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inflation causes

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size of the financial sector in GDP
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The profits of the financial sector are included in the calculation of the GDP.  Thus a burden on the economy is used to falsely inflation the figure used to gage growth of the economy. 

When viewing graphs gauged against GDP (such as trade deficit as percentage of GDP), remember that because of the inclusion of interest payments in GDP, the real percentage is much higher. 

 

 

A wee bit of inflation since Nixon
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Went off gold standard under Nixon

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http://www.freedocumentaries.org/film.php?id=214 on the Federal Reserve banking system, and their power. One cannot understand U.S. government’s relationship with the business sectors, or U.S. foreign policy without understanding the role of the Federal Reserve and other national-banking systems. They are the foundation of the 3-headed Hydra, the IMF, WTO and World Bank.