Quantitative easing ("money printing") by the Federal Reserve is a dangerous practice that has caused economic dislocation, specifically a shift from long term investment to short term speculation. Easy money policies by the Fed have already resulted in two disastrous bubbles (2000 and 2008) which should have taught the federal government a lesson. Surely we can look back to history and see where monetary debasement will ultimately lead. The ability of the Fed to engage in quantitative easing should be legislatively restricted to times of war, as defined by declaration of Congress.



