugal, Brazil and the Algarves inflated the money supply.
Pandemic Recession Dynamics: The Role of Monetary Policy in
Shifting a U-Shaped Recession to a V-Shaped Rebound by Michael T. Kiley: https://www.federalreserve.gov/econres/feds/files/2020083pap.pdf
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