Shifting Emphasis from Inflation to Growth [View article]
It should be noted that other currencies have inflation too. Thus, even the recent relative rise of the U.S. Dollar against other currencies is a minor and temporary improvement. One-Simple-Idea.com/US...
Also, inflation is not going away, because: (1) Over $53 Trillion of nation-wide debt: One-Simple-Idea.com/Di... (2) Over $9.6 Trillion of federal debt: One-Simple-Idea.com/De... (3) $12.8 Trillion borrowed and spent from Social Security, leaving it pay-as-you-go, with a 77 Million baby-boomer bubble approaching (13,175 new recipients per day): www.socialsecurity.org... (4) Total Domestic Financial Sector Debt = $15.8 Trillion Total Household Debt = $13.88 Trillion Total Business Debt = $10.16 Trillion Total Other Private Sector Foreign Debt = $1.8 Trillion Total Federal Government National Debt = $9.5 Trillion Total State and Local Government Debt = $2.2 Trillion ______________________... Total = $53.3 Trillion Total = $ 66 Trillion (including $12.8 Trillion borrowed from Social Security) (5) 80% of Americans own only 17% of all wealth (a trend that has been worsening since year 1976). One-Simple-Idea.com/Di... (6) These 10+ abuses: One-Simple-Idea.com/Di... (7) . . . resulting in these 17+ deteriorating economic conditions: One-Simple-Idea.com/Ne... (8) No one can tell us where the money will come from to pay the INTEREST on the $53 Trillion of current PRINCIPAL debt, much less the money to reduce the PRINCIPAL debt, when that money does not yet exist. Where will it come from? It will be created out of thin air. If necessary, the government and Federal Reserve will give away money (e.g. in the form of more stimulus checks, tax cuts, etc.) to delay the inevitable collapse of the usurious, dishonest, upside-down pyramid-scheme we call a monetay system.
We are now only beginning to feel the painful consequences of the abuses of the past 30+ years, as evidenced by these 17+ deteriorating economic conditions (One-Simple-Idea.com/Ne...), which have never been worse ever and/or since the Great Depression.
Shifting Emphasis from Inflation to Growth [View article]
One-Simple-Idea.com/US...
We have had incessant positive inflation since year 1956:
one-simple-idea.com/De...
Shifting Emphasis from Inflation to Growth [View article]
Thus, even the recent relative rise of the U.S. Dollar against other currencies is a minor and temporary improvement.
One-Simple-Idea.com/US...
Also, inflation is not going away, because:
(1) Over $53 Trillion of nation-wide debt:
One-Simple-Idea.com/Di...
(2) Over $9.6 Trillion of federal debt:
One-Simple-Idea.com/De...
(3) $12.8 Trillion borrowed and spent from Social Security,
leaving it pay-as-you-go, with a 77 Million baby-boomer bubble
approaching (13,175 new recipients per day):
www.socialsecurity.org...
(4) Total Domestic Financial Sector Debt = $15.8 Trillion
Total Household Debt = $13.88 Trillion
Total Business Debt = $10.16 Trillion
Total Other Private Sector Foreign Debt = $1.8 Trillion
Total Federal Government National Debt = $9.5 Trillion
Total State and Local Government Debt = $2.2 Trillion
______________________...
Total = $53.3 Trillion
Total = $ 66 Trillion (including $12.8 Trillion
borrowed from Social Security)
(5) 80% of Americans own only 17% of all wealth (a trend that has
been worsening since year 1976).
One-Simple-Idea.com/Di...
(6) These 10+ abuses:
One-Simple-Idea.com/Di...
(7) . . . resulting in these 17+ deteriorating economic conditions:
One-Simple-Idea.com/Ne...
(8) No one can tell us where the money will come from to pay the
INTEREST on the $53 Trillion of current PRINCIPAL debt,
much less the money to reduce the PRINCIPAL debt, when
that money does not yet exist. Where will it come from?
It will be created out of thin air. If necessary, the government and
Federal Reserve will give away money (e.g. in the form of more
stimulus checks, tax cuts, etc.) to delay the inevitable collapse
of the usurious, dishonest, upside-down pyramid-scheme we
call a monetay system.
Get ready for a lot more inflation.
INFLATION CPI (CPI=100 for year 1967):
50 |---------------------... (665 as of JAN-2008)
00 |---------------------...
50 |---------------------...
00 |---------------------...
50 |---------------------...
00 |---------------------...
50 |--------------------x...
00 |-------------------x-...
50 |-------------------x-...
00 |------------------x--...
50 |------------------x--...
00 |----------------x----...
50 |x-x-x-x-x-x-x-x------...
00 |------------------+--...
____ 1 1 1 1 1 1 1 1 1 1 22
____ 8 8 8 8 8 9 9 9 9 9 00
____ 0 2 4 6 8 0 2 4 6 8 01
____ 0 0 0 0 0 0 0 0 0 0 00
When history books are written, this article should be included:
seekingalpha.com/artic...
We are now only beginning to feel the painful consequences of the abuses of the past 30+ years, as evidenced by these 17+ deteriorating economic conditions (One-Simple-Idea.com/Ne...), which have never been worse ever and/or since the Great Depression.
But, perhaps enough voters will be less apathetic, complacent, and blindly partisan when enough of the voters are deep in debt (one-simple-idea.com/De...) , jobless (money.cnn.com/2008/06/...) , homeless (one-simple-idea.com/Di...) , and hungry (www.results.org/websit...) ?
At any rate, the voters have the government (one-simple-idea.com/Li...) that the voters elect (one-simple-idea.com/Co...).
one-simple-idea.com/Co... (Pressing Problems...)
one-simple-idea.com/Di... (Root causes...)
one-simple-idea.com/So... (Solutions...)