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Politics versus gold
Thomas Sowell
Posted: September 28, 2010
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Inflation is a quiet but effective way for the government to transfer resources from the people to itself, without raising taxes. A hundred dollar bill would buy less in 1998 than a $20 bill would buy in the 1960s. This means that anyone who kept his money in a safe over those years would have lost 80 percent of its value, because no safe can keep your money safe from politicians who control the printing presses.
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“We, The People”, aka the Sheeple, are SO dumb. It’s a miracle that the species survives. It’s the meme of Gooferment that kills more than any disease, impoverishes us, and sets brother against brother over trivialities.
Argh!
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Reinke Faces Life 