Mohamed El-Erian, the chief economic adviser for Allianz, got the inflation problem correct; states a forecast in line with CTH Main Street review, but then falls short on his political outlook for the solution.

Within the interview, El-Erian predicts inflation at the current CPI measure will increase from current 7.9% to over 10% this year.  That aspect is in alignment with CTH review at ground level.

Current real inflation is more than 15% across the board, if you use the CPI methodology we were using in the 70’s and 80’s.  Both the scale and the speed of the current price increases are historic.  That is why you are seeing prices on retail items jumping so high, so fast.  The price increases on highly consumable goods are in the 15 to 20% range.  WATCH:

An increase to over 10%, using current CPI measures, equals an increase of 25 to 30% in actual price (using historic measures).  Keep in mind, we have already passed through a wave of backward-looking inflation in the 25 to 30% range.  El-Erian is predicting a duplication of that scale into the remainder of 2022, I agree.  The 2020 $3 item became the 2021 $4 item, which will now become the 2022 $5.50 item.  That is our reality. It will not get better.

Where we differ from El-Erian is on the wage side and the political analysis.  Any political intervention to create govt subsidy with the goal to generate a higher workforce will backfire – bigly.  Recent historic employment statistics have not yet reflected the demand side decline in goods.  The employment data is skewed and useless because of the COVID mitigation impact on jobs.

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This post is an assembly of previous research, in preparation for what is likely to surface soon.

Anyone who has followed politics for any amount of time knows the Nancy Pelosi “January 6th Committee” is an opposition research effort under the guise of a House investigation.  The goal is to frame an extremist narrative favorable for the Democrats in the 2022 mid-term election.  That is the entire goal.

What the Mueller probe was to President Trump, the J6 Committee is to the MAGA movement.

Everyone, and I do mean e.v.e.r.y.o.n.e in Washington DC knew Robert Mueller was appointed as special counsel for one reason, to target President Trump, weaken his administration and ultimately remove him from office.  Not a single entity in DC did not know that was the goal.  The same is true here.

Everyone in DC knows Nancy Pelosi’s J6 Committee is intended to target Democrat political opposition. That is the goal. That is ONLY the goal.  Not a single entity in DC does not know that is the goal.

The Republican House members who voted to authorize the J6 Committee know the goal is to target Republicans.  Please repeat that as many times as you need in order to dispatch your battered conservative status.  The Republican House members who voted to authorize the J6 Committee are OUR ENEMY every bit as much as the Democrats.

All of that said, we are now entering the 2022 mid-term election cycle.  The downstream networks, identified by the J6 Committee, are likely to become targets – viewed as influence risks by the Democrats in power.  However, as the objectives of the J6 net grow wider, the DC jurisdiction of the J6 runs into an increasingly more challenging enforcement issue.

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Tucker Carlson used his monologue tonight to give a big picture review of how the White House is using the Ukraine-Russia conflict to hide the economic outcomes created by their policy.

Massive inflation on basic necessities, combined with rising gas, fuel and energy costs are crippling the working class.  The White House is now using the Russia-Ukraine conflict as an excuse to hide their responsibility.   It’s an accurate outline. WATCH:

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Comrade citizens, after success with the Ministry of Information controlling efforts surrounding the SARS-CoV-2 pandemic and public health vaccinations, The Division of Correct Thinking has announced they will also not tolerate any information against their war efforts in Ukraine.

(SOURCE LINK)

All good global citizens will appreciate the Ministry’s effort to protect you from bad Russian influences.  Only the approved truth must remain visible to combat any Russian efforts to influence our thinking.   The only horrors approved for review must be approved by the compliance division within the Google Ministry of Information.

Comrade citizens, as our experience with COVID and the heroic vaccination program has shown us, the Ministry always looks out for our physical and mental health.  The inherent dangers of wrong thoughts could lead to misplaced sympathies, lack of necessary motivation and questions about the altruism within the Ministry for Peace.  Further guidance continues….

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If you remember this very important quote from two weeks ago, what follows will make a lot more sense:

…”Strategic success in the 21st century is not about a physical land grab of territory; that’s what Putin has done.  In this century, strategic power is increasingly measured and exercised by economic strength, by technological sophistication and your story – who you are, what your values are; can you attract ideas and talent and goodwill? And on each of those measures, this will be a failure for Russia.”

~ Deputy National Security Advisor Daleep Singh

White House Deputy National Security Advisor Daleep Singh boiled down geopolitical power to a cultural issue of social likeability.  This is genuinely what the people running the Biden administration believe.

Everyone in the Biden administration is, after all, spawned in the petri-dish of community activism. When they successfully installed Barack Obama, the premise of their strategy proved accurate.   Within this political and cultural strategy, pop icons are used as influencers and policy ambassadors.

This report today from the Washington Post is directly aligned:

(Washington Post) – On Thursday afternoon, 30 top TikTok stars gathered on a Zoom call to receive key information about the war unfolding in Ukraine. National Security Council staffers and White House press secretary Jen Psaki briefed the influencers about the United States’ strategic goals in the region and answered questions on distributing aid to Ukrainians, working with NATO and how the United States would react to a Russian use of nuclear weapons.  (read more)

It is very easy to snark or ridicule this approach from the position of being an intelligent adult in a world of childishness.  However, we dismiss it at our own peril.

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Mark Twain was reported to have said, “History may not always repeat, but it rhymes.”  With the Obama foreign policy team back together again in the White House, we are watching Twain’s truism play out in real time.

Yesterday, the Biden administration specifically designated Qatar as a major non-NATO ally {LINK}.

The purpose of this designation is brutally obvious. The United States is putting Qatar back into the business of brokering arms sales from the U.S. government into Ukraine.  Following the geopolitical intervention models previously used in Egypt, Libya and Syria by President Obama and Hillary Clinton, Joe Biden and Antony Blinken are now repeating the process toward Ukraine.

In many ways this should not be a surprise.  Qatar is the financial hub and support network for the Muslim Brotherhood.  Qatar is also the arms broker for covert military operations when the U.S. does not want visible fingerprints.

By making this designation now, the Biden administration is setting up the groundwork for a long-term proxy war between the U.S/NATO and Russia in Ukraine.

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This is the opening monologue from Fox News host Tucker Carlson that triggered a reaction from the U.S. State Department.

Last week it was a conspiracy theory to discuss biological weapons/research labs in Ukraine.  However, what was a conspiracy theory last week, is an admitted situation as of yesterday.  Tucker takes a closer look at the issue.  {Direct Rumble Link} WATCH:

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Remember when Joe Biden tried to claim, because of his election, the U.S. was respected again?  Yeah, well, not so much.

Apparently, the Biden administration planned to go hat in hand to the Middle East for help with oil production.  However, Saudi Arabia and the UAE refused to even take Joe Biden’s calls.

(Wall Street Journal) […] Saudi Crown Prince Mohammed bin Salman and the U.A.E.’s Sheikh Mohammed bin Zayed al Nahyan both declined U.S. requests to speak to Mr. Biden in recent weeks, the officials said, as Saudi and Emirati officials have become more vocal in recent weeks in their criticism of American policy in the Gulf.

Ha-Ha-Ha… Oh, the Biden administration is not happy with Poland. Not happy at all.

Earlier this afternoon, Poland called Secretary of State Anthony Blinken’s bluff, over the U.S. claims that Poland was going to send fighter jets into Ukraine.  This followed Sunday’s announcement where Poland said the U.S. State Dept was lying.

Earlier today, Poland said they would give the U.S. the planes if Blinken and Biden wanted to start World War III, but Poland wasn’t going to help the U.S. create a war with Russia.  This put the U.S. in a ‘put up or shut up’ position.  Well, Blinken and Biden just folded, per the Pentagon:

Pentagon – We are now in contact with the Polish government following the statement issued today.  As we have said, the decision about whether to transfer Polish-owned planes to Ukraine is ultimately one for the Polish government.  We will continue consulting with our Allies and partners about our ongoing security assistance to Ukraine, because, in fact, Poland’s proposal shows just some of the complexities this issue presents.

The prospect of fighter jets “at the disposal of the Government of the United States of America” departing from a U.S./NATO base in Germany to fly into airspace that is contested with Russia over Ukraine raises serious concerns for the entire NATO alliance.  It is simply not clear to us that there is a substantive rationale for it.  We will continue to consult with Poland and our other NATO allies about this issue and the difficult logistical challenges it presents, but we do not believe Poland’s proposal is a tenable one.  (read more)

Well played Team Poland, well played!

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Earlier today, Under Secretary of State for Political Affairs, Victoria Nuland, was testifying before the Senate Foreign Relations Committee (SFRC) on Russia’s invasion of Ukraine.  The Senate Foreign Relations Committee is the legislative branch body who works with the executive branch State Dept to launder money through foreign nations.  The Senate is the bank, the State Dept is the collection agency.

One of the members of the SFRC is Marco Rubio, also the vice-chairman of the Senate Select Committee on Intelligence (SSCI).  Keep this point at the front of your reference.  Senator Rubio has a specific intent when he asks Ms Nuland publicly about biological weapons labs in Ukraine.

Don’t get so caught up with the nervous admission by Under Secretary Nuland, that you miss the purposeful intent of Rubio in getting out in front of a story that could be more troublesome for the Fourth Branch (intelligence apparatus).  Rubio would not make this public remark, if he wasn’t ¹intending to dilute a bigger issue.  WATCH: 03:35 prompted

48 hours ago, this was a conspiracy theory.

Funny how that happens.

¹Marco Rubio was previously the Senator who defended Mark Warner against damning text messages during the SSCI Spygate effort.

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