Tuesday, January 4, 2011

Our Dollar's Purchasing Power




Interest (usury) of any amount guarantees inflation. Inflation of any amount lowers our dollar's purchasing power. 

I often use the example of my grandfather. My grandfather purchased a house in Winnipeg Manitoba in 1925 for seven hundred fifty dollars ($750). At that time a millionaire would have been able to purchase over 1,300 homes. Today, the most a millionaire could purchase is four or five homes. Four homes could have been purchased in Winnipeg in 1925 for $3,000. That means that someone with $3,000 in 1925 was as rich as a millionaire is today.

The graph below proves beyond any doubt that very shortly we will need a wheel barrow full of worthless paper currency to purchase even one loaf of bread. The evidence of immanent failure is all around us and and still we're like three little monkeys.

How stupid we will appear to future generations. How cowardly.

The evidence is overwhelming that usury creates debt. As you sit with eyes, ears and mouth covered you enslave you children to a debt that will rob them of the very freedom you were born with. You guarantee them poverty instead of abundance.

You still have a little time before the red line hits 0.000, but not much.






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Comments to the author are welcomed. david.ealing@gmail.com