Jan 20, 2011

Inflation: The Most Misunderstood Government TAX

Common Sense Commentary:

Inflation is not when prices on the shelf go up, but when the value of the dollars in your pocket go down and buy less.

The problem is not the "greedy" Store, which must compete, but the "out of control" Government which has no competition, printing too much new currency (Fiat money) out of thin air and giving it away.

Fiat Money is "paper currency" which has nothing behind it of value, gold or silver, guaranteeing it's worth.
Both gold and silver, which once guaranteed our U.S. currency, have been removed and all that's left is the government's "promise" and 2 cents worth of green paper. Fact: If they doubled every TAX PAYER'S TAXES, it would not even pay the interest on the Federal Debt. Good-bye American dream.

Why has the Federal Reserve Bank printed so much new Fiat cash ? To pay for all the "free stuff" and "free money" our politicians have given and promised to more than half of the American people, for doing nothing, and calling it "Entitlements"... but the TAX PAYERS will foot the bill, pay the price for generations to come.

What is the remedy ? It is too late to avoid the pain and loss of the dollar's demise, default of U.S. debt ... by repaying "good" dollars borrowed with new, worthless dollars. We are also losing the dollar's throne as THE ONE AND ONLY WORLD RESERVE CURRENCY which has prospered all U.S. citizens since 1944.

It is not too late to remove the politicians and Federal Reserve Bank System which are responsible for this National and now World-wide Catastrophe.

How ? Talk, give, pray & vote. Talk, give, pray & vote. Talk, give, pray & vote. That's what I'm doing now.

"And when money failed in the land of Egypt, and in the land of Canaan, all the Egyptians came unto Joseph, and said, give us bread: for why should we die in thy presence? for the money faileth." Genesis 47:15
Pass it on. RB

1 comment:

Peter David Orr said...

Wow! Excellent post.