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Old 09-29-2008, 08:10 PM
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Talking A quick lesson in inflation- with a little help from the cartoon Duck Tales. =P
YouTube - Duck Tales Inflation Lesson
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Old 09-29-2008, 09:16 PM
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excilent view


i get it now
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Old 09-30-2008, 09:31 AM
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Yep, excellent.

And here's the crux is the matter ... Government is exactly like Huey, Dewey and Louie, the first to get the funny money before its circulated into society. Therefore government gets it at its full value. In effect, government can pay itsg debt with money that has not yet been reduced in value. Once the money is filtered down into society, like the film shows, it dilutes the worth of the existing money, causing prices to rise, then it is us who pays the piper in the form of the hidden tax of inflation.

Don't know if you guys realize it or not, but the dollar buys six-cents less of what it bought just a few months ago.

Where are the statesmen (other than Ron Paul) standing before Congress demanding a change to honest money?


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Last edited by ViRedd; 09-30-2008 at 09:34 AM..
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Old 09-30-2008, 10:08 AM
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Originally Posted by ViRedd View Post
Yep, excellent.

And here's the crux is the matter ... Government is exactly like Huey, Dewey and Louie, the first to get the funny money before its circulated into society. Therefore government gets it at its full value. In effect, government can pay itsg debt with money that has not yet been reduced in value. Once the money is filtered down into society, like the film shows, it dilutes the worth of the existing money, causing prices to rise, then it is us who pays the piper in the form of the hidden tax of inflation.

Don't know if you guys realize it or not, but the dollar buys six-cents less of what it bought just a few months ago.

Where are the statesmen (other than Ron Paul) standing before Congress demanding a change to honest money?


Vi
Don't we miss good cartoons that taught good lessons? Gonna buy my daughter the seasons of Duck Tales- very libertarian now as I re watch it..

Oh Vi.. I think you are being reserved with your 6 cents less estimate in the past few months.. I've watched egg prices alone rise from 99 cents to 1.28 (this is just while I've been in Ohio, so since mid July), every two weeks or so since then it's gone up 10 cents.. that's a 30% increase..

Dennis Kucinich speaks out against the Fed and the fiat money system as well.. can't think of any else who actively speak out against it.. the bulk of Congress is getting bribed with that funny money..
 

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