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FTA: I pray we are not heading towards such an inflationary spike. But the Federal Government is lying to you about the actual inflation rate. You are being told it is only 5.3% right now. Yet this calculation excludes food and fuel. Do you think those are not worthy of consideration in determining the inflation rate? Take gas as a telling example. The price of gas has gone up roughly 68% in the last year. That ain’t 5.3%. You are seeing a similar jump in food. Beef is up over 30%.

Here's the article about the inflationary period of the 70s. https://www.investopedia.com/articles/economics/09/1970s-great-inflation.asp

KEY TAKEAWAYS:

--Periods of rapid inflation occur when the prices of goods and services in an economy suddenly rise, eroding the purchasing power of savings. --The 1970s saw some of the highest rates of inflation in the United States in recent history, with interest rates rising in turn to nearly 20%. --Central bank policy, the abandonment of the gold window, Keynesian economic policy, and market psychology all contributed to this decade of high inflation.

FTA: I pray we are not heading towards such an inflationary spike. But the Federal Government is lying to you about the actual inflation rate. You are being told it is only 5.3% right now. Yet this calculation excludes food and fuel. Do you think those are not worthy of consideration in determining the inflation rate? Take gas as a telling example. The price of gas has gone up roughly 68% in the last year. That ain’t 5.3%. You are seeing a similar jump in food. Beef is up over 30%. Here's the article about the inflationary period of the 70s. https://www.investopedia.com/articles/economics/09/1970s-great-inflation.asp KEY TAKEAWAYS: --Periods of rapid inflation occur when the prices of goods and services in an economy suddenly rise, eroding the purchasing power of savings. --The 1970s saw some of the highest rates of inflation in the United States in recent history, with interest rates rising in turn to nearly 20%. --Central bank policy, the abandonment of the gold window, Keynesian economic policy, and market psychology all contributed to this decade of high inflation.

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[–] • 1 pt

Inflation isn't so much the problem. The problem is more about black budgets. Sure, printing is used to siphon wealth (and it's don't well), but the real issue is large portions of funds suddenly missing and no explanation being made for it. Between the money laundering being done, the lack of transparency and no way for a citizen to ever be able to take or inspire judicial action against these deeds, this is the most prominent complication with USD. Siphoning away wealth by inflating isn't good, but currencies do need to scale to meet demands, so inflation isn't all bad. But that's leaving out asking if we're past the point it's useful (I wouldn't argue there).

[–] • 1 pt

DUMBs exist.

Government does not represent you, it only cares about continuity of government.

For all we know, legit asteroid could be inevitable and all that wealth is needed to build those massive underground cities to keep the globahomo elites living live of luxury during the apocalypse.

[–] • 0 pt

Well done. You're catching on. The idea is to take wealth away from proles whilst they build their escape hatch and punish us for asking what they're building. Therefore, the real aim should be to rescind that capability of our captors by no longer agreeing to their terms, which is the only thing that keeps us locked in the slave box.

[–] • 0 pt

I see numerous superior alternatives.