Quantitative easing.  It sounds sophisticated.  Complicated.  Important.  Even critical.  The term is thrown around by the fed and the treasury as if it is the highly intricate concept that they are implementing to save the economy, and perhaps, our government from bankruptcy and collapse.

It's not complicated, though.  "Quantitative easing" is a fraud that is being perpetuated by our government and the private banking organization called the Federal Reserve.  If you or I participated in "quantitative easing" we could literally be given the Death Penalty.

Quantitative easing is quite simply the act of printing money.  Lots of it.  Our government permits the federal reserve to "print this money" (actually pushing enter on a keyboard and creating electronic currency) because there is no market to borrow the funds in the form of bonds.  There is no market because interest rates are near 0%, which is the primary lever that the Fed uses to push money into or retract money from the economy.

So when you don't have enough money and you can't borrow any money, just print it!  Hey, it's our government which means it's for us, so why should we care?  Here's why.  Every dollar that expands our money supply beyond the growth rate in goods and services creates inflation.

Inflation is the biggest tax that our government charges us.  And it's hidden.  In fact, our annual inflation rate reported by our trusting federal government as recently as October, 2010 was 1.2%.  Are we really supposed to believe that?  Does anyobody from the federal government fill up their car or go to the grocery store?  In 2009, the federal government reported that costs decreased.  Not in my house, they didn't.  Our government tells us how they calculate the CPI , but because everyone's individual purchases are different, your own inflation rate can be quite different.  Inflation's obscurity is what allows our government to tax us in this manner without complaint, and quite frankly, without representation.  The last time I checked, my Congressman didn't vote on our inflation rate.

In just over 20 years, at an average inflation rate of 3%, every dollar you have in savings is worth half.  Every dollar you earn working at your job will buy 50% of what it bought.  Think back to 1985.  Remember 29 cent hamburgers at McDonald's?  I do.  First class postage was $.20.  A gallon of gas was $1.20.   A gallon of milk was $2.26.  Now we pay $.42 for a stamp, $2.70 for a gallon of gas (and we're glad about it), and $3.50 for the milk.  Here's the thing.  Inflation is not a natural phenomena as we're led to believe.  It's a tax perpetuated by our government through their expansion of the monetary supply.

And it's a fraud.

Ron Paul is one of our few leaders who understands the fraud and wants to do something about it:  End the Federal Reserve.  The Federal Reserve is not a government entity, nor is it necessary for a sound financial system.  The Federal Reserve system is a private banking organization permitted to operate by our federal government because the federal government is its greatest beneficiary.  If we eliminate the federal reserve and return to sound monetary policy, we can resolve one of the greatest threats to our personal prosperity.

It's time to act.