The Federal Reserve (nothing 'Federal' about it) has been 'printing' money since it started in 1913,that's why in 1913 20 Federal Reserve Notes could buy an ounce of Gold now it takes around 1300 of them to get the ounce.Heck of a coincidence that the economy suddenly took off in 1983 when the tax cuts cut in,biggest thing was that new equipment could be quickly depreciated company I worked for bought about a Million$ worth of equipment because of the tax break.BTW JFK did the same thing back in the early 60's.
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Today's Featured Article - Tractor Generators - by Chris Pratt. As a companion to the articles on three-brush and two-brush generators, it seemed fitting that we should provide our readers with a description of how a generator works in lay terms. The difficulty with all those "theory of operation" texts is that they border on principles of electricity or physics and such. Since I know nothing of either, you will have to put up with looking at the common sense side of how generators work which means we "
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