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Currency war
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Von WC Ohio
Posted 7/31/2020 05:42 (#8406398 - in reply to #8405028)
Subject: RE: You guys are nuts



A few threads/ links/ conversations /statements from some very fine previous discussions on monetary policies Reading various opinions on a subject hone critical thinking skills and allow one to become more knowledgeable if they are able to look at and discuss topics from multiple angles.

Others mileage may vary.



https://talk.newagtalk.com/forums/thread-view.asp?tid=844145
 

What Money Is

Money represents the hours of your life that you spent earning it. That’s the basic principle here. It represents concentrated life – all the things you want to have and do for yourself, and provide for others in the future.

When these people destroy the value of money, they’re destroying part of your life.

 The theft of one's labor is criminal and if we actually had the rule of law anymore it ought to be prosecuted. Instead we allow extraction and extortion schemes to take place and keep people in debt and to steal their labor. It's the same thing as slavery and financial serfdom but its touted as some genius economic theory.

 

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https://talk.newagtalk.com/forums/thread-view.asp?tid=667869

It's not so much that prices have increased as much as the money has been devalued so much.

Lets also not forget how monetary policy/Govt/ Fed Res works against saving for ones later years also.

People need to see that as they devalue the currency (which is the store of your hard physical labor) through printing, QE, emission of cheap credit, they are really stealing your hard labor from you with no compensation.

Lets call it what is. This is theft of labor (as measured by the devalued currency) which equals slavery whether monetarily or physically it's the same

Stealing labor is slavery to benefit a bloated govt. and banksters !

Until people stand up and demand that their labor is their own this is going to continue. 

The main purpose of a currency is to retain stored value. This allows you when young to save excess labor you are able to do quite easily for a time when you are old and perhaps are unable to work or wish to not work as hard as say when your 18.

Their "desired 2% inflation rate" is far from low and stable.

 Info below credited to Mr Denninger's post located here.

http://market-ticker.org/akcs-www?singlepost=3061646 

(Edit : I have posted this before but the article has now been removed from public view but I am still leaving the link to show proper attribution.)

 "The Fed Mandate is for stable prices, not 2% inflation.  Need I remind everyone that a 2% inflation target, if met over a 45 year working life (age 20 - 65) results in a price increase of 144%?

Of course the actual performance of The Fed historically is closer to 3% inflation.  That's a 278% inflation over the same 45 years.

Put another way if you earned $1 in purchasing power at age 20 and saved that dollar, you have about 35 cents left at age 65.

And this is Bernanke's intent."

These monetary policies silently steal from all of us on a grand scale and it is all done intentionally to give the appearance that all is well when it is certainly anything but.

 

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https://talk.newagtalk.com/forums/thread-view.asp?tid=749391

The entire Federal Reserve system has extracted and stolen peoples life long labors for over 100 years.

The natural tendency is towards slight deflation.TV's computers,phones etc gradually come down in price as technology advances and productivity increases this is supposed to be a good thing and is supposed to benefit the working people. It allows them to buy more product with fewer dollars with their hard earned money. However with easy credit and the QE policies the Fed is actually stealing the economic and productivity gains from the citizens in 2 ways.  While products are cheaper to buy the citizens money is worth less so they still end up paying more in real stable dollars. They steal the value of the money AND the productivity gains on top of it.

Another more sinister effect also occurs.In the case of assets such as land, homes and stocks a 3rd form of theft is readily apparent. Massive ramp ups in valuations of these items is done through devaluation of the dollar and stealing the productivity gains and efficiencies all along the way. These translate into inflated asset prices, which when one sells or hopes to profit by to recapture some of the stolen efficiency/productivity gains there stands the Govt. again with it's hand out to collect ever higher taxes based on imaginary gains that they themselves created. Edit: lets not also forget in the case of land the higher real estate taxes all along the way. Just ask those in Nebraska how those inflated land prices are crushing them via higher property taxes. They have stolen the value of the money (ie your hard labor) all through your lifetime, reduced the buying power of the money you were able to acquire, and then when you hope to capitalize on a little bit of your life's work they confiscate even more based on imaginary gains of their own creation.  

Everyone seems to hate deflation but the dual mandate of the FED was supposed to be low unemployment and stable prices.

People need to see that as they devalue the currency (which is the store of your hard physical labor) They are really stealing your hard labor from you with no compensation.

Lets call it what is. This is theft of labor (as measured by the devalued currency) which equals slavery whether monetarily or physically it's the same.

 

 

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https://talk.newagtalk.com/forums/thread-view.asp?tid=440530

The natural tendency is towards slight deflation. This is good and something every person is actually for. Why else do people flock to Wal Mart for the best deals on a TV or a Computer or DVD player, a phone or weekly groceries.They are seeking out the best and lowest prices which are a natural result of deflation due to increased productivity and efficiencies that happen over time and looking to get the most bang for their hard earned buck. 

From previous posts in these threads I made on AgTalk which is basically the same as what is below.

http://talk.newagtalk.com/forums/thread-view.asp?tid=427912

http://talk.newagtalk.com/forums/thread-view.asp?tid=349791

 TV's computers,phones etc gradually come down in price as technology advances and productivity increases this is supposed to be a good thing and is supposed to benefit the working people. It allows them to buy more product with fewer dollars with their hard earned money. However with easy credit and the QE policies the Fed is actually stealing the economic and productivity gains from the citizens in 2 ways. While products are cheaper to buy the citizens money is worth less so they still end up paying more in real stable dollars. They steal the value of the money AND the productivity gains on top of it.

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