by Al Benson Jr.
Years ago I can remember hearing a rather sickening radio commercial that informed the public that "inflation is really all their fault." After laying his little guilt trip on an unsuspecting public the speaker proceeded to tell them how they could redeem themselves and thus be purged of the gross sin of "inflationary living." What they needed to do, immediately if not sooner, is to sit down at the kitchen table, write to some address in Pueblo, Colorado and send for this booklet that would tell them how to stop contributing to the nation's inflation rate. If the whole thing had not been such total hogwash it might almost have been laughable. As it was, the commercial stood as a classic piece of misinformation!
For years various government "economists" (who were mostly socialists) and other "experts" have sought to fill our heads with the rubbish that inflation is our fault because "we are all too greedy." In other words, if a man works overtime on Saturdays or evenings to help feed his family, then he's greedy. The fact that he may need the extra income to help put food on the table or pay his utility bills is not worth mentioning. Just remind him that he's contributing to inflation by working all those extra hours. So all of you all out there that have worked extra hours over the years to help provide your families with more than just the bare necessities had better quit that extra job. Learn to be satisfied with the bare minimum and just watch that inflation rate plummet! So said the government "experts" years ago. Now, we have an economy that our Exalted Ruler tells us is really booming, and he tells us how much he loves the middle class (just a slight prevarication there). Lots of folks can't get work, or if they do get it, it's part time and not full time, and the inflation rate, thanks to his reckless borrowing for his "stimulus packages" has gone through the roof. I haven't seen too many commercials of late telling the public that they are the main problem when it comes to inflation, probably because after six years of the "Great One" being in the White House, anyone who dared to put out such a commercial would be stoned. But they find other ways to lie to us. They continue to spit in our faces and tell us that it's dew.
What the monetary "experts" have been expert at NOT telling us is that, in reality, it is not those of us who work for a living that cause inflation. Rather it is our unsound and ungodly money system, operated not for the public good, but rather operated for the tax free profit of the bankers that control the FEDERAL RESERVE SYSTEM, that is the real culprit.
Indeed, the highly questionable odor of Federal Reserve practices became so obnoxious several years ago that the Committee on Banking and Currency in the House of Representatives even held hearings on the situation. Dr. Russell Lee Norburn, testifying before the Subcommittee on Domestic Finance, stated the following: "The result of 50 years shows that our present monetary system is merely a finesse for perpetuating financiers dedicated to maintaining the status quo instead of the public good." In plain language that meant that the Fed bankers couldn't have cared less about what happened to you or the country as long as they got their financial pound of flesh! Dr. Norburn told people that Federal Reserve manipulation of gold, bank credit, and Federal Reserve notes had resulted in gigantic exploitation of both government and people. In other word, folks, we've been had.
With no fast standard of gold or silver to stand in back of the debt-notes we've been conditioned to call money, the bankers can have a field day and you know by now who pays for it all--you do, you lucky stiff! This is the kind of information that Ron Paul tried for decades to get out to people and it's why he so strongly sought to have the Fed audited. Whether many agree or disagree with some of what he did, he understood the bankers and what they were doing to us and the country, and when he ran for president, the ruling elite in both parties who play footsie with the bankers had to make sure he never got close to the White House even though he did have a legitimate chance, had not his own party leadership played the part of the Judas Goat.
Gold and silver are real money. Paper is not. A return to currency redeemable in gold or silver is the very least we should do--but don't hold your breath. Supposedly now that the Republicans have taken back Congress, conservatism will rule. This ruse will fool lots of people and they will go back to sleep, but don't let it fool you. Nothing has changed except the name of the party supposedly running things, and seeing that the Council on Foreign Relations has its tentacles strongly into both parties, nothing will change unless they, for some reason, want it to.
In regard to all this, it would be interesting to see what some of your kids have for economics books in public schools. I'd be willing to be they parrot the "party line" rather than giving the kids any real truth.