Inflation

Posted by $ blarman 1 year, 7 months ago to Government
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The line that really killed me was this one:

_The Federal Reserve targets an inflation rate of 2% because it "is most consistent with the Federal Reserve’s mandate for maximum employment and price stability."

NO!!!!!!

The target for inflation should be ZERO. NIL. NADA. Inflation destroys wealth and enables freeloading - especially through government debt.
SOURCE URL: https://www.theblaze.com/news/steve-rattner-inflation-hard-landing


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  • Posted by VetteGuy 1 year, 7 months ago
    They seem to conflate "inflation" and "growth". It seems that they cannot conceive of growth without inflation. The lack of economic sense in all levels of government is appalling. I took econ 101 forty years ago, and I scream obscenities at my computer on a daily basis about OBVIOUS economic screw-ups in the government.

    "Gee ...we printed a bunch of money and inflation went up? whoda thunk?"
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  • Posted by freedomforall 1 year, 7 months ago
    But zero inflation doesn't allow government to spend what it never earned and doesn't have.
    It doesn't let bankers steal from everyone else either.
    If you want no inflation, lock and load.
    There is no peaceful way to get there from here.
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    • Posted by mhubb 1 year, 7 months ago
      part of why the idiots that want a high minimum wage are delusional
      it simply drives up all prices
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      • Posted by $ 1 year, 7 months ago
        Not so sure its really that they're delusional, it's that they are pandering for votes and many voters are too ignorant - or willfully stupid - to realize that instead of asking for a handout they should improve their lives through better skills.

        That being said there's no denying the fact that it drives up prices on everything.
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        • Posted by mhubb 1 year, 7 months ago
          the fast food workers are demanding the higher wage also, believing the lies they are told
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          • Posted by $ 1 year, 7 months ago
            That's because most of them only see things going into their wallets and not the bigger picture. Again, it's a classic case of ignorance for which I blame the education system. In my opinion, no high schooler should be able to graduate without passing classes in basic micro- and macro-economics. And another one on the Constitution of the United States (including the Declaration of Independence). Those are foundational concepts in our nation and they are intentionally being excluded from our childrens' education.
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    • Posted by Dobrien 1 year, 7 months ago
      There may be legal and generally peaceful way to get there from here.
      “I like to say Tiffany’s , if you rob Tiffany’s diamonds ,do you get to keep the diamonds”?
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      • Posted by freedomforall 1 year, 7 months ago
        ?
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        • Posted by Dobrien 1 year, 7 months ago
          Ill gotten gains must be returned to the rightful owners. As you stated above bankers steal from everyone.
          Q uestion who owns most of our debt?
          For ten + years they have purchased trillions of treasuries. The statement about Tiffany’s is one Trump has said when talking about the stolen election.
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          • Posted by freedomforall 1 year, 7 months ago
            👍
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            • Posted by Dobrien 1 year, 7 months ago
              To clarify for others , as I am sure you know this. The US FEDERAL RESERVE is the largest purchaser of US debt In the last Decade with
              Quantitative Easing they have purchased trillions of US Debt. The FED as it is commonly referred to is owned by the Cabal (20 secret shareholders) . That Cabal has waged war against US. To the Victor goes the spoils.
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              • Posted by Dobrien 1 year, 7 months ago
                This subject touches my post evolution of slavery
                PartlV
                the article begins….
                President Trump outlined the geopolitical context of the world, without ambiguity:

                "We're at war, in a true sense we're at war, and we are fighting an invisible enemy,"1

                Before we explore the nature of this present war against a “horrible invisible enemy”, we must first understand that in war, ‘to the victor go the spoils’. For millennia, conquered lands not only gave up their territory, President Trump outlined the geopolitical context of the world, without ambiguity:

                slavery
                [ sley-vuh-ree, sleyv-ree ]
                The activity of legally owning other people who are forced to work for you.
                Or obey you

                This definition offers some key components of slavery which are worth considering:

                What is legal?
                What is obedience?
                What is the labor required of a slave?
                If we look way back in time, we can see that the Spartans did not mess around. They conquered a region, killed off the strong men, and enslaved everyone else. These assets provided Sparta with everything they required to wage war. The legality of this scheme was dictated by the swords, spears and shields of Spartan warriors. A slave remained obedient if they wanted to remain alive. The slave’s work was whatever Sparta required. All in all, it was a very simple system.

                It was the Athenians, Carthaginians, Romans and Khazarians who developed more sophisticated methods of enslavement. Rather than directly enslaving peoples, their empires revolved around trade. Trade brought such immense wealth and prosperity that their empires did not need to impose the brutal militancy of Sparta in order to acquire slaves. They simply bought and traded slaves as they saw fit.

                Trade, Trade, and the ownership of trade routes, therefore, became the path to power and prosperity. Slaves were a luxury afforded by the strongest and wealthiest civilizations. Slave trade represented a terrible threat to the weak and poor that were within the grasp of these empires.

                The Khazarians, in particular, implemented the most sophisticated strategy by placing themselves right in the middle of the most valuable trade routes of Western civilization. Anything travelling east, west, north or south was taxed by the Khazarians, who would crush anyone that did not pay the 10% tax on their goods. Khazaria become extremely wealthy and powerful by ensuring 10% always went to the “big guy”; in this case this was the Kagan of Khazaria.

                A few centuries later, the Holy Roman Emperor began granting privileges to various ‘Hanses’, which were medieval guilds of merchants or traders in certain German city states. This initiative would morph into the monopolization of trade on the North and Baltic Seas, eventually giving birth to the mighty Hanseatic League. and the ownership of trade routes, therefore, became the path to power and prosperity. Slaves were a luxury afforded by the strongest and wealthiest civilizations. Slave trade represented a terrible threat to the weak and poor that were within the grasp of these empires.
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