The Constitution is under attack and We (The People ) are it's last line of Defense

That's a completely backward understanding of any economic theory.

Inflation hurts the poor the most. Why? Because wages always lag significantly behind prices. And the less you earn, the further down the totem pole you are, the longer the lag.

So yeah have fun paying $7 a gallon of gas while wages are still $7.15 an hour.

Also when they fire up the printing press, who gets that new money first? Whoever gets the new money first doesn't have to deal with the effects of inflation, e.g. the higher prices. Its only when the new money starts to get circulated that everyone else's money slowly starts to lose value. Every subsequent receiver of the new money has its value reduced.

To answer the question I posed, its the rich corporate and special interests that get newly created first, as they are at the top of the pyramid. More importantly the rich have ability and knowhow to diversify their wealth in various assets that protect it from inflation.

Keep hating poor though.

It just toped 3 dollars here on the central Oregon coast. Alcohol could be gasoline. I hear Comfrey is a excellent crop.

The compressed air car! I love it. Currently safety regulations are keeping this car out of the U.S. oh, and the oil lobby. Did you catch part 2?

I have not kept up either. I hate being pissed all the time.

the same can be said for paper money

its shiny :)

TLDW

wish i could up' it five more times......

Unfortunately the pyramid scheme is currently working. Gold keeps going up because more people jump on board.

http://chris-gavin.com/archives/1862

The monkey analogy seems better suited toward religion rather than politics.

Good eye, Unfortunately it applies to the way many institutions have treated the public

now is the time to sell gold if you already got it....they need buyers (cough suckers cough)

agreed..... better sell soon before it's worth nothing again.

investing in a well stocked pantry, say with a 6 month supply of food is a better investment

And the New World Order will rule.

"The poor's money will be so devalued , they will have to be subservient to the government for assistance in order to survive." - You mean kind of like... Now?

so is making time and search engines ;)

Great work and posting, Thanks

I'd watch it if it were actually interesting.

youre always a delite