Teachings coming regarding: (i) what inflation is; and (ii) what the consequences of inflation are
By Richard Duke; Inflation for Beginners
The ignorance of Americans regarding: (i) what inflation is; and (ii) what the consequences of inflation are, are the most disturbing thoughts in my life. Inflation is an abomination to God (Bible is clear). The consequences of inflation destroys and kills, changes morals, etc. — both secularly and spiritually (Bible is very clear). I am very certain about the following statement: If a person does not understand these two aspects of inflation (first sentence of this paragraph), he or she are totally and completely ignorant—brain washed—about what is really going on in politics; and what the state (primarily federal government) is doing to most of the public. Let’s begin with one fact: wealth is being transferred from the common man and woman to the state and its cronies and the elite. This is a very clear fact but only if one is one understand what inflation is. And remember that no such thing as a state exists without people--called “methodological individualism”. A football team does not exist without players. We are talking about people in the state making decisions. We are talking about the Federal Reserve supporting the state and its cronies to their benefit and to your detriment. If you don’t understand the Fed and the state, you do NOT understand politicians and the state—PERIOD!
It is difficult or impossible for an “Austrian” (one trained in Austrian economics) to carry on a conversation with another person about politics when he or she is ignorant about inflation. This lack of knowledge and resulting ignorance [brain washing] is deeply disturbing to an Austrian.
I plan to teach through this blog what I stated in this above paragraph. I expect tomorrow to post an article that I wrote that is being published: “What is inflation?”
I hope you will read the below about the book, Economics in One Lesson, and aletheia (Greek) truth-the word for “truth” in the New Testament.
Richard Duke
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To order the book, Economics in One Lesson:
The Mises Institute had 100,000 Economics in One Lesson (see below—all given away) books published in order to give away. These books were and are in the Mises Institute warehouse. The main target: young people. The staff at the Mises Institute and representatives, such as me as an Ambassador to the Mises Institute (and attorney from 1982 to 1992) are trying to reach and teach young people truths about how the economy, money, credit and the “world” works These truths, with very few exceptions, have NOT been taught to them (and the same for you who are not young). Only truths can prevail against ignorance, brainwashing, lies and deceits.
Truth in the New Testament is aletheia (Greek). (The original New Testament was written in the Greek language). Aletheia means knowing what is going on around you. When you learn something (that is going no around you; or someone teaches you what is going on around you), this fact or those facts can result in confrontation (I did not know the facts before). Confrontation leads to a choice: you either change your actions or refuse to change your actions or you either change your thinking from the confrontation or you don’t change your thinking. God gave us souls (wills, intellects and emotions)—minds—so that with our free wills (that God gave us) we can be confronted and make choices. Those choices from confrontations result in our ability to choose truths. If you know the truth the truth will set you free. John 8:32. If you do not know the truth (from facts), you will NOT be set free. And remember, money answers all things (good, bad and ugly). Ecclesiastes 10:19. Please read the book for the good and get rid of some bad and ugly. And remember that inflation is an abomination (disgusting) to God. Have you checked what “abomination” means, especially in the Greek?
I seriously and sincerely recommend that you read this book, irrespective of your age. You will be confronted with facts, allowing truths in your lives; and getting rid of brainwashing by the mainstream/establishment.
Young people are the target of Economics in One Lesson but no matter what you age is, the Mises Institute staff and representatives want you to read this book.
The following is written on the back of the book:
“Considered among the leading economic thinkers of the Austrian school, Hazlitt has been credited as a fundamental influence on modern advocates of free-market capitalism.
“Our Economics in One Lesson book giveaway project was a huge success!
Our generous donors are the reason we were able to give 100,000 copies of this masterpiece to students and young professionals all over the world.
Thank you!”
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Inflation for Beginners
[Newsweek columns from September 3, 10, 17, 24, and October 1, 1951, and reprinted in Business Tides: The Newsweek Era of Henry Hazlitt.]
Henry Hazlitt is the author of Economics in One Lesson