This video interview segment was sent to me today along with a “wow, you were right” message. Apparently, the interview took place a few weeks ago (it’s new to me), but the admissions within it are quite remarkable.
The CNBC discussion surrounds inflation and the federal reserve raising interest rates. Minneapolis Fed President Neel Kashkari is talking about the jobs report, inflation and the intention of the federal reserve to continue raising interest rates until they achieve 2% inflation, regardless of consequence. Kashkari doesn’t hedge on the latter issue of consequence; he affirms with absolute guarantee the fed will keep raising rates until the economy shrinks enough such that 2% inflation is achieved. However, watch what happens when Joe Kernan takes that outlook and overlays “supply side” energy policy. WATCH (10:22 prompted):
The issue is quite simple, really. When additional oil, coal and natural gas development is blocked as an outcome of policy, energy prices jump massively. We are seeing 2022/2023 price increases in electricity, home heating, fuel, gasoline, natural gas and other total energy price outcomes in the 60%+ range.
As a direct outcome of energy policy, all of the downstream products and services have massive upward supply side price pressure. When the input prices are driving upward of 60%, the downstream prices increase accordingly. Farming costs, fertilizer, feeding, transportation costs, food at retail and wholesale, and just about every petroleum-based product, which is almost everything, increases in price accordingly.
If supply side energy price increases are pushing +60%, and the Fed will only accept a 2% inflation output result, the only method of achieving the desired result is to shrink energy demand. This is the goal of the current Fed monetary policy. In this interview Kashkari admits the dynamic for the first time in public.
Prior to this interview, the Fed was being too-cute-by-half as they talked about targeting the ‘demand side’ through increased rates. The demand they were targeting is the energy demand, but people (mostly in the financial and business world) were not willing to accept that Federal Reserve monetary policy would intentionally try to shrink the economy.
When overall energy price increases are driving upward of 60%, it is going to take a major amount of economic contraction to drop energy demand to meet the diminished energy supply. CTH has been warning about this ultimate objective for over two years. It’s a simple economic situation.
+60% price on the supply side, with a goal of +2% on the downstream demand side, equals a major amount of activity needing to be removed. Essentially energy use needs to drop by half.
You can put everyone in an electric car and still not even come close to dropping energy demand 50%. You cannot “energy efficient” your way to a 50% drop in demand; there just isn’t enough waste in the system, especially when people are already paying close attention to energy use because it costs so much.
This “transition to the new green economy” is a whole of society shift.
This “transition to the new green economy”, is a multi-generational shift.
The transition includes putting people in smaller houses, stopping their travel, stopping their purchasing of new goods, taking down entire industries and limiting human activity on a massive scale.
Something akin to the COVID-19 lockdown period would be needed, only this level of diminished economic activity would be permanent.
It makes you wonder if the COVID-19 lockdown was the test to see how much energy use would drop if everyone was stopped in place. And yes, during the COVID lockdowns, human activity did stop, economic activity did stop, and energy use did drop by the nearly amount we are talking about.
When you accept what Minneapolis Fed President Neel Kashkari is openly admitting in that interview segment, particularly as he is asked about the massive supply side costs and how that overlays, then you realize how prescient the image is below.
This image is the exact future you see flowing from the “radical transformation,” or what is also called “managing the transition“…
At the end of the transition, you have two social societies. One social system is a massive assembly of human activity all in close proximity. The alternative social system consists of those who do not wish to be jammed into Build Back Better cities yet forced to sustain themselves because the energy production and delivery resources in the larger geography have been stopped.
Now you know why I asked the question, “where would you live” over a decade ago.
PS. I’m not being snarky when I say: (1) there are trillions at stake; and (2) the management and control team behind Ron DeSantis belong to team “eat the bugs.”
That dude looks like a psychopath.
Dead give away the crazy eyes.
I didn’t vote for this guy.
This is why End the Fed should be top priority. Audit, indict, and make these billionaires start paying down the trillions of debt they put this country into with their endless, mindless agenda’s! Just like we don’t need a centralized government, we don’t need a centralized banking system. This CB only come into existence in 1913. What else came into existence then? Federal Income tax.
The tell was going “too 10”. No mention of fiscal restraint. Gird your loins…
Another reason for crashing the economy is to remove the alternative of a job many have ( be it far from middle class sustinence) to supply the military industrial complex (arm of government and Not productive to needs of the serfs) with human resources to enforce their austerity goals worldwide. Recruitment numbers are down.
Like with corporate CEOs, why are so many of these people foreigners?
Wow, those creepy eyes. I get pup handler vibes off of this one.
Was he cast in the movie “The Mummy”?
I did t see your post, absolutely he does
Nailed it!
Imotep!
If this is NOT treason, then what is?
Hey spineless repubs, where are you?
Without NATIONALISM, without National borders, and individual, National Governments, there is no such thing as “Treason”.
And the Globalist’s goal, is an end to the “Nation-State”; an end to National borders, and individual Nations, having Governments that serve the citisens OF the Nation.
And so, indirectly an end to “Treason” as we know it.
Instead, they are transfering the CONCEPT of Treason, to any action that conflicts with the hive collective.
Too true, too true. I hear people say this merging of gov/corp power can’t be “fascism” because there’s no nationalism, but as we all know, this is the 21st century version, in which it is globalism that cannot be criticized, not the nation — but it’s the same concept.
Next the federal government will necessarily shrink, right? … Why are you laughing?
No! The US government will expand to deal with the problems caused by the shrinking economy.
”I am the government, and I am here to help©” ©Ronald Reagan
I don’t think the ultimate goal is shrinking the economy.
I think the goal is peak monopolization & governmental control of everyone but the elites.
The Democrat Biden economic policy is geared toward destroying private enterprise.
Once they have assured ALL the money created from economic activity goes in the select few pockets designated by those who are the puppet masters of those in government (the elites/globalists) the policies thwarting economic activity will be lifted.
Yes, think of this more like them controlling who gets into the lifeboats after the Titanic was hit.
Are the Psychopaths the WHO trying to lock us down again with another scam?
Is the WHO planing another unlawful lock down along with another scam.
An Even Deadlier Pandemic Warns NYT
https://www.thelibertybeacon.com/an-even-deadlier-pandemic-warns-nyt/
If you’re trying to reduce the population… you are going to need to shrink the economy.
On that note: Be kind and offer your liberal friends rides to their next booster.
It isn’t his fault. There is no option after the lockdowns and President Pant-Load added 10 trillion printed dollars to the world economy.
Just food for thought and I know it’s a very unrealistic example but, if we stopped printing “money” right now and started to repay the 30 trillion dollar debt at 1 dollar per second, it would take 31,709.8 years to repay it………let that sink in.
So then, at $10,000 per second, we could wipe it clear in a little over 3 years and 2 months.
Got it. Start passing the collection plate….
That is not how a debt-based electronic ledger monetary system works.
The solution is simple. Just remove capital gains from Constitutional money. Currency and debt will still exist but savers will now have a mechanism to protect their purchasing power ‘without’ providing the IUO fuel that causes a geometric rise in these debt-based systems.
Low income Americans are “paying down their excess savings!!!” – what an inverted bureaucratic view of everyday Americans being pressed by inflation from energy prices and crazed government borrowing/spending.
Wow. This also means that medical care is going to further diminish for Boomers, the largest demographic. How convenient for the population control crowd.
“…medical care is going to further diminish for Boomers..”
That’s already well underway. It was accelerated using covid as the cover. Unfortunately for them (fortunately for us) they became too confident with their lies and a great many insiders were alarmed at the blatant, evil, deliberate harm that was inflicted upon innocent, elderly people.
The treachery was exposed for all to see… all whose eyes were open.
Actually, the farther away you can get, from “medical care”, the safer you are, so in a way, this may be a GOOD thing,..
Agree. The AMA-driven, Big Pharma purchased, allopathic medical institution should be avoided until you have no other choice, and even then, have your lawyer on retainer.
Just the fact that they kept up those signs declaring that everybody had to take one of those stupid paper masks and put it on…every medical office of every kind, long after the lockdown…when no other businesses did it, medical offices kept it up? That was blatant treachery, all right!
Yep
Wouldn’t be suprised in 10 years if America went the way of Canada in assisted dying.
Your WAY too pessimistic,…they will have it in place in 2-3 years, tops.
There is just too much $ to be made, in organ harvesting, for it to take 10 years, and our enemy is impatient and greedy.
God Kashkari looks like an evil Egyptian pharaoh form the mummy movies
And apparently he is!
Is the WHO planing another unlawful lock down along with another scam.
An Even Deadlier Pandemic Warns NYT
https://www.thelibertybeacon.com/an-even-deadlier-pandemic-warns-nyt/
cntrl-gault-del. These “elites” think they have a real plan. We shall just see about that!
The Picture is a “Brave New World” scenario.
Help me understand what is going on.
Gas prices at the pump are still high. So supply down and demand inelastic?
But there is news of a diesel glut. So another supply adjusting and demand also inelastic?
And Natural Gas price continues to trend way down. So another demand is down, or supply up, or just coldish winter or what?
Why does Nat Gas seem to be an anomaly?
Obama, the head fascist clown, said in 2014, “Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket, regardless of what I say about whether coal is good or bad, because I’m capping greenhouse gases”. You people have such short memories. Jeez!!
Good quote. And goes well w/ this one by the HFC, BO, a month before FJB was installed:
… if I could make an arrangement where I had a stand-in, a front-man or front-woman and they had an ear piece in and I was just in my basement in my sweats looking through the stuff and I could sort of deliver the lines, but somebody else was doing all the talking and ceremony, I’d be fine with that,
Soon they will say that the dead take up to much land and must be ground and use to grow mushroom for the greater good.
It’s important to know in the “eat the bugs” reference– that bug consumption will result in people living shorter lives (which is believe is the goal). This is because insect exoskeletons contain Chitin. Chitin just happens to help parasites and other pathogens survive attacks from the immune systems of the hosts that they attack.
You won’t see Bill Gates or Klaus Schwab eating them… and neither should you.
See: EXPOSED: Globalists want everyone eating crickets because their exoskeletons contain CHITIN that parasites and pathogens use for protection when infecting humans and animals
On the DC Clothesline.
The intended collapse of the US right before our eyes. We are under attack and this time it’s from within.
We are ruled by extremely evil people. We are, in fact, running out of fossil fuels. Whether it’s because they don’t want to look for more or there isn’t more in the ground to fine ~ either way, there’s less available. (Personally, I think they don’t want to find more. Alaska is enormous and how much of it has been extracted? Did we even look in Antarctica?) And… realize that ‘things’ would be much easier in the demand reduction equation if half+ of the population died suddenly *cough *cough. Which takes us back to my first sentence – We are ruled by extremely evil people.
Shrinking the economy “won’t have the damaging effect you are talking about”. There it is, now die already.
To start off, they are NOT “fossil fuels” unless somebody can explain how dinosaurs got on Venus, and some of the moons, as they are literally awash in so-called “fossil fuels”.
And NO, the earth ISN’T running out, “peak oil” is another hockey stick graph bullshirt theory, discredited.
Usa doesnt go from #1 exporter to…empty in 2.5yrs. They have slashed means and methods. Now handing big oil trillions in carbon capture as bribe.
Maybe I’m too humanities and not enough STEM, but doesn’t the very nature of fossil fuels mean that they’re continuously being formed?
“Goal is to shrink the economy to meet decreased energy supplies”?
Actually, its the other way around:
The goal is to shrink US and western alliance energy supplies to shrink the US and western alliance economies.
Weakening the US and western alliance. This will be a permanent effect, because their energy infrastructure is also being weakened long-term.
Why would anyone want to do this?
Notice how BRICS+ are not doing this? They are strengthening their energy position, while the US and western alliance are weakening themselves.
Does that answer the question?
If they are going back to the economic size of 1910, they are going to need the world population of 1910.
What they want is the population of pre-1910 and the technology of 2110. Mostly so they can effectively own everything of value as the new aristocracy and be immortal.
Regressing to a more primitive social dynamic is what they’ve wished for since the advent of the industrial revolution.
If, at this point in 2023, you are unaware that the Coup is INTENTIONALLY damaging the US economy and INTENTIONALLY putting US national security at the gravist risk (to put it politely), then you are, frankly, a retarded vegetable.
Just look at the man’s eyes… Psycho.
Unfortunately Pres DJT didn’t take the WEF CABAL OUT IN THE PERIOD BETWEEN 2017 and 2019!!! Could have gotten them ALL during their winter gathering in Davos with just a few well placed Cruise Missiles, maybe if he is back in 2025 he can look to complete that task and rid the World of these VERMIN!!! 🫤
Thoughts coming to mind:
Looks like a villain from central casting
Yeah, it’s been pretty obvious, hasn’t it?
And they call themselves PROGRESSives? Riiiiiight.