>>8763635 lb
Bottom line is the Fed controls how much money exists. And because it's just paper they print at will, not really backed by a hard and limited asset like gold, they can flood economies with the fake money to cause unmitigated inflation, which in turn devalues whatever wealth you've already accumulated personally. So you essentially get poorer by doing nothing. Hence, normie obsession with the stock market. You never have enough money with a fiat currency system, so you're always desperate to find a way to make more because muh retirement.