Capitalism is Dead in the USA

I hear many people speak of Capitalism and saying that capitalism in the USA is alive and well.

Well, have people stopped to think what Capitalism really is? I believe what we have in the USA is what many have already called “socialism for the rich”.

This is evident everywhere, bankers being bailed out at the expense of tax payers, White collar criminals stealing countless millions and even billions and doing a relatively small amount of soft time, etc. This is not Capitalism.

Capitalism is a system where there are checks and balances, a system where the government makes the guidelines fair and equal for all and not slanted to the side of the wealthy and powerful. It is a system where the financial markets are allowed to move up or down naturally without government interference, other than the guidelines already in place from the beginning. Any government bail outs amounts to Socialism. Capitalism is a system where market forces unfold without interference or manipulation from the government.

Many may say that if the government does not bail out the troubled sectors then it will be dooms day, well if the government was not interfering and manipulating to begin with we would have never been in this position.

Again, Capitalism is a system of checks and balances and market forces unfolding in an organic way. What we have in the USA today is not Capitalism. Capitalism contracted cancer in 1913 with the creation of the Federal Reserve and died in 1971 when the Gold backing for the dollar was removed.

The only honest checks and balance vehicle is gold and until we go back to an honest gold backing for all currencies then we will go through this situation again and again, the next time worse than the last.

The problem with the Gold Backing is that with it the Wealthy and powerful will no longer be able to rig the system by creating money out of nothing and using it to acquire real assets and also enslaving us by chronic debt. With gold backing we will be playing on a fairly even field but that is no good for the monsters that control our lives today.

If one were to go back and check the check the CPI from 1800 to 1913 you would see that it was basically a flat line from 1913 to 1971 there was a gradual rise, however, from 1971 to today the increase is basically a vertical line.

What we have in the US today is not what the founding fathers had in mind, it is NOT Capitalism. Citizens of the US must demand a rebirth of Capitalism by starting with a return to a gold backed currency.

Massive inflation ahead

Many believe and have been taught by our educational institutions that inflation = increase in the price of goods, commodities and services. However, that is only the result of inflation and not inflation itself.

There is only one type of inflation; monetary inflation. Therefore, inflation is the increase in money supply and deflation is a decrease in the money supply.

As it stands right now, there is a massive increase in the money supply and, therefore, look out for massive inflation in the future. You will see this reflected in gold price.

As a matter of fact over the past 6 yrs gold has doubled in price and still has a long way to go.

I expect Gold to hit at least $2000.00 by the end of 2011