Saturday, May 30, 2009

No inflation, Ha!

Greetings good citizen,

As you ought to know by now, I am troubled good citizen. The dollar has once again started its downhill run, which should surprise no one.

What troubles me good citizen is how some very respectable names in the field of economics are in denial that printing money causes inflation…whether it circulates or not!

Why? Because printing new money ‘dilutes’ the value of existing money. The same thing occurs when a company issues ‘more’ stock, it dilutes the value of the stock already issued/sold.

So when you print up money that has no ‘corresponding new wealth’ backing it up, all money of that kind in existence becomes um, less valuable.

This reduces purchasing power meaning it take more money to purchase the same quantity of goods…whether the ‘newly printed money’ sits in a bank vault or if it is circulating through the economy

This is why a dollar in 1913 is only worth 3 cents today…because there is more money in circulation today without a corresponding increase in the wealth necessary to support its value.

Strangely, both dollar bills will (still) get you a hundred pennies, the difference lies in what those hundred pennies will buy you.

In 1913 those hundred pennies would get you a hundred gumballs, today it will get you four.

So what do you think 18 trillion ‘new’ dollars are going to do to your ‘purchasing power’?

Notice the ‘price at the pump’ lately? Miles driven have fallen for 16 straight months yet the price of gasoline is rising…what do YOU suppose is causing that?

How about the cost of a box of pasta? It’s not so long ago that pasta was four boxes for a dollar, now it’s a buck a box! What was that again about ‘deflation’?

You are, sadly, dealing with a pack of lying, cheating scum…and there ain’t a fucking thing you can do about it!

Because, bizarrely, the good for nothing government won’t prosecute these thieves…because the government is ‘in cahoots’ with these thieves!

Prices go up, you’re handed a line of BS about some kind of shortage and the next thing you know, you are working for less! Which is to say you are getting paid the same but it buys less…and there isn’t anything you can do about that either!

Well, actually, there is something you can do but you can’t do it alone.

Not that you are alone in having your pocket picked.

Better, we are a ‘species’ of ‘joiners’…even if that trait has been surpressed lately. In times of trouble ‘joining’ an organization intended to combat the problem becomes very attractive…but the organization MUST be effective!

The organizations of the past faded away when they became, um, useless wastes of time and effort.

Looking at our present situation, there could hardly be a better time to form a network of ‘committees of correspondence’…just like they did during the original revolution.

It all starts with organization, communicating ideas across the entire nation to create a network of resistance to the criminal acts being forced upon us without our consent.

Together we can fix this mess.

Thanks for letting me inside your head,



If starting a committee of correspondence is appealing to you, hit the ‘follow’ button on this blog.

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