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Title: EVERYONE is talking about... INFLATION

Original CoS Document (slug): [[https://conventionofstates.com/everyone-is-talking-about-inflation|everyone-is-talking-about-inflation]]

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Created: 2022-07-15 21:46:00

Updated: 2022-07-25 03:00:00

Published: 2022-07-18 02:00:00

Converted: 2025-04-14T21:18:26.349172777


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Everywhere I go, someone is talking about inflation. People complain about the price of food, the price of gas, the price of electricity, and so on. Many of these people imagine that these high prices are inflation. We look for the cause, we look for the culprit, or we at least look for an explanation, but are we willing to be honest?\\
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There is one, and only one, cause of inflation. It is the increase of currency in circulation. There are many contributing factors that control the effects of inflation on our society, but the creation of currency out of thin air is the only cause. It is called math, and I have covered it in depth in my SubStack, “Inflation.”\\
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We constantly hear someone with a large public platform say, “all this money printing will lead to inflation.” Or, “too much money is chasing too few goods,” implying that this is all that explains rising prices, and it is these higher prices that we find offensive.

These “red herrings” abound, but are they helpful? Do they really address the problem, or are they simply diversions? \\
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I have written extensively about inflation in my SubStack, “Christian Americanism,” but I believe that it is extremely important that more people reject what they have been convinced to believe about inflation. \\
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Did you know that the Framers of the US Constitution were concerned about inflation? Or did you believe that inflation is only a recent phenomenon, too new of a problem for those living 200 years ago to understand? \\
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You may ask what makes me believe that our Constitution’s framers were concerned about inflation?\\
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For that answer, we must go to the source, the US Constitution.\\
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Article I, Section 8, Clauses 1-5:

> “The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;\\
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> To borrow Money on the credit of the United States;\\
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> To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;\\
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> To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States; **To coin Money**, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;”

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Article I, Section 10, Clause 1:

> “No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but **gold and silver Coin** a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.”

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Now that we’ve read what the US Constitution says about American currency, let’s consider what it means, and why our Framers might have been so inspired.

Article I, Section 8, Clause 1 begins listing what the US Congress shall have the power to do, and in Clause 5, we see that one of those things is making money. This includes setting weights and measures, but in Article I, Section 10, Clause 1, gold and silver are set as the mediums authorized to “be money.”\\
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Let’s ask ourselves why our constitution might set these parameters around the creation of American money. \\
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Why would they have stipulated precious metals as the official medium of exchange for our new nation? \\
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I would submit that they were concerned that the wealth, or the fruit of Americans' labor, could be stolen from them by the deceit of money manipulation. I would also interject that the money manipulation that they were concerned about is literally, “inflation.”\\
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Therefore, if we are to honestly address inflation, we must stop allowing ourselves to be deceived.\\
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I believe that the reason so many are reluctant to accept that inflation IS fiat currency is that they are either benefitting from the abuse of fiat currency or they have been successfully deceived by those that are. \\
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It seems that most Americans are not willing to admit the fact that their government has conspired to steal their wealth, especially to the multiplying degree that this theft is being perpetrated.\\
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Like alcohol abuse, as long as the addict refuses to admit their addiction, they are unable to overcome it. We Americans will continue to have our wealth stolen from us by our corrupt government, as long as we allow it.

So many “experts” are quick to tell us of “cures” for inflation, such as raising interest rates, but they refuse to address the fact that halting the creation of currency is the only cure, because it is inflation. All other techniques are flawed, and limited in their effectiveness, because they only manipulate symptoms, they do not address the cause.\\
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All other addresses are limited in their effectiveness because they will produce other adverse side effects and the cures for those side effects will compound the problem with other side effects, on and on again.\\
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The simple principal of stabilizing the amount of currency in circulation, through halting the creation of money, is the only action that can truly be effective. It will not come without adverse effects, but those can be tolerated and overcome in time.\\
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God bless you,

Dave