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Inflation: The Cruelest Form of Theft

Riley J. Hood - Chairman, Milwaukee County Constitution Party What is the cruelest form of theft? Burglary? Embezzlement? Counterfeiting? All do damage to honest, hardworking citizens and are appropriately crimes under law. What about inflation? It steals from people while their money is still in their pockets by stealing the buying power of that money. Inflation, in a strict economic sense, is when a civil government engages in counterfeiting. Today we have an entity that has been doing just that since 1913, a legalized privately-run central bank. It is called the Federal Reserve (Fed), which as Howard Phillips has often…
CP of Wisconsin
June 29, 2018