Yes, the Fed controls how much money is worth, ie the price level. They 'print' ... | Hacker News

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		eru 82 days ago \| parent \| context \| favorite \| on: Modeling land value taxes Yes, the Fed controls how much money is worth, ie the price level. They 'print' more or less money so that the change in the general price level (aka 'inflation') hits their target.

protocolture 82 days ago [–]

I really don't want to risk a ban but I am running out of polite things to say.

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