My people are destroyed for lack of knowledge."

Hosea 4:6

This short article will address the topic of

Inflation, its causes, the effects thereof, and

How to safeguard against it.

Do not fall victim to inflation, i.e., the

Government manipulation of your money. Let me

Explain.

I. What Causes Inflation

Have you ever heard of the Federal Reserve? Well

then you know what causes inflation. The "Fed" is

The engine of inflation, by self-admission. But

How can that be? you ask. The "Fed" is a branch

Of the federal government, no?

It is not. It is neither federal, nor are there

Any reserves - anywhere - to speak of. Time was,

When the American dollar was indeed as good as

Gold, for it was actually backed by gold. These

Days, the dollar is no more than a three cent

Piece of paper (the three cents includes the price

Of ink), worth anything only because our

Government says it is. This is to say, that the

Dollar has value due only to government's faith in

The people's ignorance, or, more accurately, the

People’s ignorance of their government's lack of

Faith.

The story of the Federal Reserve exemplifies this

Infidelity, the greatest fraud ever perpetrated on

The American people. Even the most cursory

Investigation will reveal that the "Fed" is a

Private corporation, a "cabal" of bankers, if you

Will. As with most corporations, it has

Shareholders - mostly foreign, in this case. This

Bears repeating: the controlling interest in the

Company known as the Federal Reserve is European.

And I thought we won the Revolutionary War (!)

Let us pause here. My dear reader will agree

That the aforementioned facts are cause for

Concern: of much import and gravitas, for you

Academic types. For the rest of us, it is a matter

Of everyday life, indeed, one of survival. Truth

Be told, and at the risk of sounding like a

Democrat, it is getting harder. Let's clear the

Air, and get down to brass tacks. Does your salary

Double every ten years? It had better, because the

Average price of a new car does. Clearly we are

Dealing with inflation here, and clearly

Government-given figures regarding inflation are,

Well, under inflated. What is not as obvious is

That there need not be inflation.

But first, a question: What is in your pocket at

This moment? Is it a one dollar bill?

Congratulations! You are one dollar in debt! Do

You perhaps have a twenty? Then you are twenty

Dollars in debt. For this is all that the dollar

Is no more than an instrument of debt? It is

Simply the federal government's obligation to the

Federal Reserve, with you - the American people -

Pledged as collateral.

Observe the back of a cancelled check from the

IRS: it will often state, "Pay any Federal Reserve

Bank, for debts incurred by the US Gob’s."

It works like this: a) government needs money to

Operate; b) government borrows money from private

Bank (Federal Reserve); c) private bank prints money

"Out of thin air"! (This is known as fractional

Reserve banking, the discussion of which is beyond

The scope of this article. But I urge the reader

To con

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