Seriously, where do these folks get their ideas from?
College?
Well, even the Reserve itself states that money is indeed created. Their own literature states this fact. In fact, the Reserve claims its purpose is to keep runaway inflation at bay. So, either this guy never read a single paragraph from any mainstream textbook on economics, or he’s a troll.
Yeah. But I have discovered that it is the duty of college professor to confuse the hell out their students. You have no idea how many time I have chuckled in class when a professor talks about ecnonomics.