Posts tagged dollars

Inflation For Dummies

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The topic of inflation seems to be a difficult one for many to grasp.  Many do not follow economic cycles, rising market booms and the predictable busts that follow, fiat currency and the constant devaluation of the US dollar by the privately owned Federal Reserve banking cartel.  Understood, as we are too busy to deal with the financial world while busy working 10 hours a day for 7 hours of wage, taking care of a family, keeping the car running, walking the dog and finding the almighty TV remote hidden behind the jumbo sized box of Twinkies (now a collectors item!).

One simple to understand example should at least cover the basics of inflation.  Remember, we buy the stuff we need with US printed dollars, which is physically worth nothing, but, okay, backing up.  If a farmer grew apples and you fixed cars you could trade your services for the farmers goods, barter, but, backing up.

Bottom line, if you used cats as currency and wanted to purchase a loaf of bread yesterday and then wanted to purchase another loaf tomorrow this is how much cat you would need.

Amount of cat needed for 1 loaf of bread in 2006.

 

Amount of cat needed for 1 loaf of bread in 2013. (Same cat… same loaf of bread, yup, same desk chair)

 

Mischief did not get older, just more “inflated”. Restore the free market and End The FED!

 

Disclaimer: Prices vary per market location.  Cat tolerances are ± 0.5″ length, ± 0.25″ width, adjusted for camera angle and relative humidity per photo.  Past drought conditions not factored in for potential wheat damage AFFECTING BREAD PRICES, etc.

Network – The Illuminati Globalist View Of The World

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Thanks to patrick gandy (@shineing)

YouTube Preview Image

http://www.youtube.com/watch?v=5B1uF9gmkVw&feature=youtu.be

 

The Nation: Why Do GOP Bosses Fear Ron Paul?

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Source: http://www.npr.org

by John Nichols

Jewel Samad /AFP/Getty Images In Paul We Trust? A supporter shows a coin with Republican presidential hopeful Ron Paul's face on it during a town hall meeting in Mt. Pleasant, Iowa, on Dec. 21, 2011.

John Nichols is the author of several books that examine the legacy of old-right conservatives such as Taft and Buffett, including Against the Beast: A Documentary History of American Opposition to Empire.

Ron Paul represents the ideology that Republican insiders most fear: conservatism.

Not the corrupt, inside-the-beltway construct that goes by that name, but actual conservatism.

And if he wins the Iowa Republican Caucus vote on January 3—a real, though far from certain, prospect—the party bosses will have to do everything in their power to prevent Paul from reasserting the values of the “old-right” Republicans who once stood, steadily and without apology, in opposition to wars of whim and assaults on individual liberty.

Make no mistake, the party bosses are horrified at the notion that a genuine conservative might grab the Iowa headlines from the false prophets. Already, they are claiming a Paul win won’t mean anything. If Paul prevails, says Iowa Governor Terry Branstad, “People are going to look at who comes in second and who comes in third. If [Mitt] Romney comes in a strong second, it definitely helps him going into New Hampshire and the other states.”

The party’s amen corner in the media is doing its part. Republican-insider radio and television programs have begun to go after Paul, the veteran congressman from Texas who is either leading or near the top in recent polls of likely caucus goers. Rush Limbaugh ridicules Paul on his radio show, while Sean Hannity’s Fox show has become a nightly Paul-bashing fest, with guests like former Education Secretary Bill Bennett trashing the congressman with lines like: “his notion of foreign policy is impossible.”

Actually, Paul’s notion of foreign policy is in line with that of conservatives used to believe. The congressman is often referred to as a libertarian, and he has certainly toiled some in that ideological vineyard. But the truth is that his politics descend directly from those of former Ohio Senator Robert “Mr. Republican” Taft and former Nebraska Congressman Howard Buffett—old-right opponents of war and empire who served in the Congress in the 1940s and 1950s and who, in Taft’s case, mounted credible bids for the party’s presidential nomination in 1940, 1948 and finally in 1952. In all three campaigns, Taft opposed what he described as the “Eastern establishment” of the party—the Wall Streeters who, he pointedly noted, had little in common with Main Streeters.

Taft was a steady foe of American interventionism abroad, arguing very much as Paul does today that it threatens domestic liberty. Indeed, just as Paul joined US Senator Russ Feingold in opposing the Patriot Act, spying on Americans and threats to freedom of speech and assembly in the first days of what would become an open-ended “war on terror,” so Taft warned during the cold war that “criticism in a time of war is essential to the maintenance of any kind of democratic government.”

“The maintenance of the right of criticism in the long run will do the country…more good than it will do the enemy,” explained Taft, who challenged President Truman’s attempts to use war powers as an excuse to seize domestic industries and otherwise expand what Dwight Eisenhower would eventually define as the military-industrial complex.

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