Fed Raising Inflation In a Dying Economy
It reminds me of the idea, everything we know is a lie. First the Fed's targets are a joke. We have had lots of inflation. Just look at the shrinking package size and the declining quality. In addition, many of the companies are failing due to their products not being affordable due to our decreasing wages (less hours, Obamacare, less jobs, outsource and china getting patents). Check Shadow Stats for real inflation figures.
Do get me started!
So talking about increasing inflation is how you get people to not complain about inflation.
Most of the real money creation has been in the financials and if you gave out the money to people, you would instantly see the Fed reaching their so call targets. We can't have real people benefit from this economy.
Actually inflation is a thief. We don't get any benefits from products costing more or our salary being worth less. If you like devalued currency so you can have big number we can talk about how many pennies something costs rather than how many dollars it is.
If folks understood this they would understand the real value in a stable unchanging currency. This is why, at all costs, they will fight monetary metals.
If I understand the bible and the good guys not being able to buy or sell, I would guess that the strategy will eventually turn to crypto-currencies. In that sense, convenience may end up being a downfall.
Knowledge and Stacking is our best defense. We are not bees, learn a broad variety of things: energy, gardening, hunting/fishing, economics, politics, helping others, contacts and fifty things I can't think of just now.
God be with us.