Monetary Choice

There are two main taxes. (1) income tax and (2) inflation tax. The inflation tax covers much of the 710 billion deficit of federal govt. Politicians get the 710B from the FedReserve charade where they create more green paper and this steals your savings and part of your paycheck. Your company gives you a 2% raise. Fed govt and FedReserve give you a 12% reduction. That's why people can afford LESS every year. This is why two wed people must work.

US Government does not have a budget 'deficit', in the original sense of the word. US politicians finance their budget via the income tax and the inflation tax. The inflation tax is when FedReserve creates their money and lends it to the govt. That new money takes 'value' from everyone holding FedReserve money. People see it as higher prices, but it's really the way they pay the inflation tax. They pay income taxes via withholding, whereas they pay the deficit taxes when they buy anything. $8 for the sandwich plus $8 in deficit taxes.

For the people in the 50 states of the union, their is an alternative to FedReserve tokens (formerly dollars pre-1970). That alternative - amongst others - is to use copper, #silver, and #gold as money. I do this now, in my area. Just ask farmers at the local farmers' market or ask my barber. They all take silver. I tip in copper. I carry gold - one gram - but have not yet had the chance to trade with it. But this is my life. Please do the same. Order from Golden Eagle Coins or similar. Get the Kinesis Money silver rounds that shine! Get the copper rounds. Don't try this within DC or PR though! #inflation #trading #money #finance #business #sba #smallbusiness #prices

#Prices have risen 40% since 2019 because the amount of FedReserve money has increased 40%. See the chart. It's right there. The high priests of FedReserve don't say this because their racket is to create their tokens (formerly dollars pre-1970) and lend them out at interest! The politicians don't say this because they want money to buy their elections and to dole out to their family members working at NGOs and to dole out to their donors via various schemes. The NGOs don't say this because they get billions of tax money. The (Marxist and envious) media doesn't say this because they support the (wasteful) govt programs. and they want jobs at the NGOs or in government.

Hey Molly Smith at Bloomberg! The 'most famous inflation guage' has always been the M2 chart. (https://lnkd.in/eTc4Xt4) Shows them 'inflating' the quantity of tokens (formerly dollars pre-1970). Quantity rose by about 40% since 2020. Matches the rise in prices... Does anyone think the official govt inflation data would be accurate? Federal workers and NGOs want money, lots of money. They support the FedReserve ruse that creates money, lent to Fed Gov, then doled out to government workers, NGOs, etc. https://lnkd.in/gptMASia

Most discussions about inflation are filled with misconceptions, if not lies, because the writers support (wasteful) government programs, and the only way to fund these programs is to create FedReserve tokens (formerly dollars). The increase in tokens devalues all existing tokens, then stores request more of these lower-valued tokens. Prices rise - when measured in these tokens - not so much when measured in gold, silver, movie passes, etc. The only #inflation chart to view is M2 - which is the quantity of tokens (formerly dollars). Hard to believe FedReserve even publishes their counterfeiting by any other name. https://lnkd.in/eTc4Xt4 Sure, we fault ancient civilizations for human sacrifice or other insane practices and beliefs. But fast forward to 2024 and we see people accepting FedReserve de-facto paper and tokens as money. These ancient civilizations had their high priests, whereas today we have FedReserve "Governors". I'm surprised they don't wear costumes. We also have the countless #NGOs receiving tax dollars so obvi they're out in front as well defending the virtual counterfeiting done by FedReserve.

Four years ago, 90 FedReserve units could purchase a pair of sneakers. Fast forward to 2024, and those same 90 units will only get you about two-thirds of a sneaker. The purchasing power of FedReserve units has roughly halved in just four years. Not surprising given FedReserve created 40% more units over this period, primarily to finance the U.S. government's deficit and to provide low-interest loans to banks and corporations. Image shows price in 2020 on the left. #inflation #running #fitness #shopping #deficits #federalreserve #fred

Column by The Atlantic's Annie Lowrey mentions everything but the true reason for #inflation which is the 40% increase in the number of Federal Reserve tokens (formerly dollars, pre-1970). Though point #4 mentions federal 'stimulus' money. "Annie and her editors blame these false narratives: 1. the coronavirus pandemic kinked the planet’s supply chains, causing shortages of everything from semiconductor chips to box fans. 2. War and drought led to disruptions in commodity markets. 3. Temporary lockdowns and a permanent shift away from offices altered consumers’ purchasing patterns. 4. Families found themselves flush with government stimulus money. 5. A tight labor market drove up wages. "Those factors combined meant that families had more money to spend at a time when supply was constrained—and businesses took advantage. The price of everything went up, all at once. And for the first time since the 1980s, inflation became the central economic problem in American life." It's like everyone wants one of the many do-nothing FedReserve jobs, where ppl are rewarded for pushing the lies below. We absolutely must stop using FedReserve tokens (formerly dollars) lest we all become paupers. Those who receive the new tokens can buy up everything. www.monetarychoice.org

This is a sensitive topic – US government debt. So I’ve done a data visualisation on it. It seems the US is at a pivotal point in its history. Over the weekend, Gita Gopinath, the IMF's deputy managing director, urged Washington to take decisive action to reduce its debt, warning that the temptation to finance all spending through borrowing is a path that countries should avoid. She argued that the US economy is strong enough for some fiscal consolidation. Personally, that sounds a bit painful during a cost of living crisis. So, where do we stand? The US Treasury Market, the world's largest and most liquid government bond market, has grown to a staggering $34 trillion. This figure is so immense that it rivals the combined economies of China, Japan, Germany, India and the UK. The reason the US Treasury market has been allowed to grow so large is because it is widely considered a trusted safe haven asset, which is why it is commonly held as a reserve asset by central banks. Some economists argue that despite the size of the US Treasury Market, it can still absorb plenty of demand for its issuances because there are few alternatives to US Treasuries. However, China's attempt to diversify away from the US dollar into gold is a clear signal that even the world's second-largest economy is nervous, either because of trade wars or geopolitical tensions. The US government may need to act now to address this growing debt pile. Interest payments on the debt alone have become one of the fastest-growing federal expenditures, predicted to surpass military and welfare costs by 2050. For the first time in history, the interest expense on US government bonds has risen to over $1 trillion, a pivotal and alarming milestone. Moreover, the risk of a major global war in the near future could cause this debt pile to explode even further. If such a conflict were to occur, it could tip the scales against the US dollar, exacerbating the current situation. What are you thought here? I would love to hear. If you would like to know my personal thoughts on this subject, have a look at my newsletter: https://lnkd.in/dGxDAESC Music: Lost It by Mimmi Bangoura, Epidemic Sounds #USDebtCrisis #EconomicReform #GlobalEconomy #IMF #FinancialStability

The #retail apocalypse is most felt in lower-income stores because #inflation steals the most from the poor and middle class, who lack non-dollar assets such as land. Governments use their "central banks" to create money, which steals purchasing power from the non-rich, who then have less to spend at Walmart and other stores. But #yachts and #jets are still selling briskly, as are homes in the vicinity of Washington, DC. But those people don't furnish their homes with Walmart furniture. https://lnkd.in/eEetrgNx Source: Carsen Holaday at The Sun