Thread: Why Freedom and Fiat Currency Can't Coexist.

July 18, 2009 at 21:03:31

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Why Freedom and Fiat Currency Can't Coexist.

by Carson Dugal Page 1 of 1 page(s)

www.opednews.com

There is a basic fundamental reason why freedom cannot flourish as long as people are allowed to create fake money.

Take a look at the way the hidden tax of inflation has warped our view of the world. The first chart is of the Consumer Price Index.



For years every raise that came, I thought I was getting ahead. Looking at this chart I can see I was sadly mistaken.

Take the stock market and the feeding frenzy there.

Over the years the news has said that because of this, or that, the market responded up or down. Never once did they tell us that it went up because the value of money went down because someone in the government decided to print money it didn't have, and deflated the value of the real hard-earned money people had in their pockets or in their savings accounts.



Now take for instance the new push by those that have no money wanting to redefine the health care system. The people that have money have done their best, despite the interference of others, to create the system we now have. We pay cash or use insurance. It has been brought about in large part with real hard earned money.

Those who don't have any money have started the presses rolling to get money to their front organizations to sell us on their new plan. The president says the new plan will cover every one. That will be quite a burden on those few left working to foot the bill, especially with open borders. It will be quite a score for those that run organizations like the Federal Reserve or those that owe their jobs to obedience to lobby groups or others.

Inflation created with fiat money is a hidden tax. Not only have we been burdened with all of the other taxes (businesses don't pay taxes they only pass them on to consumers) we have also been burdened with a lot of new rules.

Is it any wonder it is no longer profitable, to try and be profitable, and so many have left work and went home?


A concerned citizen.

The CPI chart was reprinted with permission.
http://oregonstate.edu/cla/polisci/faculty/sahr-robert



http://www.opednews.com/articles/Why...90718-542.html


P.S. If you could go to the link of the actual story and click on some of the social networking sites it may help get the word around.

Inflation created with fiat money is a hidden tax.

This basic reality does not care how much money you earn, rich or poor, inflation taxes all, yet hurts the poor the most. Afterall the rich can afford modest inflation. This also dictates minimum wage, thus a raise is not a raise, just more money to help offset inflation. One step forward, one step back.

For those poor folks who bought into Wonder Boy's lies, guess what? You have been snookered! Inflation is the tax that Wonder Boy neglected to tell you, you have to pay also!

(businesses don't pay taxes they only pass them on to consumers)

Darn the luck! Now we can't go after the corporations and make them pay their fair share of the taxes. If we tax them more the price of there products goes up til they are forced to go to another country and operate there with less tax burdens and then send their products back to America. There goes another job!

There is no free lunch, only a viscous circle. Reality stinks.

Great post StokeyBob.

Originally Posted by roundabout

Snip...

Great post StokeyBob.

Thanks roundabout. It means a lot to me. Your comment and this topic.

StokeyBob wrote,

Thanks roundabout. It means a lot to me. Your comment and this topic.

Your welcome StokeyBob, my pleasure. Simplicity and reality all rolled up in a nice neat post.

Our politicians, our medias, our secular public schools, have all failed to educate the public and inform them as to the realities of simple economics.

Your post needs to be shouted from the mountain tops, so that more Americans can learn the hard cold facts that our corrupt politicians, (either party) and with the help of our corrupt medias (pick one) continue to hoodwink the public into believing that a fiat currency, and voo-doo economics, are a part of a true capitalistic economy.

Now take for instance the new push by those that have no money wanting to redefine the health care system. The people that have money have done their best, despite the interference of others, to create the system we now have. We pay cash or use insurance. It has been brought about in large part with real hard earned money.

Now for the clincher,

Those who don't have any money have started the presses rolling to get money to their front organizations to sell us on their new plan. The president says the new plan will cover every one. That will be quite a burden on those few left working to foot the bill, especially with open borders. It will be quite a score for those that run organizations like the Federal Reserve or those that owe their jobs to obedience to lobby groups or others.

More debt to service the money supply,

[/quote] It will be quite a score for those that run organizations like the Federal Reserve or those that owe their jobs to obedience to lobby groups or others.

[quote]

Now take for instance the new push by those that have no money wanting to redefine the health care system. The people that have money have done their best, despite the interference of others, to create the system we now have. We pay cash or use insurance. It has been brought about in large part with real hard earned money.

Now for the clincher,

Those who don't have any money have started the presses rolling to get money to their front organizations to sell us on their new plan. The president says the new plan will cover every one. That will be quite a burden on those few left working to foot the bill, especially with open borders. It will be quite a score for those that run organizations like the Federal Reserve or those that owe their jobs to obedience to lobby groups or others.

More debt to service the money supply,

[/quote] It will be quite a score for those that run organizations like the Federal Reserve or those that owe their jobs to obedience to lobby groups or others.

[quote]