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THE GREATEST THEFT IN HUMAN HISTORY! How the Banks and "Government" Will Steal At Least $1.4 Million From the Typical American Worker… "Legally"
By Etiennne de La Boette2 | September 29, 2026
Understanding the (Mostly) Invisible Theft: Inflation from Fractional Reserve Banking + Government Taxes + Social Security COLA Underpayment Etienne de la Boetie2
By Etienne de la Boetie2 Founder, Art of Liberty Foundation With research assistance from Anthropic's Claude Fable 5 & Opus 4.8 Max, xAI's SuperGrok, Google's Gemini 3.1, and OpenAI's GPT 5.5 – Get the book at Greatest-Theft.com with the Full Analysis Available at ArtOfLiberty.org/Inflation
NOW AVAILABLE AS A BOOK (September 29, 2026): The Greatest Theft in Human History- How the Banks and "Government" Will Steal at Least $1.40 MILLION from the Typical Worker… "Legally” is out in paperback and ePub at Greatest-Theft.com, with low-cost "Friends Bundles" (5 copies for $55, 10 for $85) for friends, family and colleagues. It also ships free with an annual Voluntaryist.News membership. Physical copies are impossible to delete, impossible to algorithmically censor, and impossible to put down! One early reader ordered 200 copies for sheriffs' departments and justices across North Carolina — then ordered 200 more.
A note on the numbers: Earlier previews of this analysis used private inflation indices and a gold-standard comparison in the headline figure. For the book, we anchored the headline to the government's own official CPI, used the Reality Index (realityindex.co) as our alternative CPI measure, and moved the gold-standard comparison out of the headline total, so critics have nothing easy to wave away. The $1.40 million is the floor, not the ceiling. The full math is in the book.
Let's start with a number: $1,400,000 (58% of gross lifetime earnings)
That is the amount the median American worker earning $60,000 per year will lose — over a 40-year career and 20-year retirement — to the fractional reserve banking system, government taxation, and Social Security benefit manipulation. Combined, these mechanisms extract 58% of gross lifetime earnings. The system doesn't just take your money — it erodes the purchasing power of what you earn and save, charges you interest on money created from nothing, and then rips you off in retirement by underpaying the Social Security cost-of-living adjustments you are owed. If you earn more, the theft goes up proportionally: $120,000 annual salary will lose $3.09 million, $250,000 per year loses $6.64 million, and $500,000 per year equals $13.96 million stolen.
Please go to gst.artofliberty.org to review the charts.
The chart above measures the total theft against a neutral monetary system with zero inflation — the basis of the $1.40 million headline. The chart below shows the larger, illustrative cost measured against a gold standard, where prices are benignly deflationary, and your dollar buys more each year. (The book keeps that comparison out of the headline total.)
This is not a political opinion. It is not a conspiracy theory. It is an accounting — cross-checked by four separate AI systems and built on primary-source data from the FDIC, the Federal Reserve, the BLS, and the GAO. When Claude Fable 5, SuperGrok, Gemini, and GPT all land in the same order of magnitude, the pattern is not noise. It's signal.
A note on the numbers: Earlier previews of this analysis used private inflation indices and a gold-standard comparison in the headline figure. For the book, we anchored the headline to the government's own official CPI, used the Reality Index (realityindex.co) as our alternative CPI measure, and moved the gold-standard comparison out of the headline total, so critics have nothing easy to wave away. The $1.40 million is the floor, not the ceiling. The full math is in the book.
Let's start with a number: $1,400,000 (58% of gross lifetime earnings)
That is the amount the median American worker earning $60,000 per year will lose — over a 40-year career and 20-year retirement — to the fractional reserve banking system, government taxation, and Social Security benefit manipulation. Combined, these mechanisms extract 58% of gross lifetime earnings. The system doesn't just take your money — it erodes the purchasing power of what you earn and save, charges you interest on money created from nothing, and then rips you off in retirement by underpaying the Social Security cost-of-living adjustments you are owed. If you earn more, the theft goes up proportionally: $120,000 annual salary will lose $3.09 million, $250,000 per year loses $6.64 million, and $500,000 per year equals $13.96 million stolen.
Please go to gst.artofliberty.org to review the charts.
The chart above measures the total theft against a neutral monetary system with zero inflation — the basis of the $1.40 million headline. The chart below shows the larger, illustrative cost measured against a gold standard, where prices are benignly deflationary, and your dollar buys more each year. (The book keeps that comparison out of the headline total.)
This is not a political opinion. It is not a conspiracy theory. It is an accounting — cross-checked by four separate AI systems and built on primary-source data from the FDIC, the Federal Reserve, the BLS, and the GAO. When Claude Fable 5, SuperGrok, Gemini, and GPT all land in the same order of magnitude, the pattern is not noise. It's signal.
Today, the Art of Liberty Foundation releases The Greatest Theft in Human History as a book — in paperback and ePub at Greatest-Theft.com — the most comprehensive public accounting of monetary extraction ever attempted. Here's what we found.
The Number That Should End the Conversation
The dollar has lost 96.8% of its purchasing power since the Federal Reserve was created in 1913. That's not an estimate. That's from the Bureau of Labor Statistics' own CPI Calculator. During that same period, the M2 money supply expanded approximately 860 times — from roughly $25 billion to $21.5 trillion (as of January 2025). Real GDP grew approximately 41 times. The gap — roughly 21 times more money per unit of real output — represents purchasing power transferred from everyone who holds dollars to those who created the new ones.
Those new dollars were not created democratically. They were created by banks — private institutions that generate money by typing numbers into computers when making loans — and the “government” who also conjured it up out of thin air, even though it is inflationary and even though it steals value from those who earn and save — and injected into the economy through a network of 26 "Primary Dealers" who get access to newly created money first, before prices adjust. By the time that money reaches your paycheck, prices have already risen.
Please go to gst.artofliberty.org to continue reading.
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Here is another angle to the ongoing theft. "We're dancing on a razor blade. One little slip, and this is game over." Mitch Vexler at Mockingbird Properties says the bond math is financial suicide and the contagion could go global in hours. Here's how you can better prepare:
You are surety for the bonds:
America's $40 Trillion Debt: The Point of No Return Has Arrived
Because they are the down trodden, the outcasts, the ones who slipped through the cracks, the ones slammed hardest by theft (inflation), the slaves:
Why Are There So Many People Living In Third World Conditions In The United States?
Why Are There So Many People Living In Third World Conditions In The United States?
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