4um: Money and inflation

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Title: Money and inflation
Source: YouTube
URL Source: http://www.youtube.com/watch?v=r0mOTJR_1Lo
Published: Jul 5, 2011
Author: Thomas Selgas
Post Date: 2013-07-21 23:16:10 by GreyLmist
Keywords: Money, Inflation, Labor Cost, Material Cost
Views: 102
Comments: 12

Description: A look at the insidiousness nature of inflation caused by the use of unconstitutional paper legal tender (Federal Reserve Bank Notes) rather than lawful money coin defined in Title 31 United States Code sec. 5112(a)(7)-(10) and (e).

Poster Comment:
inflation: "Why Play Leap Frog?" 1949 Harding College Economics Cartoon - YouTube

Description: Cold War-era cartoon aimed at convincing workers that increased productivity brings about greater purchasing power. Public domain film from the Library of Congress Prelinger Archive, slightly cropped to remove uneven edges, with the aspect ratio corrected, and mild video noise reduction applied.

This video basically suggests that the way to control inflation is to play Leap Frog faster -- keep increasing production as the way to lower the cost of products...depend on Exporting, maybe, to sustain that method. If Demand doesn't increase enough here or elsewhere for the extra Supply produced to lower the selling price, that's a possible business failure problem as a result of the overproduction and an increased unemployment problem -- not an inflation problem remedy, imo.
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#1. To: GreyLmist (#0)
Generally, the first vid is right on and the second on is pure propaganda in that it blames price increases on wage "inflation" not taking into account the feds increasing the money supply and the taxes taken. In the 100 years before the fed money supply (gold & silver) increased slower than productivity so wages were up and prices were down (at least relatively). In the 100 years since the fed the money supply has risen faster than production, the FRN has lost 98% of its value measured in prices, productivity is up and wages are falling.
The premise that I have to continually produce more to maintain purchasing power while the fed skims all the increases by charging interest on the increased money supply is obscene. Oh and unconstitutional.

Hmmmmm posted on 2013-07-22 0:55:25 ET Reply Untrace Trace Private Reply
#7. To: Hmmmmm (#1)
Generally, the first vid is right on and the second on is pure propaganda in that it blames price increases on wage "inflation" not taking into account the feds increasing the money supply and the taxes taken. In the 100 years before the fed money supply (gold & silver) increased slower than productivity so wages were up and prices were down (at least relatively). In the 100 years since the fed the money supply has risen faster than production, the FRN has lost 98% of its value measured in prices, productivity is up and wages are falling.
The premise that I have to continually produce more to maintain purchasing power while the fed skims all the increases by charging interest on the increased money supply is obscene. Oh and unconstitutional.

Bingo.
Wage Inflation is a myth invented by paid Keynesian whores to justify government intervention in the economy to support the Banksters.
Wages, in every objective study, lag behind inflation. Increased wages are a result of inflation not a cause. In inflation adjusted dollars the average working man or woman is now making LESS than they were in 1968. The inflation of the late 1970's was particularly brutal on the working person. It was good for the Banksters though. Wages never go up at the rate of inflation - except in Gubbermintland. Which of course explains why gubbermint jobs are so eagerly sought by many.
Inflation can be most simply summarized as "too many dollars chasing too few goods". That is when the supply of money in circulation is expanded at a rate greater than the production of new goods and services then each successive dollar is worth less because there are more dollars seeking to by the same quantity of goods. As a result each successive dollar produced is worth less. This is called the marginal value of money i.e., what each successive dollar is worth at, and beyond, the margin. It seems complex when you first read it but the concept is simple. Dollars are being printed at a rate greater than goods and services are being produced. So, you get too many dollars chasing too few goods.

Original_Intent posted on 2013-07-22 14:25:44 ET Reply Untrace Trace Private Reply
#8. To: Original_Intent (#7)
Wage Inflation is a myth invented by paid Keynesian whores to justify government intervention in the economy to support the Banksters.

It is deception though deflection: Blame the greedy worker for rising prices instead of the banksters printing the currency. I hope you can help Grey on her journey.

Hmmmmm posted on 2013-07-22 15:45:34 ET Reply Untrace Trace Private Reply
#9. To: Hmmmmm, noone222, Original_Intent, 4 (#8)
Hmmmmm to me at Post #6: Knowing what you now know, I cannot help you further as I am truly limited in the skills noted above. There is help here (noone for instance) and the internet is a big place.
Hmmmmm to Original_Intent at Post #8: I hope you can help Grey on her journey.

My hope is that we can all be of help to each other somehow on our journeys, each in our own way. What I know for sure is that everyone here has been a help to me on mine and I'm thankful to God for that. :)

GreyLmist posted on 2013-07-23 0:14:09 ET Reply Untrace Trace Private Reply
#10. To: GreyLmist (#9)
My hope is that we can all be of help to each other somehow on our journeys,

Here is my confession to you. As you recall I told you it was necessary to fundamentally change your perspective when viewing the dollar, money, inflation, the fed, etc. confident that anyone who had the capacity to do that with a rational, open mind would question or forsake their prior beliefs instilled through the education system, media and culture. Limiting the conspiracy to monetary policy it is simple (relative to what follows) to provide means, motive, and opportunity to the crime that is called the Federal Reserve Act and the continuing operations of the fed.
Having spent 1/2 my life in the company, and confidence of hustlers of all sizes it is especially easy to recognize their modus operandi of appealing to the emotions of greed, security, patriotism, et al. to fleece the flock. It is the way of the world, there is nothing new under the sun.
My confession is that the conspiracy is so much grander than we have discussed. So vast as to defy description, to be beyond belief, and yet it is undeniably and historically true. The theft of our country, our government our constitution our supremacy as the People (sovereigns). George Bush acting as president of the corporate US was absolutely correct when he stated "Don't tell me about the constitution, it's just a God damn piece of paper."
For this country to be stolen out from under the noses of its people in fifty years time and its ongoing operation for the next 100 years till this day under the color of law without rebellion is staggering to me.
In the 1860's we have a constitutional crisis evolves into a "cival war" that nobody wanted, brother against brother, 750,000 dead and by the end of reconstruction ALL Americans HAD LOST THEIR COUNTRY!
Words mean things, therefore changes in words mean things, no matter how subtle. I have spent days on end listening to and asking questions of people who have spent their life researching how this country was stolen from us. People that can rattle off names, dates, places, Acts, Code numbers, Etc. from documents ranging over the last 250 years off the top of their head. It is a story that must not be told, to be ridiculed, laughed at lest the sheep wake-up (fat chance of that happening). Click the link below to start scratching the surface.
www.usavsus.info/
Having this information and using are 2 different things most that use it IMHO die broke or in jail many get killed, There is 1 person on this site that is an exception, as far as I know he leads a successful happy life outside the corporate world.

Hmmmmm posted on 2013-07-24 19:14:11 ET Reply Untrace Trace Private Reply
#11. To: Hmmmmm (#10)
Thank you for your insightful assistance and for the usavsus.info link. There's a lot of useful info and tools there but the Corporate fiction column on the right is just astounding to me, as usual whenever I encounter that phantasmagorical philosophy:

It also reminds me of a slave ship...Benedict Arnold...that sort of thing. It's not that I don't appreciate being alerted to the "legal" pitfalls wrongfully devised by control freaks as if their false paradigm is more powerful than the Constitution. I do appreciate that guidance, which I think is generally well-intended, but if there's some additional directional purpose to the UCC Corporate Fiction angle besides prodding Patriots to genuflect in despair, I guess I'm missing the point. Don't know, either, what we're expected to do about it correctively other than play along and don't write our names in capital letters or just become Ex-Pats. Do you? How the new country of America forming a capital city of 10 mile square jurisdiction over a period of time ever turned into such a Stonehenge-like, megalithic mythos, I have no clue.

For this country to be stolen out from under the noses of its people in fifty years time and its ongoing operation for the next 100 years till this day under the color of law without rebellion is staggering to me.

Baffles me, as well. Here's a Cannon, though, that I got from a Lion recently at rumormillnews.com:
The Time Has Come

GreyLmist posted on 2013-07-25 7:30:31 ET (1 image) Reply Untrace Trace Private Reply
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