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Inflation https://hm.dinofly.com/UP/forum/viewtopic.php?f=49&t=851 |
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Author: | Chicodoodoo [ Thu Sep 19, 2013 5:36 pm ] | |||||||||
Post subject: | Re: Inflation | |||||||||
Last night, I finally met the son of my good friend who built the gym where I practiced gymnastics for many years. During all that time, I had never met that son, because he was in prison. He had been asleep on a couch at a friend's house when a very dangerous and unstable gang member from a South American drug cartel busted into the house with a gun in hand, intent on doing some harm. The son woke up, pulled his own gun, and shot him dead. If I remember correctly, he was acquitted for that action, but he was targeted by both the justice system and the drug cartel after that. Why he ended up in prison escapes me at the moment, but I was very impressed with the example of humanity he presented me with. In a corrupt and undermined legal system, I found myself wondering how often good people end up behind bars. He gave me a thick book to read, The Underground Empire by James Mills. Despite having two other books that I am concurrently reading, I've already started it. It starts out like this:
I think I'm going to like this book as much as I liked the son that lent it to me. Note: James Mills based his calculations on data from the mid-1980s, when the book was published. Gold then was around $325 an ounce. Today, gold is at $1370 an ounce. So today, instead of a million dollars in gold weighing the same as a large man (192 pounds), it weighs the same as a young child (45 pounds). This should give you some idea of the hidden theft the money masters extract from all of our pockets via inflation. The Shadow Stats inflation calculator estimates that a half-trillion dollars in 1985 is actually equivalent to about 4 trillion today. That means the dollar in 1985 purchased 8 times more than it does today. It also means the price of gold is being suppressed, and it should really be twice what it is today, in terms of dollars. Did you follow all that? Did you do the calculations to verify my conclusions? Very few people do either one. That is exactly why the ruling sociopaths have us so controlled. We have been trained not to think and not to question. We have been trained to silently obey. |
Author: | Chicodoodoo [ Mon Nov 11, 2013 6:36 am ] | |||||||||
Post subject: | Re: Inflation | |||||||||
I've often stated that in 1913, the year the Federal Reserve was created, 2 cents would buy what 100 cents buys today. Recently, I revisited that idea. I read this blog. I notice our former member dsimon3387 was the first to comment on the blog. I decided to comment as well, and wrote the comment below. Unfortunately, when I went to post, I learned comments were closed. What ever happened to free speech?
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Author: | Chicodoodoo [ Sat Sep 17, 2016 7:29 am ] | |||||||||
Post subject: | Re: Inflation | |||||||||
The United States of America is finally being recognized as a truly major player in the swindle of inflation (monetary devaluation). The king of inflation, the African country of Zimbabwe, will honor the new-found status of the American dollar by printing up their own version, probably in accelerating quantities if history is our guide.
Of course, with "too big to fail" bank bailouts and the deceptively named financial program of "quantitative easing" ( 1 2 3 ), the United States has had its own currency counterfeited since 1913, when the privately owned, for-profit Federal Reserve gained control of the national currency. Today, a dollar buys what two cents bought in 1913, which means the value of our money has essentially been cut in half nearly six times! When Zimbabwe decides to print its own version of the U.S. dollar, you know the mother of all financial collapses is right around the corner. |
Author: | Chicodoodoo [ Sat Feb 18, 2017 3:45 am ] | |||||||||
Post subject: | Re: Inflation | |||||||||
My "waking up" started over ten years ago with a simple question -- where does our money come from, and who determines how much of it there is? At least, I thought it was a simple question, but looking for the answer made me realize it wasn't simple at all. My research back then was all about money, and especially inflation. We ordinary people were being robbed blind, which meant we were pretty much unaware we were being robbed. That's what inflation is, hidden theft, and I've watched it proceed for more than a decade now. I wrote a lot about inflation in the beginning, but now I tend to write a lot about the type of people who are behind the inflation scam. Inflation is a deliberate con-game, run by a small, secretive group of con-artists. Whereas I used to analyze the con-game, now I analyze the con-artists. It's quite the interesting personal progression, don't you think? But it's a logical one. First, study the immediate problem. Then find out where the problem comes from. All roads lead to Rome. In other words, to sociopaths. |
Author: | Chicodoodoo [ Thu Jun 01, 2017 2:49 am ] | |||||||||
Post subject: | Re: Inflation | |||||||||
Perhaps more accurate than "dangerous fools" would be "Followers". Most people who say inflation is a good thing are just parroting what they've heard the "respected" authorities say, like the chairman of the Federal Reserve. But when the chairman of the Federal Reserve says it, he means inflation is good for the Federal Reserve and the ruling sociopaths! He does not mean it's good for the public. In fact, he knows it's bad for the public! But he also knows to give the impression that he and the banksters are working in the public interest so that the public won't catch on to the deception. Yes, that's the double-speak sociopaths enjoy using. It's a fun little game for them, while the rest of us call it deception. |
Author: | Chicodoodoo [ Wed Jan 17, 2018 6:31 am ] | |||||||||
Post subject: | Re: Inflation | |||||||||
Ten years ago, I was writing a lot about inflation over at the now defunct MySpace, which was once the premiere blogging site on the Internet. At that time, I was providing evidence that a dollar in 2007 purchased what two cents did in 1913. And here we are, ten years later, and the dollar of today buys what one cent did in 1913. Ah, sweet vindication! I was also expounding on the worthlessness of fiat currency backed by nothing. Bitcoin is a recent example, and before anyone makes the bogus claim that Bitcoin has real value, let me emphasize the most succinct part of the opening quote, which is that current forms of money are competing over which is the more worthless! Bitcoin was an insidious psy-op from the beginning ( 1 2 3 ) and is designed to steer us towards the one world digital fiat currency that the central bankers have planned for us, the perfect control structure for our economic slavery. It will be sold to us as our salvation, but that will be the typical double-speak of the sociopath. The only thing it will save us from is our freedom. |
Author: | Chicodoodoo [ Wed Jan 17, 2018 8:55 pm ] | |||||||||
Post subject: | Re: Inflation | |||||||||
Yes, that was basically my inflation message from ten years ago. Inflation is theft, yet the Federal Reserve does everything in its power to maintain an inflation rate above 2% per year in the United States. The Federal Reserve is a private, for-profit cabal of Jewish thieves intent on robbing us blind. And they have successfully done this for over 100 years, devaluing our money to the point where one dollar now buys what a penny bought in 1913. In the process, they have increased the wealth that they control to the point that they are the quiet masters of the entire United States government. Our elections are a sham, because the power behind the Federal Reserve effectively determines who our puppet leaders will be. That is how powerful a "low" 2% per year inflation rate is. It has enshackled the most bountiful nation on the planet and brought it to its knees. |
Author: | Chicodoodoo [ Sat Jul 21, 2018 4:02 am ] | ||||||||||||||||||
Post subject: | Re: Inflation | ||||||||||||||||||
Is the mother of all stock market crashes coming? I have been predicting it for many years. Yet every year, I have been wrong. Why have I been wrong? Inflation, for one. As the dollar is devalued, the price of everything having stable value has to rise. The price of a home is a prime example. In 1986, I bought my first new home for $69,990. Interestingly, a few years later, I could have bought a similar home down the street (in foreclosure) for half that amount during one of the economic crises of that era. Today, the very same home I bought in 1986 sells for $225,000. It's still basically the same house, but today's dollars are worth much less than 1986 dollars. So the price of the house has to increase to account for the devaluation of the dollar due to inflation. The "price" of the stock market behaves in much the same way. So the market keeps going up, even though many astute financial observers say the bubble has to pop soon. But the big crash never seems to come. Why not?
Did you catch that? There are no markets! I was always predicting the big crash because of the way I have been taught to think of "markets". But there are no markets! It's an illusion, theater for the masses. We have been taught that capitalism functions due to free markets. But the stock market is not a free market. It is rigged. It is controlled. It is fake. So is capitalism, but I'll leave that subject for another day. So now I'm no longer predicting that the market will crash. The market will zig zag up and down, like it always has, but the general trend will be ever upwards. With a steadily manipulated fiat currency like we have, that is constantly devalued due to the creation of ever more fiat currency, it is inevitable that prices will rise. Including the price of the stock market. -- source |
Author: | Chicodoodoo [ Mon Nov 05, 2018 7:40 am ] | |||||||||||||||||||||||||||
Post subject: | Re: Inflation | |||||||||||||||||||||||||||
What is inflation? Rising prices? No, it is our money losing value.
The following chart shows how American price levels have changed dramatically ever since private bankers took control of our money (via the Federal Reserve). In 1933, the fleecing of the American public began. We have been robbed blind ever since then.
So what changed?
Inflation is a insidious scheme of the ruling sociopaths to gain more and more control over the masses. And it has really worked well for them (at our expense). Note: The chart uses the inflation figures of the U.S. Bureau of Labor Statistics, which have been periodically redefined to understate the real inflation rate. This means the parabolic rise in American price levels is even worse than indicated by the chart. |
Author: | Chicodoodoo [ Sat Nov 10, 2018 5:56 am ] |
Post subject: | Re: Inflation |
I started driving in 1973. I drove my father's 1964 VW bug. It would get 30 mpg on average, and I remember that gasoline cost 24.9 cents per gallon. The VW gas tank held 10 gallons, and I could fill up on empty for less than $2.50. The average cost per mile for fuel was a bit less than 1 cent per mile (0.83 cents per mile). 0.83 cents per mile. Today it's 2018, 45 years later. My 1997 Toyota Tercel gets at least 35 mpg on average. Gasoline costs $2.80 per gallon (more than 10 times as much as 45 years ago). So now my cost for fuel is 8 cents per mile, or 9.6 times more than 45 years ago. But how does that really compare to 1973, since the dollar has been constantly devalued over time by the criminal Federal Reserve? For that I turn to ShadowStats.com. According to the bogus Bureau of Labor Statistic (BLS) figures, $100 in 1973 is worth about $558 now. But using ShadowStats' figures, which don't underestimate inflation in a compounded fashion like the BLS does, $100 in 1973 is worth $3,165 now! Yes, clearly the U.S. government has been very effective at fooling us about inflation. This means one cent in 1973 is worth the equivalent of 32 cents today (and not 6 cents as the U.S. government BLS figures claim). So by using the ShadowStats figures, if my 1964 VW bug were driving around today, it should cost 0.83 x 31.65 cents for fuel for each mile driven, or about 26 cents per mile. But my Tercel actually costs 8 cents per mile for fuel. So what does that mean? It means the price of gasoline today is a lot cheaper than it should be, according to ShadowStats. Today's gasoline price should be 24.9 x 31.65 cents per gallon, or $7.88 a gallon. By comparison, the BLS figures would put it at 24.9 x 5.85 cents per gallon, or $1.45 a gallon (which shows how the BLS underestimates inflation). But could it be that ShadowStats has overestimated inflation? Possibly, but I doubt it. Keep in mind that we do not have a free market for oil and gasoline, or energy in general. Fuel prices are controlled to squeeze as much as possible out of the public without generating volatile discontent. And because the value of money is being constantly manipulated, that makes comparisons over time extremely difficult to calculate in terms of money. This makes the understanding of what is really going on almost incomprehensible for the general public. And that is by the deliberate design of the real controllers of this planet, the ruling sociopaths. Note: This chart uses the bogus BLS inflation figures, so the red line is not accurate. But it is interesting. |
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