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Wednesday, March 14, 2012

GOVERNMENT LIES AND INFLATION - COMMENTARY FROM MR. J

He left office in January, 1980, and then the government got smart and removed food and energy costs its calculated CPI. So, now inflation can go up significantly and the bureaucrats can tell us, "no, it hasn't." Why do we put up with this deception and so many others?

Remember what that REALLY SMART Founding Father Thomas Jefferson warned us, more than 200 years ago.......

"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." Thomas Jefferson, Letter 1802 to Secretary of the Treasury, Albert Gallatin



U.S. Inflation Rate Three Times Higher Than Government Data!


The government pretends that Americans won't face dangerous inflation in 2012. The facts show otherwise.

In March CBS News reported, "Forget the modest 3.1 percent rise in the February 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.

Prices are rising much faster than wages by any standard, except official government data, which is almost universally disputed as reflecting true cost of living increases.

Can official government statistics be trusted? Not according to John Williams at Shadowstats.com, whose alternative inflation index shows costs rising three times higher than "official" rates.

Since 1980, the Bureau of Labor Statistics (BLS) has changed the way it calculates the Consumer Price Index (CPI) in order to account for the substitution of products, improvements in quality and other things. Recalculating the BLS data without the methodological changes reveals inflation to be at a 10.5 percent rate and getting worse, according to Shadowstats.com.

Following the Great Depression Economic Playbook?

“The reality is that we are following virtually the same economic playbook as we did 80 years ago in dealing with the Great Depression, which resulted in a false recovery, followed by the most painful contraction in U.S. history with a 25% unemployment rate,” says Craig R. Smith, author of Crashing the Dollar and The Inflation Deception.

“In 1929 we decided to borrow, print and spend money that we did not have in order to prompt a 'recovery.' It didn't work then and it will not work now. In my opinion it is going to take not only a credit downgrade, but the potential loss of the U.S. Dollar's Global Reserve Currency status before the proper decisions are made to address the underlying problems."

"Get ready to have the value of your time, labor and dollar assets also headed for a major downgrade!” says Smith.

What this means to consumers is scary indeed. We are on a trajectory to crush the middle class within five years unless urgent, decisive action is taken now. The traditional safety net of home equity today no longer exists.

To help Americans grasp the urgency and gravity of our present situation Mr. Smith has written an easy-to-read White Paper and is now offering YOU a free copy to read before it is too late.

Government's Sneaky Uses of Inflation Exposed Here

Most of us have been deceived into thinking that high inflation is the inadvertent by-product of misguided or unlucky government policies.

As Mr. Smith's White Paper will show you, inflation IS the government policy. The approaching tidal wave has been deliberately set in motion. This investigation will show you how and why.

Rising commodity prices are just the warning signs of hidden forces driving the fast-approaching inflation tsunami.

Beneath the surface, inflation is being used as a government tool for: 1) helping political friends and harming enemies, 2) advancing an ideology, 3) secret taxation, here and abroad, 4) social engineering, 5) wealth redistribution, and ultimately 6) absolute power.



Most of us have been deceived into thinking that high inflation is the inadvertent by-product of misguided or unlucky government policies.

As Mr. Smith's White Paper will show you, inflation IS the government policy. The approaching tidal wave has been deliberately set in motion. This investigation will show you how and why.

Rising commodity prices are just the warning signs of hidden forces driving the fast-approaching inflation tsunami.

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