Sunday, April 12, 2009

What Does Inflation Of 3.11% Mean?

Of course we must remember that inflation is not only a tax.

It causes faulty signals to permeate the economy leading to overconsumption and malinvestment.

It also redistributes wealth but in a very pernicious way. It redirects wealth to the ego-driven interventionists and their associates. It causes the formation of a society of two classes: the politically-connected and their victims.

In other words, inflation is what enables the unConstitutional coup in the U.S. to exist and to extend its economic terrorism around the world since the dollar has been the world reserve currency.

Sure the income tax is heinous and it is unconstitutional but don't be fooled by the data. Saying that inflation is 3.11% is like saying cancer is only in the lymph system!

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