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February 15, 2008
BASS ANGLING 2008
How many of you really
understand the real cause of why the price of every aspect of
Bass Angling has risen so dramatically over the past few years? From
a total cost for a fully loaded Bass Boat at $3,000.00 and a
$4,000.00 Pick Up Truck to pull it with to a WHOPPING
$100,000.00 or more for these two items today in 2008! Do you
truly understand why this has occurred?
How long do you think it will be before you are priced out of
the grand sport of Bass Angling? Do you feel that you can
continue to pay 10 Grand or more every time you trade in your bass
machine and continue to pay $15 to $35 dollars for artificial lures
up to a whopping $285.00 each for the most expensive in the
world in 2008 dollars?
If you really fully understood the
"only true cause of inflation" do you think you might
be interested in helping to stop this cancerous growth that is
destroying our society and your ability to enjoy Bass Angling
without spending a small fortune?
Following are articles
reproduced with permission that go a long way in helping one
understand and hopefully joining those of us that love the great
sport of bass angling but feel like we are being priced out of
the game. Read these articles and spend more time getting to know Robert
Ringer; a man of rare intellect, talent, insight and
vision in a time of true need! The two short articles
listed below will only take a few minutes to read, but could
literally propel you onto a new road of understanding and
exploration!
The Only True Cause of Inflation
By
Robert Ringer
Almost immediately after going off the gold standard, the U.S.
government “devalued” the country’s currency by about 40
percent. It is significant to point this out, because a
devaluation is an admission of bankruptcy. What the government
was telling foreign countries (who, unlike American citizens,
still had the right to redeem dollars for gold) was that each
receipt they held was now worth only 60 percent of the amount of
gold it originally had promised.
A devaluation, however, is always couched in terms designed to
make people believe that the government has performed some sort
of fiscal miracle. What, in fact, it has done is announced that
it is reneging on its debts.
But nations are far more powerful than individuals, and they do
not take kindly to the news that the pieces of paper they are
holding are counterfeit. As a result, countries holding large
quantities of U.S. dollars began to cash them in — creating a
sort of international “run” on the central bank.
Out of desperation, Richard Nixon, on August 15, 1971, threw
in the towel and, in effect, admitted to nearly two hundred
years of fraud by shutting the gold window to foreign
governments. For all intents and purposes, the game was over.
From that point on, no one — not even foreign governments —
could redeem U.S. currency for gold. The U.S. had become a 100
percent paper‑money country.
To rub salt in the wounds of American citizens, the government
now sells our gold from time to time on the open market. It’s
come a long way since entering the game as just another
competitor — forcing everyone else out of the business, stealing
billions of dollars in gold through outright fraud, then,
finally, turning around and selling that same gold to the people
from whom it was stolen.
The legendary investment advisor Harry D. Schultz summed it up
this way: “[The sale of Treasury gold is] a crime against the
people of the U.S. [It is] illegal, immoral, and
unconstitutional. The U.S. will grow weaker as the backing for
its currency is sent overseas and other countries will grow
stronger.” Remarkably, Schultz made these statements more than
thirty years ago! It’s no wonder he is listed in the
Guinness World Records as the world’s highest-paid
investment advisor.
The government’s fantastic gold theft is, unfortunately, only
a small part of the overall inflation swindle. Everyone wants
the president to fight inflation, everyone agrees it is a big
problem, and everyone supports government officials who stride
forward on their white chargers vowing to “fight” it.
There is only one problem with all this: The vast majority of
people who pledge their support to inflation‑fighting
politicians and decry its ravaging effects have absolutely no
idea what inflation is, let alone what causes it. Almost
without exception, the politician who gains public support for
his “inflation‑fighting” measures proposes actions that will
make inflation worse.
If I were asked to name one thing that I would want readers to
understand and remember from this series of articles, it would
be the following:
Increased wages and prices do not cause inflation. In
fact, they do not even contribute to it. Inflation is caused by
only one thing: an increase in the supply of money. It is this
increase in the money supply that causes wages and prices to
increase. Wage and price increases, in other words, are a
result of inflation.
(Note: In a truly free market, prices may also rise when
demand exceeds supply, but such rises are natural and do not
involve fraud. Market prices will always adjust to the ratio of
supply and demand — which is a good thing.)
What this means is that virtually everything politicians, a
majority of economists, and most members of the media tell
Americans about inflation is not only false, but the exact
opposite of the truth. Big business does not cause inflation.
Big labor does not cause inflation. It is Big Brother who
causes inflation — and he is the only cause. He
accomplishes it through the printing of paper money, and he is
the only one who has the power to increase the money supply.
I guess I should go one step further and correct my own
definition of inflation. I said it is caused by an
increase in the supply of money. Technically speaking,
inflation is an increase in the supply of money. To
get even more technical, it is actually an increase in the
supply of money substitutes.
Just as government cleverly succeeded in getting people to call
gold receipts “dollars,” which led to later generations
believing that the receipts themselves, rather than the gold
they represented, were money, so too did government succeed in
getting people to refer to an increase in prices as “inflation.”
This, in turn, took their attention off real inflation:
government’s printing of worthless paper money.
When most people talk about inflation, then, they use a
misnomer. What they are really referring to are high prices.
It also would be technically correct to refer to an increase in
prices as “price inflation.”
In Part VII of this article, I’ll explain how all this
relates to the “consumer price index,” and how government uses
this term to further confuse people.
Buying Into the Con
By Robert Ringer
When government puts out propaganda on the “inflation rate,” it is
really talking about the “consumer price index.” But the
consumer price index is misleading, because it covers the prices
of only a few hundred items out of thousands, and many of those
thousands may play a bigger role in your life than in the lives
of others.
More important, however, is that the so‑called inflation rate does
not tell you the rate of inflation at all. As previously noted
in this series, the rate of inflation is the rate at which
government increases the supply of paper money. And by
referring to an increase in the consumer price index as the
inflation rate, government avoids discussing its irresponsible
and fraudulent increase of the paper-money supply.
Why is this little game of government‑engineered semantics so
important? Because it confuses almost everyone, so much so that
all but a small percentage of the population does not understand
the true cause of rising prices. And it is rising prices that
people are concerned with — i.e., they are concerned with the
result of inflation.
If most people understood that it is the inflation of paper
currency that falsely increases prices, they undoubtedly would
revolt against the reckless printing of money. Which is why the
semantics charade — and the resulting confusion — is so
important to the government.
So long as people can be led to accept false explanations of what
causes prices to rise, they can be made to believe in false
solutions. Which gives de facto power to politicians, because
it is they who peddle the false solutions to increase their own
power.
Why do prices rise when government prints too much money? Again,
money is not wealth; money is only a medium of exchange. Wealth
is television sets, automobiles, and whatever else you exchange
the medium for. Wealth can be produced only by labor. Today’s
money, however, is produced by simply printing pieces of paper.
The result is that when the Federal Reserve prints up money faster
than people can produce wealth (products and services), the
ratio between available money and available products and
services increases. The supply of money, increasing faster than
the production of goods and services, increases the demand for
the available goods and services, which, per the law of supply
and demand, stimulates prices to rise.
And whether Hillary, Barack Obama, or John McCain becomes the next
head of the Demo-Publican Party, the one thing of which you
can be certain is that the printing presses are going to have to
roll faster than ever in order to meet their promises to
Americans addicted to false prosperity — and thus increase their
power over bewildered Mr. Main Street.
(In case you’re wondering why the government can’t just go back to
the well indefinitely and continue to borrow its way out of
Financial Judgment Day, even the Chinese are not dumb enough to
fund such multi-trillion-dollar schemes as “universal health
care,” given that they already hold trillions of dollars in U.S.
debt that can never be repaid.)
Next: We’ll revisit the shoemaker and hat-maker mentioned in Part
II of this article, and see how this massive federal fraud
affects each of them. Click on link below for past and new
articles!
Pitch Sez:
Don't
Forget:
Inflation Affects Every Bass
Angler in the WORLD!
If you would
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Ringer better and read the thoughts of a "REAL PERSON" that
walks the walk and talks the talk; offering clear, concise
real facts with no "CON ARTIST
POLITICAL BULLSHIT," following is a link for subscribing to his
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