In today's article, Charles A. Smith explains how bankers and bureaucrats conspire to consistently rob the common person through inflation. We have become conditioned to believe that 2% inflation is the norm, and not only that, but it is even desirable and beneficial. Charles argues that, quite to the contrary, productivity improvements should create lower consumer prices, i.e., deflation. The reason that doesn't happen is because "Inflation makes bankers’ and bureaucrats’ lives easier and keeps them in power". ~Tim McMahon, editor. Inflation Is a Giant "Skim" on the American People The price of a McDonald’s hamburger in the United States has inflated 3.75 percent annually over the … [Read more...]