A Note About Inflation

You are here

A Note About Inflation

Login or Create an Account

With a UCG.org account you will be able to save items to read and study later!

Sign In | Sign Up


By printing more dollars for the government's and central bankers' own purposes, the value of every dollar held by others is made less. In essence, the value of the dollars in your wallet is stolen by the government and Federal Reserve to use as they see fit. Of course, this means that dollars and other debt instruments held by foreign countries are also worth less—and if inflation is unabated, these nations will eventually tire of having so much stolen from them and will transfer their wealth somewhere more secure. (Of course, these other nations do the same with their own currencies.)