Originally Posted by petegz28
How's that worked out? What has the consequence been of keeping rates low? Higher gas and food bills. The cost of living has gone up while incomes are not.
In other words, get rid of the hidden tax burden.
That's right, the expansion of the money supply acts like a hidden tax because the dollar buys less and less.
“Experience should teach us to be most on our guard to protect liberty when the Government’s purposes are beneficent. Men born to freedom are naturally alert to repel invasion of their liberty by evil-minded rulers. The greatest dangers to liberty lurk in insidious encroachment by men of zeal, well-meaning but without understanding.” — James Madison