In your country the congress nominates the head of the Fed.
If you control who runs the Fed, you can theoretically control what the Fed will do.
If congress fails in it's oversight, that's another issue.
On a side note:
If money appreciates in value, why invest? Just sit on a pile of bills and live of it's increase in value...
SrRulao 2 years ago
Rate of inflation should keep up with the value of the dollar.
In a perfect economic system, the things a dollar buys today should be the same things a dollar buys a year later.
2SecSee4u 2 years ago
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In your country the congress nominates the head of the Fed.
If you control who runs the Fed, you can theoretically control what the Fed will do.
If congress fails in it's oversight, that's another issue.
On a side note:
If money appreciates in value, why invest? Just sit on a pile of bills and live of it's increase in value...
SrRulao 2 years ago
Rate of inflation should keep up with the value of the dollar.
In a perfect economic system, the things a dollar buys today should be the same things a dollar buys a year later.
2SecSee4u 2 years ago