– American Exceptionalism: Decelerating Population…

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http://www.brotherjohnf.com/american-exceptionalism-decelerating-population-growth-accelerating-money-growth/ – American Exceptionalism: Decelerating Population Growth, Accelerating Money Growth. —

zerohedge.com / by Tyler Durden / May 23, 2017 6:30 PM

Authored by Chris Hamilton via Econimica blog,

Since 1971, and the disconnection of the dollar from a finite gold backing, the value of money (the dollar) has been determined by it’s purchasing power versus the inflation of the assets to be purchased. Thus printing more money has not necessarily created “wealth” if the assets to be purchased are rising as fast or faster than the purchasing power of the “money”. The Fed touts it’s dual mandate of full employment and stable prices…but the result in prices; not so stable.

The primary global asset purchasable only in US dollars, crude oil, has told a story of wildly gyrating prices. Since the end of Bretton Woods and the subsequent Congressionally dual mandated roles bestowed on the Fed…crude oil prices have gone bezerk, twice climbing nearly 10x’s within a decade. This is the opposite of stable (particularly compared to the price stability from WWII’s end until the?Fed took over).

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–(Published @ May 24, 2017 at 12:30PM by www.bitcoins.am™ Instant Real-time Bitcoin News Aggregation Source- From: ) #bitcoinnews

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