- Jan 17, 2010
- Reaction score
- New Jersey
Wednesday, January 22, 2014 23:13
Inflation is caused by one thing and one thing only. When the Federal Reserve, which is a privately owned and operated business, prints paper money that has no gold backing it to give it any real value, the scam is immediately reflected in the amount of purchasing power of a nations currency in circulation. The chart above is not precisely to scale, but you get a very good idea of what has been happening since the US was taken off the gold standard decades ago. This is why a loaf of bread no longer costs a nickel. No other cause raises prices, which some find surprising. Just think of how many trillions of dollars of worthless paper has been printed by the US Federal reserve to increase the price of bread to well over 1 dollar today.
Prepare for Skyrocketing Hyper-Inflation ~ By Greg Giles | Alternative