Inflation, simply put, is when it takes $2 to buy today what sold for $1 last week.

One excellent way to keep track of inflation is to follow the price fluctuations of gold. Last March, 2009, gold was at $900. In April it dipped temporarily to $850 for a bit, came back up to $900 and has been steadily rising ever since Obama’s massive financial “bailout”, or “stimulus” or whatever you call the single largest pork-barrel borrowing and spending spree in our history.

The price of gold has been holding steady at around $1100 since last Christmas and right now is steadily creeping toward $1150 as the value of the dollar continues to decline because we’re printing them at a furious pace to pay for all the borrowing and spending.

An increase of $250 over the previous price of $900 is an inflationary rate of about 28% for just the one year period. That’s HUGE! It’s also an accurate figure, as anyone knows who goes shopping for groceries and household needs. As much as America needs to restart and reinvigorate our own idled or dismantled manufacturing sector, we could not afford today to pay what those goods would cost over the cheap imports from China.

Our government claims that unemployment is decreasing and they base this on the number of new people filing for unemployment benefits each month along with those already on the rolls. The problem with this is that after so long, people are dropped from the rolls and are no longer able to receive benefits, so the true number of unemployed is never tallied.

While Obama claims that unemployment is decreasing, companies continue to lay off hundreds of thousands of workers and very few new jobs are being created. His figures lie, unemployment is still increasing.

When stores sell less because people can buy less, they fire workers and cut back on inventory. In the Great Depression of the 1930′s, this behavior resulted in many products becoming very scarce or unobtainable. Crime always increases in down times as people still need to eat and buy shoes whether they have money to pay their way or not, and increased crime always increases the general state of poverty throughout the entire population as it forces a greater burden on everyone.

When inflation increases in prosperous times, this is the natural result of easy money, but when inflation rises rapidly even though poverty is increasing, this is unnatural. This is artificial and caused by runaway government, out to wreck the existing order, on purpose.

Inflation during a depression is Change.

You cannot Change a prosperous capitalistic democracy, where anyone can get rich, into a socialist state where the ability to become wealthy is prevented. The people won’t go for it. To do this you have to create inflation during hard times and drive prices up while putting many of the people out of work so they can’t afford to buy, and become desparate. Then they can be talked into accepting most anything.

It also helps to flood the country with illegal aliens who will work at any job for far less wages than the native population.

By putting people out of work, you force the banks to close as borrowers cannot pay back their loans. You force homebuilders out of business as people cannot afford to buy at any price. You force down the price of homes, wiping out the life savings of retirees.

You “bail out” only unionized industries, taking over ownership of them in the process. Nationalizing them like the Soviet Union did. Like the auto industry. In this way, by favoring the unions as Obama is plainly doing, you take control of the unions. By controlling the unions, you control the workers. Just like the USSR did.

Many of Obama’s advisors, his “Czars”, are known Communists and Socialists. They speak favorably of that murderer of millions, Mao Tse Tung, they side with the socialistic dictatorships of Venezuela, Cuba and Brazil, they promote open borders to the great detriment of American workers. These are the ones telling our president what moves to make.

The faster the value of our currency declines, effectively the less we owe on our national debt which is mostly held by Saudi Arabia and China. These nations are very unhappy now with our rising inflation and may have to both call in the money owed them and switch over to the Euro as the new common international currency, in order to stop further losses. Either action will crash the dollar heavily and both could cause the collapse of the dollar entirely. Remember always that the dollar’s value, like all currencies, is based entirely on global credit, not on any assets.

Inflation is the instrument of Obama’s “Change”. The only person I hear saying this is Glen Beck on Fox News and even he hasn’t pointed this out as directly as I have here. Look at it. This is what it is.

This entry was posted on Wednesday, March 3rd, 2010 at 8:59 am and is filed under Bleats. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.