the system is good actually - absent shocks like lockdowns it maintains a target inflation rate of about 3% which only hurts idiots holding cash - doesn't affect people who have real assets whether it is land, real estate, stocks, commodities, gold etc.
if they stopped printing money there would be rapid DEFLATION with prices collapsing to almost zero.
actually they can print quite a lot of money with ZERO inflation but it is their GOAL to print EVEN MORE to have about 3% inflation - because that transfers wealth from idiots holding cash to everybody else, and as we know - it is immoral to let a sucker keep his money.
of course the transfer of wealth doesn't stop with just going from cash holders to asset holders but continues to pump wealth upward to banks and so on. but none of this is really the issue.
the issue is that people who ultimately get all the money use it to enslave us and bomb Palestinians. if that money was instead used for something beneficial like building roads i would be OK with it.
but they are dismantling existing roads instead and planting them over with trees to "fight climate change" ...
