'Experts' Say Fed Should Increase the Inflation Rate

By:  Art Thompson
10/28/2013
       
Federal Reserve Chairman Ben Bernanke Federal Reserve Chairman Ben Bernanke

JBS CEO Art Thompson's weekly news video update for Oct. 28 - Nov. 3, 2013.

In this week's analysis behind the news video, JBS CEO Art Thompson discusses how a recent New York Times article quotes various experts both inside and outside the Federal Reserve as to the need for the Fed to stimulate a higher inflation rate; how older dictionaries correctly define inflation as an undue expansion of a paper money and/or bank credit; how inflation was rampant on both sides of the U.S. Civil War; and how the actual rise in prices for most goods is much higher than the less than 2% annual increase in the Consumer Price Index as measured in August.

The JBS Weekly Member Update offers activism tips, new educational tools, upcoming events, and JBS perspective. Every Monday this e-newsletter will keep you informed on current action projects and offer insight into news events you won't hear from the mainstream media.
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