

Moderator: notmartha

Post Reply
User avatar
Posts: 768
Joined: Mon Jul 22, 2013 1:16 pm


Post by notmartha » Sat Apr 29, 2017 10:00 am


Editor explained “inflation” in this thread.

Here are additional titbits to expound on the term “inflation.”


No instances of “inflation” are found in KJV or the 9 other translations I checked.


Webster’s Dictionary of the English Language, 1828
INFLA'TION, noun [Latin inflatio.] The act of inflating.
1. The state of being distended with air injected or inhaled.
2. The state of being puffed up, as with vanity.
3. Conceit.
inflation (in-fla'shon), n

1. The act of inflating or distending with air or gas.

2. The state of being inflated or distended; distention : as, the inflation of the lungs.

3. Undue expansion or elevation ; increase beyond the proper or just amount or value : as, inflation of trade, currency, or prices ; inflation of stocks (that Is, of the price of stocks).

4. The state of being puffed up; turgidness; pretentiousness ; conceit : as, inflation of style or manner.
inflationist (in-fla'shon-ist),

One who inflates; one who causes or favors inflation ; specifically, in the United States, one who favors increased issues of paper money: opposed to contractionist.

An economic condition characterized by rising prices and a decrease in the purchasing power of money. 22 Am J2d Damg § 87 27 Am J2d Em D § 274.
Black’s Law Dictionary, 7th Edition, 1999


- Cost-push inflation. Inflation caused by a rise in production costs.
- Demand-pull inflation. Inflation caused by an excess of demand over supply.
Inflation rate.

The pace of change in the prices of goods and services in a particular period. The primary indexes for measuring the rate are the Consumer Price Index and the Producer Price Index.

Whatever Happened to Penny Candy?, Richard Maybury, 1993
“Inflation is an increase in the amount of money. Inflating (increasing) the supply of money causes the value of each unit of the money to go down. When the value of the money goes down, you need more of it to buy what you want. Prices rise.”
Anti-Thought Control Dictionary, Ben Williams

CONTROLLED MEANING: Higher prices, lower wages and devalued money. The cause is nearly impossible to pinpoint. Increased amount of currency in circulation, thus making the existing currency less valuable.

CORRECT DEFINITION: True inflation is caused by issuing more money than is needed to settle all debts and facilitate a sound economy. In reality it cannot happen under America's Federal Reserve System where every Fed Note issued is a debt to the Federal Reserve Bank. The FED does not create "money" per se; it creates debt. This makes it impossible for the FED to create true inflation. Furthermore, when you add usury on top of the original debt it makes it impossible to ever have enough money in circulation to settle debts. Thus we have debt buildup, not money buildup.

Today, we are often told we are suffering from too much money in circulation. The truth is America suffers from too much debt … not too much money. That is as the bankers have designed it to keep the public in debt and perpetually dependent upon them for loans.

The official definition of inflation is: "Too much money chasing too few goods." In other words, an over-supply of currency in circulation which causes over-bidding in the market place (more buyers than sellers), thus bidding up the prices. This would put too much money in the hands of the public, causing the market to be depleted of produce until prices raise enough to once again discourage buying, or until the money supply is depleted. This has never happened in America.

Inflation is a rare economic disorder that very rarely happens. When it does happen, it is usually a ploy by banks and governments to import counterfeit money into another country to debauch its currency and overthrow its government.

This is not a current danger in spite of half-baked predictions of so-called economists. America, and all other centrally governed nations, suffer from A LACK OF CURRENCY (depression), not too much currency (inflation). The cardinal rule of central banking is to keep the money supply low enough so that people remain dependant upon bank loans to keep themselves afloat. A sufficient supply of currency would undo the power of central banks and central governments.

“No Inflation of Prices” excerpted from A New Banking System; The Needful Capital For Rebuilding The Burnt District By Lysander Spooner, 1873
Spooner New Banking System.pdf
(57.37 KiB) Downloaded 213 times
White House, OMB, Circular A‐94
Farm Relief and Inflation Act, May 12, 1933, ch. 25 ... 8-Pg31.pdf

15 U.S. Code § 1022
(e) “Inflation”; “prices”; “reasonable price stability” defined
For the purpose of the Full Employment and Balanced Growth Act of 1978 [15 U.S.C. 3101 et seq.], the terms “inflation”, “prices”, and “reasonable price stability” refer to the rate of change or level of the consumer price index as set forth by the Bureau of Labor Statistics, United States Department of Labor.
15 U.S. Code § 1022e - Inflation
(a) Methods and requirements for achieving price stability
(c) Policy initiation and recommendations; elements of structural policies

Milton Friedman:
Inflation is taxation without representation.
Unemployment is ... a side effect of the cure for inflation.
Charles A. Lindbergh, Sr.:
John Maynard Keynes:
George Bernard Shaw:
If the governments devalue the currency in order to betray all creditors, you politely call this procedure 'inflation'.
Ayn Rand:
Paul Volcker:

Lew Rockwell:


Vladimir Ilyich Lenin:


Thomas Jefferson:


Dr. Ron Paul:

Strictly speaking, it probably is not “necessary” for the federal government to tax anyone directly; it could simply print the money it needs. However, that would be too bold a stroke, for it would then be obvious to all what kind of counterfeiting operation the government is running. The present system combining taxation and inflation is akin to watering the milk; too much water and the people catch on.

Kenneth Gerbino:


Raymond J. Keating:


G. Edward Griffin:


Alan Greenspan:


Judge Henry Clay Dean, 1868:

"This has always been the case in the history of paper money inflations; that the pretended benefactors of government have been simply swindlers, who have imposed upon the people their worthless promises to pay in lieu of [specie] as the pretext for their robbery.

For further information, see article on inflation from The Concise Encyclopedia of Economics:
Post Reply