Read the rest of this entry

Read the rest of this entry

Read the rest of this entry

Chapter 10 (Inflation): Dr. Martenson establishes inflation as a monetary phenomenon, defined as the decrease of the value of money, caused by too much money around in relation to goods and services. From 1665 to 1776, 111 years, there was absolutely no inflation. From 1665 to 1905, 240 years, the cost of living stayed roughly the same, aside from brief jumps during wars. Unfortunately for us, there was no settling in terms of inflation after World War I or World War II. The military apparatus was not dismantled, and inflation has accelerated to astonishingly high levels. www.chrismartenson.com

Related Articles

• A World War I Soldier’s Photo Album: Gas, Guts and Eternal Glory? | NEWS 2 ALL . DE
• Why Top Quality Chauffeur Services Can Be Very Good Value For Money | Christian Little
• Height of various stuffs in IT peoples… | Bagesh Singh's Blog – A blog about PHP, Ajax, JavaScript, CSS, Web 2.0 and Web Development
• Victims with ties to U.S. were targeted, Mexican mayor says – 1776 Coalition
• Hand rolling your datalayer « Mint

All wars are inflationary, in fact they are the most inflationary spending of all. The money stays behind while the goods produces are sent away and blown up.

[youtube]http://www.youtube.com/watch?v=afWqKcqntfs[/youtube]
Read the rest of this entry