“The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” – John Maynard Keynes

Inflation is accepted.  “Back in my day, I could buy a candy bar for a penny” doesn’t even make us flinch.  Even when people understand this kind of value destruction they don’t seem to really care.  The Fed, a for profit bank that cannot be audited, has complete control of the flow of our money.  They print money and dole it out however they want and don’t have to tell us how it was used.

Let’s pretend I collect all my friend’s booze and in return I give them an IOU with “I drink, therefore I  am” printed on the back.  I then go to my booze vault and begin printing IOUs for my best friends and 9’s.  I’ll be the most popular guy in town.  Shit, I can hook you up with free booze.  Then I wake up one hungover morning, go to my vault and find one lone bottle of Svedka left.  Depressed, I drink it and go cry.

That is no different than what the Fed does.  Every dollar they print is future-fucking your dollar.  Because the whole value-pie of the US/world is massive and dispersed so widely they can get away with it for awhile.  Unfortunately, printing a dollar and creating a dollar’s worth of value are two very different things.  The fact that your dollar can’t store value means that there is no secure way to store your wealth.  Sure, you can buy gold, land, or diamonds, but those markets fluctuate like any other.

A dollar is supposed to be a store of value.  When you have one you expect that someone will do something in exchange for it.  Every dollar the Fed prints makes your dollars worth less value.  So when they print a few hundred billion dollars and hand it over to whatever bank is best connected in Washington, you just payed some asshole’s $100 million bonus.  That’s why all the talk about “Wall St. versus Main St.” is such bull.  It’s the elected crooks in Washington who allow for this corruption.  Really, though, it’s the fools who elect crooks into office.


Keep printing, let's get this thing to zero!