Still Using Federal Reserve Notes?(How to Beat Inflation)

"My people are destroyed for lack of knowledge."
How's that for representative government?
Hosea 4:6
"The one aim of these financiers is world control
This short article will address the topic of
by the creation of inextinguishable debts."
inflation, its causes, the effects thereof, and
--Henry Ford
how to safeguard against it.
Now you know what the dollar is.
Do not fall victim to inflation, i.e., the
This brings us to the underlying causes of
government manipulation of your money. Let me
inflation. Let us remember that the dollar is an
explain.
instrument of debt, i.e., a loan. As such, it must
I. What Causes Inflation
be repaid, and with interest. Where will the money
Have you ever heard of the Federal Reserve? Well
to the pay the interest come from,however, if the
then you know what causes inflation. The "Fed" is
principal itself never existed? Why, it must be
the engine of inflation, by self-admission. But
printed. The bankers are a clever lot, admittedly.
how can that be?, you ask. The "Fed" is a branch
The most important factor causing inflation then,
of the federal government, no?
is the interest charged by banks(the shareholders
It is not. It is neither federal, nor are there
of the "Fed"), the costs of which are then passed
any reserves - anywhere - to speak of. Time was,
along to consumers in the form of higher prices.
when the American dollar was indeed as good as
Inflation is, purely speaking, an inflation of the
gold, for it was actually backed by gold. These
money supply, as required simply to pay this
days, the dollar is no more than a three cent
interest. The money supply, or number of dollars,
piece of paper(the three cents includes the price
is inflated, or expanded, thereby reducing the
of ink), worth anything only because our
value of each and every individual dollar.
government says it is. This is to say, that the
Know that it is not, generally speaking, that
dollar has value due only to government's faith in
commodities are rising in price, but rather that
the people's ignorance, or, more accurately, the
the dollar is losing value. With every new dollar
people's ignorance of their government's lack of
that is printed, each pre-existing dollar loses
faith.
corresponding value. And when you have a dollar
The story of the Federal Reserve exemplefies this
that is worth less, naturally, it will take more
infidelity, the greatest fraud ever perpetrated on
of them to make your purchase.
the American people. Even the most cursory
Worse yet, because all our "dollars" are debts
investigation will reveal that the "Fed" is a
loaned into circulation, and with interest due,
private corporation, a "cabal" of bankers, if you
the more of them there are, the greater the impact
will. As with most corporations, it has
on inflation. In other words, inflation is not
shareholders - mostly foreign, in this case. This
only here to stay, it must, by definition, only
bears repeating: the controlling interest in the
get worse.
company known as the Federal Reserve is European.
Thusly, and seemingly, prices rise. In reality,
And I thought we won the Revolutionary War(!)
you are wanting more of the devalued dollars for
Let us pause here. My dear reader will agree
the same amount of goods. In the absence of a gold
that the aforementioned facts are cause for
standard, this is not only entirely possible, but
concern: of much import and gravitas, for you
encouraged.
academic types. For the rest of us, it is a matter
"In the absence of a gold standard, there is no
of everyday life, indeed, one of survival. Truth
way to protect savings from confiscation through
be told, and at the risk of sounding like a
inflation. There is no safe store of value. If
Democrat, it is getting harder. Let's clear the
there were, the goverment would have to make its
air, and get down to brass tacks. Does your salary
holding illegal, as was done in the case of
double every ten years? It had better, because the
gold... The financial policy of the welfare state
average price of a new car does. Clearly we are
require that there be now way for the owners of
dealing with inflation here, and clearly
wealth to protect themselves.
government-given figures regarding inflation are,
"This is the shabby secret of the welfare
well, underinflated. What is not as obvious is
statists' tirades against gold. Deficit spending
that there need not be inflation.
is simply a scheme for the 'hidden' confiscation
But first, a question: What is in your pocket at
of wealth. Gold stands in the way of this
this moment? Is it a one dollar bill?
insidious process. It stands as a protector of
Congratulations! You are one dollar in debt! Do
property rights."
you perhaps have a twenty? Then you are twenty
--(a younger and much more honest)AlanGreenspan:
dollars in debt. For this is all that the dollar
Gold and Economic Freedom
is, no more than an instrument of debt. It is
As we can see, inflation is a hidden tax, and
simply the federal government's obligation to the
like the income tax itself, is the interest we are
Federal Reserve, with you - the American people -
paying to the Federal Reserve. It is no
pledged as collateral.
coincidence that both the "Fed" and the IRS were
Observe the back of a cancelled check from the
created in the same year, just as it is no secret
IRS: it will often state, "Pay any Federal Reserve
that prior to that year, 1913, the income
Bank, for debts incurred by the US Gov't."
tax(along with property taxes, incidentally) were
It works like this: a)government needs money to
nonexistant. The constitution, in fact, strictly
operate; b)government borrows money from private
prohibits such a direct tax on income.(Where is
bank(Federal Reserve); c)private bank prints money
the ACLU on this?) The inescapable conclusion is
"out of thin air"!(This is known as fractional
that the more government spends, the more the
reserve banking, the discussion of which is beyond
Federal Reserve profits. It is for this reason
the scope of this article. But I urge the reader
that we have the welfare state we find ourselves
to conduct his own investigation.); d)since
oppressed by.
government gets its money from the people,
Did I mention that Alan Greenspan(titular head of
government issues legal tender("dollar"), in
the private company known as the Federal Reserve)
effect, "passing the buck"; e)ignorant American is
visits the White House on a weekly basis?
now forever enslaved by debt, owing Federal
Can you say conflict of interest?
Reserve what he thought was his own money.