How Govt Inflates Its Way Out of Paying SS Benefits
and every other entitlement to employees for the past five years IF pegged to our bogus CPI that excludes just about everything you really need to support life in these United States.
Simple. Inflate the dollar by 7-10% a year against all currencies and let that carry business by increasing the overseas markets. Peg SS to a falsely low inflation figure and have the real inflation figure deflate the SS check by the difference--with CPI a "reported" 2% but the real inflation index close to 8-10% including all those things now left out, like housing, for example, and boom, you have an entitlement that is shrinking by five to eight percent a year in real terms--by about half in buying power in 7-10 years.
See how you solve the problem? Print worthless paper money by the truckload, hide the inflation (o where o where is M3 me lads?) and suddenly you can't figure out why on SS max with family rate of 24K per year, you can only buy half as many Micky D's (or anything else for that matter), about 7-10 years down the road.
You are exactly on target. Just rememeber that most peple like marketing packages of misinformation. This will go on until it doesnt. When this happens what will happen will make 29 look small.
When I read about all of these Private Equity Buyouts, I say that they are not buyouts but they are essentially "foreclosures" by holders of US Dollars that realize that this is garbage paper thay are holding. Recall the Dollar is a note of repayment backed by nothing. No one would pay what is being paid for in the takeover of these public companies unless they thought that the rate they were receiving these "pieces of paper" was so fast that you just need to get rid of them as quickly as possible. The only way to do that is with Public Companies. What they pay is meaningless becasue its worth more than the green pieces of paper that they know are worthless.
When the buyers of these companies realize that the copanies are themselves worthless they will return to gold as a fear based haven, but by thattime the dollar flow will crash.
WHat is happening now is a repeat of 29, the difference being thatthe margin of 29 used in the stock market is now used in the name of the US Givernment and issued for every American without them knowing it (or realizing it).
If you served in the military in 1957 through 1977, you are credited with $300 in additional earnings for each calendar quarter in which you received active duty basic pay.
If you served in the military in 1978 through 2001, you are credited with an additional $100 in earnings, up to a maximum of $1,200 a year, for every $300 in active duty basic pay. After 2001, additional earnings are no longer credited