steady for a good 20 years now and the erosion is becoming far more visible nowadays in retrospect. Inflation is more the innocent bystander or better yet the scape goat for the real criminals at work in our economy. And frankly, our inflation is not that bad...it's actually a sign of how strong and resilient our economy really is, even in the face of all this insanity. I cant quite follow what you are saying. Warren said it required no faith. You are saying that if i have faith i would know it works differently and the guys at the fed could show me. Ie they are the experts in MMT? Are you saying that? Most MMTers are saying the feds are fools i think, BB being number one clown But you are saying you dont need faith because you already know. If you can explain how you know it might move this along a bit. But when you talk about out of nothing money are you talking about legal out of nothing or illegal? Are you saying i need faith the feds operate an illegal operation? I dont think you can be saying that, but I cant follow you as i said. Deficit spending impossible? Why? The government attracts savings from the public and spends them and the saving pubic get a newly issued safe alternative form of saving and the opportunity to earn more savings from government spending to enable the government to spend more money. You are