Reason #4 – The devaluing of our currency is an economic and moral nightmare.To be clear, this is a graph of the amount of money that the Federal Reserve Bank has printed and is currently in circulation in the United States of America.
The Federal government has pumped so much cash into the economy over the past 6 months that it would seem altogether impossible for this action not to result in inflation, at best, or hyperinflation, at worst. Either outcome is harmful to American and its citizens and should be avoided by all means necessary. At this point, the question is how to begin reducing the amount of currency in circulation and the answer is one that the Federal government refuses to accept: let the free market correct itself and determine the true value of the dollar. While such action will undoubtedly lead to tougher times ahead, this correction is necessary to overcome the mistakes of our past and ensure that we are standing on solid financial ground in the future.
Here's the status as of today: