tag:blogger.com,1999:blog-53246864840716464.post7089269986006468954..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: War Causes Inflation ... And Inflation Allows The Government to Start Unnecessary WarsUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-53246864840716464.post-27215758598602688212011-05-23T15:29:37.625-07:002011-05-23T15:29:37.625-07:00I am interested in the connection between central ...I am interested in the connection between central banking and it ability to issue unlimited money and advance credit, financing of wars, government's unlimited ability to borrow by issueing bonds, and the unchecked growth of military intelligence complex and how they feed on each other to the detriment of real economy and needs of the people.Susmitahttps://www.blogger.com/profile/06086106024522573115noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-68547722140530962142011-01-30T23:36:46.290-08:002011-01-30T23:36:46.290-08:00Inflation has one cause - the generation of more m...Inflation has one cause - the generation of more medium of exchange (money) than the need generated by the production of goods and the deliverance of service. Only central banks can deliberately inflate the money supply, and that is only possible with irredeemable (soft) currency. <br /><br />It is more accurate and more helpful to say inflation is often the cause of war. Saying that war causes inflation is like saying wet streets cause rain.<br /><br />Inflation is a very handy tool with which to wage war, and with such a tool war is very tempting. The usual cause for war (and inflation) is man's lust for dominion over his neighbor. It's a spiritual thing.franktruthhttps://www.blogger.com/profile/17891566113431581008noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-35840625889159953962011-01-03T07:15:56.934-08:002011-01-03T07:15:56.934-08:00While I think your overall point is correct and yo...While I think your overall point is correct and your piece was mostly educational, there is something fishy about the stats you took from Judy Shelton's "Money Meltdown."<br /><br />"...during World War I, when prices rose from 1917 to 1918 by 126%..."<br /><br />According to this website, it was less than 20%:<br />http://inflationdata.com/inflation/Inflation_Rate/HistoricalInflation.aspx?dsInflation_currentPage=7<br /><br />"...during World War II, when prices rose from 1941 to 1945 by 108%."<br /><br />Try 26%, January 1941-January 1945:<br />http://inflationdata.com/inflation/Inflation_Calculators/Inflation_Calculator.asp#calcresults<br /><br />Might want to edit her stuff out, or dig into her book more to see how she came up with those numbers!karen2222https://www.blogger.com/profile/12953357333764470345noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-53832554838400248022011-01-02T20:17:42.635-08:002011-01-02T20:17:42.635-08:00I'd guess that the decline of the dollar is a ...I'd guess that the decline of the dollar is a way of expressing inflation. As with inflation, it now takes more dollars to buy a good or service.Mike Ballardhttps://www.blogger.com/profile/05410520975856239745noreply@blogger.com