3/28/14

"The Government Inflation Scam"

"Argentina [Venezuela, Ukraine, Syria, etc... are] suffering the ravages of government debasement of the currency — i.e., inflation, the process by which government pays for its ever-increasing debts and bills by simply printing more paper currency. The expanded money supply results in a lower value of everyone’s money, which is reflected in the rising prices of the things that money buys.

...the government’s inflation of the money supply is causing economic chaos within Argentine society...

Are US gas and food prices high
because the Federal Reserve digitally printed six times as much money
than existed in 2000?

...last year prices in Argentina rose nearly 30%.

This year, they’re expected to increase by 45%.

...Why do governments finance their expenditures with inflation rather than simply by raising taxes?

For imposing Taxes on us without our Consent

The unanimous Declaration of the thirteen united States of America

...With taxes, everyone knows that the government’s the culprit because people can see that it’s a government agency that is collecting the taxes. With inflation, government can blame what is happening on the private sector, where prices are rising in response to the government’s continued debasement of the currency.

...They teach that it is greedy, rapacious people in the private sector, not the government, who are to blame for the rising prices brought on by inflation. They teach them that it is the job of the government to protect people from the greed and rapaciousness of the private sector by doing such things as imposing price controls on businessmen, sellers, and producers.

Inflation is one of the greatest government scams in history. The government inflates the money supply to pay for ever-increasing debts and expenditures. Prices of most everything naturally begin to rise in response to the debased value of the money. The government blames the rising prices on the private sector.

Through it all, government officials know exactly what they are doing. They know that it’s their central bank that is producing the problem by expanding the money supply.

...The officials know that they have to ...focus the blame on the private sector and the citizenry will immediately fall into line and see the government as their savior rather than the entity that is actually the cause of the problem..."

http://lfb.org/the-government-inflation-scam/

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