The Fed’s Legalized Counterfeiting Is Spiking Prices, Impoverishing You, and Enriching a Few

The New American: “If a person is ever charged with counterfeiting, he should tell the judge he was engaging in monetary policy,” quipped the late economist Walter E. Williams. This comes to mind when pondering the 21st-century government habit called “quantitative easing.” Most Americans have probably heard this term, but may not know that it amounts to weasel words. It’s a euphemism — something you say when you don’t want to say what you really