quote:Many of us get it... Inflation is the oldest trick in the fiat currency book... It's just a way to raise taxes without "raising taxes"... It let's you keep your "money" but steals your "wealth"... Most people don't even know the difference between money and wealth...
Originally posted by catalacNobody really gets it…the run up in the price of gas, gold, copper, pretty much every global commodity, is due to the global monetary bailout of overextended governments, over leveraged banks and ultra wealthy. The global “quantitive easing” is a stealth tax on those who are not overextended or over leveraged in the form of reducing the value of your money. If you look at the demand and supply numbers, there is little to justify much if any increase in pricing, the reality is our dollars just are not worth what they once were…and get used to it, because the effect of this easing will take off like a wild fire when it actually gets traction and will spread well beyond commodities. Nobody is noticing because our dollar is measured against other global currencies, who are also being debased…but it is happening big time.
But don’t worry Viking, the super wealthy are benefiting the most from this, so they will still buy your mega yachts and fill them up with $11 a gallon diesel cause they will be flush with lots of those extra dollars.
quote:
Originally posted by skinneejquote:Many of us get it... Inflation is the oldest trick in the fiat currency book... It's just a way to raise taxes without "raising taxes"... It let's you keep your "money" but steals your "wealth"... Most people don't even know the difference between money and wealth...
Originally posted by catalacNobody really gets it…the run up in the price of gas, gold, copper, pretty much every global commodity, is due to the global monetary bailout of overextended governments, over leveraged banks and ultra wealthy. The global “quantitive easing” is a stealth tax on those who are not overextended or over leveraged in the form of reducing the value of your money. If you look at the demand and supply numbers, there is little to justify much if any increase in pricing, the reality is our dollars just are not worth what they once were…and get used to it, because the effect of this easing will take off like a wild fire when it actually gets traction and will spread well beyond commodities. Nobody is noticing because our dollar is measured against other global currencies, who are also being debased…but it is happening big time.
But don’t worry Viking, the super wealthy are benefiting the most from this, so they will still buy your mega yachts and fill them up with $11 a gallon diesel cause they will be flush with lots of those extra dollars.
Should not have said nobody gets it…obviously many do…but many more do not, our gas prices right now have very little to do with politics or the president. You guys blaming Obama give him way too much credit, and there is p