Inflation, Taxation, Then Deflation Will Destroy Prosperity. Guaranteed

Inflation, Taxation, Then Deflation Will Destroy Prosperity. Guaranteed
Your financial analysis of the Fed and inflation is spot on. The Fed turns Treasury debt into money, and then expands the money supply from the debt with a multiplier effect based on reserve requirements, and the population ultimately funds it via inflation. The Fed, amongst other things, makes long term wars possible via its money from air financing of government debt.