There is a lot of misinformation about the causes of our economic woes in America. The new White House Chief of Staff gloated that the crises (plural) we face are opportunities to increase government control. Great! We've had increasing government control since 1913 when the Federal Reserve System was created and things get worse all the time! The purpose of the blog is to get people participating in the research concerning why things always seem to go against the little guy. It's time for us little guys to fight back and protect ourselves.
First things first, understand that inflation is theft by government. It's like adding water to your favorite soup. Keep adding water and pretty soon all the flavor is gone because there's too much water. It's the same with currency. If you add currency to an economy too fast, the purchasing power (soup) of the economy gets diluted (too much water) so that, finally, each individual has only a few molecules of soup in a lot of water. That's what drives prices up. The correct way to think of things is that the individual dollar buys less and less so it take more and more to get the same goods and services. Even the Federal Reserve System ("Fed" from now on) admits that the dollar has lost 96% of it's purchasing power since 1913. Well, who's been in control of the dollar? They have! Let's start with the position that they either don't have the control they want us to think they have (incompetent) or they are doing this deliberately (insidious). Question: do you want THEM to control the value of YOUR money? Stay tuned for more info.
Thursday, December 4, 2008
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So long as elites can play the money game with fractional reserves they can gain a fortune. Thus, the game will continue and the little guy, as you call him, will have little to say about it. Moreover, he will not likely know what has been eating him. The Federal Reserve system has been a scam since its inception.
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