• Inflation is a tax levied not by the government but by central banks.
• If they cant tax you to get what they want, theyll take it from you by other means.
• As a result, you spend more on what you dont want and less on what you want.

The Country and The State

Crying, War is the health of the State, Bourne declared:

Country is a concept of peace, of balance, of living and letting live. But State is essentially a concept of power. . . . And we have the misfortune of being born not only into a country but into a State. . . .

The State is the country acting as a political unit, it is the group acting as a repository of force.

International politics is a power politics because it is a relation of States and that is what States infallibly and calamitously are, huge aggregations of human and industrial force that may be hurled against each other in war.

When a country acts as a whole in relation to another country, or in imposing laws on its own inhabitants, or in coercing or punishing individuals or minorities, it is acting as a State.

The history of America as a country is quite different from that of America as a State. In one case it is the drama of the pioneering conquest of the land, of the growth of wealth and the ways in which it was used and the carrying out of spiritual ideals.

But as a State, its history is that of playing part in the world, making war, obstructing international trade punishing those citizens whom society agrees are offensive, and collecting money to pay for it all.

What is Inflation?

Inflation, as this term was always used everywhere and especially in this country, means increasing the quantity of money and bank notes in circulation and the quantity of bank deposits subject to check. But people today use the term `inflation' to refer to the phenomenon that is an inevitable consequence of inflation, that is the tendency of all prices and wage rates to rise.

Keynes argues that inflation is a method of taxation which the government uses to secure the command over real resources, resources gained by ordinary just taxation as real as those obtained. What is raised by printing notes, he writes, is just as much taken from the public as is a beer duty or an income tax.

Regarding the inflation tax he says that a government can live by this means when it can live by no other. It is the form of taxation which the public find hardest to evade and even the weakest government can enforce, when it can enforce nothing else.

Inflation is a way for the government to make you pay for their policies.

What Dont You Want?

In a word, war.

Sure, no one wants war except for the neocons.

But the neocons cant pay for it all by themselves.

So they need to steal the money.

From you.

There are only two ways to finance the war.

One way is direct taxation.

Can you imagine a further surcharge on your tax bill?

Of course not!

So governments resort to the other more insidious method of taxation.

By inflating your currency.

And this inflation comes at the expense of what you do want.

Its the very definition of economizing.

You spend more on the stuff you need, such as food, shelter, and water.

You spend much less on what you want, like shopping and holidays. Those things the warmongers consider frippery.

Capitalism turns luxuries into necessities. Socialism turns necessities into luxuries.

Indeed.

What Are the Results?

We all know energy stocks have roofed it.

Thats one way of you paying for whats going on.

Lengthened supply chains, tightened supply, trade embargos, sanctions, and ludicrous money printing have rocketed prices over the last few years.

And whats also not a surprise is less talked about but plain as a pikestaff: consumer discretionary stocks are getting crushed.

From Investopedia:

The consumer discretionary sector comprises businesses that sell nonessential products and services that consumers may avoid without any major consequences to their well-being.

Unlike consumer discretionary goods, consumer staples products, such as food, beverages, and tobacco, are goods that consumers tend to buy regardless of where the economy is in its business cycle.

Wrap Up