Folks, the Build Back Better western alliance are fully vested in the pretending game. It is just one big insufferable game of pretending, and the citizens of the western government powers, You and Me, are the victims.
Seriously, it’s stunning, yet oddly not surprising, that the same multinational forces who created the global inflation crisis as a result of following the World Economic Forum spending agenda, are now claiming the global economy is simply too hot, too successful, there is just too much demand, and that justifies their raising of interest rates:
OTTAWA, July 13 (Reuters)– The Bank of Canada surprised on Wednesday with a full-percentage-point increase to its policy rate, a super-sized hike last seen in 1998, citing “higher and more persistent” inflation and the increased risk of those price gains becoming entrenched.
The central bank, in a regular rate decision, raised its policy rate to 2.5% from 1.5%, and said more hikes would be needed. The move was more forceful than the 75-basis point increase economists and money markets had forecast.
….”With the economy clearly in excess demand, inflation high and broadening, and more businesses and consumers expecting high inflation to persist for longer, the Governing Council decided to front-load the path to higher interest rates,” the bank said. [LINK]
This is the actual justification from the Bank of Canada.
Read it carefully: “With the economy clearly in excess demand.”
Yes folks, I have always said that in order to retain their ideological positions, the leftists in control of policy have to pretend not to know things. That right there is the Bank of Canada pretending not to know the Canadian economy is contracting. Exactly the same as Treasury Secretary Yellen and Fed Chairman Powell pretending not to know the U.S. economy is contracting.
Do you see what happened, and what they are doing?
The Build Back Better energy policy of the collective western governments’ is driving supply side inflation. It’s the new climate change energy policy, all being implemented by the same institutional elements, that is creating the massive increases in overall prices.
It’s the energy policy driving inflation, NOT consumer DEMAND.
The western multinationals, government and multinational/central banks, all carry the same ideological mindset. All of them are collectively supporting the Build Back Better agenda from execution of infrastructure shifts to their direct control over ESG investment in only “sustainable energy” projects.
The fascist assembly of western government and western banks working together to create this great international game of pretending. All of it so they do not have to admit their ideological climate agenda is destroying economies. Thus, to keep up the pretense, they raise interest rates into a contracting economy. This is why I keep saying the pretense is what’s going to end up starving people, creating desperation and ultimately killing people.
Energy demand is no different today than it was pre-pandemic 2018 and 2019. It’s the energy supply, and all of the downstream industrial energy processes that are being blocked, that has created the supply-side issue.
The post-pandemic Build Back Better agenda has shifted the entire energy sector and created all of these inflationary outcomes.
The World Economic Forum, the Bank of Canada, central banks in Europe and Secretary Janet Yellen and Chairman Jerome Powell are all pretending not to know these issues are outcomes of energy policy. The collective western nations all took the same path. All of the outcomes are identical, and now all of their denials and pretenses are being maintained in a collective justification filled with bullshit.
The last sentence Sundance wrote sums it up quite well…
sarcasm intended
Is there a rewrite of Economics 101 forthcoming (to confuse and miss teach the opposite of supply and demand truths)?
p.s.
if so, someone may not be planning on buying the textbook (or download) nor attending that class.
Yes, its a coarse in “Modern Monetary Theory” or MMT,…Madness Monetary Theory which says “Throw out all your Econ textbooks, its SIMPLE. (for Simpletons, actually).
The Government CREATES money, therefore it can create as much as it wants, without it having any effect on the economy!”
THATS what they actually BELIEVE, and so justify their “spend without end” orgy of fiscal abandon.
Yes! Kudos Sundance!! We don’t need the hubris-laden economics word salads from CNBC, Fox Business, Forbes, or any of the so called “elite’ financial dailies.
I’ll take the harsh, direct, cut-to-the-chase analysis summaries from CTH any day.
And THAT’s no bullsh*t.
Thank you Sundance for everything really appreciate the time you give to keep us so informed . I hate them all
I love you Sundance – whoever you are.
Today I met with some other like minded people to exchange some valuable livestock. It was so encouraging to meet people who were on the exact same page. We’d never met before and yet we could finish one another’s sentences about our farms, the weather, and the lifestyle. There are a lot of us out there. In fact, there are more of us than them.
And the crap coming out of the globalists is utter cow pie.
SD has called this play by play, they are lying and the media is trying to sell like crazy.
Selling implies a mutually-agreed on transaction. In the centers of power, no cares whether the people want to buy their propaganda or believe in what they are selling. Consent is something to which they are entitled, not something which is to be earned.
The stark reality is this: the media is actually ramming the lies down the throats of the Western peoples. Those peoples are expected to not only receive but to accept them.
And while we’re at it we have to declare that men can have babies.
Sis gendered men. AKA. Women.
It is not just the energy and food policies driving inflation. It is simply the law of supply and demand. Any thing that is scarce becomes more expensive and anything that is plentiful becomes more expensive. The COVID lock down policy saw the economy create less of everything thus making everything more expensive. Adding to this they have made energy more scarce making it more expensive. At the same time all western governments printed heaps of money making it less valuable. When money is less valuable it buys less. So these idiots have concurrently created massive inflationary pressure on the supply and the demand side. We probably could have managed it it the pressure was only caused by COVID lock downs and probably even their idiotic food and energy policies. But printing huge amounts of money was the real killer. This is going to take a decade or more to unwind.
Should have been anything that is plentiful is less valuable.
I was about to say…..
It is a feature not a flaw. They know what they are doing and they are happy.
A goodly amount of that monopoly money is being nuked via the markets. Bitcoin is way down so probably hasn’t proven to be a safe haven.
I am going to guess that the euro coming down to parity with the USD is the big sign that the German economy is collapsing. Germany is not in free fall. The country is being shoved into a hole by their own leaders.
Without Germany the EU and thus the Euro is toast.
Which will provide a temporary boost to the dollar.
I don’t know where the Loonie is sitting at the moment. What I do suspect is that this hike will pull money out of the euro and into Canada. Last I heard, European rates were negative.
There are few ideas as unappealing as having to pay to get someone to take your money.
So Canada is an amazing resource rich nation vs the size of its population.
But back to the present problem.
While increasing interest rates also increases the value of a currency, a currency is only ever a claim on labor or resource in that country.
So imagine a currency claim in a nation of starving/freezing people with rolling blackouts?
With no goods or services to buy any fiat currency has no value.
This where Davos/WEF is driving us.
Most of the WEF’ers that are pushing this crap have one foot in the grave. Seeing people as miserable as they are must be their only motivation. They are following an evil ideology that focus’ on death and destruction. Left on it’s own, populations and humanity would adapt to resources as necessary. Exploding populations where they are not sustainable, are only possible with government interference from inside and out, of the various countries. Handouts to countries and populations caused every bit of this mess. It was all created artificially, and is now artificially being taken down in the name climate change, when the actual reason is for creating unimited power and wealth for those that should be being held responsible. That right there is some serious pretending.
Lol “unwind”. If by “unwind” you mean “devolve into a Mad Max style anarchy”, then yes, absolutely.
I remember during the Obama era that the economists said once the bubble burst, it should never be allowed to grow again. That’s communism.
When do we begin the conversation with others seeking other than US/Western currencies?
It does have an impact on these debt ridden, fiat currencies and their economies.
Remember 4.5 billion people have not sanctioned Russia while 1.5 billion have.
When China-Russia declare a commodity based currency, it will be chaos to these fiat currencies.
What’s the plan?
How far will US dollar sink when these foreign US diollars are returned.
Who will be harmed?
What happens to dollar valuations?
Curious minds want to know.
So day to day trade of real things between nations can be settled in any currency.
But all currency you hold is a transaction half made.
Even debt which is just promises in the future for more currency.
The system that will replace this one will use the physical settlement of gold at local free-market prices.
The US, Canada, UK, and European countries have sanctioned most Russian banks and have cut off trade using the Russian ruble.
As it so appears, a tanker of Russian crude oil is more fungible than a boat load of Russian currency. Not by much though since the ruble is much higher than before the sanctions.
Nations that produce as much value as they consume can use the system I described above.
Even nations that consume more will see the price of physical gold rise in their local currency ‘until’ nations they trade with start buy more real stuff from them, thus reversing the trade flows. Because in gold terms its a better value globally.
It’s such an elegant free-market system.
No mass murdering Davos/WEF needed.
The plan is a basket of commodities and currencies.
Gold alone is too manipulated for it to be the sole commodity.
You mean the system that was actually written into the US constitution?
This is exactly what challenges my personal integrity and moral character every day.
I pray daily to keep me focused, and to give me strength to maintain my own personal standards, so that I dont follow their path.
Sometimes I question…why should I do an honest day’s work anymore, when hiLIARy lies to congress, and when our government LIES every day.
God give me strength.
THATS why, because you are not Hillary, a psychopathic CRONE.
He has, Slowcobra, which is why you are of the character you are. That character wouldn’t let you do otherwise, because you still have to face yourself in the mirror…as we all do…every single day when it is done and you shut your door against the outside world. Blessings to you. B
You know betsy, I ALMOST wrote “…to give me strength to ‘be more like betsy and levi’ …” because you two both have such amazing inspiration!
Honest to God, I’m sure I’m not the only one here who admires the way you two are so full of hopeful messaging , and I thank you for that!
What kind words those are my friend. I thank you for them, and I will absolutely store them in my heart. God bless you and He will, I know, give you the strength to face what comes. I have asked for that myself and I am armouring up🙏
Betsy Jones you are one of the reasons I went from a long time reader to a new commenter. We all owe you and others here a debt we cannot pay. Don’t ever ever change!
You are not alone in your admiration of our fellow posters.
Cheers!
Agreed!!!!
“…they raise rates into a contracting economy.”
Reminiscent of vaxxinating into a pandemic…a real no-no, according to Dr Van den Bossche, a true expert.
And inflation is transitory.
We are guests at the Mad Hatter’s Tea Party.
And the tea cups are all empty…..just close your eyes and pretend really hard….
MMMMMMM mmmmmmm MMMMMM the best damn tea I have ever drank.
Nary a drop in them, Dwayne. But it was delicious.
“We are guests at the Mad Hatter’s Tea Party.”………Yes we are but least we know it. So many have yet to discover they have been pulled through the Looking Glass. God Save the Queen when they start to figure it out.
I know, Luke! How, I ask myself often, HOW can they not see it?? The clinical insanity of all that is being said and done.
They will figure it out eventually I think when individual suffering begins. But for the moment there are too many shiny baubles occupying their short attention spans.
As I’ve said elsewhere, ignorance has a cost. Experience pays the bill.
Sundance etal, thank you for sharing your work and your ability of making complex topics/issues simple. Also for sharing this wonderful refuge.
A place where we are able to learn, admonish, give regional information. Be informed with information worldwide, National, State wide and local.
I must confess, I am partly to blame, I bought 2 bags of firewood as the gas supply ran out.
It was pretty selfish of me to spend so recklessly without thought!
I see this differently
They are forcing inflation and fueling it. (Created scarcity of food and fuel, followed by increasing interest rates.
How dare working stiffes with IRAs be millionaires, your money is now “worth less” so decree your betters.
Fjb, F them all
They want us to shrink into the amount of energy and food they allow us.
And buying power 20$ cups of coffee will deal hell to the retirement one had planned.
I’m in commercial real estate, and I agree with the BoC.
Money has been too cheap and demand for assets high.
Investors buying commercial property based on unrealistic expectations of increasing valuations- occupancy and rents.
Cap rates were ridiculously low for all asset classes.
Similar to what I saw in the S&L bust of the 80s, dot com bust, and financial collapse of 2007.
Brakes have to be applied.
That said, the FR is acting too late. Had they stepped in earlier, it might be a different outcome for us.
Yes, yes, it’s all cuz real estate…has nothing to do with their energy policy ….. c’mon man, end quote, repeat line.
You missed your mark.
It has everything to do with years of bad monetary policy.
Energy is only the recent mishandling that is contributing to the current financial mess.
Other drivers include our debt, Covid bailouts, and money supply.
Come on man it’s basic economics.
Our family has done well financially in residential real estate here in Greater Vancouver British Columbia.
We have bought on “dips “
Over the last nearly forty years or so.
The region is incredibly popular with folks from all parts of the world and from other parts of Canada.
So any prudent buyer would do well..
That said, I have seen nothing like the last 3 years or so..massive increases.
$1.2 million tear downs in our community 3 years ago were fetching $1.9 million.
The bubble burst…the $1.9 million is now $1.7 and falling.
Recent government policies to do with taxes on real estate purchases, and lending requirements have dictated that qualified buyers are scarce.
A wealthy Chinese neighbour just this morning explained to me in detail how incredibly leveraged the Chinese real estate market is..and is illiquid.
We’ll see but I feel a real financial meltdown is in the offing.
Maybe I am just getting too old 😉
But things feel seriously wrong.
Cheers!
Definitely has to do with the BBB scam, but Ugly is right, there’s more going on here than just that.
Far be it from me to understand or explain it well, but there is a believable theory out there that Powell is actually confronting Davos by raising rates and crashing the Euro. That the US Banks turn out not to be ready to turn over their control to a global central bank after all. Don’t ask me why Castreau is raising rates, maybe a Davos counter play of some kind.
It’s so hot that people are dumping new mortgage loans/applications like a bag of week old dead road kill.
The banks will be embracing those depreciating physical property assets on their books in 2-3 years. (read: 2008).
𝐒𝐮𝐧𝐝𝐚𝐧𝐜𝐞 – 𝐖𝐡𝐲 𝐧𝐨𝐭 𝐬𝐩𝐞𝐚𝐤 𝐭𝐫𝐮𝐭𝐡? 𝐀𝐬 𝐧𝐨𝐮𝐧𝐬 𝐭𝐡𝐞 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐏𝐑𝐄𝐓𝐄𝐍𝐃𝐈𝐍𝐆 𝐚𝐧𝐝 𝐋𝐘𝐈𝐍𝐆 𝐢𝐬 𝐭𝐡𝐚𝐭 𝐩𝐫𝐞𝐭𝐞𝐧𝐝𝐢𝐧𝐠 𝐢𝐬 𝐭𝐡𝐞 𝐚𝐜𝐭 𝐨𝐟 𝐢𝐦𝐚𝐠𝐢𝐧𝐢𝐧𝐠; 𝐦𝐚𝐤𝐞-𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐰𝐡𝐢𝐥𝐞 𝐥𝐲𝐢𝐧𝐠 𝐢𝐬 𝐚𝐧 𝐚𝐜𝐭 𝐨𝐟 𝐭𝐞𝐥𝐥𝐢𝐧𝐠 𝐚 𝐥𝐢𝐞, 𝐨𝐫 𝐟𝐚𝐥𝐬𝐞𝐡𝐨𝐨𝐝. 𝐓𝐡𝐞𝐲 𝐋𝐈𝐄.
Pretending is a subset of lying. There are many ways to lie. Pretending not to know things is one of them.
God help our children!
Couple years back Sri Lanka in solidarity with WEF the govt declared they would be a wealthy nation by 2025. Strangely enough that little promise can no longer be found online. The roadmap for their prosperity was to follow Davos’ lead by getting rid of a more traditional approach (common sense) and replacing it with Environmental/ESG mandates (you know the future). 2021 things really got kick started on their ambitious plans and I believe eliminating the use of Nitrogen played a key role. Less than a year later we are here. This little ESG cancer should be the perfect compliment to food and fuel shortages already brewing. Will be interesting to see if Russia keeps that pipeline turned off that feeds Germany. There’s going to be a lot of exciting stuff coming our way, count on it. I think this party is just getting started.
So we can see that Sri Lanka was a test tube for their machinations 2019-2022.
So we can stop what we are doing and ask ourselves: How do we place a rod in the tire of their bicycle??
I honestly don’t know other than praying that employees start becoming non-compliant and doing what is right?
Going to the railroad unions and begging them to keep the trains running?
Start talking openly about businesses ignoring the EPA, etc?
Been something I have been trying to workout for a while now. Unfortunately I don’t think there’s much we can do other than brace for impact and try and red pill people one at a time. I said pain would do the heavy lifting and I think that is proving to be the case. I will bet you more people think the election was stolen today then back in early 2021. See the masses decided it was not worth a second thought. They were fine during the Obama years so what is to worry about 2021 and beyond…..oops some are saying!!
There will be a point when enough are red pilled (TOTALLY) that they will be on the Liberty Movements side. No amount of late night comedian jokes will break them. That really opens things/ideas up. Can you imagine after J6 70% of the populations stood up and said to hell with this; the election was stolen and I didn’t even vote for DT? Instead they laughed and sneered about the audacity of these stupid MAGA people. This plays a huge role in my thought process. Do you think we can save people who don’t think they need it? I’ll be damned if I am going to risk my freedom or life for any of them either. There will come a point they might be worthy of me taking one between the eyes but that’s not today. Until then I will continue to prepare best I can for those in my family and community.
You have to wonder what is going to be that SPARK that ignites the people of the EU and Canada to start overthrowing their countries. You know it is going to happen we just don’t know what will be the EVENT to break the camels back. Will it be the Dutch who set off the first spark? Or will it be Germany when the citizens are freezing to death this winter with no food to boot. This is going to be a very interesting winter.
This is incorrect. Tucker Carlson was right that it it is no longer on the WEF site, but it is widely available elsewhere, e.g.:
WEF article from Aug 29, 2018: “Sri Lanka PM: This is how I will make my country rich by 2025” – TheWatchTowers.org
Also, regarding the gentleman who wrote it:
Yea its available in screen caps and in other write ups but not on the WEF site. But that’s kind of what makes the pledge important. In fact is was supposed to be such a good strategy the WEF has implemented similar in other West Civ countries. This is happening right now here and in Europe. Sri Lanka got to be the crash test dummy. However I don’t get the feeling poor results will deter these people.
Hey when are all rich HollyWeirdo’s who threatened to move to Canada going to head north to their Socialist Paradise?
What’s interesting is this government attacked the one industry the world relies on. On that basis alone this government attacked every citizen while opening the southern border.
State legislatures and congress nulled our voice, stole our election, destroyed the energy industry, murdered unborn and sold their body parts, Denies lawful self protection while breaking laws allowing illegal into our country.
State and federal governments continues war on its citizens.
Well I know the prospect of a collapsed government is ugly. However if I can run the gulag after the fall it might make the sting go away.
I promise to show the same mercy the J6 protesters got. Hell DC would be an easy set up ….the fenced are already there. Who wants to be in charge of preparing their nutritious bug meals?
BTW here’s a great article about the monetary system. “Gold is to Central Bankers what sunlight is to vampires.” That’s an excellent quote.
https://goldswitzerland.com/paper-gold-price-manipulation-rigged-to-fail/
The intentional manipulation of gold & silver prices has been obvious for quite a while. Having seen through the manipulation, been buying bars like crazy.
Watching G&S is like FF thru a movie while others watch it in real time. Once the prices go schizo time to get any last minute preparations in order.
We are not spending on anything but necessities so how is excess demand driving inflation pray tell me? The lunacy is amazing….and even more amazing is that the normies believe it!
Yep. Reverse everything Biden has done on energy back to before he was installed and 90% of the inflation problem will solve itself. Joe Biden has always been a national security risk. Joe Biden with Dementia should be designated a national disaster.
My personal demand has been fulfilled this month. I have no additional spending to do before 2023 other than some food, restaurant meals, gasoline and the usual utilities. I got my purchases in before the next round of price increases. I wonder what excuse they’ll use as everyone’s demand for products craters.
Klaus Schwab wants to reorder the world and he got lots of leaders to buy his snake oil.
Blatant lies which can be easily exposed by simply looking at sales figures can only be sustained by a weak and passive people who fear the consequence of accepting the truth.
Global Warming. COVID. And now the BBB/Great Reset.
Each of these are built on foundations of fraud and corruption. Each is causing massive economic misery and even loss of human life.
People either knowingly submit to these policies or are unwilling to question them for fear of what it means about the people who are imposing them. Either way, we are like cows being herded through the slaughter house. Some may “moo” loudly about what is happening but all of them just keep walking in line until the end.
The only place these policies have ended is Sri Lanka. Thanks to the GOP, that may well be the only way to stop the left in the US.
When they claim the rate of inflation is 9.1 %, everybody knows they’re lying.
The real number is 81 million percent.
Clever
And poetically true.
They know what they are doing, and what the ultimate results are going to be. I have no doubt there are a lot of useful idiots in this bunch, but the puppet masters know exactly what the end result is going to be.
The useful idiots are going to find their ‘usefullness’ expiring in the near future I’m afraid….
Unfortunately it will be after us…..unless we hand.them their ahhhhh hats…..yeah that’s it …their HATS.
I’m thinking the useful idiots will be cannon fodder once we decide not to take it anymore. They will be the ones sacrificed to the pissed off masses, as the puppet masters watch.
Corporatism is the end of the divide between the public and the private.
Once the State subsidizes the big corporation, once the State accepts some responsibility for the fate of the private corporation, we enter the sinister world of corporatism.
Such tribalism cannot be morally justified in the world of globalism.
Once globalism has triumphed, then the subsidizing of the rich corporation becomes corporatism and the transfer of wealth from the poor to the rich.
Those of you who like calling big government “communism” will never understand this.
The collapse of capitalism during the Great Depression fostered this unholy alliance between big business and big government.
It is your job, your responsibility to uphold the big corporation. If you miss this finality, you lack the grasp of truth that only Democrat leaders have.
Pretty sure that a Giovanni Gentile would have had something to say about that. Corporatism is synonymous with Fascism, which is essentially a close relative of Communism with both being derivative of Marxist theory.
If anyone has anything else to add to that, feel free to chip in. I’ve spoken my piece.
Because of price increases of 40% for Propane, 90% for gasoline, 30% for food, etc, my Demand is LESS than it was 2 years ago.
What is this “Demand is driving inflation” bullshit?
I’ve cut my living/eating/transportation/health costs to the bone.
My Demand is down 25% or more. My thermostat is at 64F in winter and 80F in summer.
I basically quit driving. I eat 2 meals per day. I buy clothes at garage sales and Goodwill. A hot dog is a treat, now.
There isn’t much slack left to give up.
These Govt economists are liars, thieves, and traitors.
Build Back Broke
So let me see if I got this. The first flatscreen tv I saw was 7300 dollars. As more were manufactured and sold the price went up. FJB
The strategy is trying to crush the everything-asset-bubble, 401k, stocks, crypto, houses by removing liquidity. Combined with the Central Bank talking tough.
Then, with people feeling poorer they hope to crush the demand side of the equation.
And then cross their little fingers and HOPE it is enough. I am afraid it wont be enough to kill inflation.
If they wanted to quash inflation for real, BOC would have to raise interest to 8% (or more if you do not believe the fake CPI data, but a site like ShadowStats)
However largest part of this inflation we are seeing is due to increase of currency units (note not saying “money” on purpose as fiat currency we have is not really money… It is backed by nothing but thin confidence)
The increase in currency units (monetary supply, or M2 in the US) is due to excessive government spending and quantitative easing.
Did you know in Canada ALL of the former premiers combined racked up just as much Federal debt, as Justin Trudeau did in under 6 years. So JT racked up more debt than in the entire history of Canada combined. Over 400 billion Canadian dollars in his term.
So there’s the inflation for you, 400 billion dollars worth and counting.
What’s also fun is Minister of Finance, Freeland, started giving out stimmy checks for the inflation support, while the stimmy checks are one of the major causes for excessive Government spending. Thus yielding more inflation for later 🙂
Also they spent 600 million dollars on failed legacy Media Bailouts so the official State Facist media can only parrot the official government narrative. That also goes back into inflation. How the wheels turn..
When you are invested with a narrative, truth is not an option. You stay with the plan. The narrative that the economy is hot, is the theme dejur. Biden has been touting this for awhile now, and it was the dog whistle to perpetuate the talking point that the world economy is wonderful. What we have to realize, is there is two economies. Ours, and theirs. Inflation makes their economy roboust, while destroying ours. Ever hear of the transfer of wealth? This, is how it works. Also think of Ukraine. All the elites are sending big bucks especially the US.
The game of monopoly.
Perhaps I saw it in a movie(s), or maybe I read about it in a novel, but when a person–or persons–are trying to kill you, normally you fight back by any and all means necessary. And usually, if memory serves, its to the death.
But hey, the ole memory isn’t what it used to be. Maybe I’m imagining it.
“In the year 2525
if man is still alive
if women can survive
they may find…”
In short they are 1) blaming us for the dire straits they created and 2) promoting themselves as the saviors.
Heads they win, tails we lose.
Soon, some are going to realize they got nothing left to lose. Then we find out what most people will choose to do.
They’re so full of themselves with their hubris and moral superiority that they truly think if they repeat something enough the peons will believe it. After the last two years is anyone believing anything the elite and the mainstream media say?
I’ll introduce you to my brother unfortunately.
And I will introduce my sister.
“It’s easier to fool people than to convince them they’ve been fooled.” ~ Mark Twain
The lie is beyond obvious. And framed for idiots.
You structurally cannot have ‘excess demand’ with a contracting GDP.
“Energy demand is no different today than it was pre-pandemic 2018 and 2019. It’s the energy supply, and all of the downstream industrial energy processes that are being blocked, that has created the supply-side issue.”
100%!!
Excess demand happens when people cut back on purchases. Trust the economics.
And on cue today I received this months power bill – electric rates jumped 34% because Democrats in my state of IL thought it important to effectively shut down perfectly fine and modern coal fired power plants, because, well, coal is bad. When asked about this dramatic electric cost increase due to Democrat policies, our billionaire Gov Pritzker just shrugged.
“Canadian government invests $8.5 million into insect production facility “to support sustainable food production”
https://westphaliantimes.com/canadian-government-invests-8-5-million-into-insect-production-facility-to-support-sustainable-food-production/
They clearly intend to crash the same economy and blame the incoming Congress to position Democrats for ’24.
IMF WARNS OF A GLOBAL “DEBT CRISIS” WHICH IS A LIQUIDITY CRISIS! Very Important Updates. Mannarino – YouTube
WE ARE ALL BEING PLAYED ON A COLOSSAL SCALE. NEARING THE END OF THE LINE
Well, given all the trillions of dollars in free money that has been squandered lately, there IS an excess of demand not paired to associated productivity.
I believe their is one demand that is going up, even through the roof.
That’s is the demand by all sane people to get Biden and his gang of psycho destroyers out of the White House.
“The fascist assembly of western government and western banks working together to create this great international game of pretending. “
Fascism should more properly be called corporatism because it is the merger of state and corporate power.
– Benito Mussolini
‘The Stupidity Of The North American Voter’ the ones who actually believe fake news
No matter the socioeconomic ill diagnosed, bloodletting is the prescribed cure.
Those who not know their history are doomed to repeat it! September 30, 1979…the 1st time that Fed ever increased the interest rate by 1 full point… And it was off to the races with unchecked rate increases and inflation! Weimar Germany in 1926 is getting closer closer to our own financial situation? Now if the Obama gang now just get a global conflagration to break out…the NEW WORLD ORDER of the elites will take control!
If you go by a morality standpoint, I’d say we are already living in Weimar Germany. THEY did the same things there when THEY took control as THEY are doing throughout the west now. Push every type of decadence and destroy love of nation and family. LBG, trans, pedophilia, prostitution, thievery, corruption, USURY, you name it.