Last weekend, tens of thousands or, by some estimates, more than a million people descended on Washington to protest against high spending and the federal government’s expansion, but the National Inflation Association says few participants called on Washington to address the threat of inflation.
The protesters marched to the Capitol chanting slogans and waving posters that voiced a range of grievances against the government and some of its leaders, including House Speaker Nancy Pelosi and President Obama.
Organizations involved in sponsoring the march included the National Taxpayers Union, GrassFire.org, Tea Party Patriots, the Campaign for Liberty and FreedomWorks. The latter, a conservative organization led by former House Majority Leader Dick Armey, organized several groups from across the country.
FoxNews quoted one protester, a 57-year-old Vietnam War veteran and former Teamster, who said that although healthcare reform is needed, Obama’s approach was not the way to go.
"My grandkids are going to be paying for this. It’s going to cost too much money that we don’t have," he said.
Echoing his sentiments, NIA said it was disappointed none of the speakers at the rally mentioned the monetary inflation that is taking place and that it is says threatens to destroy the wealth of most Americans.
"We need to wake up America and help everybody become aware of how we will pay for and feel the consequences of the government’s destructive actions, and it will be through hyperinflation," it says.