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