I am sure most of you remember the real inflation back when Carter was president. Since then the Fed has learned what a huge mistake that was and if you read financial news, keeping inflation low is always the first issue mentioned.
'Printing money' isn't the literal behavior that has occurred in the past, but the effect was the same.
Now the Fed understands the big picture 'money supply' and they do a good job managing it.
Please also keep in mid that Russia is a hige gold producer and all you do by going gold is change from the US Fed controlling the money supply to Russia!
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Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
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