https://blogs.lotterypost.com/konane/2019/11/the-hidden-link-between-fiat-money-and-the-in.htm konane's Blog: The Hidden Link Between Fiat Money And The Increasing Appeal Of Socialism en-us Lottery Post RSS Generator https://blogs.lotterypost.com/konane/2019/11/the-hidden-link-between-fiat-money-and-the-in.htm#c211602 https://blogs.lotterypost.com/konane/2019/11/the-hidden-link-between-fiat-money-and-the-in.htm#c211602 Thu, 28 Nov 2019 23:55:21 GMT konane Thanks Mike. We couldn't have stopped the devaluation of our currency into monopoly money. It was already planned out before they went off the gold standard and was designed to create third world living conditions for everyone in the world as an end result.

]]> konane https://blogs.lotterypost.com/konane/2019/11/the-hidden-link-between-fiat-money-and-the-in.htm#c211600 https://blogs.lotterypost.com/konane/2019/11/the-hidden-link-between-fiat-money-and-the-in.htm#c211600 Thu, 28 Nov 2019 21:13:44 GMT mikeintexas <br />"Price increases are delayed and uneven, due to the Cantillon Effect whereby the early receivers of new money are able to purchase goods and services at existing prices. Later receivers or those who do not receive the new money at all suffer higher prices and a reduction in their standard of living. Even then most people do not link higher retail prices with a previous expansion of the money supply."<br /><br />And, the youngest generation is now thought to be the first one in centuries to... [ More ]

]]> mikeintexas https://blogs.lotterypost.com/konane/2019/11/the-hidden-link-between-fiat-money-and-the-in.htm#c211599 https://blogs.lotterypost.com/konane/2019/11/the-hidden-link-between-fiat-money-and-the-in.htm#c211599 Thu, 28 Nov 2019 21:04:27 GMT mikeintexas <br />I and a few others were trying to point out not only the idiocy of that statement but the impossibility of it when one of the young Socialists said "Just print more money." I tried to explain that very practice is why his generation is angry at the Boomers and older generations, that "kicking the can down the road" never results in anything but a flattened can that can't be kicked and eventually the end of the road.<br /><br />"You just don't understand economics." came the reply, so I qu... [ More ]

]]> mikeintexas https://blogs.lotterypost.com/konane/2019/11/the-hidden-link-between-fiat-money-and-the-in.htm https://blogs.lotterypost.com/konane/2019/11/the-hidden-link-between-fiat-money-and-the-in.htm Thu, 28 Nov 2019 13:27:05 GMT konane Outstanding med short read.

The Hidden Link Between Fiat Money And The Increasing Appeal Of Socialism

https://www.zerohedge.com/economics/hidden-link-between-fiat-money-and-increasing-appeal-socialism

]]> Blog Entry konane https://www.lotterypost.com/blogentry/149587