Facebook isn’t working, so I’m posting this here. It’s a response to some comments made there.
Well, we may not see eye to eye on the inflation issue. As I see it, money can flow in different quantities to different places, but never alter in total quantity unless more is “printed”. As an example, just picture that there were only 1 million dollar bill in existence. You can pay $500,000 for a coke, but that does not cause any more bills to come into existence. Most of the “bubbles” are financed, which means money was made from nothing, and was hence inflationary. I literally think automobiles should cost $500.
As far as the role of government, once you realize that the greatest current existential threat to our national sovereignty is the on-going assault on our money supply–as enabled by the Fed and the IMF–then you realize that PROTECTING it is one of our most pressing national security issues, and thus a role properly assumed by the Federal government, and implemented by the States.
As far as mining gold, I am not against that at all. I am proposing two types of gold: gold we say is SPECIAL, and normal gold. SPECIAL gold sits in State vaults, and is worth EXACTLY as much as was paid for it. Normal gold is mined and used and traded on open markets like it always has been, as bullion, jewelry, and any other form it might take.
Bottom line, though, I see no more pressing national security matter than sorting this thing out. Once you sort through the details, you see why George Soros does what he does. People get bored with these details, which is how and why this assault–not just on our own sovereignty, but that of all other nations as well–has been able to continue for so long, and enjoy so much success.
One reply on “Reply to Jonathan”
doubling the money or halving available goods does not change the end result for the consumer. the price is still doubled. so, maybe you can strictly define inflation as in increase in the money supply, but if it has the same effect, it is, effectively, the same.
take the "national" out, change "security" to "secure", and add in "our rights". that is the role of government. letting the government legislate or control the money supply in any way, at any time, for any reason, is government not being government. it is government being tyrant.
while i agree with you about the what the problem is, i think your solution is more of the same. until individual liberty is at the heart of the solution, i cannot get behind it.