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If we have wealth, it will be protected from inflation and possibly even enhanced in value.
-William Greider
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If We Have Wealth, It Will Be

William Greider
If we have wealth, it will be protected from inflation and possibly even enhanced in value.
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Wealth Inflation Protected

More From William Greider

Significant changes in the growth rate of money supply, even small ones, impact the financial markets first. then, they impact changes in the real economy, usually in six to nine months, but in a range of three to 18 months. usually in about two years in the us, they correlate with changes in the rate of inflation or deflation." "the leads are long and variable, though the more inflation a society has experienced, history shows, the shorter the time lead will be between a change in money supply growth and the subsequent change in inflation.
Real Years Significant Change
What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation.
Commodity Prices People Investing
The drum-fire of propaganda that the fed is manning the ramparts against the menace of inflation brought about by others is nothing less than a deceptive shell game. the culprit solely responsible for inflation, the federal reserve, is continually engaged in raising a hue-and-cry about 'inflation,' for which virtually everyone else in society seems to be responsible. what we are seeing is the old ploy by the robber who starts shouting 'stop, thief!' and runs down the street pointing ahead at others.
Running Fire Games
The most important thing to remember is that inflation is not an act of god, that inflation is not a catastrophe of the elements or a disease that comes like the plague. inflation is a policy.
Important Elements Disease
The most obvious and yet the oldest and most stubborn error on which the appeal of inflation rests is that of confusing ‘money’ with ‘wealth’…real wealth, of course, consists in what is produced and consumed: the food we eat, the clothes we wear, the houses we live in. it is railways and roads and motor cars; ships and planes and factories; schools and churches and theaters; pianos, paintings and books. yet so powerful is the verbal ambiguity that confuses money with wealth, that even those who at times recognize the confusion will slide back into it in the course of their reasoning.
Powerful Real Book
It is true that so far as wealth gives time for ideal ends and exercise to ideal energies, wealth is better than poverty and ought to be chosen. but wealth does this in only a portion of the actual cases. elsewhere the desire to gain wealth and the fear to lose it are our chief breeders of cowardice and propagators of corruption. there must be thousands of conjunctures in which a wealth-bound man must be a slave, whilst a man for whom poverty has no terrors becomes a freeman.
Exercise Men Giving
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Can it be possible that all human sympathies can thrive, and all human powers be exercised, and all human joys increase, if we live with all our might with the thirty or forty people next to us, telegraphing kindly to all other people, to be sure? can it be possible that our passion for large cities, and large parties, and large theatres, and large churches, develops no faith nor hope nor love which would not find aliment and exercise in a little "world of our own"?
Party Passion Exercise
I would call the attention of the reader to the difference between "reason" and "reasoning." reason is a light, reasoning a process. reason is a faculty, reasoning an exercise of that faculty. reasoning proceeds from one truth to another by means of argumentation. this generally involves the whole mind in labor and complexity. but reason does not exist merely in order to engage in reasoning. the process is a means to an end. the true fulfillment of reason as a faculty is found when it can embrace the truth simply and without labor in the light of single intuition.
Mean Exercise Light
The administration of private justice between the citizens of the same state, the supervision of agriculture and of other concerns of a similar nature, all those things in short which are proper to be provided for by local legislation, can never be desirable cares of a general jurisdiction . . . the attempt to exercise these powers would be as troublesome as it would be nugatory; and the possession of them, for that reason, would contribute nothing to the dignity, to the importance, or to the splendour of the national government.
Exercise Agriculture Government
This solidarity can grow only in inverse ratio to personality... solidarity which comes from likenesses is at its maximum when the collective conscience completely envelops our whole conscience and coincides in all points with it... when this solidarity exercises its force, our personality vanishes, as our definition permits us to say, for we are no longer ourselves, but the collective life.
Exercise Personality Definitions

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