Inflation Pressures Somewhat Rise for No Apparent Reason other than the Efforts of the Federal Reserve. ‘SHRED THE FED’!!!

February 17th, 2011

As reported early this morning by WYNS (1010 "WINS" AM Radio) in New York City, inflation pressures are apparently on the rise - with the radio station reporting that prices had risen 0.8% (though I am not for what period or who they were quoting). Today, the Consumer Price Index (CPI) economic indicator was released and it also seems to confirm that prices are on the rise as well (0.4% increase since the previous month).

Anyone that knows anything of economics surely knows that, during the ‘normal’ course of economic events, inflation typically only rises when much of the workforce is gainfully employed and therefore competition surfaces between consumers for the available goods – which in turn causes prices to rise and inflation to occur. Of course, we are not in any ‘normal’ times and, in reality, the American Nation is still in the throws of a major depression with unemployment staying at near record high levels.

So, given this basic knowledge of economics and the current realities of the American economy, what then has caused this latest round of inflation to arise?

Clearly, this latest rise in inflation appears as the result of no other reason than that of the concerted efforts of the Federal Reserve System and its continued and never-ending devaluation of the dollar – of which I have long blogged. Of course, the Fed and others may argue that the continued devaluation of the dollar (Federal Reserve Note) is to the benefit of the American populace and Nation. I would merely respond with telling those that may believe that logic to go and ask the average citizen if the devalued dollar is of any benefit to the typical homeowner/consumer - who now may have to make a choice between buying milk and bread or rather to buy gasoline because of rising prices the average homeowner/consumer may no longer afford to buy both! Of course, the argument could be made that increased fuel costs are adding to any inflationary pressures. However, I would counter any such assertions with the apparent fact that much of the increased fuel costs are a direct result of the devalued dollar - a fact that I am confident I could easily verify/prove.

In reality, however, there could be any number of other reasons why the apparently self-serving/inept/nearly-criminal Federal Reserve System continues to devalue the dollar/Federal Reserve Note. One such reason would be merely that the Fed desires to forever increase the value of its gold holdings. Another reason, of course, is that the nation is again approaching another national election and therefore the Fed has decided to artificially increase prices (by devaluing the dollar) and therefore try to also artificially increase the Gross Domestic Product (GDP) which, by definition, would mean that the depression/recession has officially ended. By artificially ending the current depression/recession, the Fed would be coming to the rescue of its apparent errand-boys and lackeys in elected positions – with these individuals forever holding positions of power such as the White House and Congress.

What hold does the Federal Reserve System have on our government which allows the Fed to remain in power and to control our government as well as our Nation? What hold does the Fed maintain, in deed, as such a hold was clearly against the wishes/intent (and warned against) by the Founding Fathers of our American Nation – if not blatantly against the U.S. Federal Constitution? How is it that the Fed stays in control when our Founding Fathers expressly seemed to state in the U.S. Federal Constitution that no outside entities should ever control the money supply of our Nation?

Therefore, as such, I would surmise that the time is approaching to ‘SHRED THE FED’!!! It would appear that the only way to effect any ‘shredding of the Fed’/discontinuation of the Federal Reserve System is to elect politicians who care more for the well being of the American populace than the politician would care for the purse-strings of the wealthy bankers of our nation and the world. Does such a politician exist? Will I have to run for Congress to this end? Or, would the bankers and the Fed [and its cronies and lawyers/judges throughout our governments and legal establishments] act in accordance with the long list of tyrants throughout world history and merely extinguish any such politician for making such a suggestion as ‘shredding the Fed,’ I have to wonder – as typically the bankers apparently care for nothing above money which then seem to include the disregard of any laws governing the conduct of decent human beings as well? I would be happy to expand on these thoughts, should anyone ask – by the way. Am I only one of a few that is willing to put forth these thoughts for all to hear?


Adam Vernon Trotter / AVT



See:
U.S. core CPI rises more-than-expected in January
http://www.forexpros.com/news/economic-indicators/u.s.-core-cpi-rises-more-than-expected-in-january-195684


Latest Data Show Percolating Prices
http://newswires-americas.com/markettalk/?p=15234


Economic News Release

http://www.bls.gov/bls/newsrels.htm


Daily Outlook:
http://fxessentials.com/2011/02/17/europe/express-fx-february-17-2011/



The following seems to somewhat disagree with my logic – if one removes food and energy from index (?!?), but probably a banker/wall street type:
(…deflation must be stopped by the Fed at all costs…). This author must be wealthy and have gold holdings too.

Core CPI Up, but Still Tame
http://www.zacks.com/stock/news/47777/Core+CPI+Up,+but+Still+Tame



See also:

http://adamvernontrotter.blogspot.com/2009/06/allow-federal-government-to-control.html

http://adamvernontrotter.blogspot.com/2011/02/repeal-eleventh-11th-amendment-to-us.html

http://adamvernontrotter.blogspot.com/2010/08/time-to-shred-fed-appears-to-be-at-hand.html

http://adamvernontrotter.blogspot.com/2010/06/thomas-jefferson-and-federal-reserve.html

http://adamvernontrotter.blogspot.com/2010/10/concerning-federal-reserve-system-and.html

http://adamvernontrotter.blogspot.com/2009/10/fractional-banking-system-no-longer.html

http://adamvernontrotter.blogspot.com/2011/01/us-governmentobama-administration-wants.html

http://adamvernontrotter.blogspot.com/2010/11/on-federal-reserves-plan-to-buy-back.html

http://adamvernontrotter.blogspot.com/2010/11/what-would-happen-with-no-us-federal.html

http://adamvernontrotter.blogspot.com/2010/10/currency-war.html

http://adamvernontrotter.blogspot.com/2010/10/fed-to-buy-back-government-debt.html

http://adamvernontrotter.blogspot.com/2010/09/include-soup-kitchens-in-next-federal.html

http://adamvernontrotter.blogspot.com/2010/01/report-true-unemployment-numbers-or.html

http://adamvernontrotter.blogspot.com/2009/09/michael-moores-new-movie-capitalism.html

http://adamvernontrotter.blogspot.com/2009/06/us-credit-rating-has-been-or-is-being.html

http://adamvernontrotter.blogspot.com/2009/02/federal-reserve-chairman-bernanke.html

http://adamvernontrotter.blogspot.com/2009/02/congressman-meeks-re-liquidity.html

Michael Moore’s New movie “Capitalism: A Love Story” Seems to Miss the Point.

Sept. 26th, 2009

While Michael Moore’s movie “Capitalism: A Love Story” appears to deserve applause regarding its efforts to enlighten the American people concerning the latest crimes that the banking/financial sector may have perpetrated against the nation, it seems to miss the point. Of course given the date of this blog, I have yet to see the film as it has yet to be released; however, I watched much of Mr. Moore’s interview with Larry King the other night wherein Moore explained his allegations. Assuming that his representations of the facts are genuine, it would seem that the movie does not delve deep enough into the situation to show the likely true damages that the banking/financial sectors seem to have brought upon us through activities which surely caused the latest depression / recession. The true crime at hand is not merely that the bankers (particularly the Federal Reserve System, most likely) and the government officials performed no oversight of the financial sectors that culminated in the latest recession. In my opinion, the true crime is that the bankers (Federal Reserve System) and the government officials seem to have intended to create the situation that necessitated an eventual recession / depression. To illuminate this fact, one only needs to look at the monetary exchange rates over the last few years; one has to wonder how many Euros the Federal Reserve and the nation’s bankers were purchasing when the Euro appreciated and nearly doubled its exchange value versus the dollar - which concurrently drove the value of the dollar into the ‘mud.’ Surely, for the Fed and the government to allow the dollar to be devalued to such an extent as it has been in recent times (through seigniorage, inflation tax, stimulus bills, bail-outs, etc.) either represents an absurdity in judgment or evidence of a more sinister plan – regardless of original intentions and whether such maintained the unlikely aim of benefiting the populace of the nation. Ultimately, a 'more sinister' justification is probable for the actions of the banking/financial sectors because the one thing that we can use as a ‘baseline’ in any deduced intent [of the financial sectors] concerning the current financial mess of the American economy is that we can be sure that the banks want all the money they can amass and horde, regardless of all else. Once again, I reiterate from previous blogs: it would probably be best if the American government controlled our currency and not a banking cartel.
AVT


PS. Please be hereby reminded that the Federal Reserve System is not a government agency, claims no fiduciary responsibility to any external entity, and often speaks of seeking arbitrage opportunities in its documents / meetings.



PSS. IN ALL FAIRNESS TO MR. MOORE, however, I have not seen his latest film and therefore I could stand to be corrected with this blog. When/if I have the opportunity to see this film and perchance Mr. Moore does, in fact, agree with my point about the true crimes concerning the latest financial and economic mess facing the nation [that the actions of the financial sector demanded or possibly intended such a recession / depression regardless of oversight], I would then stand corrected. When/if such a set of occurrences should come to pass, I would post that I was in error with the sentiment of this blog and likely remove the blog sometime thereafter.