Monday, September 17, 2012

The Simple Truth

I can never understand why conservatives don't simplify their message.  People cannot and do not care to understand how the economy works.  What people want to know is that someone is looking out for them and that their "plan" will help them.  It doesn't even matter if it's true, only that people believe it.

Inflation is such an interesting topic to me, both technically and politically.  What is inflation?  In a nutshell, it's caused by the government printing too many dollars thereby reducing the value of existing dollars.  When inflation happens, a dollar can no longer buy what it used to, meaning that if you buy an apple today for $1, tomorrow that same apple might cost you $2.

All of this is well and good, but not very easy to explain, and not very easy to sell.  But, if we take a step back and think about it, our message is very marketable.  Who loses when inflation happens?  99% of Americans.  Almost no one considers protecting themselves from inflation, no one hedges against inflation, they don't know how to and they can't afford to.  Who hires high priced accountants and attorneys to protect themselves from inflation?  The rich.

The rich aren't to blame, it's the politicians who promote inflation.  They know that inflation robs the 99%, they just don't care.