"Inflation has now been institutionalized at a fairly constant 5% per year. This has been scientifically 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
Jim’s Quote of the Day:
- Ad Follow the Author Don Shift Basic SHTF Radio: A cop's brief guide for understanding simple solutions for SHTF radio communicationIntimidated and don’t know where to start with radio? This book is the perfect guide to what options you have i.e. GMRS, CB, to ham and basic communication topics.
- Ad Ready Made Resources, Trekker Water Filtration SystemUsed throughout the World