When governments finance deficits by having central bank create money there is every reason to expect inflation.

Replacing cash with a digital currency gives governments the ability to engage in “financial repression.”

Feeling the hangover from easy money.

All the bad monetary policy led to bad results.

Blame the Fed.

Some of them want to blame Putin. Or the pandemic. Or “corporate greed.”

Creating the conditions for another European fiscal crisis

The Federal Reserve has put the country in a bad situation.

It’s now crazy from both a theoretical and real-world perspective.

Reich still doesn’t understand economics.