Central Banks Are Destroying What Was Left of Free Markets

“The Fed and other central banks are entering into a huge money-printing experiment in hopes of keeping the government-spending machine going at full speed forever. The unintended consequences will be highly destructive.”

Those receiving subsidies and loan guarantees are no doubt grateful, though they probably see it as the government’s duty and their right. But someone has to pay for it. In the past, the redistribution of wealth through taxes meant that the haves were taxed to give financial support to the have-nots, at least that was the story. Today, through monetary debasement nearly everyone benefits from monetary redistribution.”

https://mises.org/wire/central-banks-are-destroying-what-was-left-free-markets

SEE:

Nehemiah: The king and his nobles (cronies) extracting from the people through debased silver