Inflation is fractional reserve banking and quantitative easing. - TopicsExpress

Inflation is fractional reserve banking and quantitative easing. Its only relation to wages is that when it slips far enough and devalues the currency wages tend to rise as a reaction to it. There arent enough minimum wage earners out there to cause inflation purely from a wage increase. A few million people making a dozen dollars (that they cant afford to save) is nothing compared to the trillions in circulation.

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