While discussing inflation with my dad last night, I think I realized one reason many people may have trouble relating to my analogy of a pie, ( see my 12/14/21 essay, “How Much Pie Is enough,” and subsequent essays,
With the example of cutting a pie into smaller, and smaller, yet more plentiful pieces it seems an imperfect comparison. When cutting of a pie, if you have obtained one piece while it was cut into four pieces, you still have that one fourth of the pie, even if the remaining pie is cut into smaller pieces. When fiat currency is manufactured out of thin air, this is not the case.
This is not true with currency. Every single dollar in circulation receives the same mathematically devaluing effect. With monetary manipulation, the numbers are so vast, and the portion available for anyone’s scrutiny so small, that these scientifically mathematical causes to the effects are imperceptible, making the manipulation almost impossible to detect. The more one scrutinizes the observable factors, the less perceptible the causes to the problem becomes. This is by design, and has nothing to do with what the promoters of currency manipulation contend. It’s much like a forest, from afar one can observe it for what it is. You can not know just how many tree make up the forest, but you can see that it is a large group of trees. Trees can be planted, or removed without effecting the perception of the forest. No one can know what has been added, or subtracted, unless they were eye witnesses to the occurrence. The overall impression of the size, and shape of the forest remains seemingly constant, and reliable. This is how devious capitalizers are enabled to use the manipulation of our currency’s value to their unprincipled benefit.
This not a new concept. Among the many virtues of the great Alexander Hamilton was a less than admirable desire to control a federal banking system. (He was the founder of, “The Bank Of New York.)
https://blogs.shu.edu/nyc-history/2017/12/06/the-bank-of-new-york/
While He tried to convince other founders to establish a federal banking system, there was enough opposition to block its establishment at the onset of our constitutional republic. Due to his prominence, and important influence to the cause of liberty, he was able to inject a foothold into our founding document to allow for the later building upon by future banking profiteers. During the administrations of Woodrow Wilson, and FDR these foundation cracks began to be exploited by the “Federal Reserve Act,” and subsequent legislation.
I hope that you will further explore these concepts. Many documents exist that confirm what I am saying, and they are not hard to find, (if you have the desire to know.)
God bless you, Dave