He's absolutely right: monetary expansion and credit expansion ("inflation") is slavery-as-such. The chains and whips are invisible, but they are just as real, even more real. The plantation hand could only whip you when he was around, otherwise, you were pretty much free within the confines of your enslavement. Not so you and I. Not only had you better learn how to swim (or sink), but you better learn to tread water faster and ever faster as the whirlpool of inevitable economic devastation whirls faster and faster. Your every breath is the chattel property of the Federal Reserve. All praise the Fedgod!! All praise the Fedgod!!