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Moin Yahya - What Is Inflation Really?

The Curious Task

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Is the Federal Reserve a Mandate of Stable Prices?

When the federal reserve was founded, it wasn't there to supplant the gold originally. It was there to keep an orderly a on the financial system becausethere were ainy bank going on. The central banks are there for variety othes reasons. Overtime, a, panics, you now, financial panics usually because of wars. E necessitates more money by government, so they are trying to borrow money. And they camp borrow, so they l just want toprint money, or the there is a financial panic.

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