Author Description

Welcome to the inflatocracy-our new form of government of, by, and for inflation-in which deliberately debasing our money has become a tool of social engineering, mind manipulation, wealth redistribution, and secret taxation. Inflation empowers Washington inflatocrats to pick the pockets not only of Americans but also of Germans, Chinese, Brazilians and South Africans, imposing a hidden tax on people around the world who trust paper US dollars as their reserve currency-a worldwide tax that exports our inflation, all to feed our politicians' power-mad addiction to stratospheric spending. The inflatocracy, and the huge welfare state it makes possible, have brought America to the brink of bankruptcy. In The Inflation Deception, monetary expert Craig R. Smith, the chairman of Swiss America Trading Corporation and former think tank futurist Lowell Ponte explain how the inflatocracy took over our government. They offer three political and three financial ways to restore a free and prosperous America.