re: #410 Dianna

Um…forgive me, but how does one “artificially block inflation”? Either inflation is cut off at the knees, or it’s not; money supply measures are either in balance, or they’re not.

Fed controls the interest rate, which banks lend to each other. They can most certainly manipulate this to an extent for a short period of time. Fed Chiefs have been doing it for a long time, whether they are inflation or deflation sensitive.