Yes, inflation is global; mostly. That’s because all of the western governments and their central banks followed the exact same pandemic lockdown & spending instructions from the World Economic Forum.
The plan -as outlined publicly, was for government leaders to lockdown the economic activity (supply side), then spend to subsidize and fill the losses in economic activity (demand side), then reopen the economies using the Build Back Better agenda as a reset moving the underlying energy economy away from fossil fuels.
This was the collective plan, and they all followed the exact same playbook. This is the origin of inflation. The BBB plan disrupted the supply side, then triggered a reopening of the demand side while the supply remained scarce. Simultaneous to the reopening, all former energy development processes were no longer supported by investment or policy.
In the aftermath, the energy sector was fractured and combined with higher costs for the production of all goods, that’s what is continuing this upward inflation spiral.
CANADA – Canada’s annual inflation rate accelerated to 7.7% in May, the highest since January 1983, on gasoline prices, as well as services like hotels and restaurants, Statistics Canada said on Wednesday. Analysts polled by Reuters had expected the annual rate to rise to 7.4% in May from 6.8% in April. (read more)
U.K. – Soaring food prices pushed British consumer price inflation to a 40-year high of 9.1% last month, the highest rate out of the Group of Seven countries and one which underlines the severity of the country’s cost-of-living crunch.
The reading was up from 9.0% in April and matched the consensus of a Reuters poll of economists. Records from the Office for National Statistics show May’s inflation was the highest since March 1982 – and worse is likely to come. (read more)
The rate of individual nation inflation is directly related to the scale of the individual government spending in proportion to the size of their economy.
Food inflation has been bad all year. However, the third wave of food inflation is still 60 to 90 days away, and that wave from the field will be double the first two waves once it reaches the stores.
Supply side inflation, primarily driven by increases in energy costs, continues flowing through the global and domestic supply chain as reflected in the producer price index. However, demand side inflation is no longer attached to durable goods. Demand for non-essential goods and services has dropped as housing, food, fuel and energy costs are now the priority.
Prepare your affairs accordingly.
Red Green Show should be running Canada !
Prepare your affairs accordingly.
Recurve practice commences tomorrow.
Never bring a bow to a gunfight.
Learn to reload.
The Big Club Members are trying to take away our Constitutional Rights, before enacting even more severe draconian laws. … There is a reason the Bill of Rights were included in the Constitution.
Hopefully, all the fights will be just political fights, in our future.
Disclose.tv
JUST IN – German producer price inflation surges to 33.6 percent in May, the highest level ever recorded since 1949.
@disclosetv
I hope I’m not wrong but at some point…probably heading into the brutal cold of winter…the German population will be voicing their “displeasure”. If not before. They are the canaries in the satanic WEF coal mine.
Going to get real interesting when the people in the EU are freezing to death this winter and with no food. The people may make the Russian Revolution look like child’s play.
Even more interesting when their millions of “guests” decide they want heat and food, too, but don’t have the “English reserve” commonly held by the natives.
Just maybe; all of Europe will undergo a DE-IMMIGRATION. Depends on how much welfare they provide.
Their finance minister recommended returning to nuclear power plant operations. Smart and brave he is, in that woke country!
It is almost as though someone planned the demise of western economies. Though it could (as previously mentioned) be a severe case of taking advantage of a crisis. It seems too scripted to me, the riots following an incoherent playbook, any criticism of which was either actively suppressed or the individual pointing out obvious logical flaws was viciously attacked. Same with covid policy, where any reports of early treatment successes were vindictively buried, along with their authors. Or the obvious voting irregularities, any criticism of which is suppressed as much as democrats can muster.
We know this is a color revolution. Once you see the strings, you cannot unsee them. Many thanks, Sundance. I’d rather know the truth.
A color revolution indeed. A green revolution, as green is the new red.
Yes, but why is it in the anglosphere and not as bad anywhere else?
Because it is already not so good everywhere else. Those people are in poorer countries and have less slack in the rope, (so to speak), and would not tolerate what we anglospherians do…….
Bigdog35: True! The globo-commies want to bring the West down to the lowest common denominator.
The anglosphere has been layering sanctions on Russia and wrecking the flow of Russian commodities to Europe, the UK, Canada, and the US.
8.6%?? Uh, no.
War is the only answer.
We must attack Russia now!
Today’s irony is tomorrow’s headline.
Biden’s puppet masters are trying to destroy this country.
It’s what they do. No?
Biden sancitons on Russia combined with his shutting down frakking and new oil production and his war on coal all have sent Gasoline through the roof. He’ll sent 40,000 million to the Ukraine, but he won’t spend one penny to secure our Southern Border. He loves criminals and won’t touch a hair on antifa’s head, while border security and policemen are subject to DoJ probes and investigations. He just spent $Trillions on Graft and money for his friends. It was labeled “infrastucture” but nobody can tell you exactly where the money went.
People need to start electing the right people and stop being so dumb.
You mean Obama, ValJar, Soros and Susan Rice?
O’Biden stole the election, many are not so dumb. In my red state, a RINO was just installed as the GOP chair – not voted in, stolen, too. There’s a reckoning coming.
I just think it would so fitting, and just a little bit ironic, if – when these WEF clowns get strung up – at least a few of them get ensconced with piano wire outside gas stations. It would be so delicious.
Think food prices are high now? Wait ’till they get to harvest time, tractors don’t run on solar energy and those seeds and fertilizer were astronomical! A food shortage and Biden increases ethanol to 15%? That’s corn and our engines weren’t designed to run on that high of corn. The engine will be damaged. America better awaken soon and pee on that woke BS!
Friend of mine works for General Motors. 15% ethanol will cause damage to combustion engines and everyone knows it.
However, engineers at GM found that by adding fuel stabilizer (the small pink bottle you put in your lawn mower just prior to winter) eliminated the problems caused by 15% ethanol.
Fuel stabilizer is the elixir to 15% ethanol gasoline.
15% ethanol is going to kill your combustion engine, which is likely intentional and being done on purpose to force people to buy electric (coal and natural gas powered) vehicles. Stock up on fuel stabilizer.
On a side note, people I know that work for multiple car dealerships tell me that “nobody” is asking about electric vehicles, which I found surprising at first, but on second thought the lack of demand makes sense because electric vehicles are too expensive, cause more environmental problems, are unreliable in cold weather, and you have to replace the battery every 8-10 years at an enormous cost – about $12,000.
The market will ultimately decide, and Honda is ahead of the curve. They know that the demand – even with $5 per gallon (or more) gasoline simply is not there. GM on the other hand is investing billions of dollars in Electric Vehicles with money given to them by Obama’s taxpayer funded bailout.
Thanks. I’ll stock up on Sta-Bil tomorrow. Much appreciated.
Sheri Young: Me, too. Soon as I can. I use Stabil in my Honda generator.
Driving through a small farming community in Missouri a few days ago, I found one pump with “100% gasoline, trace amount of ethanol.” I bought it. The other pumps had ethanol.
Might want Star Tron Enzyme Fuel Treatment Concentrate.
My brother says he uses Amsoil Quickshot.
The warnings of rolling blackouts across the nation don’t really instill confidence in electric cars.
But the demand for hybrids that do not plug in, like a Toyota Camry Hybrid, is off the charts. Can’t find them. $30k for a nice, well built sedan that gets 45-54 mpg, goes 500 miles before a fill up and then fills up cheap, and no plugging in.
Hybrids (gas and electric that you don’t have to plug in) are great. Gives you the best of both, great product and the demand is high because the product offers what people want – great gas mileage with the reliability of a gasoline engine too. That’s a smart, affordable, and attractive product for people to purchase.
But noooooooo, you can’t have that! The government wants to be able to shut down your EV at any time they so desire. That’s another big drawback with Electric Vehicles. Our corrupt government can simply send a satellite signal to your EV and shut it down making it inoperable. No thanks.
The hybrid F150 with the generator saved many Texan lives during their winter power failure from green energy reliance.
Just so folks remember, just prior to the freak storm in Feb 2021, wind had been providing 35% of power in Texas. On three occasions during the freeze wind power generation went to zero! Had it not been for a huge increase in natural gas power production, many people would have died. Yes, the natural gas pipelines had some difficulties with freezing, but even then gas power was higher than before the storm, all while wind was at zero.
Wind is a complete joke paid for by taxpayers
Here in NY we have acres and acres of farmland now covered with solar panels. We can get several feet of snow during the winter months with little daylight. I just cannot make sense of the lack of common sense. These solar panels will cause a lot of damage to the environment especially the soil when they eventually breakdown. This is intentional destruction of food producing farms.
To be fair, that can be done to any car with connectivity. And if your car wasn’t outfitted with direct communications and someone really was motivated they could figure out a way to piggyback using your phone Bluetooth to access the car.
Only guarantee is to never have a communication device that can link your car to the system.
Walmart (Murphy) sells non ethanol gasoline (87 octane) in some places in North Texas. Cost has been about 40 cents/gal more. Been using this in small motors and my ancient pickup (has carburetor). My 22 year old riding motor is still running.
There is a way to remove ethanol but I am lazy. (add water to gas (ethanol will combine with water and separate) then drain off the water)
PRI-G
Biden has been urging big companies to quietly buy fertilizer from Russia.
Not to worry. The Stupids who took the clot shot and 4 boosters will start declining in numbers. The useless eaters will be Bill gates dream come true.
A Pew Research Center survey (1,324 respondents) was released today and covered by countless Canadian news sites. It found “that only 61 % of Canadian respondents said they have confidence in President Joe Biden to do the right thing on the world stage — a steep decline from the 77 % who said the same thing in 2021…84 % of Canadians (also) consider the U.S. a somewhat or very reliable partner — a 16-point increase over the previous year.”
To “heck” with polls but the Poll article itself is a calculated attempt by Trudeau’s bought media to continue propping up the Biden illusion to gullible, uninformed Canadians just like the GOPe including McConnell, Cornyn, Graham and so on are doing in the USA. (Tucker tonight)
https://ottawa.citynews.ca/national-news/canadians-more-trusting-of-us-as-ally-but-less-so-of-biden-pew-poll-suggests-5505802
“Narrative” inflation numbers will bit be allowed to touch the psychological point of 10% in any “western” nation regardless of actual number. Yes, I know real inflation is probably 15-20% currently. But we are talking about the occupant and BSN enablers here. I doubt published inflation will touch 9. 6-8% just to leave a buffer. I will be very surprised if they allow a 10% inflation to be published anywhere.
Dang, “…..inflation numbers will not be allowed….”
It’s all by design.
Build Back Better is The Big Lie. The stolen election is an Inconvenient Truth.
FJB and F Roy Blunt.
BoJo has already been subjected to a nonconfidence vote. Even though he technically cleared that hurdle, he is damaged and likely won’t last much longer as prime minister. One thing that helped save him is the lack of leadership talent evident on the political horizon. Even The Guardian popped him this week for seeking time with Zelensky when the political heat rises in the UK.
https://www.theguardian.com/commentisfree/2022/jun/20/boris-johnson-volodymyr-zelenskiy-phone-call-kyiv-aid
Now Chris Patten, the former head of the Conservative party, says BoJo is a disaster.
In January of 2020, gasoline was about $2.30 per gallon in my neck of the woods. Today it is $4.79. That is over a 100% increase.
I own a restaurant. Food costs have skyrocketed.
Turkey breast in January of 2022 cost me $3.69 per pound. February $3.89 per pound. March $4.29 per pound. April $4.69 per pound. May $4.89 per pound. June $5.29 per pound.
That is a 43% increase in the cost of turkey breast in six months.
Frying oil used to cost about $18-$22 back in 2020. You can’t find it today for less than $40. 100% increase.
A case (4 gallons) of Mayonnaise used to cost about $27-$33 over the past ten years. Today it costs $50.
I went to McDonalds a few weeks ago for a cup of coffee. The customer ahead of me in the drive-thru ordered 1 egg McMuffin sandwich. I saw the price on the large LED screen that displays your order.
1 Egg McMuffin sandwich was $4.59 plus tax. That’s nuts! It’s a muffin with 1 egg, a slice of American cheese, and a thin slice of ham. What a ripoff!
McDonalds used to have a good cup of coffee, but now it sucks. For almost 20 years I always got my morning cup of Joe at McDonalds. The coffee was good, and a large was less than $2. Now that the coffee tastes like a wet paper bag, I went elsewhere. $3 for a cup of coffee at Dunkin Donuts! That’s $18 per week for me, plus the cost of gas while idling in the drive-thru figure $20 per week.
That’s over $1,000 a year for coffee!
So I said screw that, and now I brew my cup of morning Joe at home and it costs me about 25 cents per day.
Cost cutting measures add up. I also cut out my “organic” diet after watching a video online that exposed the USDA organic food scam. Grocery stores charge a premium for “organic” food but what many people don’t know is how the USDA organic label is nothing but a way for grocery stores to charge customers more money for food that isn’t really organic.
Want to save more money? Call up your cable company and tell them you’re cutting the chord, the price is just too much. I guarantee you that whoever you’re talking to will not only lower your monthly payment, they’ll give you more channels!
And that cell phone bill you’re paying through the nose for….
I pay less than $70 per month for unlimited service with Consumer Cellular for my I-phone. You don’t have to go through the big name carriers to get the exact same service, with better customer support. Tell AT&T, Verizon, Sprint and T-Mobile to go stick it and save yourself a ton of cash!
Congress Built Back a pay raise 21% to pad themselves, their family, and their employees during the inflation that they fully expected as they Installation of OBiden — after stealing the 2020 Election.
21% is part of the NWO Set’s aspirational inflationary goals.
Don’t worry —Congress won’t feel a thing but will use this new emergency power grab to hurt us this great nation even further.
Damn FJB and the One World elitists! My pain will be felt by you beginning this November!
So I’d like to ask… Knowing that this has been going on for a century are you still falling for the two year cycle of… We’ll surely out elect our problems this time?
Probably time to trade those lofty morals for some actual principles.
These are the evils of men and will only be undone by men.
Undone by men who understand the actual reason for the second amendment.
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Whoops, edit back better….
World-Wide Evil Doers.
Or, as they say, “Build Back Better”
a punnet of strawberries,blueberry or raspberrys was $4 australian dollars in jan 2022
now $9.lettuce 2 for $1 now $10 per lettuce
Turn on the pipelines, open up the refineries, impeach Biden and all the counterfeit Republican’s that got paid by NRA to stand up for gun rights who voted yes for gun control law.
And the one country that did not follow the plan has the strongest performing currency. You guessed it. Russia.
I would say the percentage is an average.
Look at municipal taxes for your home. In my case, they shot up some 30%. Real estate has tripled in price in many cases. What to say about gas? Now, let’s look at food: junk food is stable but meat is another story, much more than 8%. A good pineapple that would sell for $3 is now selling for $5.
Establishing the inflation rate at almost 8% would probably mean they’re taking into account products imported from China and other Asian-producing partners.
Watch this, we seem to be doomed.
https://www.brighteon.com/aeef8f40-6235-4290-8018-4c4ce428e3f2
There are many people who think they can vote their way out of this. The Republicans are busy funding a proxy war with Russia, violating our 2A rights based on a tragic event wherein the cops illustrated their complete lack of empathy towards children being murdered and this requires disarming the public and pivoting to mass illegal migration normalization. Aside from the economic meltdown, there will be another manufactured excuse to interfere in the election. Heads or tails the Uniparty wins. The Republicans aren’t even faking it anymore.
PlannedDemic! The WEC is in cahoots with the Left, China, as always. We chose NOT to get the Bill Gates, the Drug companies injections! What a shame and a sham. What exactly happened to the yearly flu? It just disappeared? Now they will have you believe you still need a booster …. bah hum bug!
There is another “fail” going on that most people don’t see. Biden/Dems/WEF folks wanted the dollar to crash against other currencies. Unfortunately for them, the dollar exchange rate is steady or improving against most other major currencies. That means inflation in the price of imported goods is not changing much, and against the EU the relative prices are dropping slightly. China strictly controls the exchange rate of the Yuan so that doesn’t count.
So it’s even more obvious that covid was intentional and the catalyst for this plan
We tear it down so we can build back with the people doing less and the powers to be doing better!
According to this Deagel forecast the UK will be the most drastically reduced in population followed by Ireland and the United States of America. Because that’s the plan. Eliminate people in the countries who expect the most freedom, who are the most Christian in their cultural worldview. They’ve forecasted up to 68.5 % of the U.S. population gone by 2025 while Russia and China are reduced by only .5 and 1.6 respectively. For some reason they expect the population of Lebanon to grow by 59.5%. Luxemburg loses 61.3% while the Netherlands remains pretty much the same. – https://nobulart.com/wordpress/wp-content/uploads/2021/08/Deagel-2025-Forecast-by-Country.pdf
Those Deagel forecasts are basically a prediction that things will get so bad in the U.S. that virtually everyone who can — all but the unhealthy and elderly — will emigrate and most substantial businesses will move to other countries.
I don’t think either of those things is likely to happen. That doesn’t mean we won’t suffer substantially or that our population won’t at least stabilize rather than growing by millions a year but predictions of demographic collapse on that scale aren’t credible.
You can find some discussion of the forecasts if you search. What you won’t find is a good explanation of the model and modelling assumptions.
So what happens when people can’t afford food anymore?
Shoplifting? Riots? Starvation? Cannibalism? Suicide?
Hopefully a mass revolt against the elites and politicians. They deserve to feel our wrath., and not just at the ballot box.
Totally agree with Samantha! I took a pic of the price of unleaded in Liberty Hill Texas of all places in 2021. It was $149.9. Now here in central Texas we’re at $4.49. These gubmint number are cooked!
If you care about the 2nd amendment, get off your backsides and call your senators demanding they not pass the latest gun control. 14 gop turncoat traitors are voting for it!!!
Americans bounce from one crisis to another. Pandemic, deadly vaccines, Ukraine war and now inflation. Sadly, it took high gasoline prices to get the attention of most of the dolts. Gasoline prices are only a symptom of a very sick and easily influenced, due to a lack of critical thinking, public. It’s ALL self inflicted.
When Sundance ends this article with, “Prepare your affairs accordingly”…. listen carefully. In fact, most people should have already taken action. Hint: ‘Heavy equity exposure is not advocated. Carrying debt can and will become a burden for most. A little cash is not a bad idea.’
Here’s a news article that received little coverage but could very well be a precursor of things to come.
https://t.co/wRMeOTcOnr
Stolen elections have consequences.
Exactly. Inflation is much much higher than 1981.
Bidens sick minded handlers are trying to take down the plane, just like the Gnome dancing on the wings in The Twilight Zone episode of “Terror at 20,000 Feet”.
World Economic Fund Propaganda. It’s great until it isn’t. It isn’t.
Am I the only one thinking something is a little rigged with markets? 7.7 inflation, maybe, do not know actual numbers here in the USA. However, I find it very amazing, farm commodities, gold, silver prices are in a bear market. From my simple thinking, games are being played and viewed with eyes wide shut. Example, cattle been 1.30+ while Beans, corn, wheat etc played the pump and dump. Just wondering, could we get a audit of the short sellers actions? Probably not😂😂