Columnist’s message lost on newspaper readers
You published on these pages Stephen Moore’s, “Why the Fed is right to inject the economy.” This is written by a former member of the Wall Street Journal editorial board, which is to say, written by and for the economic intelligentsia, not the 缅北禁地 readers. Those who follow the developments, the wave action of peak to trough to peak pattern do not read the Herald Standard specifically for economic information or commentary as you offered to us. We can go to other sources for opinions regarding how to best stabilize one’s financial good fortune. This is what is important to your readers.
I offer the following:
Every intelligent person existing as a member of the present capitalist economic system here in the USA has already done their homework regarding how to best survive run-away inflation or economic collapse. We have stockpiled appropriately, hidden away weaponry, eliminated all mortgage, automobile payments and other indebtedness. Along with having done the above we have no fear of whatever might come, having done what is to be done that is reasonable as far as knowing what might come that threatens our economic well-being.
Nothing written by or for the so-called “economic intelligentsia” has any value because whatever is going to come had its cause long ago when President Nixon took the dollar off the “Gold Standard” and left it up to the Federal Reserve to determine the purchasing power of their Federal Reserve Notes, which their fiat dollars really are.
What make the system work is hypnosis. “Believe the dollar is real money. Keep on putting your faith in the fake money which you are saving. Have faith in us, the people who rule your economic destiny.” This is the hypnotist’s mantra repeated over and over again and again until everyone who is not awake believes in the reality of the Fed’s Federal Reserve Notes.
But the Federal Reserve notes are not real money. Gold, silver, platinum, even coal or firewood is real money because it has intrinsic industrial, home heating, commodity exchange value, value that men can depend upon when we can no longer depend upon paper money.
If your media message is to strengthen and reinforce the faith in a false monetary system based upon human psychological mesmerism, then, by all means, baffle us with bull coming from Stephen Moore. But if your media purpose is to uplift us economically so that we will be strong during all kinds of economic trials and tribulations, then you are saving your own skins, since your newspaper depends upon the financial survival of your customers, does it not?
Of course it does. So by publishing this letter you will be reminding your supporters to put away some real money, some canned goods, rice, firewood, ammunition, land holdings, real estate rental properties, fuel, propane, firewood, coal, gasoline, wheat, garden produce seeds, gold coins, silver coins, clothing, shoes, alcohol, medicines, etc., and be prepared for the worst while staying above it all, just watching for the next major disaster to wipe out all faith in fiat dollars, the topic of this article.
S. Raymond Pohaski is a resident of Uniontown