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Archive for October, 2012

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Wow, now here is an astute piece.

The Source of High Inflation: Government Spending

~ Charles Hugh Smith.     October 1, 2012

If we look at what’s skyrocketed in price (healthcare, tertiary education), we find they are government funded and supported. This is not a coincidence.   (more)

A variation really of the Friedman theory that inflation is always and everywhere a monetary phenomenon.

Inflation is a result of the Golden Rule – the ones with/printing the money make the rules.  And the rule is, inflation is a government policy objective.  (and because Govt’s have useless cost-control systems)

Where their power and money is concentrated, is where the inflation is.

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