Gov't Is Getting Round Inflation By Lying. It's Working, too: No Food Riots in America. Why? 49 Million Americans On Food Stamps. Step Right Up, Folks...
“I’ve always believed that just as the dollar (the reserve dollar) has been the strength of the US, the dollar is also America’s Achilles’ heel. In a sane America which believes in spending within its means, the dollar with its reserve status is a symbol of strength. But in an America that runs up huge deficits and then pays off those deficits with dollars that it creates out of a computer, the fiat dollar becomes a source of extreme weakness.
“Everybody knows that the Federal Reserve is attempting to hold the US economy up by its bootstraps by printing ever-more fiat money. But in printing the money, the dollar is losing purchasing power by the day and by the hour. As the dollar buys less and less in terms of food and merchandise, inflation comes into the picture. But the government has found a way of circumventing the inflation problem. The way is called – lying. So far the process of lying has worked. There have been no food riots in America. And why should there be, when 44 million Americans are now using food stamps?”
REDUX?
Buying gold is good if the gov’t doesn’t outlaw it…
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