The centralization of costs and wages

www.marketwatch.com...

The Federal Reserve considered setting an official inflation goal last fall and the issue could resurface in 2011, according to a report in the Wall Street Journal on Monday. Proponents of the formal target said it would give the Fed credibility and help anchor inflation expectations. A video conference on the issue last October got bogged down as some Fed officials questioned whether it was needed, the report said. At the moment, the Fed has an informal target range for inflation of 2% or just a bit below.

According to wikipedia inflation means:

In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time.

Thus if the Federal Reserve wants to set a target inflation rate doesn't that equate with them wanting to control the cost of goods and services in an economy which means they also want to control the income of people too? So I take it as meaning they want to centralize costs and wages within their hands, controlling the entire economy from one independent and central location.

Is this a new power grab by the Federal Reserve or has this just always been?

It seems like the Soviet system to me.

reply to post by Misoir


these monsters have slithered thru the last 600 years w/o their names being known. Now that the unintended consequences of the internet has been expolited by those who each add their little nugget of truth to formulate a pattern consistent with those brave souls such as Smedley Butler, Jefferson Davis, and all the spec ops guys from Nam who were considered Tinfoil hat team members or "their brains are ate up with Agent Orange".

the consiracy theory is now a fact.. just like the Mel Gibson movie so many sheeple refer to, WHICH BY THE WAY ended with him NOT being crazy..most sheeple leave that part out..

-------------MY POINT SIR or MAM-----------
the fed/TPTB are now in your face with the obvious because it is an all out sprint now to the "turning point".. which can still go horribly wrong either way.. no reason for a operator(sniper,assassin) to slow crawl undetected one spotted, now its a different ball game

i mean "once spotted"

love the JBS thing btw..

Inflation is a result of more money entering the market. The main purpose of money is to balance the forces of supply and demand. When there is more money in the system, the price increases to maintain this balance. The Fed has gone rogue with the printing presses running at full speed and Trillions of digital currency flooding the system. This has lead to inflation increasing. The way the government measures inflation is about 5% lower than the actual inflation rate from some reports, the government fudges lots of numbers so they look good. Just look at you food shopping and energy bills over the years to see how inflation has affected you.

There are other things that affect the supply of money. For example if China and Japan lose faith in the USD and put all their reserves on the open market, then a state of hyperinflation will result as the money supply expands. If they decided to burn it all instead then it would result in deflation as the overall money supply shrinks.

Thus if the Federal Reserve wants to set a target inflation rate doesn't that equate with them wanting to control the cost of goods and services in an economy which means they also want to control the income of people too?

I see it more equating to the government trying to put the brakes on this rogue organisation and limit the amount of new money that it is creating. There are lots of technical ways to fudge and alter perceptions with the economy. An accurate gauge of inflation is one way to measure the overall health of the system.

Is this a new power grab by the Federal Reserve or has this just always been?

It started around the time of the great depression during WW 1 or 2. It has a long history with a lot of powerful people and families involved. The association to a soviet system is accurate in the way it has centralised power for the benefit of the oligarchy and detriment of the people. The government is now an organisation that runs on money with legalised bribery through special interests, lobbying and other funds. Those who control the money, control the government. An invasion by stealth.