G. Edward Griffin explains how inflation results from the Federal Reserve’s money printing scheme and that inflation is a hidden tax.
Here is an explanation of the two phase of inflation:
1. New money is created out of nothing by the Federal Reserve and is then loaned out to the federal government. The new money inflates the money supply. The government uses that money to pay employees, to finance wars, to fund welfare, to pay off cronies, and more. The favored political class gets the money first, when it has full purchasing power.
2. The second phase of inflation takes place when the politically favored groups spend the money with individuals who then take their money to their commercial banks and deposit it. This is where the real action happens.
The banks themselves create money, usually at a rate of at least 9 to 1 – for every one dollar deposited, the banks can create an additional $9. There is a massive expansion of the money supply.
The banks loan that money into existence and people borrow the money and spend it. Over time, the money trickles down to the common man.
More money equates to demand- with more money, more people are able to demand things. While demand increases, the supply of the goods and services does not increase. The expansion of demand, with only a limited supply of goods, results in higher prices.
When the money supply is expanded faster than the expansion of goods and services, it results in higher prices. Prices appear to go up, but the reality is that the value of the dollar is going down.
Milan, Italy: A bus filled with 51 children from a middle school was set on fire by its driver, Ousseynou Sy, a man originally from Senegal but with Italian citizenship. This was done to seek revenge for the migrants who have drowned due to Italy’s blocking migrant boats.
The mass murder of Christians is being censored by Western media, because those who control mainstream media consider Christians to be an obstacle to “progress”. As a result, most Americans do not know that 4,136 Christians were killed for faith-related reasons last year.
Nashville teachers report chaos and violence is overtaking their classrooms after following policies by the Obama administration to reduce the disproportionate number of suspensions for minority students, mostly by keeping kids in school who don’t deserve to be there.
New Zealand and Australia are using the shooting as a pretext to block access to 4Chan, 8Chan, LiveLeak, Voat, BitChute, Zero Hedge, Dissenter and a number of other sites. A 44-year old man has been arrested and is facing 28 years in prison for sharing the video.
Democrats are proposing to eliminate the electoral college, pack the Supreme Court with additional (Democrat) judges, allowing illegal aliens, violent felons and 16-year olds to vote. Nancy Pelosi wants to “capture” kids in high school.
The goal of the lawsuit is to shut down gun manufacturers by making them liable for individuals’ actions. While the plaintiffs will have extreme difficultly in proving their case, pre-trial discovery that will include Bushmaster’s internal communications could be harmful to the company.
In the last five years, a culture shift began with legislature decriminalizing felonies and dumping convicts onto the streets. Shoplifting is rarely prosecuted and crime has exploded, the city is overrun with rats, garbage, human feces and needles.
After representatives of the Yellow Vest movement accused the French government of failing to stop black bloc anarchists from crashing and marring their protests this weekend, the French government is using the violence by the black bloc as an excuse to ban rallies in wealthy areas and to give riot police more power.
US student loan debt stands at $1.5 trillion and cannot be erased through bankruptcy. The youth of America are captives to colleges and universities that hold a monopoly over credentials. A hundred schools have endowments worth over a billion dollars.
Federal law exempts services like Twitter from defamation liability, but because the site censors and bans content, it should be considered to be a content developer/ publisher and face liability like any other publisher.
Scientists behind the United Nations International Panel on Climate Change (IPCC) climate report confirm that the 12-year deadline is based on the Paris treaty 2030 goal to cut carbon emissions and that the planet is not in imminent danger.
For classified advertising rates and terms, click here. The appearance of ads on this site does not signify endorsement by the publisher. We do not attempt to verify the accuracy of statements made therein or vouch for the integrity of advertisers. However, we will investigate complaints from readers and remove any message we find to be misleading or that promotes anything fraudulent, illegal, or unethical.
JWLABS – Building fine Rife frequency instruments in the USA since 1987. We offer customer support and an exceptional warranty. Learn why all households and clinics should employ this device. Call us at 888-891-1122 to discuss the many benefits. www.rifemachine.com
Ten Days at Jekyll Island, a novel by Patrea Patrick, tells the true story of a secret meeting held in November of 1910 on a privately owned resort island, the outcome of which drastically changed the world. It was at this meeting that a banking cartel was forged; a cartel that, three years later, would be issued a government charter to do business as The United States Federal Reserve System. You will discover why secrecy was essential. Based on historical documentation from The Creature from Jekyll Island by G. Edward Griffin. (More)
Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (More)
The Federal Reserve raised the interest rate one-quarter of a percent. In response, the US dollar dropped by 1%, gold rose a bit, and stocks skyrocketed. Debt is soaring while the GDP is falling, which is the forerunner of inflation and depression at the same time.
In anticipation of the value of the decline in Zimbabwe currency after the military coup, citizens are rushing into cryptocurrency, which has bid up the price of Bitcoin. Last week, Bitcoin was $5,900. Now it is valued at $8,040.