It's my opinion that we don't have inflation per se, but that there's a growing gap between essential services and non-essential services to the point that we have to jam in all of those useless services in the lower dollar bracket to make them affordable. Tanning vs dental appointment. A dollar used to go a long way, but now there are thousands of junk foods, video games, magazines that get in the way and millions of jobs get exported to China. So there's all this money to go around but in less hands, and that money goes to less useful causes. Just an opinion. I think gasoline is that meter stick. Where a liter costs 1.25-1.35, hundreds of other things below that price point have to be enumerated and it wouldn't be possible to make those things worth 0.25 of a cent. I think that the money supply is expanding and low-cost items have to be crammed into the below one dollar range to give them a market.
Lol, end rant.
As to legal tender PMs: Think about this. The US Constitution gives the states a monopoly on the issuance of money, which is an argument against central banks. There would also be an imbalance between the states and their capacity to issue PMs as money. Paper money CAN work, but only when there are strong audits and a given value placed on goods and services. Unfortunately, I think that the mass media plays a huge part in the problem because they have the power to control your mind and make you believe that you should buy certain products that ultimately do nothing for your soul.
Personally, I think that America is not ready to come down from its high that is the American Dream. The media must change for the better. There must be free access and wide availability to tv stations to produce grass-roots programming. The internet must never be censored. What is needed is good educational tools to bring the message home that the financial system is corrupted and the reasons behind it.
Lol, end rant.
As to legal tender PMs: Think about this. The US Constitution gives the states a monopoly on the issuance of money, which is an argument against central banks. There would also be an imbalance between the states and their capacity to issue PMs as money. Paper money CAN work, but only when there are strong audits and a given value placed on goods and services. Unfortunately, I think that the mass media plays a huge part in the problem because they have the power to control your mind and make you believe that you should buy certain products that ultimately do nothing for your soul.
Personally, I think that America is not ready to come down from its high that is the American Dream. The media must change for the better. There must be free access and wide availability to tv stations to produce grass-roots programming. The internet must never be censored. What is needed is good educational tools to bring the message home that the financial system is corrupted and the reasons behind it.
Edited by Libertad
05/05/2013 1:07 pm
05/05/2013 1:07 pm


















