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The Fed could certainly encourage more price inflation if it wanted to. But it seems the real goal is not steady inflation, but support for the financial sector.
Thomas Sowell has explained that while "Marx may have explicitly advocated the idea of a democratic worker's government, his own personal style was dictatorial, manipulative, and intolerant."
When Vikings robbed their victims, they often called the booty gjald (debt) as if the stolen goods were repayment for a service provided by the robbers.
