I am sure most of you remember the real inflation back when Carter was president. Since then the Fed has learned what a huge mistake that was and if you read financial news, keeping inflation low is always the first issue mentioned.
'Printing money' isn't the literal behavior that has occurred in the past, but the effect was the same.
Now the Fed understands the big picture 'money supply' and they do a good job managing it.
Please also keep in mid that Russia is a hige gold producer and all you do by going gold is change from the US Fed controlling the money supply to Russia!
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Today's Featured Article - Identifying Tractor Smells - by Curtis Von Fange. We are continuing our series on learning to talk the language of our tractor. Since we can’t actually talk to our tractors, though some of the older sect of farmers might disagree, we use our five physical senses to observe and construe what our iron age friends are trying to tell us. We have already talked about some of the colors the unit might leave as clues to its well-being. Now we are going to use our noses to diagnose particular smells. ELECTRICAL SMELLS
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