ECONOMIC TERRORISM: vol 4, Inflation

MATERIALIST

Inflation is best understood by first understanding materialism. 

Having above average wealth/income and extensive material possessions are usually considered to be materialist.  Certainly some of such people are materialists.  However, that is not the defining factor of a materialist.

True materialist are those who do not have the financial ability to afford the extravagant lifestyle that they try to project.  Those are the ones who tend to strain their life, stretching beyond their means to acquire an array of material things that forge the image which they are trying to project.

As an example, a person who earns an annual income of $500,000 and purchases a new Lexus every year is not (necessarily) a materialist.  However, the person who earns an annual income of $50,000, and purchases “a” new Lexus is (most likely) a materialist.  The person earning $500.000 is spending about 10% of his/her annual income on this particular piece of material.  The person earning only $50,000 is spending more than his/her annual income on this piece of material.

People who have the financial strength and the economic structure to afford the extravagance of life within a historic-economic extension of themselves, without ignoring their social-political reality, they are not materialists—no matter how much wealth and “things” they have.   Their goal is not the material possessions.  To them the material conquest is just a battle in the war. It is a means of reaching their goal.  Many of them have worked to get themselves into financial strength with an economic structure, because they know that they have to have “material” power in order to get materialist people under them.

 The objective of the goal for materialist people is the material. 

The dictionary defines “materialism “as the: 

“…doctrine that the only or the highest values or objectives lie in

material well-being and in the furtherance of material progress “

it defines a materialist as one who has:

:                       “…a preoccupation with or stress upon material rather than intellectual

or spiritual things”

Grasping understandings of materialism is helpful in understanding inflation.  The common definition of “inflation” is:  “a rise in prices resulting from increases in money supply”.  Translating that into human terms, it means that, as described in volume 1, money is just a token of labor.   Since money is just a token of labor, inflation then is the devaluation of human labor which requires the materialists to exert more human energy to acquire more tokens from the container of tokens.