Comment by downrightmike

Interest rates create more money, inflation makes more money worth less.

Spain was pretty poor in the 1600's inspite of new world gold and silver, because inflation made everything more expensive as supply of goods wasn't really increased, but money supply was.

in 2020, USA increased money supply by 20% of their all time supply. So inflation has to devalue the currency by at least that much to keep it balanced. Which is why they are distracting us with all the shit they are doing. and they are ignoring the real issue.