A slight drop in the overall national pretending index is noted today; actually, more like a twitch toward the reality side of the meter.
CTH has been outlining the supply side inflation issue in the highly consumable goods sector, specifically the foods sector, for almost two years now. Mainstream and financial pundits have denied its existence.
According to the Friedman view of traditional economics, only monetary policy drives inflation. However, Friedman never lived in -nor fathomed- an era when the collective western governments would intentionally shrink the economy in order to save the planet via climate change.
The intentional diminishment of energy production is the #1 source of increasing consumer prices. Inflation is not an issue of high demand for the subsequent goods produced. Raising interest rates diminishes demand for durable goods but has zero impact on the increasingly higher prices of intentionally scare resources like oil, coal and natural gas.
While maintaining the pretending due to the alignment with multinational and corporate interests, the Wall Street Journal starts admitting today that prices are not likely to drop, regardless of commodity prices. Even with abundant harvests, strong grain & soybean production, abundant pork and beef commodities, the costs associated with the production of food products will stop any downward price pressure.
(WSJ) Global prices for commodities such as wheat and sugar have fallen back to where they were a year ago, but consumers are still likely to feel the pinch at the checkout.
[…] Higher energy and power costs are also fueling food-price inflation. “That product on the shelf has a lot of the oil price built in,” said Kathy Kriskey, a commodity strategist at Invesco.
Costlier energy means it costs more to transport and package food, while supermarkets are paying more to power their stores. Higher gas prices also lead to increased fertilizer costs, while wage bills are also rising rapidly.
Supermarkets have more incentive to freeze than to lower prices, Ms. Kriskey added, since that gives them more flexibility if other input costs such as energy rise further in the coming months. (read more)
Now think about the inflation dynamic from a source origination position.
If the variable of abundance/scarcity is removed from the equation and yet high consumer prices remain – then what was the primary originating cost pressure on the end product?
The globalists can keep pretending, which they certainly are, and yet the answer to that question is obvious.
Our current level of inflation is not an outcome of consumer demand and/or monetary supply. The current level of inflation is a direct outcome of lowering traditional energy development, raising the cost of energy production, making oil, coal and natural gas more expensive, and then watching prices rise from the supply side origination.
The scale of inflation is a direct outcome of the scale of energy price increase. As long as energy prices remain high, regardless of the abundance of the commodity the price for the foodstuff will remain high. Food inflation has nothing to do with food scarcity and everything to do with increases in the costs to produce food.
We are in a price plateau right now, waiting to see how much further energy production will be restricted.
This is what western political leaders call “managing the transition”. Put another way, they are managing the overall decline of western civilization.
Wow!
Next thing you know they’ll be telling their readers we’re in a recession.
Recession has been redefined: 63 consecutive quarters of negative growth. Unless they need more.
That’s only for democrats. It’s 1 week of negative growth for republicans.
Two-Tiered Everything.
They had me at 62.
Heh, I thought it was 66 years. Must’ve been the fan belt inspectors I was thinking of 😉
“We’re in a soft patch, in the recovery, of the recession, looking for a soft landing.”
Inflate Back Better
Stealth Tax Great Again
It’s the New Federal Reserve Weimar Plan. Yellen has everything under control.
literally like you said, they are “managing the decline of western civilization”
i’m assuming its because the West is powerful enough to stop a Global Group surrending each nation’s soverignty through subversiveness as a President or other position.
(EU just tried to set the cap price on oil from Russia – these people are delusion – they need Russia to survive winter and they are trying dictate what the price will be)
And shock of shocks for the German Green Wing of the WEF, VW has announced if there is no conventional energy, there will be no EV batteries. It’s not a matter of either/or…there will not be one without the symbiotic other.
Oops…
Additionally, the Netherlands is busy buying 3000 farms (compulsory purchase) so they can build a huge city covering parts of Germany, the Netherlands, and Belgium for 45 million people. They will need reliable cheap energy to make it happen.
Oops again….
US Debt Visualized: Unfunded Liabilities
How Can PrIces Come Down With This Problem?? Current Figure Much Higher.
This has been a problem for years and years…but when in a hole they keep digging deeper…and deeper.
Merkels’s CDU and the greens. “liberal-conservative socialists”
When the wall fell, West German socialists went east to scoop up state seized properties. East German communists went west to spread social “democracy”.
Champagne socialists. Caviar communists. Eurotrash bottom feeders.
They are also gonna need building materials – cheap and reliable also. Think they can get them?
Not “oops”.
Part of the Plan evidently includes decimating the strongest European industry (Germany) and farming (Netherlands).
The west is being decimated as part of raising the Red Dragon to global dominance.
Climate change and “ecosystem” are just canards serving this. Along with overhyped bio-threat and other false pretenses including “evil Russia”.
The globalists/WEF are among the agents (EU, US bloc, et al) in this Plan, but these agents do not control the industrial giant slave nation which will be on top when the end state is reached. Looking forward to this end state is key to understanding the events occurring now, but the global psyops have fooled most into focusing on lower level things instead of the Red Dragon looming over all.
The Red Dragon’s close alignment with Russia and veiled control of the US government, imply that things are not what they seem in the Eastern Europe conflict, which is also part of things now effecting the global shift.
Socialist always insist on doing other people’s accounting.
They forget that they’re insistence only matters when they control the other people.
europes freezing deaths – will be the next chaos they use for further gain
EU may be like Bill Gates. They don’t want the hoi polloi to survive the winter anyway.
The delusion is being televised.
No. DOUBT!
Over $5 for eggs today… everything high, across the board.
$25 each for 50 lbs lay pellets and a bale of alfalfa. I remember when these things were $5 some 40 yrs ago.
The current prices of consumables ie farm products, reflect past cost increases and not an indication of future costs. Have many rancher/farmer neighbors. None are planning to increase production and all that I’ve talked to are scaling back production due to costs. Unless this part of the country is somehow different, farmers are reducing risk and costs resulting in less production
50lb layer pellets below $20 here but have risen a lot in the past year. I created the official “slop” bucket today. All food waste going to chickens. Before, I didn’t bother. Don’t have pigs, but soon will have them. Deciding on breed. I bought lettuce at the store and the quality was so bad, I gave that to the chickens too. Won’t buy it again.
I gave away several dozen eggs this week to a neighbor who I suspect doesn’t have much.
Walmart today…doz and a half 6.80
Cream cheese $4.99
-ON SALE!!!
Iceberg lettuce head at a locally owned market few days ago = 4.99.
Posted a letter above the lettuce explaining why…supply chain, etc.
Came back yesterday…same lettuce was 4/1.00
Guess they couldn’t sell it at 4.99
Crazy!
But why restrict energy production? Surely, the powers in charge don’t really believe in climate change, do they? So why? Do they know something about the future availability of fossil fuels we don’t know? (I’d bet they believe in depopulation more than they believe in climate change.) They can’t possibly believe there is a real future in “green energy, do they? Is it all a pretext for more tyrannical control? I just haven’t grasped their end game here.
I just haven’t grasped their end game here.
That’s because you don’t think like a psycho Bond Villian.
Near as I can tell, they want to genocide billions and get the population down to 500 million serfs.
But God says no. He says He has plans for a hope and a future for His family. And I believe Him, Hallelujah!
“Control oil and you control nations; control food and you control people. “— Henry Kissinger
https://www.tribuneindia.com/news/archive/thought-for-the-day/control-oil-and-you-control-nations-control-food-and-you-control-people–henry-kissinger-574311
——————
😈 evil
Schwab’s mentor and BFF.
High priest of the Ghoul Faced Liberal Order.
Schwab is nothing more than a New Age Hitler… even the accent.
CONTROL…….you control housing——energy ——-food and you control the entirety of civilization…UN Agenda 2030 seeks to trap most of humanity into metroplexes where they can be cornered and CONTROLLED………it has always been the purpose of the self appointed “elites” to determine the daily decision making for the mass of humanity
Well, that and maximize profits for the uber-wealthy.
Just because Main Street suffers doesn’t mean that the top one percent have to.
The problem with max profits is that silver and gold are useless when the Living God says enough is enough.
Their ill gotten goods will canker and rust.
They will throw them into the streets.
It does not matter how bad everything sucks.
As long as you control things you profit and win.
And if you have and control a large standing army, it’s game over in your favor.
They are not trying to control energy, they are trying to control you.
Every breath you take
Every move you make
They want to be controlling you
Every single day
Every word you say
They want to be controlling you
Oh, cant you see
They want you all to belong to their collective sheeple we
To control all your life how their hearts do ache
With every step you take
They want to be controlling you
ONE Digital I.D., to isolate them all,
One Digital I.D. to FIND them.
ONE Digital I.D. to RULE them all,
And in the Darkness
BIND them!
BTW… SD … I love your BS Detector..🤣🤣🤣🤣👍
🇺🇸💪🤣👍
Idea for a new product. Would make a great holiday gift!
A large BS meter (wall clock size) that comes with a remote. Hang it where you entertain . . . . .
(Don’t tell me someone has thought of it already.)
We don’t need the pep talk before a high school football game, we need serious action from serious people.
You still pay for your cable TV, you still subsidize the monsters, but you’re oh so mad.
Yeah, no.
It is not about the hoi polloi “going green”, it is about the hoi polloi going without.
It’s all shuck and jive and money laundering and dip and sway and grifting……………….they KNOW it’s total BS.
Hey Joe.. you have your answer in the sentence…tyrannical control…that’s what ALL this BS is about …
🇺🇸💪😀👍
They really don’t care or they would have made the “future green energy” already available – which it isn’t- before they forced it on us. They truly want to see millions of this world go away….. quickly. As long as it is the ones who don’t make enough money for them to steal from them and don’t have any power to stop them from doing what THEY want.
You will own nothing, including yourself.
You are state property. You don’t own yourself.
The state will take that burden off your shoulders.
You will get a debt cage, be fed in your safe space, and get a voucher to pick up your fair share of food from the central planners, that will give you a free social media app to keep the dopamine flowing while you wait in line.
The Bible tells you the endgame.
How about the CEO of Volkswagen saying they can’t “go electric” in Europe, unless energy (traditional) prices come down….?
Historically, the serfs in Northern and Eastern Europe hibernated during the winter. They slept a lot, ate little and were out of the way until their work was needed in for the next spring.
At least, the Mediterraneans saw the sun, ate some fruits and drank wine during the winter.
Me thinks the EU Masters want to return to the old Medieval times when they had aristocrats and serfs.
Guess what else they had during those Medieval times? Ruthless justice! I say, bring it on, cabrones… time to tar/feather/quarter/hang/behead those would be aristocrats. Put Soros, FJB, Hillary, the London Bankers, heads on a spike at the Doors of
MordorDavos…Allons enfants de la Patrie
Le jour de gloire est arrivé!
Contre nous de la tyrannie
L’étendard sanglant est levé
L’étendard sanglant est levé
Entendez-vous dans les campagnes
Mugir ces féroces soldats?
La EU viennent jusque dans vos bras
Égorger nos fils, nos compagnes!
Aux armes, citoyens
Formez vos bataillons
Marchons, marchons!
Qu’un sang impur
Abreuve nos sillons!
The people you mentioned, and more like them, can be located using Google Earth. Look for the blacked out areas.
Let’s go children of the Fatherland
The day of glory has come!
Against us from the tyrany
The bloody banner is raised
The bloody banner is raised
Can you hear in the countryside
Blared the wild soldiers?
The EU come into your arms
Cut the throats of our sons, our companions!
To arms, citizens
Form your battalions
Let’s walk, let’s walk!
Only an impure blood
Water our furrows!
Death is “too good” for them.
Unfortunatelyv, you can only execute the barstuds ONCE, and thats totally inadequate punishment, for murders of millions.A special Circus like organisation, ..TRAVELING Circus.
The attraction inside the tents, are “dunk tanks” filled with raw sewage, and those you list and others, are the guests of honor.
How much $ would you pay, to watch Hill and Bill, $0r0$, $chwab, Mitch, Luz, etc. sit in the seat, and go for a swim?
How much would you pay, to get a chance to throw the balls?
We could pay off the National debt in 6 months!
Oh, and BROADCAST and CABLE/Sattelite rights!
Ca-CHING!
Humiliation, and toss in some time in the stocks, and if they are retired, its only after being tarred and feathered, and made to ride the rail!
The Apache women of the tribe were very very good a slow torture.
They had perfected over many years the art of long horrific torture while keeping the victim alive and suffering as long as possible.
I like your idea Dutchman of giving people a chance to pay to maybe peel a bit of skin off of these people a little at a time.
I think it use to be called “flaying them alive”.
So much for an inch of skin or something like that.
Will have to research what the Apache females were so good at doing 200 years or so get back to the Treepers here.
The return to a feudal world is entirely the matter at hand.
The “masters” are looking to implement a neofeudalistic society with a technocratic aspect.
And Switzerland considering banning EV’s to prevent blackouts this winter.
That’s an indication of the size of the”carbon footprint”of producing those 250 mile range golf carts
So, Russkey oil is selling at a 40% discount.
Maybe if we got all of Orange County into it, we can import our own oil from India ( wink! wink!)…
I never thought the day would come when I would not support the likes of Rambo and Chuck Norris, but GD’it…. that Dacha is Sochi is sounding better every day! More freedom in Russia than the US.
When Chuck Norris goes to a feminist meeting he comes out with his shirt ironed and a sandwich.
cost of living in Russia 59%less than US. corruption index: Russia 29; US 67. Let’s all move to russia
The nobles expect the serfs will eat bugs if there is nothing else offered. The WEF wants to cleanse the earth of ‘useless eaters’ anyway.
Remember the Georgia Guidestones. They aren’t afraid of posting their intentions.
There is a reason for all the money they have spent on their bunker fortresses. They have prepared for the coming ‘transition’.
Remember WHAT HAPPENED to the Georgia Guidestones.
It was lovely to behold them reduced to rubble.
Aww the pampered dictators had their plush bunkers destroyed, that’s just so sad. /s
I wouldn’t be surprised if they find their bunkers in danger because of reading our history.
The judge who approved the general writs (think DOJ warrants against PDJT now) before the American Revolution had his home torn to pieces and everything inside carried off or destroyed by the patriots at that time.
It seems odd that no arrest have been made for the explosion .They were immediately bulldozed and hauled away.
Yeah I thought that was odd too. They seem to go to great lengths to track down anyone speaking dissent of Xiden admin or resisting their J6 orders but no prep walk for blowing up their monument. Hmmm
No more odd than Ray Epps being sent back into general population without jail time or prosecution.
Hint: they don’t want evidence (of their intentions) back in the public’s eye.
I agree. I’m betting it was a cleanup on aisle 5. Too many awakened folks to have “consipiracy” fuel like that laying around.
Exactly right.
The stones were the required notification.
No longer needed, on with the show this is it.
Yes, that set the clock into motion.
I am wondering….Big Bad Bayer….and their corporate fertilizer for corporate farms…
There won’t BE any bugs to eat….
Those Bayer products, I resume, will go on food for the self appointed ‘aristocracy’.
Oh I expect that that is their plan. They wish to cleanse the earth of the great unwashed.
There is a saying that God laughs at plans.
I comment got me thinking…. an analogy. Since EU…..as buyer is setting the top price they will pay for Russian oil……..I think we as buyers should set the top price we will pay for things like eggs, butter, meats…..ya know….stuff like that. 😛
The way to do that is to not buy them. Your choice to do that.
I do boycott, and I mean boycott… everything that has gone woke, anti-American, etc. Have been for years now.
my frustration though is, it doesnt seem to do any good! Their products still sell.
my extended family lives happily on, watching NFL, college ball, drinking (woke) coke, still buying kellogg products, hershey products, watching hollywood movies, etc etc., and they are happy as clams.
what good does boycotting do.
I’m miserable from knowing the truth, the real agenda. I dont sleep well.
they are happy, clueless, and well-entertained.
all I do is pray, for everyone (esp. jan 6 prisoners). I know God has the plan, and I have the faith. But boy oh boy sometimes it’s frustrating.
as Moses (charlton heston’s character) said in the Ten Commandments, “God, hear the cries of your people”
That’s a great accomplishment! Would love to hear how you did that. Especially the hardest parts. I’ve been trying and probably got to 70% or so….but still am too often stuck with choosing between bad choices
Pray to God for COMFORT, to ease your anxiety.
He can ease physical pain, if you but ask.
He removed my addiction, when I asked.
He can relieve you of mental/emotional tension and distress, if you but ask,…
In JESUS name,…
AMEN!
My family is the same and I don’t get it either Slow..
I try not to lean on my own understanding though…
I pray Psalm 91 a lot..
There are so many people that I have nothing to do with anymore including family.
It started in 2015.
People who have known me most of my life all of the sudden realized that I was everything vile and irredeemable, but they kept on airs, being passive aggressive.
Then, I should be imprisoned, if not executed for refusing the death jabs.
Even if some chose to wake up tomorrow to the evil, a relationship with me will never again be.
It’s not about forgiveness, it’s about a complete lack of logic,common sense and critical thinking.
I could never trust them again not to turn zombie on me when the next propaganda thing comes along.
Most wouldn’t entertain a respectful discussion because they hated me for President Trump and the death jab gave them a justifiable out.
As hard as it may be, perhaps you can remove some of the chaff to make more room for new wheat.
Russia sells the oil to India/Turkey or another country.
They then rebrand it and call it another name. India oil for example.
They mark the price up and then sell it to EU.
So what EU has done-they have to know what they are doing and what will happen. Higher prices of oil. They can’t be THAT stupid!
We gave our employees a 5% cost of living increase last week, because we know they are feeling the squeeze on their personal budgets. Meanwhile, our monthly business expenses have risen up to 20% this year, with our vendors, suppliers and contractors implementing one or mulitple increases throughout the year. For example, our SEO (search engine optimization) provider, a major player in web services, just raised their monthly fee by 20%.
We must raise our fees, after holding the line for the last 2-plus years.
Inflation continues apace. Don’t believe anything that FedGov or the totally not federal Federal Reserve says.
The Great Reset and the Climate Change bs are all about control.
Control of food, movement, and the work of everyone but themselves.
When I was a young lad I read a lot of comic books. There was always some sociopath clown like Klaus Schwab trying to take over the world, Then at the last moment Sargeant Rock would bust in with his Tommy gun blazing and cut down the bad guy.
The world was much simpler then.
Nice to know that there are still a few of us old guys left who understand the futility of talk-talk in times like these and those of the nineteen-forties. I, too, read “a lot of comic books”, back then, and Sergeant Franklin John Rock was my favorite characters of all.
My dad was U.S. Army Infantry and was fighting the Nazis in Europe during WW2; he was at Bastone and fought all through The Battle of the Bulge, getting wounded during the final days. In my child’s mind, I saw my dad as a Sergeant Rock character, and from what little I could glean from overhearing snatches of conversation, after the war, between him and one of his buddies who had also survived (although having been badly wounded by a land mine), Sergeant Rock’s way was the only way to survive. You didn’t try to talk Nazis into being nice guys—you killed them, or they would kill you.
Several years later (1958), I enlisted in the U.S. Marines. We KNEW that Communists were our enemy and that, if given the chance, they would kill us. At Parris Island we weren’t taught to “Talk, talk, talk nice” and maybe they would be our friends.” We were taught and were trained to kill the bastards before they had the chance to kill us. Sergeant Rock rocked!
Now, here we are cozying up to the Communists and all we do is talk, talk, talk, talk ad nauseum and the “sociopath clowns” ARE taking over the world. Where are the Sergeant Rocks when we need them?
We’re here but we’re too damned old, and too few, to do other than watch as the fools keep talking.
I thought you’d probably enjoy: Sergeant Rock | Deadliest Fiction Wiki | Fandom
Accurately stated, and so sad. Thank you for your service, and thank you to your father and his buddies.
I am somewhat younger than you so, even though I knew of Sergeant Rock, my go – to comic books were Sergeant Nick Fury and his Howlin’ Commandos.
Abundant harvests, eh? So what became of the inevitable and calamitous winter food shortages across Europe because of muh war in Ukraine?
Well……
There is that recent article in BBC about seniors and others not being able to afford food and are buying pet food to eat in Cardiff.
All 💥 NEW💥 laugh-track for the postmodern Laffer Curve!
Building Back
ButterBatterBetterBitter…Just paid $12.99 for a 2lb container of strawberries. A year or so ago they were $6.99.
No water in California to grow them and Hurricane Ian destroyed some of the fields in Florida based on what I read. We may need to go back to buying and eating seasonally and preserving what we want to eat later when it’s not in season.
Mari in SC: Here in California, the price of strawberries drops precipitously when the harvests come in (two or three times per year). The growers and grocery stores have to move the product fast, due to spoilage, so they cut the prices (I would estimate, up to 50%). Also, for XMAS and New Years parties and gifts (chocolate covered strawberries), strawberries become something of a “premium” item.
Fields in Southern CA have gotten some decent rains, recently (including today!)
2 liter soda. $2.79
I couldn’t believe it
Rarely buy it
Wow.
I don’t drink soda, only everclear.
Love it…”Bullshit Detector”
Them telling the truth is them telling you, live with it.
“This is what western political leaders call “managing the transition”. Put another way, they are managing the overall decline of western civilization.”
Killing the Goose that lays the golden energy eggs.
Am going to throw this in the discussion and hopefully some facility engineers will comment on what I was told by a facility engineer manager…
A prominent hospital in the Windy City, changed over the type of ‘light bulbs’ they used throughout the facility…to a more ‘economical and climate friendly’ type…
By eliminating the old fashioned incandescent and other bulbs they used…they neglected to consider the scope of ‘lost heat’ generated by the older bulbs, during the cold months in said Windy City…apparently, that was an issue, a measurable issue. And the heating systems had to be retooled or whatever they do to keep the hospital ‘warm’ at night.
Apparently, the older light bulbs helped keep the heating needs down? Who would have thought?…(I guess when one deals with almost skyscraper size buildings, that could be an issue given the size?)……….
So, when they tell you the cost of health care has risen, again, this is one reason…cost of energy is I am sure, factored into the price per day, for your hospital bed, whether or not light bulbs make a difference…not sure about internal generators and all that either…for electrical supply.
Anyway, I would love to hear from the electrical engineers, heating engineers etc and those who are in the know…it seems reasonable…..
yes, the old incandescent light bulbs emitted “waste heat”
but it’s not “waste” in a cold home
The old bulbs heated more than just buildings.
https://www.greenbiz.com/article/death-old-style-lightbulb-forces-easy-bake-oven-makeover#:~:text=The%20Easy%2DBake%20Oven%2C%20which,source%2C%20is%20getting%20a%20makeover.
My sister had one of these when we where kids.
Put your hand near an old fashioned light bulb (if you can find one) when its on.
Then factor in that 500-1000 people, in a gym or similar closed in building, just from their body heat, will raise the temperature 8-10 degrees.
So yeah, the old fashioned bulbs, and the buzz boxes (forget what they are called) for the florescent fixtures, DO put out heat, and I am sure that would be a factor, when changing a whole building to LEDs which put out almost no heat by comparison.
Would also be a factor, going the other way in the summer, with A/C load being less.
it is called ballast in the fluorescents that buzz when they are going out…same as the brick attached to most power cords of a laptop to prevent too much current from passing through the circuit
Not an engineer but learned a lot from the College of Hard Knocks.
We used a light in the well house to keep the water pump from freezing.
Put them in the washing machine to keep the pump from freezing because the washing machine was not in a heated part of the house.
Kept little chickens warm with a light.
Kept baby animals warm with a light.
Incandescent lights give off a lot of heat.
You reminded me of the heat lamp we had in our home when I was a child.
when I was a youngish lad used to look for females who had gotten an Easy Bake oven for the sweet goodies they put out……baked with incandescent bulbs
When they changed Traffic Lights to LEDs they started having trouble with snow blocking up the lights in cold climates. The incandescent traffic lights helped melt the snow off.
Little doubt they threw perfectly good light bulbs away too.
Define an ‘establishment Republican’? Someone who poses Fox News and the WSJ as factual news sources?
I don’t think I know any, personally.
“I know it when I see it” – Supreme Court Justice Potter Stewart (on pornography)
We know them when we see them.
They announce themselves spectacularly.
House Passes Liz Cheney’s Trojan Horse Elections Bill Enabling Democrat Takeover Of The Ballot Box
thefederalist.com/2022/09/22/house-passes-liz-cheneys-trojan-horse-elections-bill-enabling-democrat-takeover-of-the-ballot-box/
“Act 77 — the main tool in the fraud — was not something hijacked by the Democrats, who are the minority party in the (PA) state legislature, but purposely passed by establishment Republicans who are enjoying easy living in government.”
https://www.parallelelection.com/
The point man for that legislation was the then President of the PA Senate, Doug Mastriano.
Sundance misunderstands Friedman. Stated simply, Friedman postulated that inflation is caused by too much money chasing too few goods and services. If the government deliberately reduces the supply of goods and services, there’s now too much money and therefore inflation. Friedman’s postulate thus describes exactly what is happening now-the government deliberately reduced the supply of goods and services and we have inflation as a result. To get inflation under control, either the supply of goods and services has to increase or the demand for those goods and services has to decrease. Our evil and inept elites are choosing the latter and accomplishing it by taking actions that reduce the growth of the money supply and lower demand. They should instead be taking actions to facilitate the supply side.
Friedman didn’t think that only monetary policy influences inflation. Though he did write articles for and speak to the general public in a plainspoken manner, he shouldn’t be underestimated as his professional work is mathematically rigorous and absolutely contemplates scenarios like what is happening now. In fact, I doubt he’d be at all surprised given his suspicion of concentrated power. Sundance is right about the key point though: the inflation we are experiencing is supply driven.
one point – is that the economic efforts are blatantly done to hurt us and our future.
So far, no push back from the people. By the time everyone gets their heads out of their devices, the country will be teetering on the precipice.
I fear that when the sheeple finally experience enough financial pain, and wake up to what is occurring, it will be too late.
There are actions that might help.
There is plenty of reason for urgency, and resolute, steadfast detirmination.
However, it is NEVER “too late”, ….NEVER.
To even suggests that their IS, lays the way open to despondency, and is simply not objectively true.
The USSR was as brutal as any Tyranical regime, and had totally dominated Chech and Baltics States of Latvia, Lithuania and Estonia, for 40-50 Years, prior to the “Velvet” and “Singing revolutions” in which peacefully withdrawing the consent of the Governed, in UNITY, caused the USSR to withdraw, and later collapse.
Its NEVER “too late”; and its a lesson to teach your grandchildren, so they can teach THEIR grandchildren.
I’m thinking terrible thoughts about Clous Schwab et all.
Klaus and company
So the Dems don’t have the electric powered semi’s to deliver the goods and services yet?
Seems they might have got just a little bit out over their ski’s.
Saw Wyoming is filing a suit with Biden Admin regarding the shut down of oil and gas leases.
Our families philosophy today has migrated from being wholly dependent to being largely self sufficient in the last decade.
When covid hit, we didn’t care much. When commodities spiked, we didn’t care much . When energy spiked, we didn’t care much.
Quite frankly, they can double the costs from where we are today and we’ll just spend less and save more. Both in cash and especially in long term goods.
Get out of debit, figure out what’s really important to living and get out of the race!!! You’ll be happier.
Surviving the transition to feudalism is still feudalism.
Little doubt colonists faced similar decisions. Survive the Crown or fight?
Also the realization that a one to one replacement of fossil fuel cars to EVs cannot happen even with a deluge of charging stations built. The raw materials for batteries can’t even meet that number. The only way it works is by squeezing the middle class out of car ownership, forcing less travel and more reliance on public transport. You will own nothing and you will be happy. An intelligent politician should be able to beat Newsom into a coma with this reality after he signed his no combustible engine after 2035order.
they have the raw materials to produce about 10% of their targeted vehicles NOT including the batteries……..all the additional circuitry built into them takes certain materials too
When the globalists are looking to reduce the planet’s human population to 500 million, there is little reason to expand the electrical power grid. Right?
The sun is setting in the West.
They want the middle class and the poor to suffer. That furniture factory owner who fired all his workers is mega rich
United Furniture owner who fired all staff has $24M in real estate assets
https://nypost.com/2022/12/02/united-furniture-owner-who-fired-all-staff-has-24m-in-real-estate-assets/
Every time I even sniff a shortage of something, I hunt it down to find a decent price and buy several. There are children to feed!
I despise the greenies and anyone associated with them. We’re not eating bugs. Or lab grow meat!
The Greeniacs are going to mess around and find themselves on the menu.
me too , refuse to buy salad dressing far cheaper to make french dressing etc with no additives except for basics milk, flour and use flyers weekly to only buy sale items 3 per store and always comparing everywhere
They are benefiting two ways from high prices.
There is a REAL food shortage coming due to weather. Australia no wheat, Ukraine only 50% planted, other countries too, including ours.
Our socialist/ Communist Party here in British Columbia has a 5 billion dollar budget surplus.
Solely on the back of creative accounting and massive tax revenues off of fuel and other energy sources.
Plus the property purchase tax, which investors and offshore buyers “shrug off” but seriously impairs first time buyers.
Cheers!
There is no Santa clause.
Sorry, kids.
There will be no plastic, over priced Chines crap.
Yes, I will pay for your roof, walls, heat and food.
But (shrug) there ain’t much left after that.
Now, don’t burn the house down while your mother and I are at work.
Merry effing Christmas.
Thanks Joe.
And no more coal in your stockings.
I’m afraid the gov has loaded a bunker buster.
https://www.theepochtimes.com/oil-industry-executive-warns-of-another-major-crisis-in-the-coming-weeks_4900710.html?utm_source=Goodevening&src_src=Goodevening&utm_campaign=gv-2022-12-02&src_cmp=gv-2022-12-02&utm_medium=email&est=Wk5TL5SXVNN9LdxNePa7D2M7hhWLV7%2Bwus1ZGVjEkKXM7%2FjxgE3z1aatvFrTPAs%3D
Now that they got the low information voters to vote DemocRat by telling lies about inflation they can admit the truth. With the false promise of a $400 billion student loan/$10,000 per vote forgiveness they were able to trick more voters to Vote DemocRat. Combined with censoring the truth and many different forms of election fraud they were able to diminish the Red Wave.
The word was out that they were going to use lies deception and numerous dirty tricks to stop the Red Wave. China Mitch helped also. Unethical Judges aided and abetted with the theft of our elections.
If we are not careful we could end up with a Judicial Dictatorship. Pay attention to what the Judges in Brazil have done to insure that the election fraud can not be challenged.
LOL….you are believing the lie that student loan forgiveness and abortion were the issues that swung the 2022 midterms….LOL……you are a part of the problem…..educate yourself about reality
Those issues did play a role along with the ballot harvesting/election fraud chicanery. Kroesus, educate thyself.
Because petroleum elements are used for producing so many goods. More expensive to produce all of them. Trickle up inflation.
Plus the Kroger/Albertson’s merger will remove any last chance that pesky downward price pressure will influence their “10% for the Big Guy” business model.
We can fight that economically by choosing to support our local vendors. No dog in the Kroger/Albertson’s fight since no store for nearly 100 miles but there are fascist corporations operating more closely and those are eschewed in favor of local community owned stores and chains. Whether cash or EBT, we can choose who we support and do business with.
I got the message early, like over 30 years ago, when customers told me directly that they were going to China for industrial parts. So, what’s going on now is of little surprise. It’s been a long time coming.
Common Sense
” Higher energy and power costs are also fueling food-price inflation. “That product on the shelf has a lot of the oil price built in,” said Kathy Kriskey, a commodity strategist at Invesco.”
Therefore, the inverse must be true. With less Food consumption, less Energy production is needed.
So who needs food?
———————————
Doctors testify that Covid-19 Vaccines cause Cancer and AIDS
By The Exposé on February 24, 2022
Doctors are testifying that the Covid-19 injections are causing individuals to develop cancer and acquired immune deficiency syndrome.
https://expose-news.com/2022/02/24/doctors-testify-that-covid-19-vaccines-cause-cancer-and-vaids/
The D Expose has been instrumental to our cause.
AKA the Global Warming THEORY or HYPOTHESIS.
The dems newest mantra is they must pass DACA amnesty or the economy will collapse. Lolol.
Of course collapsing the economy was always part of the UniParty/WEF/Fed plan. Next will be they must digitize our currency to save the world.
As Palin would surely agree, drill baby drill is the only back to sanity.
The last figures were 770k+ registered for DACA so they are trying to say less than 5% of the ELIGIBLE workers would collapse the economy if you did not give them citizenship?……..they would still have their work permits mind you so it would not preclude them from working
Not just inflation but also reduction in product availability.
Scarcity of product first causes inflation.
Then as it worsens it causes rationing.
But when rationing begins, guess who still gets all they want? (Hint – not any of us.)
I’m going to throw this out there…
Any possibility that “shrinking the economy” along with inflation is a ruse to cause the proles to have to sell tangible assets while boosting the value (in devalued currency) of revenue producing, tangible assets in the hands of the elites???
Because when they say: :you’ll own nothing, and be happy”, they certainly are not talking of themselves. We are looking at the face of neofeudalism.
For centuries, enormous wars took place across Europe as the monarchies fought over which cousin would inherit the rule of which country.
World War I was the nadir of this madness. Check out pictures of Nicholas II of Russia and George V of Britain to understand how the world was at the mercy of the madness of kings.
Even the Gulf War was the product of the residue of this monarchical madness, as Saddam invaded Kuwait.
The globalists feed off the droppings of these feudalists, while fully intending a return to feudalism: anything but allowing the American revolution to be completed.
Let the common man rule: there is no other path forward for humanity other than the endless turmoil of feudalism.
What the hell are we fighting about in Ukraine?
I know, Nicholas II and George V could have been twin brothers instead of cousins. The inbreeding of European royalty led to many problems.
Cotton, coffee futures going down down down.
Sugar soon to follow….
Long term interest rates ( 5 yrs and up) going down…shorter term up…implying big recession already here.
But people have nowhere to put their money ( in 401k and ira) so stuck…implying stocks could rise…indeed expect this: Fed is extracting wealth from all savers via inflation.
Grain prices back at March levels….too much wheat beans and corn harvested. And now bean oil tanking huge.
All that said…Metals going up and dollar to begin tanking to 1.17 euro level…as the Fed works w foreign national banks to manage the WORLDWIDE depression.
Only wildcard: price sanctions on Russian oil. Will opec collapse production?
Price sanctions-oil cap is a farce.
Other countries will buy the Russian oil.
Rebrand it and then sell it at a mark up.
It’s already being done.
Economists like to divide inflation into 2 types: cost push and demand pull. What he’s talking about here is cost push inflation, where the cost of production of goods pushes overall prices higher.
They reported on the evening news this evening that gas prices are down, and are expected to fall to below $3/gal by Christmas. Although they reported it rather giddily, it is not something to get excited about just yet. Dropping fuel prices can sometimes signal a market in decline, since most goods are delivered with fossil fuel powered trucks and trains. Falling prices could indicate less demand due to less movement of goods.
All I can say is I’m glad I listened to this site long ago. I can probably make it for a couple years without a worry since I’m just one person. I’ve been stocking non perishables for a lot longer than a lot have. Also included a lot of stuff that might help in almost any emergency…..extra TP, extra mending stuff, extra tape, just about anything that would help anyone in need……not just food, but other things one can barter with if needed. Even keep stuff I don’t even like, as there is always someone who does like it.
I thank you for just being you Sundance and doing what you do for all of us.
I’ll be impressed. Fuel prices same/same truck stops in the states I traveled in August were the same within a margin of 10-15 cents in November. Diesel hasn’t changed IME. Still between 5.80 and 6.50 per gallon in CA and OR.
The oil cap on Russia is a joke.
Other countries will buy the Russian oil then rebrand it and mark the price up and resell it.
I read that we will be buying oil from Valenzuela now?
And also read good chance OPEC + decision will be lowering production at their next meeting.
There was a lot of talk about our “stealing ” Syrian oil. With the outbreak of fighting there once again….if we were in fact stealing the oil and not “guarding ” that souce is gone. If it was/is happening our media will not report about it.
I will not be surprised when our oil/gas cost increases to even more than before Biden started tapping into our Strategic supply.
Me—-
American Oil
From
American Soil
The refineries that can handle the Venezuelan high sulfur content “sour” crude are located in the U.S.
If they are managing the decline of western civilization, and I believe they are;
and if the 2020 and 2022 elections were stolen, which they were;
and if a communist/marxist revolution has taken control of government, which it has;
and if the communists control academia, MSM and Hollywood, which they do;
and if the invasion of our southern border continues, which it will;
Then when does the shooting start?
Remember when BLM took on Bundy et al? Economic warfare can force the Communists into violent encounters and then it’s go time. Forcing patriots from their homes will be one flash point. Will you support patriots or Communists and their soldiers? That’s the question.
War is hell. Not to worry, German citizens went through the same prior to WW2 and Russian/FSU citizens faced similar under Stalin. Then there’s Mao. History is full of examples. Make a choice.
The “Bullshit Detector” is gonna need a wider dial between now and 2024. Just sayin’. 😉