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News Link • Inflation

An Anecdote About Inflation

• https://www.ericpetersautos.com, By eric

I buy a bag of the same cat food about once every two weeks, that timespan being about how long it takes for the cats to eat a bag of the food we buy. The bag I bought about two weeks ago cost about $16. Yesterday, I went to the same supermarket to get a new bag because we were running low again and paid about $18 for the same bag. That's something like a 15 percent increase in the price over a period of two weeks. What will a bag of cat food cost two weeks from now?

You may remember the article I published back in August about how "meat is a rich man's food."  It was about my memory of snickering – as a kid – at being told by a mom instructing my Boy Scout troop about the virtues of frugality that meat is a kind of luxury item. And so it has become. Hamburger costs what steak used to – and steak is, indeed, a rich man's food.

Maybe soon owning a cat or a dog will also be a rich man's indulgence when it becomes too expensive for the rest of us to feed them. This is no joke. We are already looking into making our own pet food, which is something we probably ought to have done a long time ago – for our financial health as well as the health of our pets. Buying bulk ingredients is one way to reduce the cost, which is really just another way of saying a way to compensate for the theft of the buying power of the money we're forced to use that is foisted on us by this strange entity styled the "federal reserve." It – as everyone ought to know by now – is as "federal" as Federal Express in that both are private, for-profit concerns (though FedEx is a legitimate business that forces no one to use its services).

In fact, the "fed" is the private banking cartel that bought the federal government – and thereby came to own us – back in 1913. It acquired the power to indebt the federal government to it and charge it interest on that debt, which was created out of nothing (much the same as the interest people are charged on their home mortgages; the principal doesn't exist except as a construct; but the interest is very real). Thus were the people of the United States enserfed.

This brings us to gold, the money that's real because it cannot be keystroked or printed into existence. Its value approaches $4,000 for one ounce. This is roughly double what it was about five years ago and exponentially more than what it was at the time of the creation of the "fed" and the tax on income that turned Americans into serfs who no longer have a legally protected right to keep what they earn; instead, they are allowed to keep a certain portion of it, the amount decided arbitrarily by the government that is owned by the banks that bought the government back in 1913.


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