How do you inflate away the value of something that is valueless in the first place? Federal Reserve Notes are not federal, represent no monetary reserves and no longer conform to the definition of notes. Failing to state who, will pay what, when or to whom - they ceased to be legal tender notes, (offers of money) over 50 years ago. They are in fact instruments of legalized THEFT.
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Smart man...The Federal Reserve is neither Federal, nor does it have "reserves." They create money out of nothing and coerce with Big Government to enforce it as "legal tender." Unfortunately, it hurts the middle and lower class the most. We have to pay direct taxes and the hidden tax of inflation.