On: In Fed and Out, Many Now Think Inflation Helps

[Houshalter]

Where do you think cash goes if not into someone else's hand? It's like a game of hot potato constantly tossing it around to someone else so they hurt from it losing value, and not you. But in the end everyone handles it for some amount of time and gets burned the same amount.

[snowwrestler → Houshalter]

In the U.S., the Fed creates and destroys dollars to manage the inflation rate.