That response sounds about right to me💯
https://youtu.be/DlPyO0ar4Kg?t=170&si=pv8K6kiZTUk78OLS
Federal Reserve Chair Neil Kashkari says to bring prices back down on the whole economy, we would basically need an economy that is shrinking.
Responding to a Fed spokesman:
It's deeply misguided—and frankly deceptive—to measure the health of the economy solely by how much currency is circulating, rather than by how much real wealth is being created. By focusing on the volume of currency in circulation, you're prioritizing inflationary practices over true economic productivity. This approach fails to account for the actual value being generated by innovation, labor, and goods, and instead props up a false economy built on excessive money supply.
In essence, you're measuring counterfeit wealth—money printed or created out of thin air—rather than the genuine prosperity of the people. When prices come down and excess money supply is removed, that's not economic shrinkage; it's the system self-correcting, purging the inflationary rot that has been artificially injected. Ignoring real wealth creation to celebrate mere currency flow is a sleight of hand that only serves to mask the deeper problems of an economy bloated with fiat and debt.
To put it bluntly, you're perpetuating a con—one that prioritizes financial illusion over tangible prosperity.
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