There remains a devastating myth which is perpetrated today that basically states that War is a necessary evil because of the benefit War provides society. Not only do wars get rid of "bad" guys, but think of all the rebuilding of infrastructure, towns and cities destroyed by the war and also all the jobs created for those making the tools required for the war...bombs, guns, tanks, policing forces, etc.
The myth considered gospel truth by those who repeat this lie, that "World War II stopped the Great Depression," go far deeper than mere foreign policy, however. The War on Poverty, the War on Drugs, the War on Terror, ad infinitum, are all stratagems designed to limit individual freedoms and in the process enrich those who stand to profit from our engagement in such wars. That is because each and every one of these "wars" is destructive to essential individual liberties which our Founding Fathers paid dearly for. Furthermore, the meaning of the two words, destructive and capitalism, are diametrically opposed to each other. As Warren Buffet writes, "A moat that must be continuously rebuilt will eventually be no moat at all."[i] So those men and women responsible for designing such "wars" are either attempting to completely alter the course intended for America to follow by the founding fathers, or they are ignorant. And for some reason, I can't fathom them as being the ignorant sort.
Of all these "wars" none is more devastating than the war deployed against our currency. But even this "war" is but an old scheme, one which was reincarnated from the ruins of Rome. And its official name is inflation.
Inflation can only occur when an absolute value of currency is not legally established and maintained. In Rome the Emperor himself "clipped" the edges of gold and silver coins to melt down and "re-create" more money. Then by dictatorial edict the Emperor declared the "new" clipped currency equivalent to the "old" unclipped currency. And surprisingly nobody was fooled by the Emperor's new clothing. The cost of everything that had to be purchased with the "new" currency went up.
Today the United States Congress has declared "war" on our own currency by abdicating the Constitutional obligation to establish and maintain an absolute value for our currency. Therefore inflation has eroded the value of your dollar to a mere 4% of what it was valued at in 1913.[ii]
So what are you to do? Again to quote Warren Buffet's shareholder's letter, "our insurance business – the cornerstone of Berkshire – had an excellent year."
It's time for you to join forces with those who understand how to win the "wars" unjustly declared upon them by others. And nobody accomplishes this better than the insurance industry. For over 100 years many insurance companies have consistently earned a profit while providing valued services to their policy holders. Learning to partner with insurance companies is an essential tool for you, not only to survive, but to thrive now and in the future.
By owning, and defensively wielding, participation whole life insurance in this inflationary "war" you can win and become constructively capitalistic. And by providing Constructive Capitalism you will become valuable to your entire economic community by effectively stopping the intended consequences of those profiting from the unnecessary "wars" they have declared on your society.
If you haven't read Prescription for Wealth by Tomas McFie and Becoming Your Own Banker by R. Nelson Nash, you owe it to yourself. Download Prescription for Wealth a free PDF file at www.life-benefits.com. Now is the best time to prepare for your future.
by Tomas McFie
[i] Warren Buffet's 2007 Shareholders Letter
[ii] Liberty Defended, Ron Paul