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Inflation and what to do?

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Inflation is always and everywhere a monetary phenomenon. It’s always and everywhere, a result of too much money, of a more rapid increase in the quantity of money than in output. Moreover, in the modern era, the important next step is to recognize that today, governments control the quantity of money. So that as a result, inflation in the United States is made in Washington and nowhere else.

If you listen to people in Washington talk, they will tell you that inflation is produced by greedy businessmen or it’s produced by grasping unions or it’s produced by spendthrift consumers, or maybe, it’s those terrible Arab Sheikhs who are producing it. Now, of course, businessmen are greedy. Who of us isn’t? Trade unions are grasping. Who of us isn’t? And there’s no doubt that the consumer is a spendthrift. At least every man knows that about his wife.

But none of them produce inflation for the very simple reason that neither the businessman, nor the trade union, nor the housewife has a printing press in their basement on which they can turn out those green pieces of paper we call money.


Milton Friedman
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There was no infation for over 200 years in the United States of America. This inflation is government caused ...started i around 1913 with the formation of the FED...has nothing to do with the federal government but a bunch of bankers, a president and a bankers brother in law congressman as a way of gaining total monetary control of countries and enriching themselves..with what is called currency...it is not money and has no value...just digits in a computer. Money, has value, like gold is money it has value and you can still buy a Colt SAA for about the same amount of gold as in 1873... but not currency. The $100 bill lost 98.5% of its value since 1900.
I was a Democrat for 45 years, even voted for Carter...sorry I didn't know, I was working, & he seemed like a decent guy.
Not today...new strategy...voted against every incumbent and every socislist Democrat. Let's see if the new congress does anything to stop the world socialism coming your way, and prosecute a few of the federal law breakers.
Look at California its becoming unlivable in many of the cities, and unaffordable to most. So government puts more digital currency in the pot to help "low income and illegal aliens " making inflation worse, and lowering the standard of living for all. It's to the point of collapse here and Europe...the green new deal world has no energy road to travel, the technology is not there and green is more polluting then first though it has all kinds of toxic waste. The Council On Foreign Relations, the UN, WHO need to go ...plus 90% of the rest
The plan is,..."you will own nothing and be happy."
The world owes its soul to the bankers 300 trillion world wide that can never be repaid. Collapse seems to inevitable. Look a Geat Britain 3 priministers in a few months...Borrow more money on the top of the debit you already owe, for the money you just borrowed to pay for the interest on all the borrowed money. The currency in your pocket is debit...Not money... based on "faith alone," that others will take it for goods & services. if we stop borrowing it all collapses ...if we continue on the current path it all collapses. Corruption is everywhere. The world is On the alert, defcon#2 stage for nuclear war, that could have been avoided months ago and already resolved...but there is no profit in peace...and people need to be eliminated as the "crumb eaters", as you are labeled, are not good for the planet when their numbers are so large. Not many of these politicians are on your side... they pass the laws for the concerns of big business and government itself ...if your priorities differ too bad, you were saving for primers, bullets, and powder, and not contributing a few hundred thousand to your favorite politician. If this election doesn't stop the ruination of America, ya won't have to worry about reloading components...as true if they don't stop poking the bear, a very foolish endeavor, as they have the largest nuclear arsenal, plus China, India, Pakistan, Iran, N Korea, Africa, all lining up with, or not condemning Russia, ..and their all nuclear except Africa, and Turkey (supposed to be A NATO ally) Cuba,& South America...Most of the world's population on or not condemning Russia.
Still with a collapsing economy, out of energy and a depleted arsenal, our screwed up, corrupt government pushes closer to nuclear war...we know who they are, a stupid needless war won't cover that up...no one wins this one , no media left to spin the truth, no one left to hear....and I never voted for this.
 
Wow Ray123...".Money, has value, like gold is money it has value, and you can still buy a Colt SAA for about the same amount of gold as in 1873... but not currency. The $100 bill lost 98.5% of its value since 1900." Count me in, I'll trade an oz. of gold for a Colt model P SAA [First Gen] I did some research about a Vintage Winchester model 1894 30WCF. List price was $15.00 but that rifle in the Sears catalog you could order the plain jane round 20" barrel job for $14.75 Extra inches of barrel were 75 cents. Ok to That Guys. Problem I wanted to know what that price would be in hours of work or today's dollars. Not an easy problem to solve. After some reaearch I found a working man could earn 5 to 6 dollars a week. Senior & skilled workers nearly twice that money. My conclusion. That rifleR.jpg was one to two weeks pay.
 
Very Well Said Ray.
There is a very good reason this War is in Ukraine that most of us never paid much
attention to before this war started IMHO.
It is the home ground of the ancient nation of Khazaria which is also the home nation of
these central banker families originally and they want it reestablished just as they did
Israel in 1948 after 2000 years.
The current central banking system globally is on the verge of collapse due to the indebtedness it has created by having been able to print currency out of thin air
with no intrinsic value or backing and then charge interest on it to the nations it prints for as if it's real money instead of just currency. That's why the U.S. is $31 Trillion in debt that they know can never be repaid.
War is the most profitable venture there is for central bankers because it's expensive
and governments and politicians need to borrow a lot (at interest) to engage in it and then rebuild afterword.
 
When the U.S Constitution was finally ratified and Benjamin Franklin had just walked out of
the building, as the story goes, a woman approached him and asked him what kind of
government were we being given, Benjamin Franklin replied, "A Republic Mam, if you can keep it"
It seems no matter where I go and read or listen to a pundit, politician, newscaster or
whoever, they like automatically spit out the word "democracy" to describe this nation,
and it seems like everybody is brainwashed into using that term.
A "democracy" is 2 wolves and a sheep voting what's for dinner. Majority Rule.
We were given a "Republic" where each "Individual" is given certain "Inalienable Rights"
by their "Creator", not by majority rule (ie. mob rule) and among those Rights is the Right to Self Defense.
In a Republic, that sheep is Armed.
I just hope more people would start correcting some those that mistakenly use that
term, because then maybe more people would focus on the Bill of Rights. JMHO
 
There was no infation for over 200 years in the United States of America. This inflation is government caused ...started i around 1913 with the formation of the FED...has nothing to do with the federal government but a bunch of bankers, a president and a bankers brother in law congressman as a way of gaining total monetary control of countries and enriching themselves..with what is called currency...it is not money and has no value...just digits in a computer. Money, has value, like gold is money it has value and you can still buy a Colt SAA for about the same amount of gold as in 1873... but not currency. The $100 bill lost 98.5% of its value since 1900.
I was a Democrat for 45 years, even voted for Carter...sorry I didn't know, I was working, & he seemed like a decent guy.
Not today...new strategy...voted against every incumbent and every socislist Democrat. Let's see if the new congress does anything to stop the world socialism coming your way, and prosecute a few of the federal law breakers.
Look at California its becoming unlivable in many of the cities, and unaffordable to most. So government puts more digital currency in the pot to help "low income and illegal aliens " making inflation worse, and lowering the standard of living for all. It's to the point of collapse here and Europe...the green new deal world has no energy road to travel, the technology is not there and green is more polluting then first though it has all kinds of toxic waste. The Council On Foreign Relations, the UN, WHO need to go ...plus 90% of the rest
The plan is,..."you will own nothing and be happy."
The world owes its soul to the bankers 300 trillion world wide that can never be repaid. Collapse seems to inevitable. Look a Geat Britain 3 priministers in a few months...Borrow more money on the top of the debit you already owe, for the money you just borrowed to pay for the interest on all the borrowed money. The currency in your pocket is debit...Not money... based on "faith alone," that others will take it for goods & services. if we stop borrowing it all collapses ...if we continue on the current path it all collapses. Corruption is everywhere. The world is On the alert, defcon#2 stage for nuclear war, that could have been avoided months ago and already resolved...but there is no profit in peace...and people need to be eliminated as the "crumb eaters", as you are labeled, are not good for the planet when their numbers are so large. Not many of these politicians are on your side... they pass the laws for the concerns of big business and government itself ...if your priorities differ too bad, you were saving for primers, bullets, and powder, and not contributing a few hundred thousand to your favorite politician. If this election doesn't stop the ruination of America, ya won't have to worry about reloading components...as true if they don't stop poking the bear, a very foolish endeavor, as they have the largest nuclear arsenal, plus China, India, Pakistan, Iran, N Korea, Africa, all lining up with, or not condemning Russia, ..and their all nuclear except Africa, and Turkey (supposed to be A NATO ally) Cuba,& South America...Most of the world's population on or not condemning Russia.
Still with a collapsing economy, out of energy and a depleted arsenal, our screwed up, corrupt government pushes closer to nuclear war...we know who they are, a stupid needless war won't cover that up...no one wins this one , no media left to spin the truth, no one left to hear....and I never voted for this.
And you live in Oregon? That must explain your optimism.
-
 
How about compared to the one we have now?
We tend to forget what James Carter did.
Gave away the Panama Canal
Granted amnesty to 200,000 draft dodgers regardless of what they did
Cheated the US government by not fulfilling his obligation for his free education
Somehow got released from the Navy 15 months early because his father died and he had to go run the peanut farm! I know a few men who had a parent die while they were in the service and what they got was to go home to the funeral. I'm sure other Vets in this site encountered similar fellow men who had a parent die.
Cut portions of the GI bill that paid for veterans education
How about his 444 day Iran hostage situation?
Did nothing for soaring interest rates
Has created a falsehood by saying he is a ‘Nuclear Theorist’ whatever that may be. Not to make light of it but he has a BSc degree (in no specific field) and that is it ( which he didn’t pay for)
Never served on a nuclear submarine
Actually (I feel) made people feel embarrassed to be Americans
There’s much more but I’ll say Biden is moving up fast.
When it’s January and you have no fuel and can’t afford to feed you family this government will be warm and eating just fine.
Biden’s working hard to be the very worst.
 
Last edited:
We tend to forget what James Carter did.
Gave away the Panama Canal
Granted amnesty to 200,000 draft dodgers regardless of what they did
Cheated the US government by not fulfilling his obligation for his free education
Somehow got released from the Navy 15 months early because his father died and he had to go run the peanut farm! I know a few men who had a parent die while they were in the service and what they got was to go home to the funeral. I'm sure other Vets in this site encountered similar fellow men who had a parent die.
Cut portions of the GI bill that paid for veterans education
How about his 444 day Iran hostage situation?
Did nothing for soaring interest rates
Has created a falsehood by saying he is a ‘Nuclear Theorist’ whatever that may be. Not to make light of it but he has a BSc degree (in no specific field) and that is it ( which he didn’t pay for)
Never served on a nuclear submarine
Actually (I feel) made people feel embarrassed to be Americans
There’s much more but I’ll say Biden is moving up fast.
When it’s January and you have no fuel and can’t afford to feed you family this government will be warm and eating just fine.
Biden’s working hard to be the very worst.
There is a difference I think. Carter was a boob. Biden is an outright criminal and I believe he has been since he came out of FL.

It is my opinion that the Federal Reserve and the big banks control the money, and thus what happens. As in interest rates. Biden didn't raise interest rates, the Fed did. The money printing madness came from injections of our money into a failing money system to keep it afloat on a sea of derivatives (which are still here) I enjoyed the years when I could put money in a savings account or CD and actually get a return. I vote for a return to the gold standard. Too much easy money makes for some stupid expenditures. In tiny little ways I do what I can - I don't borrow money and pay cash as much as I can. I spend what I make and no more.
 
In response to Knotwild:
My choice then is a boob or a thief. One guy is going to give what is mine away and the the other is going to steal it. Some decision!
One hope I see was over this weekend. I don’t think it’s going to matter but the dems brought their heavy hitters out to New York….Bill Clinton, his alleged wife Hillary and also Oprah Winfrey.
They usually do this when they’re worried. I hope so as NewYork is a hard place to be a screaming democrat and lose. I vote every election and so far I’ve been successful in not getting one winner.
 
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