On 5/13/2011 5:33 AM, Kevin Alfred Strom wrote:
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.

Price controls would never be effective if applied to American goods.

The controls would be enacted as tariffs on foreign goods to employ
Americans making American products.

The price controls would be on taxes, and eliminating/stopping them, as
well as government fees/licenses/fines/charges/etc.

The price controls would be regulations on government, banking, wall
street, etc. Since all of businesses costs would become stable,
business would only be called out on the rug when it raised the cost of
its' products ...

You don't attempt to capture the swine once it has escaped the barn, you
enact good controls on the barn so the swine can't escape.

Anything less ends up just being, "Steal the wealth from the old to pay
for the carrots to hang before the young."

Regards,
JS