Inflation and Debt – Stealing People’s Wealth

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Through the effects of a hidden tax called “inflation” (i.e. monetary theft by deception), the American economy is intentionally being destroyed from within and its people are being forced into servitude.

“Leadership” of both political parties (democratic and republican) have stolen the wealth of their citizens. More and more officials are enjoying “engineered theft”, including presidents, senators and Congressional representatives, governors, and judges. Bankers (international or trans­national) and the leadership of the American Bar Association play the controlling and directing roles, staying mostly in background shadows under various levels of concealment.

From the shadows, they direct the more openly greedy operators like the rapacious debt collectors. All participate in confiscating the real wealth of the American people through “inflation” and debt.

Inflation: Engineered Debt/Theft

Government-sanctioned monetary theft by deception is being instituted on a scale the world has never seen. If the cause of inflation were understood by the people, then totalitarian, socialistic government would be unattainable. This ruthless theft is not an accident! President Franklin D. Roosevelt stated,

“If it happens in politics you can bet that it did not happen by accident”.

Through governmental control of education, the true meaning of inflation over the years has been mistaught. Erroneously, people define inflation as a “general rise in prices”. A “general rise in prices” is the result – not the cause- of inflation. Others “define” inflation as…

– labor unions pressuring higher wages

– oil/gas prices

– automobile price increases

– greed

Inflation, Debt and Elected Officials

Elected officials …

1) promise not to raise taxes (gaining office by your vote)

2) then vote to increase federal debt (gaining your wealth by their vote).

Federal debt redistributes your wealth into their pockets via taxation/inflation. Given the current definition of inflation, who even thinks to blame politicians and bankers as the cause of inflation? The real inflation creators lie among elected officials –Presidents, Senators, Congressional Representatives, Federal Reserve corporate networks, and community bankers (using debt collectors as enforcement).

Inflation, Banking, Debt and John Maynard Keynes

John Maynard Keynes (pronounced “Kanes”) was a self-avowed socialist who served as economic advisor to presidents, prime ministers, and even dictators. Keynes explained the negative effects of inflation in his book, “Economic Consequences of the Peace.” On page 235, Keynes wrote:

“By a continuous process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method, they not only confiscate, but they confiscate arbitrarily; and while the process impoverishes many, it actually enriches some. The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million can diagnose.”

John Maynard Keynes was called “the father of deficit spending.” He advocated the absurd notion that governments could spend themselves into prosperity by going into debt. Keynes’ tragic economic theory actually helped conceal the inadequacies in the intentionally fatally-flawed Federal Reserve Banking System.

The Federal Reserve Banking System is directly responsible for the national debt of the United States and all other capitalist societies following Keynesian theory. Our national debt can never be “paid off” with current monetary debt instruments (Federal Reserve notes and bankers’ created ledger, or checkbook, money).

In 1967, Alan Greenspan, former chairman of the Federal Reserve Banking System, understood inflation in his “Gold and Economic Freedom”:

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept cheeks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.

Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. Gold is a protector of property rights. This accounts for the statists’ hatred toward the gold standard.

The money elite control governments by creating and controlling debt. The old proverb, “The borrower is slave to the lender”, still holds. The United States Corporate Government has spent itself into a democratic-socialistic system while the American people slept. (The United States became a “for-profit” federal corporation. See 28 USC §3002(15)(A) for definition of “United States” as a federal corporation.)

Inflation Finances Tyranny through Debt Theft

Influential political scientists supported the change in the definition of inflation to conceal corrupt activities. If that hadn’t happened, citizens would’ve realized that politicians and banking officials were the real culprits creating inflation. People would demand honest banking reform back to the gold-silver standard of our Founders.

The only logical value for Keynes’ views is Keynes’ own explanation: By using this hidden tax called “inflation,” “that not one man in a million can diagnose”, governments and bankers (the current Administration is loaded with bankers) are able to secretly confiscate the people’s wealth by devaluing people’s assets (pension accounts, saving accounts, insurance payments) and decreasing the purchasing power of paychecks, stocks, bonds.

The bankers and their debt collector allies will keep plundering. Why not? Who’s stopping them? Either Americans legally repudiate debt structure, including inflation, returning to honest money or America will live in tents, as the rapacious, privileged few gain power through the politico-economic “engineered deceit” called inflation



Source by Mickey Paoletta