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      "body": "When I go to the store and select items that have been my favorites for many years I notice a couple of things (as do you, I presume). The prices have increased and the sizes are smaller. One less obvious change is the quality; and sometimes there is a lessening of quality which makes that favorite product no longer desirable – and perhaps even - no longer available.\n\nIs it 'sneaky business' or is it a survival mode for businesses in an inflationary environment?\n\nDo you see what is happening here? Inflation is undercutting the ability of businesses to provide you with the goods and services that you want. Consider these three options and their consequences:\n\n1). The price can go up to fully compensate for the inflationary pressures. If that is the case then in no uncertain way your cost of living has gone up. You can either pay a higher price than you did in the past, or you can cut back and have less, or choose none at all. Your cost of living has gone up.\n\n2). The size is smaller and so you are required to modify your use or buy more units. Having to allocate differently because of the smaller size is evidence that your cost of living has increased.\n\n3). You buy the item and then when you use it you notice that it does not perform well. Say you buy soap but you have to use much more to get the same cleansing effect. If the production process has completely switched it may be that the product that you used before is no longer even available. When you can no longer find the product that you like then your disappearing choices causes a decrease in the quality of your life (raises your cost of living). Or if you have to settle for a lesser product then your cost of living has increased.\n\nThis is happening steadily and mercilessly.\n\nIt is faulty reasoning to blame the producers because they are experiencing the same kind of inflationary impacts throughout their production process (the producer goods are more expensive, smaller, of poorer quality) and also as the consumers of goods, like yourself.\n\nDo you see why it is so important to bring out into the open the true nature and effects of inflation? The longer inflation lurks in the shadows the more harm it does to everyone and that includes – most importantly – YOU.\n\nPay attention to the rising cost of living. Do not expect any mercy. Firmly resolve to take whatever action is necessary to stop inflation at its source.\n\nFACT: In 1910 a U.S. dollar bought 3 dozen eggs + 2 pounds of sugar + two pounds of coffee + an hour’s worth of work for hired help.\n\nQuestion: Why is it so harmful for producers of goods and services to be blamed for your unhappiness about the price or the size or the quality of your favorite goods and services?\n\nThe best way to take action, perhaps, is to tell others about this INFLATION Series. This series brings inflation out into the open and identifies its source.\n\nThe next topic will be: Inflation undermines private property.",
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      "body": "INFLATION IS A HIDDEN TAX.\n\nDefinition of inflation: Artificial expansion of the fiat money supply.\n\nOne of the great events in world history was the American Revolution. One of the most significant triggers for the revolution was the clear and unhidden tax on tea. Logically, then, you can see why it is advantageous for the State to have a way to impose a hidden tax. Inflation is a hidden tax.\n\nBecause of the way inflation is used to redistribute wealth towards those who have politically-favored connections (to the counterfeiting operation), this hidden tax is extremely regressive. It penalizes the poor (those who have none of the political connections enjoyed by the well-connected) to a much greater extent than the rich because the rich are more closely connected—directly or indirectly—to the early stages of the injection of the new funny money into the system.\n\nNext INFLATION Series topic: Inflation Raises the Cost of Living. Be sure to sign up for the series.\n\nJust like all taxes inflation takes some portion of the individual's wealth at the time of the transaction and the result is a diminished total value of income that can be used for living. Everyone knows how taxes are constantly taking their wealth. The common saying is \"Only two things are certain: death and taxes!\" But inflation is not only a hidden but it is an extremely regressive tax that most people do not know enough about to be able to muster a concerted resistance.\n\nThat is just the way the State likes it: Keep the people ignorant about this hidden tax because it then can continue to be used to extract wealth from the people and because a foolish population can easily be told that inflation is caused by all sorts of miscellaneous bogeymen; deflecting the ire of the masses (a regressive tax hurts the masses the most) away from the counterfeiting operation of the State.\n\nAn educated populace would revolt against this form of taxation if it was no longer hidden.\n\nFACT: Inflation is a hidden and extremely regressive tax which means that it is unjust and it is theft that is especially targeted at the masses.\n\nQuestion: Should the cowardly act of hiding taxation be rewarded, by not objecting to that tax?\n\nThe best way to gain courage about inflation is to continue reading the posts in this INFLATION Series.",
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