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PBS Frontline Misses the Fed’s Real Power to Destroy – Ep 716

    • The power to inflate is the power to destroy.
    • Fed ensures most Americans are living on the edge.
    • Quantitative Easing is just another word for government debt monetization.
    • We’re always just one bubble away from the next financial crisis.
    • Government creates a moral hazard with every subsidy it gets involved in.
    • Power is most dangerous when it’s not understood by those wielding it.

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