U.S Media Refuses To Acknowledge ThE Government Creates Consumer Price Inflation: America’s wealthiest agriculture family has gotten even richer here’s why – April 10, 2022,
One of the terms that are being widely used in the modern era is “Fiat Money” which is the short form for rule by fiat money, ruling by fiat equates to a decree by the government or ruling powers, that these pieces of paper or these digital digits are money. So when you hear the words “food prices skyrocketing” you should automatically know that the prices are rising because of the GOVERNMENT.
Ofcourse the average person doesn’t understand this, it’s crazy to read comments from people on social media who haven’t a clue as to what’s going on and this is often why inflation is blamed on the Private Sector. Don’t imagine this to be a Liberal, Conservative, Left vs. Right problem, because it’s not, it’s a financial education problem.
Because the average person doesn’t have any financial education, whenever “journalists”, opinion writers, or propagandists want to sell a message, they merely present a narrative that you’ll often find in Hollywood movies in which some rich people IN THE PRIVATE SECTOR are behind all the destruction of humanity. This fraudulent message sells, and all people like me can do about it, is try to clarify who causes inflation.
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First and foremost the article I point to below is based on asset and COMMODITY prices rising, who causes these prices to rise? Government causes prices to rise. The Russian people didn’t declare war on Russia, what Russian citizen in their right mind wants to invade Ukraine? I’d argue the number is probably less than 10%, you might ask, well then why aren’t Russians speaking out? My answer is you clearly haven’t lived in a country with dictators before.
On the U.S domestic front, Joe Biden similar to Jimmy Carter has declared a war on Fossil Fuels, meaning that Joe Biden has made it harder for American industries he doesn’t approve of to do business. Increases in government regulations, not only stifle competition, because it’s more expensive for smaller private industries to compete, but it also artificially raises the COST of doing business. If it costs most more to fill up a tank of gas with fossil fuel products, these costs are passed onto the consumer.
Now, a person could argue, that why doesn’t the private business, stop being so profitable? It made all of those billions of dollars in the past, why can’t be more kind to consumers? What most people don’t understand is that most companies are IN DEBT, and their whole purpose is to not only get out of debt, but to be profitable, because being in debt, in the private sector puts you on the edge of bankruptcy, unlike a Government, if a private business can’t pay its debts it GOES BANKRUPT.
When a government has no money, it borrows money from its central bank, when the servicing costs of the Federal government’s debt gets too large, it raises taxes or pays the servicing costs of its debt by BORROWING more money. Now, because the rule by fiat monetary system is based on confidence that one day the government will have the ability to pay back its debts, the more indebted the government gets, the more likely the government is to engage in tyrannical behavior.
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If you’ve ever been in debt, you know that you’ll imagine all sorts of wild ideas to get yourself out. When an individual is in debt, they never imagine that their prior bad financial decisions were bad, no instead, the indebted individual imagines that something external is the problem. I’m in debt because fossil fuels are immoral, or because racists are treating others unfairly.
The government while in debt comes up with all sorts of taxing schemes to get itself out of debt, and these REDISTRIBUTION schemes, not only prop up asset prices, they also force money in the direction of people who own assets. Now, the plan for Big Government after it redistributes money to a few hands is to then NATONALIZE or create partnerships with entities it’s granted special powers to.
This is usually the beginning of the end of a great civilization because wealth destruction leads to all sorts of weird behavior because desperate people start doing desperate things. In a free market or a capitalist society, things are far different, first of all in a free market the government can’t steal money from people and instead of diluting the money supply, the government has to literally go out in the streets and beg people to pay their taxes, or steal from people.
Taxation is theft, fiat money merely makes theft a lot easier for the government. The wealth of the people I point to in the article below got rich primarily because of the government, they didn’t reinvent the wheel, government rules and regulations, whether intentionally or unintentionally benefited their businesses, not because they did anything different, but because the government decided to wage wars and their businesses happened to be at the right place at the right time.
The article below points out that the Cargill-MacMillans are JOINING other billionaires, what the article doesn’t point out is that they’re NETWORTH billionaires. Net worth is the value of all assets, minus the total of all liabilities, it doesn’t mean that they actually have a billion dollars, it just means that based on current market conditions they’re worth a billion dollars.
When the government destroys the currency more billionaires are created, there are lots of TRILLIONAIRES in Zimbabwe, even Donald Trump shouldn’t be considered a Billionaire, Donald Trump is mostly a NETWORTH Billionaire, one of the reasons I think Trump doesn’t want to release his taxes, is because he’s mostly a NETWORTH Billionaire and once people dig into his taxes, this will be abundantly obvious.
Because of most people’s lack of financial education, they’re not understanding that the government is creating these billionaires, making matters worse a lot of these billionaires are on the edge of bankruptcies, I’ve been saying for years now, that I question the wealth of Big Tech in a normalized interest rate environment? Technology is usually deflationary and technology also makes COMMODITY prices deflationary.
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Because of technology, it’s far easier to discover energy in 2022 than it was in 1962. The world is awash with energy but via GOVERNMENT regulations, energy is now more expensive. Not only are Western Governments at war with domestic energy production, but they’re also at war with Western values. Being at war with western values puts “morality” into question.
A lot of “journalists” in the modern era feel justified in promoting outright lies, and propaganda, because they imagine they’re doing so not only for the money but for the “greater good” of the society. These lies are impossible to promote to a financially educated public, which is why governments want to make sure that most of humanity is ignorant about money!
Three heirs of the Cargill-MacMillans, a six-generation dynasty that founded the world’s largest agriculture company, have joined Bloomberg’s Billionaire Index — bringing the total number of family members on the list to five.
The Cargill-MacMillans have consistently ranked among the 25 richest families in America, and are currently listed by Forbes as the nation’s fourth-richest family, behind the Waltons, Kochs, and Mars. Together, the family has a combined net worth of $51.6 billion, Bloomberg reported in September.
Interesting times ahead!