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Post by Ozarks Tom on Mar 4, 2016 15:38:40 GMT
A very good essay on the shell game that is our economic system. It explains in simple and easily understood terms how we're very quietly being robbed by our own government. It's so subtle we only notice it in small ways, like at the grocery store, but it's an unrelenting theft of every aspect of our ability to maintain our lifestyles. It's worth reading, and explaining it to others in a way everyone can understand. Instead of obnoxiously demanding that the public hand over its wealth, the government just quietly siphons it away. This way it avoids public outrage and resistance, and so is able to maximize the loot. As Jean Baptiste Colbert (finance minister to King Louis XIV of France) put it, “The art of taxation consists in so plucking the goose as to get the most feathers with the least hissing.” With inflation, the geese hardly hiss, because they think they are simply molting, and are unaware they are even being plucked. mises.org/library/understanding-federal-reserve%E2%80%99s-shell-game
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Post by blackfeather on Mar 5, 2016 3:16:19 GMT
Very good article, increasing the money supply= inflation= theft. The ones who are robbed the most are people trying to live off of savings, or fixed income, their money buys less and less. Basically robbing most, the old, the widow and the orphan.
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