Posted on 02/10/2022 6:58:12 AM PST by Kaslin
As the average American wakes up from their slumber, feeling like they’re in Venezuela, know you aren’t alone. Our ruling class has spent decades getting high off our money supply while the rest of us worked to survive. We woke up to inflation nation, and before I go any further, I want to make sure we don’t lose sight of what inflation means.
By definition, inflation is an increase in the money supply. We hear inflation used to describe rising prices, but I want to clarify what it means. When used as a term to describe an increase in prices, our corrupt politicians like to blame “greedy” business practices. No, no, no. We aren’t letting politicians off the hook. Too much liquidity paired with a service economy that doesn’t produce goods, instead of importing them since we ship our jobs overseas, has our hard-earned money losing value daily. The average American makes less today than last year every time they head into work.
Our ruling class is driving America to the brink of collapse. The 2008 financial crisis will look like a walk in the park compared to where we are heading. Instead of allowing our economy to recover, politicians and the Fed decided to continue to flood the economy with cheap money instead of coming clean with the American people. The coming crash will devastate our country.
Politicians refuse to stop feeding at the trough, instead likely crashing the U.S. dollar. It is hard to believe that such recklessness is simply due to incompetence. It seems more of a concerted effort between ruling elites to crash the dollar and give rise to another form of fiat currency. While the U.S. continues to decline and bow down to the Chinese Communist Party, the rise of a new global power and a new world order seems imminent.
People are flocking to cryptocurrency, gold, and real assets as they try to salvage the value of the dollars they have. During this time of massive instability and uncertainty, I urge readers to look up different options that might make sense for them.
The genuinely moral crime is the devastation we have bestowed on future generations. Most mainstream economists and political pundits talk about finance and economies in convoluted terms to scare the average person into digging in too deep. Precisely our disinterest in understanding what the monetary policy our leaders engaged in has gotten us to where we are now. Citizens must be active participants in our country’s future.
That means we ought to start caring about who we elect and do our due diligence to understand economic and public policy. There is a worker revolt happening worldwide for those who are sick of the status quo and ready to shake up the corrupt system.
Representing NV01 in Congress will be the honor of a lifetime. I have worked shoulder to shoulder with those I am running to represent, and their futures will be at the forefront of my mind while I fight every day against those who want to radically transform our nation.
The era of the worker, the outsider, and those who don’t belong has arrived. America’s political landscape is changing. I look forward to fighting for legislation that will answer to the people and empower them. My priority is to audit the Federal Reserve Bank, fire Fauci, get to the bottom of Nov 3rd, and build the wall. Our leaders have destroyed our families and future generations with careless policies, and our people deserve honesty and solutions.
Carolina Serrano led the Latinos For Trump outreach effort for President Donald J. Trump in Nevada and is now running for US Congress in Nevada’s First Congressional District.
Yep... It is the loss of “purchasing power” and why we need to go back to the gold standard. It was stable, an once of gold will buy the same value amount of goods now as it would have in ancient Rome.
And the majority of the people that made it happen will be sent back to DC to do it some more, regretfully.
With respect, I don’t believe that that is the case. An ounce of gold, today, would buy vastly more than in the days of Rome.
I would be a deflationary currency which would oppose economic growth, which is why it is not used.
You are correct that gold is more “stable”. It is also part of the value of the dollar, despite the author’s simple-minded insistence that it is all “money supply”. I’m not sure what is left in Fort Knox, but the government has been emptying it out since the ‘80s to try to prop up the dollar.
At least, that is my understanding.
“Looted” is past tense. They’re actively looting every day.
“Looted” is past tense. They’re actively looting every day.
/\
Exactly.
The real spelling of loiter is
Federal
Reserve.
Andy Jackson knew the danger of a private central bank issuing fiat currency at interest.
He had read what Thomas Jefferson said
“”If the American people ever allow
private banks
to control the issue of their currency, first by inflation, then by deflation,
the banks and corporations that will grow up around them
will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...
. I believe that banking institutions are more dangerous to our liberties than standing armies...
. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
.
The army of this Enemy will be the instrument to deliver the final coup de grâce to the USA when she has been made sufficiently vulnerable.
Until then, there will be no open hostilities. The American People will be duped into believing that the Enemy is benign, peace seeking, and their friend.
However secret agents will already have separated America from her allies and conducted a variety of clandestine activities against her. They are already at work in America. They have been for a long time. The Enemy is encouraged by their astonishing successes.
Among the missions of these secret agents are the spreading of false rumors and misleading information, the corruption and subversion of officials, the creation and exacerbation of internal discord, and nurturing Fifth Columns.
False rumors and misleading information are already spread throughout America and the world all through each day. The American news media, academic institutions, private US citizens, corrupted politicians and other government agents, either wittingly or without understanding how they are being used, spread this propaganda.
Officials at all levels of government in America have already been corrupted.
Internal discord has already destabilized America and confused the American People. The depth and extent of this have shocked the world.
Millions of Americans, either wittingly or without understanding how they are being used, are serving already as a Fifth Column, condemning the USA, encouraging her destruction, attacking all her most venerable institutions, corrupting government officials and their agents, sabotaging her economy, praising all attacks on her, and undermining the American Dream.
Spies at all levels are constantly ascertaining, for the Enemy, the condition of the USA and the American People. On their reports, plans for a final, ultimate, victorious conquest of the USA and the American People are being made.
A victorious enemy army will attack only when the USA and the American People are sufficiently demoralized and already defeated and victory is assured. It is then that the Americans who have been oblivious to what's going on will awaken to a horrifying reality.
To conquer America as nearly intact as possible is the objective.
The prerequisite to victory is to make proper preparations within America so that victory will already have been decided when the Americans wake up to reality and realize what's been going on.
This strategy for triumph has been known for many centuries. It still works. It's straight out of Sun Tzu: The Art of War
However millions of Americans are too confused, too deep in denial, too brainwashed, or too stupid to see the obvious when it is right before them.
We will all pay a heavy price for this folly.
We will all pay a heavy price for this folly.
And they both knew this
.
Permit me to issue and control the money of a nation, and I care not who makes its laws! Attributed to Mayer Amschel Rothschild (1744–1812)
It’s sustained government policy.
The bankers that really matter live off of the churn, always taking full advantage of the window in time between creating fiat currency and the lagging inflation it causes.
But beyond simply living off of the churn like many lesser bankers they profit when their customers abuse credit and never pay more off than they have to … only where the lesser bankers may have to live on ordinary people abusing credit the bankers that really matter are enabling fools in high office with access to the public trough.
The US “government” loots its citizens with banksters, pretending to be bankers, exercising fractional reserve banking to keep us in debt in perpetuity with a FIAT currency managed by the FED and enforced by the IMF/UN run IRS.
Instead their indigenous populations insolently overrun our borders and colonize what is left of the U.S. Now they preach down to us and their own Latino constituencies and are going to do to the U.S. Congress what their kids have been doing to our school rooms and emergency rooms for the past twenty five years.
Thanks to these locusts your children go to overcrowded schools with kids who don't speak English, the emergency rooms at hospitals are jam-packed with Latinos with three and four kids each, and roving Spanish interpreters with their own PA systems cater to them as they wait for medical services.
And you now have to wait five weeks to get in to see your own doctor. But the powers that be remind you on every phone call you make that all of this societal breakdown and overburdening is due to the Pandemic and Covid-19. Every system and process in the U.S. these people get their hands on turns to trash. It's what locusts do best.
Only 271 more days until the mid-term elections! It’s coming fast. Look for the October surprise to come early this year.
“With respect, I don’t believe that that is the case. An ounce of gold, today, would buy vastly more than in the days of Rome.”
Not really because you cannot go by the zeros. Lot of zeros in 2,000 dollars, but what is each dollar worth in purchasing power? Not what it used to be and why more zeros need to be added and why you need more of them to buy the same amount of goods.
Here is how to look at it. In ancient Rome a nice horse would cost one once of gold. In the 1800s a same quality horse would cost you $20, one ounce of gold. Right now a nice horse of same quality will cost you 2,000 dollars... One once of gold. The purchasing power of gold has not changed, the purchasing power of the dollar has dropped.
So currency backed by gold remains as stable as the value of gold does in purchasing power. You have to ignore the zeros, they are superficial. When we were still on the gold standard my Dad bought a brand new car for $3,600. That same equal value of car would cost $36,000 now. Not because the car is worth more, but because the dollar is worth less than it should be.
I wish I could disagree with you. Well said.
But it is all too clear, all too obvious.
God help us! You are our only hope.
Inflation is another Biden/Harris tax.
Or simply put.... devaluing the dollar.
What’s it worth now, about.08 cents?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.