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News Link • Economy - International

Guest Post: The Government Inflation Scam

•, by Jacob Hornberger
Argentina is suffering the ravages of government debasement of the currency — i.e., inflation, the process by which government pays for its ever-increasing debts and bills by simply printing more paper currency. The expanded money supply results in a lower value of everyone’s money, which is reflected in the rising prices of the things that money buys.

According to the New York Times, last year prices in Argentina rose nearly 30%. This year, they’re expected to increase by 45%.

Not surprisingly, the government’s inflation of the money supply is causing economic chaos within Argentine society. From butchers who are now posting price increases on scraps of paper, to women filing for increases in alimony payments, to café owners who are selling less, to wholesalers who are having trouble pricing imported goods, the government’s monetary debauchery spares virtually no one.

So, what does all this have to do with government schools?

1 Comments in Response to

Comment by Olde Reb
Entered on:


Mr. Hornberger chides the citizens of Argentina who fall for the government propaganda that businesses are responsible for inflation because they raise the price of goods and services in his recent article. Ref. . He then slams their schools for not educating the people.

Perhaps Mr. Hornberger should review the economic chaos of the United States and Europe and question whether it is the government or financial institutes that cause---and profit from---inflation. “Bought off” and corrupted are terms that come to mind to identify the cause from the implementer..

The methodology by which the Federal Reserve Board of Governors conceals $4 billion daily from the auction accounts of Treasury securities that are exclusively handled by the FRBNY---the accounts have never been audited or reported to Congress as required by law---has been documented. Ref. FEDERAL RESERVE HEIST. The lengthy mathematical analysis of the Fed's Ponzi scheme that dates from Rothschild's “loaning” to rulers of centuries past to reveal the inherent national bankruptcy of their scheme is available. Ref. RIP OFF BY THE FEDERAL RESERVE.

The use of that money to fund the New World Order using the World Bank and International Monetary Fund has been theorized. Ref. FUNDING THE NEW WORLD ORDER. The embezzlement of the Treasury auction funds by the FRBNY and FRBOG has been brought to the attention of the United States government. Ref. AMENDED COMPLAINT—WHISTLEBLOWER SUIT.    All articles available at

The  “end goal” of the cabal has been stated in internal memos to be the collection of the $17 trillion National Debt of the United States. Greece and Cyprus are but two available examples of their collection methods.

And still Mr. Hornberger is unaware of the future tragedy and demise of the U.S. while he belittles the economic knowledge of the Argentina people.     The academic centers of the U.S. {that must groom economists for future employment with the largest employer of economists--the Fed and the banks---and who also receive largess from them} have done a great job in hiding the perfidy of the Fed.

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