A major theme throughout the work also revolves around the idea of inflation as a hidden tax making warfare much easier to wage. Because people will reject the notion of increasing direct taxes, inflation is then used to help service the overwhelming debts incurred through warfare. In turn the purchasing power of the masses is diminished, yet most are unaware. This has the biggest impact on low income individuals since it is a regressive tax. CPI presently does not include food and energy, yet this is where the majority of poor peoples' income is spent.
He further maintains that most people are not aware that the Fed — created by the Morgans and Rockefellers at a private club off the coast of Georgia[3] — is actually working against their own personal interests. Instead of protecting the



