"Blouge, please spare us the conspiracy talk. Take it to the politics board." - Shadowman1980
The Fed fixes the price of loanable funds (the interest rate). Fixing the price of economic goods leads to gluts and shortages. One example of a glut is a $1 trillion student loan bubble. I don't see the conspiracy or politics here. Just economics 101 and economics facts.
"I don't have time to deal with someone who cites shadowstats.com and the Mises Institute as valid and authoritative economics info." - Shadowman1980
What's wrong with the True Money Supply? I welcome you to do your calculation using Federal reserve M1. I doubt it will be much different than mine using TMS. No one disputes that the quantity of money keeps increasing. M1 and TMS are only slightly different in how dollars are counted.
Instead of smearing other's arguments as non-"authoritative" or "conspiracy", please contribute to the discussion in a constructive way.
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