Krugman calling for 3% inflation target… Fed realizing more rate hikes will break things… Guess what comes next? Infinite money printer go BRRRRRRR

Replies (6)

I remember first time I started using double entry accounting for my finances and my tutor told me just use equity accounts for your starting balances. At which point I said... this must be what the FED does when they need more funds. Pull from an equity account funds that never really existed in any form.... my guide said.. exactly.