Thursday, September 20, 2012

Inflation: The Silent, Deadly Tax

"The economy needs another shot of Federal Reserve stimulus and this time around, it needs it indefinitely," said Federal Reserve Bank of San Francisco President John Williams. Now who would have figured that 'we must do this now to save the system' would become 'we must do this indefinitely'? At least the masks are finally coming off.


Until the government stops spending we can plan on an accelerated continuation of this unconscionable theft of personal wealth from ordinary Americans by the very few corrupt power elite. Just be sure you get the decimal in the right place: it's more like the .0001% who are doing this to America and in particular to the wealthiest 10% who employ the rest of us. If you don't believe economics 'trickle down'--bad and good--then you don't understand the silent, deadly and illegal tax called inflation. What's astounding is how easily the .0001% has convinced the masses that the ones being stolen from are the bad guys.

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