If there ever was any doubt who the Fed works for, let it be known that it works for the bankers. If you want a reminder of this from today, please google "Fed terminates 2016 enforcement action against Goldman Sachs for confidential data misuse". They basically have a revolving door with GS. The Fed hires GS employees who then hire more GS employees; it works for both, just not for the people.
Dogoro777 : Preach brother.
baby boomers : "The government wants the freedom to continue to dilute the dollar and screw over the people."
Basically, yes.
"We the people see right through it."
So what? Do you think you are going to take the power of taxation away from the government?
Leoi : Inflation is a problem - in part caused by current monetary policy, and in larger part caused by current misguided fiscal policy, but there are other factors as well.
One additional factor? Misallocation of capital....which is what the original post was alluding to.