One of the greatest monetary historians we have, Mike Maloney, calls the CPI (consumer price index) the “CP-Lie.”
And for good reason. The government has been lying to you about inflation for years and obfuscating their wealth transfer from you, to them.
Government can’t pay off its debts. It spends more than it takes in.
So, taxes will HAVE to rise moving forward along with property taxes, etc..
Governments need cash and the biggest way they will do it is through the “stealth tax” known commonly as inflation.
This is a tax that people eagerly sign up for through entitlement programs, gimmie/stimmie boondoggles, and other government clap traps.
SPOILER ALERT: All of those giveaways must be paid for somehow.
The United States has enjoyed exorbitant privilege for decades because of the dollar being the world reserve currency, but the end of that runway is quickly approaching.
Between massive debt piling up, other investors and countries not being able to assume a stable United States or know if their reserves will be frozen:
More and more people are leaving the dollar:
When they ditch them, all those dollars all come home to roost in the United States creating an ever larger pool of dollars here.
Inevitably this drives up inflation even further, when you add it on top of your normal every day currency printing and fractional reserve lending.
DON’T BELIEVE ME?
The government used to track inflation 40 years ago through a simple measurement they have now jerryrigged over and again to hide their shenanigans.
This is because in 1971 President Nixon decoupled our dollar from gold, true money.
Since then, the government can print in to oblivion because they are bound by nothing and have to continually shuffle the decks and confuse the citizenry.
Here is the difference. Back in the day inflation used to capture everything or damn near it.
They have continually stripped away different measurements out of the basket so as to cover their tracks and not show the public the actual cost of life.
This is so government can continue indebting you and your children, because that’s all currency printing is; stealing prosperity out of the future from our children. (Remember, we don’t care about kids anyway because we’re willing to kill them in the womb so indebting them is not that big of a deal.)
According to the Census Bureau a child born in 2021 owed $66,874 immediately upon arrival. HAPPY BIRTHDAY!!!
This is how the government fools you into thinking that they are the fire fighter.
Now you know that they are truly the arson and who you elect in to power has an incredibly high correlation to the amount of freedom, liberty, and wealth you have in your life.
These lizards work for us not the other way around.
Our founders knew that and wrote our founding documents accordingly.
We have all let that power run unchecked and not upheld our end of the bargain of being an informed and engaged citizenry.
All the way from local elections on up to the presidency.
We are reaping what we have sown.
That time to change is now so we can stop crushing ourselves under mountains of debt and having children born into slavery and servitude.
Stay strong,
Brandon
Ps. Please let me know your thoughts on breaking down huge investing topics in to bite-size manageable lessons we have done this week? I am planning to do much more content like this but would like to know your feedback of what you would like to see?