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Institutionalized Slavery Through Inflation

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  • Institutionalized Slavery Through Inflation

    "Inflation has now been institutionalized at a fairly constant 5% per year. This has been determined to be the optimum level for generating the most revenue without causing public alarm. A 5% devaluation applies, not only to the money earned this year, but to all that is left over from previous years. At the end of the first year, a dollar is worth 95 cents. At the end of the second year, the 95 cents is reduced again by 5%, leaving its worth at 90 cents, and so on. By the time a person has worked 20 years, the government will have confiscated 64% of every dollar he saved over those years. By the time he has worked 45 years, the hidden tax will be 90%. The government will take virtually everything a person saves over a lifetime."

    -- G. Edward Griffin
    If you ever wonder why it is that you have nothing after working your life away, this no doubt, plays a significant part.
    Enjoy Freedom? Get off your ass and do something to preserve it then.

    Calguns.net OpenCarry.org
    ronpaul2008.com
    constitutionparty.com

  • #2
    Perhaps that is a MAJOR reason why some people refuse to work anymore. Why slave away only to have it stolen from you?!

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