Still using federal reserve notes?(how to beat inflation)
"My people are destroyed for lack of knowledge." Hosea 4:6 This short article will address the topic of inflation, its causes, the effects thereof, and how to safeguard against it. Do not fall victim to inflation, i.e., the government manipulation of your money. Let me explain. I. What Causes Inflation Have you ever heard of the Federal Reserve? Well then you know what causes inflation. The "Fed" is the engine of inflation, by self-admission. But how can that be?, you ask. The "Fed" is a branch of the federal government, no? It is not. It is neither federal, nor are there any reserves - anywhere - to speak of. Time was, when the American dollar was indeed as good as gold, for it was actually backed by gold. These days, the dollar is no more than a three cent piece of paper(the three cents includes the price of ink), worth anything only because our government says it is. This is to say, that the dollar has value due only to government's faith in the people's ignorance, or, more accurately, the people's ignorance of their government's lack of faith. The story of the Federal Reserve exemplefies this infidelity, the greatest fraud ever perpetrated on the American people. Even the most cursory investigation will reveal that the "Fed" is a private corporation, a "cabal" of bankers, if you will. As with most corporations, it has shareholders - mostly foreign, in this case. This bears repeating: the controlling interest in the company known as the Federal Reserve is European. And I thought we won the Revolutionary War(!) Let us pause here. My dear reader will agree that the aforementioned facts are cause for concern: of much import and gravitas, for you academic types. For the rest of us, it is a matter of everyday life, indeed, one of survival. Truth be told, and at the risk of sounding like a Democrat, it is getting harder. Let's clear the air, and get down to brass tacks. Does your salary double every ten years? It had better, because the average price of a new car does. Clearly we are dealing with inflation here, and clearly government-given figures regarding inflation are, well, underinflated. What is not as obvious is that there need not be inflation. But first, a question: What is in your pocket at this moment? Is it a one dollar bill? Congratulations! You are one dollar in debt! Do you perhaps have a twenty? Then you are twenty dollars in debt. For this is all that the dollar is, no more than an instrument of debt. It is simply the federal government's obligation to the Federal Reserve, with you - the American people - pledged as collateral. Observe the back of a cancelled check from the IRS: it will often state, "Pay any Federal Reserve Bank, for debts incurred by the US Gov't." It works like this: a)government needs money to operate; b)government borrows money from private bank(Federal Reserve); c)private bank prints money "out of thin air"!(This is known as fractional reserve banking, the discussion of which is beyond the scope of this article. But I urge the reader to conduct his own investigation.); d)since government gets its money from the people, government issues legal tender("dollar"), in effect, "passing the buck"; e)ignorant American is now forever enslaved by debt, owing Federal Reserve what he thought was his own money. How's that for representative government? "The one aim of these financiers is world control by the creation of inextinguishable debts." --Henry Ford Now you know what the dollar is. This brings us to the underlying causes of inflation. Let us remember that the dollar is an instrument of debt, i.e., a loan. As such, it must be repaid, and with interest. Where will the money to the pay the interest come from,however, if the principal itself never existed? Why, it must be printed. The bankers are a clever lot, admittedly. The most important factor causing inflation then, is the interest charged by banks(the shareholders of the "Fed"), the costs of which are then passed along to consumers in the form of higher prices. Inflation is, purely speaking, an inflation of the money supply, as required simply to pay this interest. The money supply, or number of dollars, is inflated, or expanded, thereby reducing the value of each and every individual dollar. Know that it is not, generally speaking, that commodities are rising in price, but rather that the dollar is losing value. With every new dollar that is printed, each pre-existing dollar loses corresponding value. And when you have a dollar that is worth less, naturally, it will take more of them to make your purchase. Worse yet, because all our "dollars" are debts loaned into circulation, and with interest due, the more of them there are, the greater the impact on inflation. In other words, inflation is not only here to stay, it must, by definition, only get worse. Thusly, and seemingly, prices rise. In reality, you are wanting more of the devalued dollars for the same amount of goods. In the absence of a gold standard, this is not only entirely possible, but encouraged. "In the absence of a gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the goverment would have to make its holding illegal, as was done in the case of gold... The financial policy of the welfare state require that there be now way for the owners of wealth to protect themselves. "This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights." --(a younger and much more honest)AlanGreenspan: Gold and Economic Freedom As we can see, inflation is a hidden tax, and like the income tax itself, is the interest we are paying to the Federal Reserve. It is no coincidence that both the "Fed" and the IRS were created in the same year, just as it is no secret that prior to that year, 1913, the income tax(along with property taxes, incidentally) were nonexistant. The constitution, in fact, strictly prohibits such a direct tax on income.(Where is the ACLU on this?) The inescapable conclusion is that the more government spends, the more the Federal Reserve profits. It is for this reason that we have the welfare state we find ourselves oppressed by. Did I mention that Alan Greenspan(titular head of the private company known as the Federal Reserve) visits the White House on a weekly basis? Can you say conflict of interest? II. The Effects Meet John Public. John graduated from college in 1970, eager, prepared, ready and willing to enter the workforce. John did so, worked hard, and prospered. In accounting for his retirement, John figured that 40 years hence, he would need $100,000 in the bank. $100,000 in the bank, at %5 interest, John thinks to himself, will net me $5,000 a year, a modest, yes, yet comfortable, living. Fast-forward, if you will. It is now 2004. Remember John? John has worked hard, has played by the rules, has done all the right things. Our not-so-fictitious friend has married, and raised children. Six years 'til retirement, John thinks to himself. And John continues working. John retires, proud of the $100,000 he's saved. And John is all set. I will stop here. I wish to use this momentary pause to enlist the help of the reader. Email me, if you would, if you are receiving %5 interest on any of your accounts. Likewise, email me please, if you are subsisting on $5,000 a year. This would be of the greatest interest to me, and my readers alike, and I thank you in advance. John Public... what happened here? J.P. worked hard, did all the right things, and is now... living below the poverty line? Is it possible? How did this happen? Liberty and justice for all? What happened was that John was robbed. Inflation is counterfitting, and counterfitting is cheating, and it is the Federal Reserve itself that is cheating, under the guise of a duly-elected government. Harry Browne defines inflation as, "an increase in money substitutes above the stored stock of real money; the counterfiting of money receipts."(p. 372, You Can Profit From a Monetary Crisis, and How You Can Profit From the Coming Devaluation). III. What You Can Do "Give me control over a nation's currency and I care not who makes its laws." --Baron M.A. Rothschild "Whoever controls the money in any country is master of all its legislation and commerce." --President James Garfield Seems hopeless, I know. What can you do? When the people own the money, they control the government. When the goverment owns the money, it controls the people. Bernard's Law. There was a time in this, God's country, when you could visit your banker and exchange a 20 dollar bill for a 20 dollar gold piece,a coin containing nearly an ounce of gold. When was the last time you saw a 20 dollar gold piece? Happily, the solution is simple, and as American as apple pie. The answer is: good old-fashioned competition. A nonprofit orginization has introduced a competing currency, %100 backed and redeemable in gold and silver, as mandated by the Constitution. Below is their Declaration of Monetary Liberty. Sometimes in the course of events it becomes necessary for men and women of strong moral character to cast off the invisible economic chains of debt and taxation which bind them, and to form a more just monetary system. It is this common situation which inspired the National Organization for the Repeal of the Federal Reserve Act and the Internal Revenue Code(Norfed). We hold these truths as evident: -The Federal Reserve and the Income Tax were both created in the same year 1913. Neither are constitutional. -The Federal Reserve, by its own admission, is not "federal" nor has any "reserves". It is actually a private bank cartel that profits from enslaving the people with debt. -"A heavy preogressive or graduated income tax" is the Second Plank in the Communist Manifesto. -"Centralization of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly" is the Sixth Plank of the Communist Manifesto. -The American Revolution was not fought about taxes, but due to the oppressive British control over the money supply. The colonies propsered prior to losing that control. -According to John M. Keynes, inflation is a hidden tax that "only one man in a million is able to diagnose." $1.00 today buys what four cents did in 1913! -According to Lenin, "There is no surer way of overturning a society than to debauch the currency." He was referring to unlimited, un-backed government paper "money". -According to our government's own Grace Commission Report in 1984, "not one dime of your income taxes goes to run the government or fund any program." -According to researcher and author G. Edwards Griffin in his 1997 study of the Federal Reserve, 48% of our income taxes pays the interest on the national debt. -According to researcher and Peter Kershaw, the day is coming when 100% taxation will not even cover the interest payments. Beyond bankruptcy! -Federal Reserve "Notes" are IOU's that can not be nor ever will be paid. From the beginning of time, some have always sought to control others. Now "they" strive to control us with their valueless fiat currency. NORFED turns the tables on their modus operandi by putting people at the head of the line, where money is worth the most. Now we can privatize our money and profit by inroducing the Liberty Dollar. Now we can miraculously decentralize the monetary system with the simple Norfed solution which returns the ownership of the money to the people. There is no fiat currency, such as our dollar, that has ever survived, and not one that has not collapsed. Please understand what eliminating the "Fed" would accomplish: a)The elimination of the national debt... overnight. b)The elimination of the income tax... there would no longer be a need for it. c)An end to inflation. "I believe that if the people of this nation fully understood what Congress has done to them over the past 49 years, they would move on Washington, they would not wait for an election. It adds up to a preconceived plan to destroy the economic and social independence of the United States." -- Senator George W. Malone, speaking before Congress about the Federal Reserve Bank(1962)
For further information, see: http://www.geocities.com/stopinflation
Article Source: Messaggiamo.Com
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