What does the data tell you about inflationary expectations and a wage price spiral?
Compare the inflation, unemployment, and GDP growth rates during the 1970s, 1980s, and the 1990s.?business loan
What those numbers don%26#039;t tell you is that the whole system is rigged. There is no such thing as %26quot;inflation.%26quot; There is only %26quot;deflation.%26quot; That is, the value of goods and services have remained constant. One gold coin today has the same value as one gold coin 2,000 years ago. One ton of steel has the same value as one ton of steel did 100 years ago.
What has changed is our currency. While the value or price of goods and services have remained unchanged the value of our currency has declined. The dollar today is only worth 1.4 cents compared to what it was in 1913. The value of our currency has become deflated which provides the illusion of rising value of goods and services. An ounce of gold is still worth what it was 2,000 years ago. But with our currency as it goes down in value it takes more money to buy that same ounce of gold.
The currency is rigged through the Federal Reserve System, which is a private bank. The Fed prints money that is backed by nothing more than debt. They use debt to back every dollar that is out there and use the fractional reserve system to create more currency then there are goods. The more currency that is in circulation against the amount of goods available the less valuable our currency is.
I would suggest watching a few videos for more information.
Money as Debt
http://video.google.com/videoplay?docid=...
Fiat Empire
http://video.google.com/videoplay?docid=...
Money Masters
http://video.google.com/videoplay?docid=...
America: Freedom to Fascism
http://video.google.com/videoplay?docid=...
Compare the inflation, unemployment, and GDP growth rates during the 1970s, 1980s, and the 1990s.?
loan
I know what it means to me. What does it mean to you?
Look at the housing market today.|||Okay enough beating around the bush. what? doom? are we finished finally this time. greenspan indicated the reported inflation situation was a lie. my grocery bill is jumping every week like the gas pump. what is going on? will inflation just rain down one day in the next few months. should whoever set up a financial situation like you are hinting at be hanged outright? beside taxpayers who can be hang!!!!!!
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