Tag Archives: purchasing power
WHY DOES EVERYTHING COST SO MUCH? SCHIFF EXPLAINS
The simple answer is, of course, inflation. The powers that be are trying to convince us that inflation is a good thing, a healthy thing, as Peter Schiff notes here: “It is no accident that the concept of ‘inflation’ has … Continue reading
Posted in "supply and demand", Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Iran, minimum wage, Price, Price-fixing, QE unlimited, Redistribution, Uncategorized, Wage slavery, Wages, Wealth transfer, ZIRP
Tagged Federal Reserve, fictional money, inflation, Michael Hudson, minimum wage, Peter Schiff, purchasing power, QE, ZIRP
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HOW TO WIN THE CLASS WAR WITHOUT FIRING A SHOT
Brilliant, dead-on analysis of the current state of play on the chessboard we call life by Chris Hedges at Truthdig–“Let’s Get This Class War Started“: “For every dollar that the wealthiest 0.1 percent amassed in 1980 they had an additional … Continue reading
Posted in class war, Debt, Debt Slavery, fiat currency, Financial Terrorism, self-issued currency
Tagged A Bug's Life, Chris Hedges, class war, control, fascism, Federal Reserve, fiat currency, intrinsic value, oligarchy, purchasing power, self-issued currency, The Air Standard, Truthdig
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