Expropriation by the stagflation union threatens!
- "because arithmetic is not the modern German's cup of tea!"
- &he certainly has no idea what or for whom he is actually working for all his life or where the money he earns …
Expropriation by the stagflation union threatens!
- "because arithmetic is not the modern German's cup of tea!"
- &he certainly has no idea what or for whom he is actually working for all his life or where the money he earns ultimately lands.
Otherwise they would hardly be galloping ahead with anticipatory obedience as servants of foreign masters without even the slightest inkling of this.
Here are just a few examples (of countless):On the subject of inflation,for example: etymologically,the term comes from the Latin inflatio = expansion; i.e. expansion of the money supply,which can boost an ailing economy,but causes an increase in the price level,among other things.
This controversial element was therefore handled with relative moderation until before COVID-19.
It is important to note that the post-factually calculated inflation figures (with the help of faked statistics,which in turn are based on irrelevant initial values) serve to counteract a mood of unrest among the population,but sometimes have little to do with real (perceived) inflation.
This is achieved by two methods,among others:
1.) Globalist-controlled mega-corporations that specifically pursue the agenda of lowering consumer prices in the sense of a politically desired reduction of the published(!) inflation figures through low-price strategies (see Black Friday offers).
However,this is at the expense of almost all small &large companies!
2) Implementation of the hedonic calculation method in which inflation is calculated asymmetrically: This process,which is difficult for the average consumer to understand,should be visualized as follows:
Since,for example,a product "can do more" than in the previous year (e.g. it has more storage capacity),it is pretended that today,even if it costs the same or even more,"statistically speaking" you have to pay less for it "because it can do more" (the usually reduced lifespan of the product is ignored,as is the fact that food,which has risen extensively in price,is added to the shopping basket almost weekly,but a laptop,for example,is only added every 5 years.
Conclusion: If the German Michel seriously believes that a growth in the money supply of 10%,for example,covers the price inflation published by the state,this is honorable,but a regrettable misjudgment.
If the money supply increases by 10%,prices will also rise accordingly as the economy heats up.
It would be easy for the German Michel to get to the bottom of real inflation if he calculated the true extent of inflation using the following formula:
Inflation = expansion of the money supply (creation of money out of nothing in disregard of the laws of Mises &Hajek) minus economic growth
Unregulated growth in the money supply - for example to counteract social hardship in the short term &therefore possible causes of unrest among the population - may boost lending &spending,but in the medium term it causes inflation,which could also be described as a partial expropriation.
