The Truth Behind the Reason the Fed Needs Inflation
Peggy Joseph got her 15 minutes of fame during the 2008 Presidential campaign when an interview she gave to a reporter went viral on the Internet. In the interview Joseph professed her support for then Senator Barack Obama because she believed Obama was going to make it easier for her to afford gas and her mortgage. Unfortunately, the high cost of living she was seeking relief from, was caused by the big government that both McCain and Obama were promising during the campaign. And unfortunately, most people are like her, in that they don’t understand why it’s getting more and more difficult for the middle class to make ends meet.
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