And through it all he has played down the dangers

October 16 [Mon], 2017, 11:42
Bureau of Printing and Engraving recently reported it produced 6. It has changed the way it counts the unemployed to make unemployment look lower than it really is.How richly ironic, then, that the government has announced the cost to print dollar bills has climbed more than 50 percent since 2008.The U.S.S. But how much more evidence do they need before they stop deceiving themselves?Steve Stanek is a research fellow of The Heartland Institute and managing editor of FIRE Policy News."And, apparently, higher prices for our printers of paper money.I wonder what he's thinking now that even the cost to produce money has soared.No, I mean real money.

By money, I mean the kind we can hold in our hands and slip into and out of our wallets and purses, the kind that really is printed, not the magical money that exists only as a series of zeroes after whatever digits Bernanke puts into a computer for whichever banks he smiles on at the moment. He has seen big increases in the nation's Producer Price Index and a record high in the United Nations Food Price Index, up about 25 percent in the past year.Now that it takes more dollars for the government to print more dollars, do Bernanke and other government leaders finally see the inflation they've caused?Economist Mark Thornton of the Mises Institute sees it.

And through it all he has played down the dangers of inflation.4 billion currency notes last year at a cost of 9.Our national government has gone to great lengths over the years to deceive us. Money created out of thin air eventually works its way into the economy, and we have 'too much money chasing too few goods.' The result is higher prices for you and me. They have warned the flood of money would eventually cause the prices of goods and services to climb.Some economists have watched with a mix of horror and bemusement at the trillions of dollars the Federal Reserve has created since 2008