inflation fun

INFLATION FUN


I was tooling along this morning, minding my own business and enjoying the brisk but relatively warm 28 degrees with freezing fog ( a specialty this year it seems ), when it seems that the weather actually activated two brain cells. I had a thought. And not only that, I actually remembered that thought the rest of the morning. Proof that miracles do exist. I don’t know why it occurred to me as the only two things on my mind in the morning are getting coffee and not getting run over. Perhaps I was going at a fast enough clip without realizing it that my cold and black heart pumped enough blood to my brain. I said to myself, too bad the states can’t issue their own currency like they used to, then they wouldn’t be having all these problems in the opening salvo of the Greatest Depression Fueled By Lack Of Fuel And To Continue Until The last Yuppie Scum Home Owner Is Living Under A Bridge. But then it happened that this mundane and less than original thought was followed by a true flash of brilliance that I am noted for but which pass by unnoticed by my Teeming Legions Of Loyal Minions which just kind of take it for granted and never sign over the deed to their Compounds to me or send ten percent of their net income. Crap, the church gets ten percent of their gross income so I’m giving them quite a break here but instead they complain that I’m taking Baby Jesus’ name in vain when in fact I’m just letting everyone know what a regular guy he is until you piss him off by dissing on one of his favorite drinking buddies. Which is me, by the way. Net, not gross, but you must act now before your pathetic paycheck won’t even buy a bamboo made in China ass scratcher.

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What if the federals do nationalize the states debts? They can take certain steps in the meantime like nationalizing all local law enforcement agencies. But they aren’t going to take on all the local responsibilities like snow removal and meter maids and what not. It will be far easier to guarantee their obligations than take over their activities. As Rawles is fond of saying and which I wholeheartedly agree with, the Mother Of All Bailouts is just starting. It is quite easy to guess that the sum of their budget deficit will be given to the states by the Federales. But what if the states go year after year with deficits? Here in Nevada, gaming receipts and property taxes and sales taxes fall ten percent year after year and all you hear is the moaning and groaning from the colleges. Think of the children! How will we attract any jobs? How can we possibly teach politically correct classes to our youth if we don’t get tens of thousands of dollars per student ( okay, I don’t know what the figure is, but it certainly is more than a library card ) so we can stuff them into lecture halls where professors teaching four hours a week can drone on at them from a $200 textbook? What a bunch of “entitled”, selfish idiots. Take a friggin cut like everyone else you puke. I’m paying twice as much for my groceries and gas and you can’t get a grant. I’ll grant you the dirty hairy crack of my ass you bastard!

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So, instead of cutting school budgets we are subjected to idiocy like releasing prisoners. Granted, most crimes are political in the grand tradition of communist states everywhere, but the fact that the politicians are using serial killer paroles as a bargaining tool to raise taxes as more people are losing jobs instead of laying off some spoiled civil servants tells me where their priorities lay. They ain’t a for us, they’s agin us. So before I believe that states will cut back beyond the odd cosmetic media directed cut, I’ll believe that Washington will start to make up the difference permanently. Which of course will have a bunch of strings attached. But the politicians and the pensioners won’t care. The important thing to keep in mind is that the Feds will start to poke their nose in local business, which is your business, and that this is when inflation will really take off. Look at the pud pulling monkey molester FDR. The banks who had caused the Depression directed the crippled puke to confiscate the gold. Feeling a bit uncomfortable with his puppet masters hand up his ass, he did so to relieve the pressure. Boom. Overnight, there was 40% devaluation of your money. And that was when all our industry was vibrant, all our oil was still in the ground, our farms were fertile and our coal and ore plentiful. We actually had resources to direct at the economy.

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Will we have another forty percent devaluation of our money? Of course, plus some. It is just a question of how fast. If the coming California bail out is a one time affair, then I stand corrected and humbled before you. If it extends to other states, and takes on a permanent texture, beware inflation being felt very quickly. Inflation is going to happen anyway. Perhaps not hyperinflation, but a fifty percent lose in buying power kills you almost as quickly as a 99% one.

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