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: 101
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
#2. 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.

Great points.

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.

Very succinct. :) I was trying to write something to explain the senselessness of the premise that we have to continually produce more to lower costs in order to maintain our purchasing power. When it's posted here, I'd appreciate your input and others on where I might be getting something wrong and what can be done in the non-governmental sector to curb inflation.

GreyLmist posted on 2013-07-22 2:06:53 ET Reply Untrace Trace Private Reply
#4. To: GreyLmist (#2)
I was trying to write something to explain the senselessness of the premise that we have to continually produce more to lower costs in order to maintain our purchasing power.

We are wired and taught how to think, to know what the norm is, everybody thinks the same because they want us to and we're all WRONG.
This might make you angry, they wouldn't teach you this at Harvard for $65,000 a year and not 1 in 1,000 know that:
COLA's, CPI are all rigged to an ever decreasing standard of living they call inflation. All bullshit.
The government needing tax dollars to function. Bullshit.
The prices of oil, steel, copper, food, housing, etc. rising. Bullshit.
Remember the other day when I told you you had to jump-in to see things clearly, well it's time.
We are taught to be dollar centric, to think of the dollar as a constant, the norm, it's not. Inflation is an increase in the currency supply not prices.
Rising prices in commodities do NOT reflect an increase in their value, it reflects a decrease in the value of the dollar. The only reason we haven't gone Zimbabwe or Argentina is that we use drugs, illegal aliens, and our military to enforce the export of inflation overseas.
Over 60% of our actual printed cash is abroad and 56% of our treasury bonds, a negotiable financial instrument. You talk about selling or buying oil for something other than dollars, we'll bomb your ass. You want to start a gold based currency, we'll bomb your ass. You don't have a Zionist controlled central bank to do our bidding, you guessed it, we'll bomb your ass.
Look for a chart and see how the value of the dollar has fallen against gold since 1933 or especially since 1972. All based on an ever increasing debt for which the dollars are created but not the dollars for the interest, think of a casino that drags each pot but has no new players, the games going to end someday.
I hope some of this makes sense.

Hmmmmm posted on 2013-07-22 6:20:59 ET Reply Untrace Trace Private Reply
#5. To: Hmmmmm (#4)
Over 60% of our actual printed cash is abroad and 56% of our treasury bonds, a negotiable financial instrument. You talk about selling or buying oil for something other than dollars, we'll bomb your ass. You want to start a gold based currency, we'll bomb your ass. You don't have a Zionist controlled central bank to do our bidding, you guessed it, we'll bomb your ass.

I remember what you said the other day and thanks for your very astute post. The inflation travesty makes no sense. Foreign aid, War and bases around the world are ways to get lots of FRNs exported into other countries faster than commercial trade. Then the FRNs come back here for foreign purchases of our businesses, infrastructures, land and housing. A money laundering scheme for the corrupt financiers to globalize and dispossess us through their agents is what it looks like to me. We need to build our own economy and financial system here -- to realize that there is almost nothing in the Gangsterized system that is salvageable and repairable quickly enough for us of what was our administrative facilities or were supposed to be ours. They've all been seized or ruined in a foreign takeover. We have the Constitution as our foundation to get us back to proper governance and a sound money system. The Military is not really theirs. It's our Military. If they want to keep paying our Military while we get situated, they don't have to do that so don't bill us and it's still our Military, not their "property".

GreyLmist posted on 2013-07-22 9:59:56 ET Reply Untrace Trace Private Reply
#6. To: GreyLmist (#5)
A money laundering scheme for the corrupt financiers to globalize and dispossess us through their agents is what it looks like to me. We need to build our own economy and financial system here -- to realize that there is almost nothing in the Gangsterized system that is salvageable and repairable quickly enough for us of what was our administrative facilities or were supposed to be ours. They've all been seized or ruined in a foreign takeover.

Give me control of a nations money supply, and I care not who makes it’s laws. Mater Amschel Rothschild, founder of the Rothschild banking dynasty.
Think of a monopoly game where there are people with guns enforcing the rules on all players except for you, you are the banker and may do as you please in secret. The possibilities are endless.
How do you get that kind of power?
What would you do to keep that kind of power?
Why do the other players keep playing?
Nothing can be done to fix the system using their FRN's. Jefferson said it:
"And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.> TJ
Hell the revolution was over control of the money.
Jackson said it:

And they tried to kill him.
In today's world they own the the banks the government the media the corporations and YOU!
As I told you, without a profound change in perspective it is impossible to even see the true problem. I was blessed having a few intelligent, articulate and very patient people (christine's husband was one of them) help me understand (change my perspective).
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 posted on 2013-07-22 14:09:22 ET Reply Untrace Trace Private Reply
#12. To: Hmmmmm (#6)
In today's world they own the the banks the government the media the corporations and YOU!

Great post and video.
Until the people understand what is money, and how it works; there's little hope for change.

Lod posted on 2013-07-25 9:19:03 ET Reply Untrace Trace Private Reply
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