The Inflation Party is Just Getting Started

The job of the Federal Reserve is to take away the punchbowl when the party is just getting going. [Red Rock Secured Logo]( [inflation party]( The Inflation Party is Just Getting Started The job of the Federal Reserve is to take away the punchbowl when the party is just getting going. That was the description offered by Fed chairman William McChesney Martin in 1955. Since the Fed has only one trick – it prints money – Martin was saying that the Fed needs to reduce its “stimulus” printing before things get out of hand. While that advice sounds positively sober compared to the way the Fed has been spiking the monetary punchbowl these days, the truth is the Fed should never have been plying the economy with alcohol, that is goosing the economy by printing money to lower interest rates, to begin with. [Read More]( Interest rates are the price of money. Since all prices convey information about supply and demand, information that is vital to commerce, rates should not mislead, but should reflect real conditions of supply and demand. If rates rise, it tends to dampen excessive borrowing and dangerous speculation. Higher rates are just the signal needed to induce people to save money when it is needed. Then the growth of capital in turn allows rates to fall naturally, accurately reflecting supply and demand conditions. [Read Full Article]( EXCLUSIVE BENEFITS $10,000 in FREE Gold or Silver Anyone who completes an application today could receive up $10,000 in FREE gold or silver. [Open a Gold IRA]( No Fees for Life Red Rock may cover all custodial and management fees for the life of your account. [Open a Gold IRA]( Red Rock is showing their support by raising $10,000 for Breast Cancer Awareness. Please help us make a difference by donating today! [MAKE A DONATION]( [YouTube]( [Facebook]( [Twitter]( [LinkedIn]( Copyright © 2021 Red Rock Secured, All rights reserved. You are receiving this email because you opted in via our website. Our mailing address is: Red Rock Secured 898 N Pacific Coast HwyEl Segundo, CA 90245-2705 [Add us to your address book]( Want to change how you receive these emails? You can [update your preferences]( or [unsubscribe from this list](.