America's Demise From Economic Falts

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By Arik Fullenkamp

America's printing of money
See all 2 photos
America's printing of money

 America over the past century has been leading to its economic demise. Im not going to sit here and slam obama calling him a socalist while going on to praise the Führer Bush. The two of the are only the recent, and most obvous ruins of the American state. With the introduction of the Federal reserve the American dolar has undergone a 96% inflation. This is simply an outrageous statistic that both parties like to look the other way so that they can keep getting elected. During Bush's presidency we had a 20% rise in inflation. The two main poltical parties decide to blame this screwing of American's on the other, while really they both are doing it. The republicans scream "OOH ITS THE REGULATIONS ON THE BUSINESS'S THAT ARE KILLING US". At the same time the democrat's are saying ooh its the man screwing over the common people, we and the unions are protecting us from the horiffic companys. Ironicaly on a side note they decide to complain about the people who are employing them.

The Deficit

The Staggering deficit don't get me wrong is an immense problem. But the politicians are just going around to get into office with this as a political play. There's only one politician who has shown a valid response to this, and i wouldn't even call it a response. Congressman Ron Paul of Texas has been calling these things out for years. He predicted the recession years before it even happened. The only other person who might care about the deficit is his son newly elected senator Ron Paul, and i only say MIGHT because he hasn't had an opportunity to prove himself yet. Currently the debt ceiling is at 14 trillion American dollars. But before we look into the debt, what is a dollar even? We need to ask ourselves what the dollar is even worth.

American inflation rate, showing the "value" of our currency. Notice the instigation of the Federal Reserve
American inflation rate, showing the "value" of our currency. Notice the instigation of the Federal Reserve

The Dollar

 

We must look at what we consider to be the standard of currency in the world, and more importantly the function of money. This idea may seem simple and obvious, but we have become so used to what we consider it to be that we don't get how it has been distorted. The original money was simply salt, nothing more nothing less. It was this way because salt used to preserve meat from rotting by causing solute imbalance in the bacteria, but id rather not go into a micro-biology lecture here. Salt had a value that was always changing because people would find it, and some would be used to save the meat. The main idea that made it "worth" something was that it was physically. In an age of technology something physical seems like its something your grandparents who wonder what a computer is would be into. But because it was physical, people couldn't just print it at will. It had value because it could be used for preserving meat. Now I'm not urging everyone reading this to go out and spend your next months paycheck on salt, granted the way our country's going that might be a good idea soon. But compare that to our current dollar. Pull one out of your wallet right now, and think to yourself what its worth. Try and come up with a list that doesn't include buying something. Now that seems very idiotic, but what if it didn't buy something? think about that for a while and then realize the most it can do is be burned for some heat because its probably cheaper than what energy prices will be to heat your house soon. But the idea here still stand is that our dollar is worth absolutely nothing anymore. This all goes back to NIXON, a republican, who completely took out the dollars backing with gold. The American dollar is nothing more than cloth with green spray paint on it. Lets just put this out there that the dollar for some odd reason loses all its value and people decide its not worth anything? DISCLAIMER: THIS INFORMATION MAY CONTAIN THINGS CONSIDERED TO BE "MEANT TO INSIGHT FEAR", OR "FEARMONGERING"
If the dollar does die, or should i say when it does because there is no denying that America WILL collapse, and hopefully it wont be in our lifetimes. I'm not urging for this but the only two ways that we can predict the future are statistics and history. And since statistics ill throw in later, ill put history in here. Rome, The Wiemar Republic, Greece, and almost every other country has died. Look around tell me if were still using Roman money? for once my rhetorical questions are meant to be a yes! yes that's right we are, we just threw it back into the forge and its called gold! when Rome collapsed what they had there money was worth something, it was physical, not a rag covered with a presidential portrait on it. To go back to the beginning of this to show how it all ties in is pretty basic, the dollar has no worth, and nothing can stop them from printing the way out of it. When we look at our deficit we know that they have already printed the way out of some of it. We can honestly think thats a real deficit, the printed money is a deficit also, but a much more felt one. The printing of money leads to obvous inflation, but our debt leads to a more subtle one. Currency traiding lowers the value of the dollar also. Also im not bashing the stock market im a die hard capatalist and not the one in washington who claim they are because non of us in America even know true capatalism because non of us were alive when we used to have it (Butchered a summary of a qoute from Ron Paul). But when we get a larger deficit what happens? inverstors lose confidince in us, and not that stock market that we always here about with the DOW or S&P 500. This is instead from bonds and currency, when our currency is viewed as worth less, it becomes worth less. As u can go up and read early the message i was getting at was that our money isnt worth anything, and if people stop thinking its worth something than that is when it stops being worth anything. Im not saying with currency traiding it becomes worthless but because it doesnt have any real value backing it like gold, the value can start to be erroded based on what people view its worth as.

Currency Wars

 If you've payed attention to the news in 2010 on a normal basis you might have noticed a very subtle story that came up a few times, but never got much attention. We claimed that China was waging a curency war to keep them producing all of our cheap crap, and nothing against cheap crappy toys that 3 year olds swallow by accident. But when we look at the Federal Government claiming that there the ones ruining values of the world wide economy, which is very true that it does, but we should look at whos crying foul. thats right all of the description about the fed is just the tip of the ice burg, in fact we dont even know what the things that they dont do completly. They wage the same kind of crap that they blame on the chinese government, great scapegoat.

 The simple truth, is infact not even simple and disfigured. I've only been able to cover a short bit concerning the problems with the dollar, and the federal reserve screwing us. The way to fix our economy now is to retire the federal reserve and return back to capatalism in its purest form, without a medeling government. On the contrary that if we dont change you might be better of spending that "money" on something that has value for an economy that goes back to the stone age, or at best the dark ages. The only few ways that sadly are secured is something that will always hold its value, gold silver etc, or something that will be worth it when the economy goes, so the salt idea might work...

Comments

Middlespecialist profile image

Middlespecialist 14 months ago

I don't agree with everything you said, but I LOVE the way you said it!

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