'6 Reasons for Hyperinflation'

Hat tip to That Mr. G Guy's Blog.

'Your Silver Has Become Dross'

From Godfather Politics:

There was a time in our nation’s history (not long ago) when goods were purchased with gold and silver coins, or paper dollars that could be redeemed in gold and silver (gold and silver certificates representing owner‑ or bank‑held gold and silver). Gold coinage ceased in 1934 by governmental decree. The mints produced the last silver dollars in 1935; silver quarters, half‑dollars, and dimes were discontinued for general circulation in 1965.
The poor usually are the first affected by the debasement of money because they receive the ability to purchase goods when the effects of inflation already have ravaged the economy. The poor may be unemployed or hold low paying jobs with little or no increases in salary. If inflation increases 10‑15% per year and wages only 2‑5%, a reduction in purchasing power results. Of course, those not able to work or dependent on charity, experience an even more grievous condition. The Bible maintains that inflation has its greatest effects on widows and orphans:

“Your silver has become dross, your drink diluted with water. Your rulers are rebels, and companions of thieves; every one loves a bribe, and chases after rewards. They do not defend the orphan, nor does the widow’s plea come before them” (Isaiah 1:22–23).

The very policies instituted by politicians to help the poor created the massive debt that now has turned on the poor and made them even more dependent upon government assistance. To deliver the promised programs of prosperity, the federal government took our nation off the gold standard and inflated the dollar with more and more paper “currency,” since the gold standard prohibited our political leaders from tampering with the money supply.
When the official protector of weights and measures, the civil magistrate, disregards commandments regarding sound money, what stops the general populace from gouging the poor as well?

Isaiah 1:22-23 really hits the nail on the head where our government is concerned.How things change but they really stay the same.

Again,who is the ONLY candidate that supports sound money?Yes,you would be right,Ron Paul.

'Lies, Damn Lies & Government Statistics: How Bureaucrats Use Numbers To Manipulate Us'

Government statics are nothing more than a shell game.We are told that the unemployment rate is falling,but we find out that less than 2/3rds of working aged Americans are actually employed.Something just doesn't smell right.

Real Inflation 'Up Some 8%'

From CBS Money Watch:

Forget the modest 3.1 percent rise in the Consumer Price Index, the government's widely used measure of inflation. Everyday prices are up some 8 percent over the past year, according to the American Institute for Economic Research.

The not-for-profit research group measures inflation without looking at the big, one-time purchases that can skew the numbers. That means they don't look at the price of houses, furniture, appliances, cars, or computers. Instead, AIER focuses on Americans' typical daily purchases, such as food, gasoline, child care, prescription drugs, phone and television service, and other household products.
The institute contends that to get a good read on inflation's "sticker shock" effect, you must look at the cost of goods that the average household buys at least once a month and factor in only the kinds of expenses that are subject to change. That, too, eliminates the cost of housing because when you finance your home with a fixed-rate mortgage, that expense remains constant until you refinance or move.

This is part of the shell game the Federal government plays with us.They measure inflation through purchases we may make once every few years,or as in the case of home purchases,maybe once in a lifetime.This is not only crazy,but also deceitful.

The reason for this deceit is all for the purpose of trying to keep our out of control Federal budget in the same universe as we are in.If our government used an honest method to measure inflation,entitlement spending would go through the roof,because entitlement spending is tied directly to the rate of inflation.

'U. S. Dollar Is Now Worth 3.8 Cents'

Via Free North Carolina: