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To: Toddsterpatriot
The Fed isn't the only factor in inflation. If they are successful, how does that make you a slave? How is the Fed making 3% a year off you? Show me.

Paying them for their currency that loses 3% per year (in a good year), and they do no work for us. We traded even steven currency for labor, services, and goods until they decided to throw in their ever-inflating fiat currency. Now we put our money in a bank and when we take it back out it's worth less than it was when we put it in because they sold fresh currency to dilute the currency that everyone already worked for. That's slavery. Now if they would come over and mow my yard, that might make up for it, but they don't do that.

327 posted on 12/31/2013 3:26:22 PM PST by Partisan Gunslinger
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To: Partisan Gunslinger
Paying them for their currency that loses 3% per year (in a good year)

You pay them for currency? How?

We traded even steven currency for labor, services, and goods until they decided to throw in their ever-inflating fiat currency.

Who is forcing you to hold this currency? How?

Now we put our money in a bank and when we take it back out it's worth less than it was when we put it in

That's awful! Who forces you to do that? How?

because they sold fresh currency to dilute the currency that everyone already worked for

You know there are fluctuations, even when the Fed doesn't "sell fresh currency", don't you?

That's slavery.

You're free to hold currency or not. Borrow currency or not. Lose to inflation or gain from it.

You're a slave to your ignorance.

331 posted on 12/31/2013 3:34:04 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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