We Are On Inflation Watch 24/7 For The Nastiest Megatrend This Country Has Ever Witnessed -
The Death of 1000 Cuts To Our Own Nation... We Have Not Seen Deflation for Over 60 Years...
Why is this Happening??? Who Is Responsible For This Economicly Destructive "Hidden Tax"???
Imagine yourselves as an 80 year old or older living when bread was 5¢/loaf... Now, some bread is $5/loaf!!!
Did Their Income Go Up 100 Fold??? Absolutely NOT!!!
The Inflation Nation i-Board seeks to provide critical analysis and ongoing informational & educational tools
to help one to understand currency devaluation/debauchery & inflationary pressure....
All comments are welcome!!!
We Report, You Decide...
"There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction and does it in a manner which not one man in a million is able to diagnose."
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"We are in danger of being overwhelmed with irredeemable paper, mere paper, representing gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people."
- Lord John Maynard Keynes (1883-1946),
Renowned British Economist.
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- Daniel Webster (1833)
US Senator & Secretary of State
Recommended Informational Reading:
Where Keynes Went Wrong:
And Why World Governments Keep Creating Inflation, Bubbles, and Busts
by Hunter Lewis
How About This Stunning Figure Representing
Our Nation's Continuously Rising Debt:
Imagine these good old days revisited... anyone remember?
This manmade tsunami affects every man, woman & child around the globe...
"The real price of every thing, what every thing really costs to the man who wants to acquire it, is the toil and trouble of acquiring it... But though labour be the real measure of the exchangeable value of all commodities, it is not that by which their value is commonly estimated... Every commodity, besides, is more frequently exchanged for, and thereby compared with, other commodities than with labour." - Adam Smith, The Wealth of Nations, 1776
A must visit site: http://www.measuringworth.com/ppowerus/
The US Dollar Index and the money supply (M1,M2, & M3) are the best available tools used to measure real inflation in the US dollar. (Remember, the Federal Reserve's official inflation rate doesn't include oil or housing!) (In 2006, the Fed stopped measuring money supply, the last limiting factor the government had its quest for a pure fiat currency. The dollar is now tied to nothing but political fiat, and not even the volume of supply is a limiting factor to its production. Can a currency survive based only on political fiat without regard to the laws of supply and demand? If so, why is Congress considering re-issuing steel nickles and pennies? If not, who or what will stop the Inflation Nation from spiraling into disaster?)
December 15, 2011 Federal Reserve statistical release: Money Stock Measures
Links of Significant Interest: