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Letter: Infinite quantitative easing

Editor, Gazette-Journal:

In the winter of 2018, 80,000 Americans died from the flu; however, there was no panic. Businesses were not shut down and not a word from the media. Why?

Meanwhile, the president signed the most expensive piece of legislation in history into law, reputed to be $2.2 trillion, in supposed benefits and perks—but likely much more than $2.5 trillion. This comes at a time of record debt and trillion-dollar deficits for as far as the eye can see.

We are entering an era of what can described as Quantitative Easing to Infinity. It does not require a degree in economics to recognize that the abundance of any item or commodity has a direct bearing on the value of that item or commodity. Said differently, the current emphasis on currency creation will only result in greater inflationary pressures on the dollar, an already inflated fiat currency.

The likely outcome of the current rash of currency creation will be inflation on a scale that we have never experien...

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