We are talking about an awesome power. It is the power to weave illusions that appear real as long as they last. That is the very core of the Fed's power. Of course not everyone is instinctively against this illusion-weaving power, and many even welcome it. Tragically, the innocent who understand little about the complexity of the monetary system suffer the most, while those who are in the know reap great profit whether the market is going up or down.
I had the privilege of practicing medicine in the early '60s, before we had any government. It worked rather well, and there was nobody on the street suffering with no medical care.
Government spending is always a “tax” burden on the American people and is never equally or fairly distributed. The poor and low-middle income workers always suffer the most from the deceitful tax of inflation and borrowing.
If you drink too much, you go out and you harm to somebody, you have to suffer the consequences. Same way with health matters. You don't have the right to demand that someone else take care of you because of your habits.
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