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The Mystery of Inflation (Pocketbook Pain!)

Jimmy Akin's Mysterious World

CHAPTER

Is the Federal Reserve Really Responsible for Inflation?

In a free society, the government isn't in control of those independent decisions. So it's the government that's ultimately responsible for inflation. The federal reserve system was created by the us. Congress. Even if the fed controls the size of the money supply directly, it does so at the behest of congress and under the control of congress.

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