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Message:: [QUOTE="InfleXion, post: 1210368, member: 29012"]I'm not in disagreement with you Cloud. The USD has lost 98% of its purchasing power in the 98 years up to this point, and it's been accelerating. What I meant to say was that going forward what the Treasury is doing will constitute a greater confiscation of wealth, but only when comparing the volume of bonds to dollars in circulation. I don't think they would have taken such a path if the Fed never exerted their influence in the first place. On the surface it's the politicians who gave all our tax dollars to the TBTF's and ran up the deficit that are directly responsible for this situation which leaves the Fed little choice on interest rates, but if you look at the common names between the TBTF's and our elected officials it's pretty apparent that they're symbiotic. I believe the Fed is enabling and proactively aiding this scenario by setting up a system in which the wealth is consolidated in the hands of a minority as I've mentioned in other posts relating to fractional reserve banking and interest, but I don't view it as the core source. The agenda of those at or near the source is not difficult information to find, and is a big reason why I am so bullish on metals. "Give me control of a nation's money supply, and I care not who makes its laws."[/QUOTE]