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<blockquote data-quote="wkmac" data-source="post: 861798" data-attributes="member: 2189"><p>Absolutely but it's also a major factor in poverty as the poor try and work up the ladder and inflation only lengthens the steps as time goes by. With no inflation, hardwork makes savings stronger in a storehouse of value and encourages more work to achieve a greater end towards wealth. The natural savings rate goes up because savings is actually rewarded and not chopped off at the legs either by inflation or interest rate manipulation. </p><p></p><p>I find it funny the people who claim to defend the poor against the rich never realize how the intervention of the state in the economy coupled with fiat currency and inflation actually tilts the economy towards an oligarchy and actually defends that system by calling for a even stronger statist system. De-coupling the state from privileged capitalism eg crony capitalism and opening up the vastly broad free market where even capital itself is created locally and not centrally controlled at the top, yes I mean locally created currency too, breaks the capital monopoly cartel and opens up the dynamics of a strong middle class and an economy where even labor itself sits as an equal to capital and land as the 3 factors of production. When any one factor becomes tilted, especially by state intervention, the laws of economics become twisted and the unintended consequences flood out everywhere with the after effects of mis-allocation of wealth resources. The resources are stripped out of the local economies by the central planning models and shifted to gov't partners leaving mainstreet to fight itself over what little resource happens to remain. Make matters worse is taking these resources abroad to build greater wealth generators for the oligarches and their <a href="http://en.wikipedia.org/wiki/Familiar_spirit#Vampires" target="_blank"><span style="color: #ff0000">familiars </span></a>while holding positions of power and throwing what amounts to crumbs from the table to the masses under the illusion of some public good.</p><p></p><p>Everything is so twisted now we can't even see <a href="http://www.economicpolicyjournal.com/2011/07/swamp-monster-disses-ron-paul.html" target="_blank"><span style="color: #ff0000">how the gov't works against us in the credit market.</span></a></p><p></p><p>This is all boiling down too, <a href="http://c4ss.org/content/7884" target="_blank"><span style="color: #ff0000">Why We Fight!</span></a></p><p></p><p>Expect Us!</p></blockquote><p></p>
[QUOTE="wkmac, post: 861798, member: 2189"] Absolutely but it's also a major factor in poverty as the poor try and work up the ladder and inflation only lengthens the steps as time goes by. With no inflation, hardwork makes savings stronger in a storehouse of value and encourages more work to achieve a greater end towards wealth. The natural savings rate goes up because savings is actually rewarded and not chopped off at the legs either by inflation or interest rate manipulation. I find it funny the people who claim to defend the poor against the rich never realize how the intervention of the state in the economy coupled with fiat currency and inflation actually tilts the economy towards an oligarchy and actually defends that system by calling for a even stronger statist system. De-coupling the state from privileged capitalism eg crony capitalism and opening up the vastly broad free market where even capital itself is created locally and not centrally controlled at the top, yes I mean locally created currency too, breaks the capital monopoly cartel and opens up the dynamics of a strong middle class and an economy where even labor itself sits as an equal to capital and land as the 3 factors of production. When any one factor becomes tilted, especially by state intervention, the laws of economics become twisted and the unintended consequences flood out everywhere with the after effects of mis-allocation of wealth resources. The resources are stripped out of the local economies by the central planning models and shifted to gov't partners leaving mainstreet to fight itself over what little resource happens to remain. Make matters worse is taking these resources abroad to build greater wealth generators for the oligarches and their [URL="http://en.wikipedia.org/wiki/Familiar_spirit#Vampires"][COLOR=#ff0000]familiars [/COLOR][/URL]while holding positions of power and throwing what amounts to crumbs from the table to the masses under the illusion of some public good. Everything is so twisted now we can't even see [URL="http://www.economicpolicyjournal.com/2011/07/swamp-monster-disses-ron-paul.html"][COLOR=#ff0000]how the gov't works against us in the credit market.[/COLOR][/URL] This is all boiling down too, [URL="http://c4ss.org/content/7884"][COLOR=#ff0000]Why We Fight![/COLOR][/URL] Expect Us! [/QUOTE]
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