March 23rd is more than a normal day. A release from DownsizeDC serves as a reminder that today the Federal Reserve stops publishing a statistic known as M3 – the best information available on how much new currency is being created and held around the world. The release points out that “The Federal Reserve can create new dollars out of thin air. … When more dollars are created prices rise and the value of your savings fall.”
isn’t this sort of like what happened in weimar germany before hyper inflation?