PreviewThe people shape their own destiny
-- either as free people or as slaves.

If they remain self-reliant, they stay free.
Ever expanding state power destroys lives.

Government panacea is a defective idea.
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Friday, April 29, 2011

Grandmother is eating dogfood.

Due to inflation, all Grandmother can afford is dogfood.

Someone used inflation to sneak into Grandmother's banking account and stole all the value of grandmother's life saving. weirdly, the number of dollars remains the same -- the value of the dollars is being stolen.

But at least we know who that someone is --- Obama & Co, and their inflation making policies.


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

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