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Cleveland Fed Chair Outlines Reasons Monetary Policy Cannot Lower Inflation When Energy Policy Is in Control

Loretta Mester, the president and CEO of the Federal Reserve Bank of Cleveland, appears on CBS Face the Nation to discuss inflation, the economy and monetary policy.  Ms Mester is in a tough place, because she cannot admit the influence of federal monetary policy is far outmatched in the era where Joe Biden energy policy is limiting oil and gas development and creating massive inflation.

Mester does admit the supply chain crisis will extend well into 2023, but blows hopeful unicorn wishes by projecting that price inflation will temper by the end of this year.  From the perspective that 20 to 50% price increases on critical goods (housing, food, fuel, energy) are unsustainable in repeated cycles, she is correct; the rate of inflation will lower. However, that’s only because the baseline prices will have increased so high the rate of increase measure falls.  WATCH:

A $4 item that gains a $2 increase holds a 50% rate of inflation.  The next year that $6 item again has a $2 increase, but the rate of inflation drops to 33%.  The price increase is the same, but the rate of inflation drops.  That’s what is going to happen in the second half of this year.  FUBAR

The White House is doing this on purpose in order to chase their ideological dreams of sustainable energy and climate change.  Energy prices underline the entire economy, because oil and gas prices touch everything.  Insofar as they continue the war against coal, oil and gasoline, there’s nothing monetary policy can do to combat inflation.  The Fed must however, pretend not to know things.

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Neil Oliver, the COVID Schemes Cost Billions, but the Aftermath Costs Are Worse Than Money

Neil Oliver takes a look at the economics of COVID and how government intervention and spending has crushed the working class.  However, it is not the financial aspects that carry the worst debt in the aftermath, there is a human cost that can never be repaid or recreated.  WATCH:

{TRANSCRIPT} –  “There are debts that can be repaid and debts that can’t. During the time of Covid, vast piles of money were conjured into being by the government, borrowed as if by magic from the distant future. Unimaginable quantities of that funny money were wasted – spent on PPE that didn’t work or that wasn’t needed and is now yet more plastic heaped into landfills or otherwise littering the landscape and seascape. Millions went on the Nightingale hospitals that were never used. Around 37 billion pounds – ten percent of a total of 370 billion pounds set aside for Bounce Back Loans and the Eat Out to Help Out scheme – were lost to fraudsters. £37 billion pounds.”

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Republican Voter Registrations Surging in Pennsylvania Ahead of May 17 Primary

Reuters has an interesting article about changes within the Pennsylvania electorate and a surge in Republican voter registration.   One of the key notes from their research is a large shift in Democrat registration voters switching to the Republican Party. “Republicans have converted four Democrats for every Republican who has switched to the Democratic Party, according to data published by Pennsylvania’s Department of State.”

In the Keystone State Republican U.S. Senator Pat Toomey is retiring this year, and Pennsylvanians will vote for governor following the exit of Democrat Tom Wolf.  Voter registration ends May 2nd, and the Pennsylvania primary is May 17th {link} [General election Nov 8].

The Pennsylvania voters, interviewed by Reuters, shared the issues they consider important to them including (1) crushing inflation, gas prices, (2) economy overall, (3) major rise in crime, (4) border security, and (5) cultural issues to include the leftist shift in education.

Even in strong Democrat districts like Philadelphia, the outcomes of Democrat local and national policies are turning voters toward the Republican Party.

The Reuters article frames the issue in terms of a warning to Democrats for the 2022 election, using example of voter registration shifts in key states.  However, as we have seen from the experience with the professionally Republican Party, if there’s one organization who can (intentionally) screw up an opportunity for push-back against advancing leftism, on either the state or especially the federal level, it’s the GOPe.

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Primary Witness to Material Within Hunter Biden Laptop Says Active Two-Star General Has Warned Him About Pending U.S. Government Retaliation

Emerald Robinson has a great interview with Jack Maxey from Switzerland. Maxey was the first person to receive a full hard drive copy of the Hunter Biden laptop from Rudy Guliani. After media, Senate and U.S. government officials refused to take action, Maxey went to Switzerland in order to complete a full forensic audit of the laptop content in a neutral jurisdiction. {Background}

Previously, Maxey outlined [Daily Mail article and Video Here] his intent to share the full contents of the original files, and all of the retrieved deleted files, with the public so that people can see the scale of depravity and Biden family corruption within the evidence.  In this interview with Emerald Robinson, Maxey states the full and searchable email archive will likely be completed early next week.

Additionally, in this interview Maxey goes into greater detail about the larger issues surrounding impediments to the release of information, including how the laptop contained access certificates to enter the Defense Department database.   Maxey tried to get the DoD to address the issue without success, until he found a direct conduit to a two-star general who took the certificate codes, deactivated the access and thanked him for his diligence.

Unfortunately, that same general then told Maxey he needed to focus on securing the safety of himself and his family, as the full weight of the U.S. interests, including the intelligence apparatus and defense apparatus, will likely target him.  Emerald Robinson does a good interview.

You can visit Emerald Robinson Substack HERE

Emerald Robinson on The Absolute Truth HERE

In my opinion, it is Maxey’s forensic review of the data and statements about making it all public, that triggered/pressured the collective western media to begin admitting the laptop issues were real and start covering the details.

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There It Is, The Canadian 2022 Budget Authorizes a Central Bank Digital Currency

CTH noted earlier, in the aftermath of the COVID-19 control mechanisms, things were being done legislatively to follow a ‘new world order’ for western democracies {Go Deep}.  One of the nations we noted following this new direction, was Canada.  Today, a review of the proposed Canadian 2022 budget finds something to align with the new version of democracy – the establishment of funding to create a central bank digital currency.

That should not necessarily come as a surprise.  After all, despite a massive amount of denial from the Canadian Finance Minister and Canadian Prime Minister toward the context of CTH research {Go DEEP}, the direct evidence we were looking for is now discovered.

Buried deep, very deep, in Chapter 9.2 of the Canadian Budget you will find this:  …”In the last several months, for example, there have been a number of high-profile examples—both around the world and here in Canada—where digital assets and cryptocurrencies have been used to avoid global sanctions and fund illegal activities.”

(Chapter 9.2) […] Budget 2022 includes measures that will help maintain the integrity of the financial system, promote fair competition, and protect both the finances of Canadians and our national security.

    • Budget 2022 announces the government’s intention to launch a financial sector legislative review focused on the digitalization of money and maintaining financial sector stability and security. The first phase of the review will be directed at digital currencies, including cryptocurrencies and stablecoins.
    • Budget 2022 also proposes $17.7 million over five years, starting in 2022-23, to the Department of Finance to lead the review.

The review will examine, among other factors: how to adapt the financial sector regulatory framework and toolbox to manage new digitalization risks; how to maintain the security and stability of the financial system in light of these evolving business models and technological capabilities; and the potential need for a central bank digital currency in Canada. (LINK)

Huh. Imagine that.  What was called a “conspiracy theory” just a few weeks/days ago, is now the expressed intent of the same government who denied it was ever being considered.

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Kamala Harris Reacts to Senate Confirmation of Judge Ketanji Brown-Jackson As Supreme Court Justice

Ketanji Brown-Jackson was always going to be installed in the supreme court as part of the overall Obama team’s use of Joe Biden.  Merrick Garland was removed from his position specifically to create the path for KBJ to travel.  Everything about this was planned well in advance of Biden’s installation.  KBJ is to the judicial branch what BHO was/is to the executive branch.

The same motives and intentions were true for the Obama crew selecting Kamala Harris to be Joe Biden’s vice-president.  Harris represents the least qualified person in office and her ineptitude is a specific reason she was selected.  Harris’s inability is the shield that protects Biden from Republican efforts to remove him.  This too is part of the design.

Today the least qualified person ever to hold the VP position, gives her opinion on the most radically qualified Alinsky ideologue ever to reach the Supreme Court.  Eloquence is not her forte’. WATCH:

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Folks, the need for control is a reaction to fear.  The people in “fly over” country have joined with the coastal working class.  People are furious right now, from the guy that guides hunters, to the truck drivers, hammer swingers, mayors of towns and cities, and even state senators, legislatures and newly awakened citizens who are demanding action against this leftist onslaught.

The political pendulum has never, in the history of humanity, stayed on one side of a swing. The back lash from overreach has always been proportionate to how far off center it went before coming back … and right now we’re staring at a whole hell of a lot of the country (about 80-90% of the land mass, as well as about 70% of the population) that is fed up.  DC knows they are in a tenuous place, and they do not want that assembly deciding the only way to fix it is to burn it down and start over.  They are doing everything in their power, and beyond, to control and avoid it.

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Biden Administration Admits to Creating Strategic Disinformation for Their Intents in Ukraine – Meanwhile Big Tech Claims They Will Target Anyone Who Intentionally Uses Disinformation

Riddle me this my friends:  The White House has officially admitted to creating misinformation, disinformation and malinformation as part of their strategic campaign against Russia in Ukraine.  NBC news gleefully embraces the strategy {SEE HERE}.  However, the U.S. Cybersecurity and Infrastructure Security Agency (CISA) has an official agency mission {SEE HERE} to “help the American people understand the scope and scale of Mal, Dis, and Misinformation activities,” and Google/Big Tech have officially aligned with both U.S. government interests, promising to target, remove and penalize any entity engaged in Mal, Dis and Misinformation activities.

Please think about the inherent questions.  On one hand the White House and Intelligence Community is admitting they are purposefully and intentionally creating misinformation, and on the other hand the White House and Intelligence Community are promising to target the origin of misinformation.  In the middle, Big Tech speech police are saying they will be the arbiters of what constitutes misinformation.   See the problem?

Before ‘circling back’ to the previously emphasized CTH position, first take a look at how “senior administration officials” are admitting to NBC the creation and promotion of misinformation under the auspices of weaponized false intelligence reports:

(Via NBC) – […] three U.S. officials told NBC News this week there is no evidence Russia has brought any chemical weapons near Ukraine. They said the U.S. released the [mis]information to deter Russia from using the banned munitions.

[…] Coordinated by the White House National Security Council, the unprecedented intelligence releases have been so frequent and voluminous, officials said, that intelligence agencies had to devote more staff members to work on the declassification process, scrubbing the [mis]information so it wouldn’t betray sources and methods.

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There Is Something Very Troublesome About the Western Govt, Post-COVID, Rules-Based Order

While the western media quickly jumped from the COVID crisis to the Ukraine crisis, in the background of current events there is a lot of activity amid western government that does not look very democratic.

The word ‘autocracy‘, with all its variants, has been used a lot frequently by western government politicians as they attack the ideology of Russia, China and essentially every national leader who does not join their “rules-based order” club.  There is so much linguistic repetition from the same western leadership, it’s impossible not to see this autocracy narrative as some form of talking point that stemmed from some G7 or NATO collaboration meeting.

It does not seem coincidental the new catch phrases of “autocracy” vs “rules-based order” surfaced at the tail end of the COVID crisis, when Build Back Better shifted from a talking point into an actual set of western legislative constructs  perhaps intended to codify the emergency powers those same officials deployed.

What kind of democracy, or rules-based order mindset, was the European Commission carrying when they decried the overwhelming national election in Hungary?  Surely if the EU wanted to celebrate democracy, they would cheer for the high voter turnout that reelected Prime Minister Viktor Orban, yet they did exactly the opposite.  Apparently, some democracies are more valued than others.

At the same time the EU is clutching pearls over the results in Hungary, another western ally, Canada, is codifying the government’s emergency act power to seize property without due process.  As we are directed to be distracted by everything Zelenskyy, it might be worth noting that Ontario Bill 100 is about to permanently change the rules of permitted political protest. You can read about Bill 100 here and watch the economic debate here.

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FWIW at Least Someone Said It Out Loud

While the jackboot on our neck doesn’t seem to be getting any lighter, at least someone says what’s going on out loud. {Direct Rumble Link}

House GOP representative Jim Jordan delivered a speech on the floor today that essentially encapsulates most of the current issues that have become the collective weight from the jackboot.   Insofar as congressional speeches have value, this summary from Jordan is quite succinct. WATCH:

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Twitter Suspends Former U.N. Weapons Inspector for Questioning Ukrainian Government Claims of War Crimes

A quote attributed to George Orwell states, “In a time of universal deceit, telling the truth will be a revolutionary act.”  It appears that quote was considerably prescient as Big Tech and the U.S. intelligence apparatus collaborate to retain their narrative.

Former U.N. Weapons Inspector Scott Ritter has been suspended from Twitter for questioning the transparently sketchy circumstances around Bucha, Ukraine.

Regardless of your position on the Ukraine -vs- Russia conflict, the larger concern is the manipulation of information in an increasingly totalitarian era. The entire premise of democracy, speech and open debate is being undermined by the collaboration of tech platforms and the U.S. intelligence apparatus.

In this era of new “democratic norms”, trust in the institutions of government has collapsed.  As social media platforms increasingly align their efforts with those collapsing institutions, the battle for your mind carries deadly consequences.  Think, while it is still permitted.

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