Perception is reality and we have just come to accept the fact that over time prices for things go
up. Well, I’m here to tell you that we’ve been hoodwinked. Inflation is the most insidious tax of
all and the Fed with compliance from the Government is directly responsible for the exponential
rate of inflation that has plagued this country especially over the last 40 year.
Keep in mind that Inflation is not caused by rising prices. Rising prices are a symptom of
inflation. Inflation is caused by too much money in relation to goods and services. Inflation is
really the value of money going down simply because there is too much of it.
Our country has not always lived under a regime of perpetual inflation, rather on a historically
basis it’s a rather recent development. A development that really took off when the very last
checks and balances on the FED and our elected officials was destroyed. And that occurred in
1971 when Nixon took the dollar off the gold standard opening the doors to complete fiscal
madness. One of the FED’s stated objectives is to maintain a stable currency. I’d say they’ve
done one helluva great job since 1913 the dollar has lost 96% of its value with much of that
coming in the last 40 years.. 1 Dollar is now worth 4 cents.. well played parasites. #bitcoin