Reality Doug

Reality Doug says:

It's Monetized, Nationalized Debt Slavery

Inflation Tax

Fellow Americans, you and I are serfs of elite bankers, bureaucrats, and tycoons. As long as we collectively accept fiat inflation, government borrowing, and private bank credit the same as cash, it will be impossible for us to avoid becoming poorer. We are slowly being liquidated like the proverbial frog in the gently heated pot of water. The federation that was the United States plural gave way to the monolithic representative republic that made the United States singular is giving way to the Western international plutocracy that is the New World Order.

The Federal Reserve's target inflation rate is 2 percent. It's a pretty way to say that for those of you without government largess your economic means are slated to decline by 2 percent annually on average. (Decline calculation is: 1 - (1/1.02).) Your individual response of bigger, faster, stronger to a systemic manipulation only makes you a better rat. However hard you work, a measured amount of fiat money is created to take all economic growth plus 2 percent of the underlying or established wealth. From the Fed's online document The Federal Reserve System: Purposes & Functions, 9th edition, chapter 2, page 21:

Ordinarily, the rate of money growth sought over time would be equal to the rate of nominal GDP growth implied by the objective for inflation and the objective for growth in real GDP. For example, if the objective for inflation is 1 percent in a given year and the rate of growth in real GDP associated with achieving maximum employment is 3 percent, then the guideline for growth in the money stock would be 4 percent. However, the relation between the growth in money and the growth in nominal GDP, known as “velocity,” can vary, * * *.

By virtue of its real world accomplishments, the United States of America has been the greatest country in history. Nevertheless, people in America exploit their neighbors as do people anywhere. Slavery is all too natural because people want more than their individual productivities merit. Slavery in America has evolved from chattel slavery to wage slavery to slavery economics. Time for the red pill. We need to help each other. The solution has a natural team standard. What civic team do you want to be on?

Last updated 30 September 2013.