Doubling. It’s something that one can understand quickly. The Federal Reserve banks have doubled the number of dollars in just seven years – 2008 to 2015. That was three years faster than the previous doubling and seven years faster than the doubling before that. Inflation is picking up.
When there are twice as many dollars, than prices will be twice as much as they would have been had the quantity stayed the same. This is because the value of ANYTHING is based on supply and demand. When the supply doubles and demand is the same, then the value of the item is worth has as much; think of a glut in oranges and the price of oranges falls.
When prices double, that means your salary and savings are worth half as much as they would have been if Federal Reserve had not increased the quantity.