All around this western world of ours we find ourselves surrounded by economic pretenders and financial pundits, perhaps intentionally stuck, using old school economic theory to analyze a new era in government manipulation of the economy.  It’s maddening… but at least we do not need to pretend on these pages.

Milton Friedman was not wrong at the time he stated that inflation is driven by monetary policy.  Print money and the value of it diminishes; this is true.

However, we are in an era that Friedman never foresaw, nor could he fathom, where the structural policy of government is created to intentionally shrink economic activity.

Purposefully reducing energy resources and then purposefully reducing economic activity to match the diminished level of energy available, is the underlying purpose of what the western globalists call “Building Back Better.”   The claim of “climate change” is the justification for their action.  Too few people truly understand this, and as a result we see false arguments about the root of inflation being presented.

The ROOT CAUSE of modern western inflation is the intentional shortage of traditional energy resources (coal, oil, gas), which is driving up the price of the everything attached to the use of energy, everything.  It is a supply side causation with policymakers trying to forcibly shrink energy demand.   Quit making excuses in any other direction.

As energy products skyrocket, everything attached to the energy product rises in price – that is a supply side issue.  Yes, if you wish to be obtuse and support the justification from the policymakers, you can -if you chose to join the pretending- argue that demand for energy is the cause. However, demand for energy is far more consistent than the reductions in the supply that have been created.

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New England consists of six states in the US Northeast, Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.  The states have been warned by regional ISO electricity providers for several years about their vulnerability if the winter weather is harsh and there is a significant increase in demand for home heating.  Those warnings are now multiplied by the massive price increases for natural gas.

Keep in mind as all these natural gas and LNG issues surface, the U.S. has been exporting natural gas to Europe as part of the Biden effort to subsidize the NATO effort against Russia.  Prices for natural gas have skyrocketed, and now shortages of the fuel source for energy production may create even bigger problems for New England.

[Via Zero Hedge] – […] The region’s power mix changes have left it increasingly reliant on international NatGas spot markets. State governors have asked US Energy Secretary Jennifer Graholm to waive the Jones Act and allow foreign-owned tankers to ship LNG from the US Gulf region. 

All of this has led to New England residents facing some of the highest electricity bills in years. Heating season is already underway. 

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South African President Cyril Ramaphosa held a two-day summit with Saudi Arabia on mostly economic matters.

At the conclusion of the summit, he confirmed the intent of Saudi Arabia to join the BRICS economic coalition, which should not come as a surprise given the previous statements by Saudi leader and Crown Prince Mohamed Bin Salman (MbS).

(MSM) Ramaphosa confirms Saudi Arabia wants to join Brics family.  This was revealed by President Cyril Ramaphosa during his two-day state visit to the kingdom on Sunday.

“The Crown Prince (prime minister Mohammad bin Salman bin Abdulaziz al Saud) did express Saudi Arabia’s desire to be part of Brics and they are not the only country,” said Ramaphosa. He confirmed this on Sunday during an engagement with the media.

Brics held its first summit in 2009, with SA joining the following year. The bloc has generally been seen as an alternative to the dominance of the western economies.

“We did say that Brics having a summit next year under the chairship of South Africa in SA and the matter is going to be under consideration.

“A number of countries are making approaches to Brics members, and we have given them the same answer that it will be discussed by the Brics partners and thereafter a decision will be made.” (read more)

Since the outset of the Western Alliance sanctions against Russia, we have been predicting an increased geopolitical influence from the BRICS team.  A global financial and economic cleaving is underway created by the western nations chasing ideological climate change energy policy, while the rest of the world remains pragmatic toward oil, coal and natural gas as energy resources.

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It appears our friend Neil Oliver has the week off. So, we will visit another, albeit saltier, U.K. voice who is also grounded in pragmatic common sense.  Russell Brand recently discussed how “President Trump is Right” about the issues around the Ukraine war and the conflict with Russia.

Mr. Brand notes a few bold nuances that are mostly lost in the media conversation and uses his sarcastic humor to point out the current reality. WATCH:

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A member of the EU Parliament from the Netherlands, Dutch PM Rob Roos questioned the leading representative from Pfizer during an EU hearing.  Mr. Roos asked Pfizer if the mRNA vaccine was ever tested to see if it blocked transmission of the virus.  Ms J Small responded to the question by saying no, the vaccine was never tested to see if it blocked transmission. {Direct Rumble Link}

The question is important because it cuts to the heart of the issue surrounding the vaccine passport and various rules and regulations that were implemented against unvaccinated people.  Pfizer admitted the vaccine was never tested to block transmission, ergo the premise of the vaccine passport was built on a lie.  Both vaccinated and unvaccinated people could carry and shed the SARS-CoV-2 virus regardless of vaccinated status.   WATCH:

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People need to pay for this.  Somewhere, somehow, eventually the politicians need to be held to account for the ridiculous dual class system they manufactured under the guise of nonexistent science.   It was all a lie.

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In a statement today from the White House, Joe Biden has pledged “to continue providing Ukraine with the support needed to defend itself, including advanced air defense systems.” [link]  The statement comes as a result of a phone call between Biden and Ukraine President Volodymyr Zelenskyy.

Two days ago, a bridge between Russia and Crimea was bombed by Ukraine causing a section of the bridge to collapse.  Yesterday, Vladimir Putin retaliated with missile strikes against several cities in Ukraine and key infrastructure for energy.

The U.S. State Dept and CIA are continuing to lead and coordinate the Ukraine war effort with U.S. personnel in place to organize operations. [link]

Like the bombing of the Nordstream pipeline, it is highly likely the Kerch Strait bridge targeting was planned by Ukraine and the United States.  However, we are not permitted to speak about these coordinated efforts. The bottom line is the U.S. Biden administration going further toward direct engagement with Russia via the proxy state of Ukraine.

KYIV, Ukraine — President Vladimir V. Putin unleashed a far-reaching series of missile strikes against cities across Ukraine on Monday, hitting the heart of Kyiv and other areas far from the front line, in the broadest assault against civilians since the early days of Russia’s invasion.

Mr. Putin said the strikes on almost a dozen cities were retaliation for a blast that destroyed sections of a bridge linking Russia to the Crimean Peninsula, though they also seemed intended to appease hard-liners in Russia who had been openly critical over the prosecution of the war.

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Tucker Carlson accurately outlined the most likely suspect of the sabotage against Russia’s Nord Stream I and II pipeline today.  When you consider the media blitz by Joe Biden’s National Security Advisor, Jake Sullivan, last weekend (ABC, CNN, NBC and CBS); specifically pointing out the U.S. position against Russia; it is almost a certainty that U.S. action was behind the underwater detonation of explosives to take out Nord Stream pipeline system.  WATCH:

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GREAT NEWS – Looks like the Italians have decided to Make Italy Great Again and voted overwhelmingly to support Giorgia Meloni and the nationalist coalition.  With an anticipated 45% of the exit polls, this outcome will almost certainly make Giorgia Meloni the first female prime minister in Italy.

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Appearing on CBS Face the Nation today, National Security Advisor Jake Sullivan proudly boasted of the $15 billion in weapons the U.S. has shipped into Ukraine, while restating the official position of the Biden administration that the U.S. will never permit Russia to hold the eastern part of our proxy state.

Ukraine is to the United States as North Korea is to China. WATCH:

[Transcript] – MARGARET BRENNAN: We turn now to White House National Security Adviser Jake Sullivan. Good morning to you, Jake. Thank you for joining us.

NATIONAL SECURITY ADVISOR JAKE SULLIVAN: Thanks for having me.

MARGARET BRENNAN: President Zelenskyy told us that if this annexation happens, it will make diplomatic talks with Vladimir Putin impossible. They need artillery in Ukraine, he says, more air defense systems and tanks. Will they get it? And how significant of an escalation is this?

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It took an extra 12-hrs before the powers that be permitted the full video of Neil Oliver’s remarks from this week to be presented for replay (yesterday only a 4-minute segment was available).  However, that said, Mr Oliver speaks for many people when he outlines the nature of the political turmoil between the ‘elites’ and those they consider the ‘proles.’  WATCH:

[Transcript] – Those who speak out are shouted down until they are proved right. Again and again, and again we are made to watch, or to endure the crude, bullying tactics of the school playground. Reasoned debate and argument have long since gone over the hill into history. Now it’s just one long slanging match, in which the loudest, angriest and most effectively insulting voices seek to win by volume alone, so often echoed by mainstream media who hold reasoned voices in contempt … apparently preferring to ridicule and diminish rather than provide courteous space for those who merely have questions in need of answers.

Again and again, those shouted down are, however, revealed as having been right all along.

Those who spoke out against lockdowns were shouted down until they were proved right about irreparable harm done, the harms that confront us now in every aspect of our lives.

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