Keynesian Financial Euthanasia....................from Rico

There is a "war on wealth" that has been conducted for over a century. It is better called INFLATION, but few dare use the word and fewer still grasp the concept.

- The recent ZIRP and NIRP is but a recent battle in the financial war being waged on savers and workers [read: taxpayers] who have been slowly euthanized by Central Bank Keynesian Theory.

 

The USD has lost 30% of its purchasing power since 2000, and 96% of its purchasing power since 1913. [read" The FED and the IRS].

- With a 2% FED inflation "target" rate the USD loses HALF its purchasing power every 35 years.

 

Let's go back to 1913-1915 when the current monetary scam was foisted upon Western nations by the bankers. 

- Concomitant with the lie of non-redeemable FIAT currency, was the demonetization of Gold (and Silver) in the US and Great Britain.

 

Read the attached, then consider that a mere ten years later from these words being written back in 1915 the DM, GBP, FF and RUB had ALL been savagely devalued.