The ideology of these elitist minded control officers is really remarkable.  The president of the European Central Bank, Christine Lagarde, has given several statements to media saying policy measures must be put into place in order to stop wage growth from fueling inflation.

Think about this in the most practical of terms.  Western politicians have created massive inflation through their collective ‘Build Back Better’ energy policy.  The central banks have raised interest rates, an effort to shrink the economy by lowering energy demand, to offset the skyrocketing costs of the energy problem the politicians created.

With workers demanding pay raises to help afford the skyrocketing costs of energy, the central EU bank is now worried that wage increases will fuel inflation.

There’s a truckload of pretending needed to avoid seeing the insufferable dynamic of reality.

Political policy drives up energy costs. Central banks try to drive down energy demand.  Workers unable to afford the energy prices created by politicians, are then blamed for the inflation the political policy creates.

Sooner or later ordinary people are going to figure out this abusive cycle.

(Via Reuters) – Euro zone wages are growing quicker than earlier thought and the European Central Bank must prevent this from adding to already high inflation, ECB President Christine Lagarde told a Croatian newspaper.

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They have proposed and refined so many of the carbon trading schemes, it becomes difficult to remember which iteration each new formula replaces.  Heck, I’ve lost track of how many of the individual components of the larger plan are already in place.  However, John Kerry has introduced the western elites at COP27 to the latest acceptable proposal surrounding coal fired energy.

Against the backdrop of sped-up Build Back Better urgency, this coal-based carbon trading platform is called the Energy Transition Accelerator (ETA).

When you stay elevated to the larger way the Energy Transition Accelerator works you can clearly see the transferring of wealth from your bank account to the global control mechanism that will eventually determine your energy allotment.  The companies that provide energy are simply the collectors for the fees you will pay to the World Economic Forum income disbursement group.

(Reuters) – […] The scheme, known as the Energy Transition Accelerator (ETA), was launched at the United Nations’ COP27 conference this week by John Kerry, the United States’ climate envoy, in collaboration with the Rockefeller Foundation and the Bezos Earth Fund.

[…] Voluntary carbon markets, in which companies get emissions credits in return for channeling cash to poor countries that cut their carbon output, have often been riddled with fraud and double-counting. Many critics think rich countries should just fork out the cash themselves to close coal plants – or tax fossil fuel companies to get the money. (read more)

There’s the system in a nutshell.  Energy providers must purchase emission credits from the ‘carbon market’ (govt); in the U.S. likely the EPA as they do with RIN credits.  The electricity provider puts the carbon purchase credit fee in your electricity bill.

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The financial pundits are slowly starting to drop the pretending and discuss the bigger economic picture. However, as they tread very carefully, they are being very cautious about admitting too much.

A Reuters discussion of the comments by Federal Reserve Chairman Jerome Powell, starts to dip the media toe in the painful pool; yet they will not admit the Biden energy program is the source of the inflation Powell is targeting with his policy moves to shrink energy demand. Thus, the pretending continues.

If you take the written words and extract the parseltongue, you can see a more fulsome picture of what is being outlined.

JACKSON HOLE, Wyo., Aug 29 (Reuters) – The message from the world’s top finance chiefs is loud and clear: rampant inflation is here to stay and taming it will take an extraordinary effort, most likely a recession with job losses and shockwaves through emerging markets.

That price is still worth paying, however. Central banks spent decades building their credibility on inflation fighting skills and losing this battle could shake the foundations of modern monetary policy.

In other words, the U.S. economy is based on core U.S. energy systems and moving that construct to alternative energy, windmills, electric vehicles and solar panels; along with getting Americans to accept a lowered standard of living; is an “extraordinary effort.”

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Neil Oliver uses his weekly monologue to challenge the originating precept of the Great Reset, Build Back Better or New World Order, agenda. Get beyond the talking points and every policy from within the World Economic Forum instructions boils down to the quackery behind anti-humanism.

“The so-called Green Agenda is predicated on the rape of the earth for rare minerals, lithium and cobalt and more,” he points out. “Also, metals like copper, silver and gold. The extraction of those commodities means wholesale destruction of environments,” he adds. “Before a single turbine is raised or solar panel set in place, the sites are cleared and sterilized of all life. The turbines held up by massive plunks of concrete and while in action they kill millions of birds. When they come to the end of their working lives there’s nothing to be done with the colossal blades but to bury them in vast landfill sites.”  As Oliver notes all of this is being done under the hypocrisy of calling it “green”. WATCH:

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During his press conference from Saudi Arabia, the installed occupant of the White House was asked about the possibility that congress will not pass the $500 billion spending proposal to continue the radical transformation of the American energy sector. [Transcript]

Q On the issue of climate, Joe Manchin obviously made significant news right now, which appears to be torpedoing what was one of your biggest priorities as it relates to energy and to climate back at home. Your message to those Americans right now who are looking for that relief that would have a wide impact as it affects the climate and energy specifically?

Joe Biden: “I am not going away. I’m going to use every power I have as President to continue to fulfill my pledge to move toward dealing with global warming.”  Thank you very much.” [link]

Put another way, “you will eventually eat the bugs.”

As previously noted, regardless of how much chaos, crisis and hardship they create, the collective western government leaders are not going to stop pushing their Build Back Better climate change agenda.  These are committed ideologues.  They are united in their objective and not a single politician is willing to see the catastrophic damage they are creating.

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People criticize CTH saying ‘stop revealing the evidence of problems and start talking about the solutions‘.  What critics do not realize is we are not trying to win a battle, we are trying to win a war.  Every person who accepts the reality of the problem, becomes the solution.  CTH will not stop revealing, digging, researching and revealing the truth as it can be found.   Again, I am not Paul Revere.  I am the guy who hangs the lantern.  YOU are Paul Revere.

An Australian Senator from South Australia named Alex Antic {Facebook Link} delivered a speech in Parliament that deserves widespread attention.  This is three minutes of unrelenting truth bombs. Each sentence represents a detonation in the heart of globalism.  WATCH:

People want an elevator speech they can share and explain.  Alex Antic just gave you one. [Facebook Link]

Alex Antic did not kill himself.

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Everything including oil, natural gas, wheat, and fertilizer is skyrocketing in price right now.  Ten- and twenty-year records are being eclipsed, as energy prices are soaring on the back of oil flirting with $114 a barrel.  Unfortunately, here comes more inflationary pain, and everything is being blamed on the Russia-Ukraine conflict.

Toward the end of last year, we warned that fertilizer costs were going to harvest costs in 2022 (field to fork, go deep), long before Ukraine came into the picture.  Unfortunately, future wheat prices reached $10.59 a bushel today, the highest since March 2008.  Additionally, corn prices have passed their highest rate since December 2012.

It may seem like those crops are not that important.  However, keep in mind that corn, wheat and soybeans represent the baseline for not only grain production in the U.S, but they are also the primary feed products for proteins: chicken, pork and beef.  We are going to feel this second wave surge at the grocery store.  Hopefully everyone has prepped.

Additionally, oil prices have jumped to near eight-year highs. Brent crude, the global oil benchmark, rose as high as $113.94 a barrel, the highest since June 2014, and has been trading around $111 for most of the day.  If you were paying $4/gal for gas, these oil rates add around another .50¢ today alone.  Yes, you read that correctly, inbound tankers of gasoline will offload at your convenience store at a rate ten percent higher than yesterday.

Making matters worse, the Joe Biden energy policy -focused almost exclusively on green energy- is making any investment in domestic oil production tenuous at best.   The major oil companies are wary of spending money for U.S. energy development in a climate where the U.S. government is specifically against that effort.

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In the Netherlands the typically high-brow, polite and social society has been a little shocked at how the Dutch proles have begun to express anger toward the totalitarian dictates of the professional political class.

Amid this class-driven über-sensitive social fabric, Dutch Prime Minister Mark Rutte is now in the tenuous position of holding a governmental system together with a coalition of disparate leftist groups who are, well, a little eclectic all things considered.

As noted recently “One of the biggest challenges for the new government is the rise in public mistrust and anger towards politics and politicians.  The Netherlands has seen some of Europe’s biggest opposition and protests against government COVID-19 policy. Many Dutch lawmakers say they don’t feel safe. Some of them now have to be protected by police around the clock – a shock in a country where ministers often ride bicycles rather than use their official cars.” (link)

The land of skinny pant beta males has, as the most sensitive progressives would expect, put women into all of the systems of government to showcase their civic investment and high-minded multicultural progress.  The Netherlands is the type of place where Davos attendees feel comfy sipping filtered dew from the petals of spring tulips and discussing the best way to save the planet from the scourge of the shallow working class.  Okay, so that’s the context…

Into this mix comes a young Dutch wolverine, a new Member of Parliament named Gideon van Meijeren; who appears to be a rather cheeky rebel, quite comfortable telling the elite they look silly. THIS you have to watch to appreciate (Direct Rumble Link):

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We originally outlined the new COVID-19 variant along with the international motives of the science community for delivering it HERE.  Previously the new worrisome, 10 spike, vaccine resistant variant was called “The B.1.1.529 variant“.  However, those types of names do not work well for larger fear narrative distribution.  As a result, the international scientific community has given it the name “Omicron“.  Perhaps the “Merry Christmas” variant would be culturally insensitive.

Globally, and not coincidentally –politically– the greatest challenge to those in power is a massive rise in direct inflation.  What is the quickest way to eliminate the political risks due to inflation?  Shut down demand….. lock down the economies… turn the values closed on economic activity, and then watch oil prices plummet.

As the science is told, Omicron originated in South Africa, Botswana, Zimbabwe, Namibia, Lesotho, Eswatini, Mozambique and Malawi.  Government officials around the world have responded to the Omicron variant by banning travel from those countries.  The U.K and Australia kicked off the latest round of fear porn with their travel bans.  Subsequently, fellow EU nations Austria, France, Italy, the Netherlands and Malta all announced imminent entry bans to all travelers who’ve entered South Africa and surrounding nations in the past two weeks.

In North America, Canada will be “banning the entry of foreign nationals…that have traveled through southern Africa in the last 14 days,” due to the new coronavirus variant Omicron, Health Minister Jean-Yves Duclos said at a news conference Friday. (link)  And right on cue the Biden administration joins the effort:

WHITE HOUSE – “This morning I was briefed by my chief medical advisor, Dr. Tony Fauci, and the members of our COVID response team, about the Omicron variant, which is spreading through Southern Africa. As a precautionary measure until we have more information, I am ordering additional air travel restrictions from South Africa and seven other countries. These new restrictions will take effect on November 29. As we move forward, we will continue to be guided by what the science and my medical team advises.” (more)

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Earlier today Treasury Secretary Steven Mnuchin appeared on CNBC for an extensive interview from the Davos, Switzerland, World Economic Forum.
Good grief.  What is so hard to understand about the statement: “economic security is national security”?