When we devalue our currency aren't we actually increasing taxes on the poor who can least afford it?

Question by Foghorn Returns: When we devalue our currency aren't we actually increasing taxes on the poor who can least afford it?
Won't this force us to write more checks out of thin air to deposit them as reserves in banks. So they can give out more loans out of thin air. When will it all end and do we even have enough Reserves left in the FDIC to cover every single bank failure in our country. Remember all banks are now fully connected in an oligarchy.
William - Google fractional banking.


Best answer:
Answer by Chris BYUP!

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