Inflation Did What?
Let me give you an analogy I just read in Ron Paul's new book "Revolution - A Manifesto" that will permit you to easily understand inflation. You baseball fans know how valuable Mickie Mantel baseball cards are. Suppose I found an unknown stash of 1 million Mickie Mantel baseball cards. So I get on Ebay and announce that I have 1 million authentic Mickie Mantel baseball cards for sale. Do you think this would drive up the value of that Mickie Mantel baseball card in your collection or make it worth less? Naturally the demand for Mickie Mantel Baseball cards has remained the same but the supply of cards has increased by 1 million. So each card everywhere is now less valuable. In fact, at some point, inject enough Mickie Mantel cards into the marketplace and they would become worthless. Money is the same. Print up enough, cram it into the economy and watch it's value drop until it is worthless. That is happening to the dollar right now and from historical experience a currency can collapse virtually overnight if it is hyper inflated like the Federal Reserve is doing now. The truth is the government is giving our money a mickey.
The government claims inflation is easing by concentrating on the price of commodities they wish to measure and in peculiar ways where an increase in gas prices is called a decline. However, inflation is simply printing up too much money - period! So these official government liars know exactly how much money they flood into our economy everyday. Besides not telling us this figure these liars don't even want you silly Americans to comprehend what inflation really is. The mass media shills do their damnest to confuse the issue as well.
But you knuckleheads keep believing these liars, scoundrels and thieves. I will keep telling the truth hoping one day I might break through the MSM BS.
3 Comments:
How many more lies do these scoundrels have to tell you before you wonder if I might be telling you the truth?
Tomás, do you really expect people who vehemently and loudly proclaim on national TV, radio, printed media, the many sites of the Internet's World Wide Web, etc., that the 1st amendment gives them a right to say whatever they want without consequence and that the 2nd amendment relates to hunters' and sportsmen's rights to really get it?
C'mon now, the powers that be, have already managed to dumb down the population to the level that was desired, I was shocked to see how easy exams are in this country when I arrived in the 1970s, multiple choice creates multiple functional illiteracy, thre's no need to explain the rationale that led the taker to the questions' resolutions, thereby eliminating critical thinking and its companions, ingenuity, inventiveness, intellectual thought process, et al. "Social Promotion" became the norm in a plurality of public school systems, we are reaping what has been sowed.
P.S. You have a spammer posting comments on Thursday's post, block his IP.
Student learn to pick not think.
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