Inflation is a lie and theft. It’s the government telling you that you can’t rely on the government to maintain the value of the currency, and because it devalues your money, the government is stealing from you. From Doug Casey at internationalman.com:
International Man: Whether it’s at the grocery store, the mall, restaurants, or airports—anywhere you turn—people are finding inferior goods and services at higher prices.
Living standards have taken a big step backward recently and are trending even worse.
What is really going on?
Doug Casey: There’s an inclination on the part of people to blame the producers of products—the butcher, the baker, and the gasoline maker—but that’s actually very silly, insofar as these people create real wealth.
They’re fighting the effects of government inflation, which doesn’t create anything but fiat currency and fiat credit, which is what actually takes the prices higher. In fact, inflation of the currency, which is to say an increase in the amount of purchasing media above the increase in real wealth. It’s what inflation is all about; it’s the State subtly stealing capital and wealth from individuals.
The big problem with the depreciation of the dollar is that producers are blamed as being the problem. They’re the solution to the problem in that they create real wealth. The real enemy here is the State and its central bank, the Fed.
International Man: How does inflation erode ethical standards, leading people to cut corners, lie, cheat, or even steal as they try to maintain their living standards?
Doug Casey: The prime directive of life is to survive, and entities, whether they be governments, corporations, or individuals. They will basically do whatever they have to do to survive.
Unfortunately, inflation is all about theft, subtle and hard to diagnose as it is, but theft breeds more theft.
Leaders of any organization, whether it be governments or corporations, set the moral tone. The average person may not understand much about economics, which is the study of how men produce and consume in order to survive, but they have an intuitive, even if not a technical, understanding of it.
Inflation, the theft of people’s wealth, eventually leads to revolution and overturning of society itself.
Breaking:
Putin gifted BRICS currency mockup and it is colorful AKA hard to counterfeit. (H/T-MY)
Many nations are on it in a circular theme.
You mean paying for a proxy WAR and every member of the 52nd state Ukraine’s government isn’t working out well?
Retarded Green Nude Eel Frankfurt School faculty lounge crack pipe visions don’t work in the real world?
No fracking and no drilling drive up prices, maybe someone wants it that way.
If only there was some way to vote on it.
Doom meister Snyder (H/T) has a good one about the foul mood out there under Jimmeh Carta (CPUSA) stagflation misery index Muriel boat lift times one million redux.
Says home sales are the lowest in 30 years.
Jellin’ Janet Yellen says the US taxpayer can cover the $7 trillion and gave thanks to Joe Joe for the IRS comrades who are ready to shake down and party.
Bro probably broke even on cookie cutter suburban subdivision sector White 38 sale, bought in 1996 built a year earlier.
He did use it as an ATM before the 2008 complete Bolshevik Bankster takeover where everyone Peter Principle FAILED upward with no consequences.
Saw a comment about Karens even stocking up at CostCo (Welcome, I love you) stating… just in case it all falls apart.
This just in from Blood Incantation:
The Stargate