On 5/12/2011 6:58 PM, John Smith wrote:
[...]

Remember before the 1970's when price controls where in effect,
prices remained stable and inflation was 0%?

Grandmas' and grandpas' retirement would carry them to their end
days, leaving enough for an inheritance to family and friends?

That is what inflation is all about, stealing from grandma and
grandpa to pay the new workers, so the rich/elite/tax-sheltered
don't have to contribute!

Regards,
JS



Much of what you say is true.

But price controls don't stop inflation. They just prevent
businesses from compensating for inflation. Under price controls,
Grandmoms and Grandpops AND business owners are victims of theft by
the bankers. And the idea that Big Brother should control the prices
of private transactions is anathema to anyone who treasures freedom.

Inflation is not "an increase in prices." Inflation _causes_ an
increase in prices.

Inflation is a relative increase of the money supply. That increase
can only be caused by 1) government, 2) banks, or 3) counterfeiters.

There should be no inflation. There is no reason whatever that the
dollar could not be a fixed and honest measure, like the mile or the
ounce or the minute.

The real reason it is not an honest measure is because bankers and
vote-buying politicians like to create money out of thin air. _That_
is inflation. That is what steals the savings of the thrifty and
forces us to work our entire lives to pay usury to the bankers, who
have a license to create money out of nothing and do _nothing_
productive to earn their huge profits.

Read C.H. Douglas, _Social Credit_, if you want to understand what
is really going on.


With all good wishes,


Kevin Alfred Strom.
--
http://nationalvanguard.org/
http://kevinalfredstrom.com/