Yes, inflation is global; mostly.  That’s because all of the western governments and their central banks followed the exact same pandemic lockdown & spending instructions from the World Economic Forum.

The plan -as outlined publicly, was for government leaders to lockdown the economic activity (supply side), then spend to subsidize and fill the losses in economic activity (demand side), then reopen the economies using the Build Back Better agenda as a reset moving the underlying energy economy away from fossil fuels.

This was the collective plan, and they all followed the exact same playbook.  This is the origin of inflation.  The BBB plan disrupted the supply side, then triggered a reopening of the demand side while the supply remained scarce.  Simultaneous to the reopening, all former energy development processes were no longer supported by investment or policy.

In the aftermath, the energy sector was fractured and combined with higher costs for the production of all goods, that’s what is continuing this upward inflation spiral.

CANADA – Canada’s annual inflation rate accelerated to 7.7% in May, the highest since January 1983, on gasoline prices, as well as services like hotels and restaurants, Statistics Canada said on Wednesday.  Analysts polled by Reuters had expected the annual rate to rise to 7.4% in May from 6.8% in April. (read more)

U.K. – Soaring food prices pushed British consumer price inflation to a 40-year high of 9.1% last month, the highest rate out of the Group of Seven countries and one which underlines the severity of the country’s cost-of-living crunch.

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Treasury Secretary Janet Yellen has more financial and analytical resources at her fingertips than thousand hedge funds combined. When Secretary Yellen claims today that she “got it wrong” about inflation, what she is doing is continuing the game of pretending; she’s positioning the administration as incompetent, not deliberate.

The illusion of incompetence plays into the scheme of hiding the fact the administration is working through a purposeful strategy. In the game of pretending; and under the current circumstances; it is better to be seen as incompetent than recognized as working with malicious intent.  This is the illusion behind Joe Biden’s usefulness.

This is also the organized pretending game within DC that too few people will accept or admit. The Treasury Secretary and Federal Reserve Chairman are not making mistakes, they are working on a specific agenda and economic plan. Federal Reserve Chairman Jerome Powell was not late to raise interest rates, he waited on purpose. He waited for the political reason of waiting until the triggered 2021 inflation spike cycled through the full calendar year.

These are not monetary policy leaders making monetary policy mistakes. These are monetary policy political ideologues, carrying out a political agenda within the U.S. economy. This is part of what National Economic Council Chairman Brian Deese would call the “economic transition.” WATCH this through the correct prism:

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Joe Biden sought counsel today from New Zealand Prime Minister Jacinda Ardern about how best to remove firearms from Americans and force the U.S. economy to a dependency on renewable energy.   Prime Minister Ardern took the top spot in the global progressive movement after the retirement of German Chancellor Angela Merkel.

PM Ardern, a remarkable smiley-faced fascist, now represents the face of modern global leftism and boned-up her progressive bona fides with the totalitarian New Zealand COVID policy.  The corporate fascists within the World Economic Forum love the government compliance model represented by Ardern to the collective global society they are creating.

New Zealand has a population of 5 million people, and a GDP of $205 billion (about the same as Nevada).  By comparison the U.S. has a population exceeding 350 million and a GDP exceeding $21 trillion. That said, during their White House meeting today, Joe Biden emphasized that he welcomes the assistance of PM Ardern in helping to guide U.S. efforts for firearm regulation and a comprehensive climate change driven renewable energy economy.

[Transcript] – […]  You understand that your leadership has taken on a critical role in this global stage — and it really has — galvanizing action on climate change; the global effort to curb violence, extremism, and online, like happened in Christchurch.

And — you know, we want to be — I want to work with you on that effort.  And I want to talk to you about what those conversations were like, if you’re willing.

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Anytime you hear the code-word “transition”, what the explainers mean is the change from traditional oil, gas and fossil fuels to renewable energy and the Green New Deal.  The phrase “economic transition” is used to explain the economic collapse of Main Street that will happen during the switch.   Remember THE GOAL?  It has never changed.

National Economic Council Director Brian Deese, aka the U.S. version of Baghdad Bob, appears before several audiences today in an effort to use as many words as possible to explain the “transition,” without actually explaining the “transition.”  Why?  Because they don’t want the average person to know what the “transition” is all about…. Because if the average person knew what this “transition” is all about, then they might realize all of these massive increases in price are being done intentionally.   WATCH:

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Again, you guys are going to get sick of me saying this…. BUT, the number one problem our country faces is that the vast majority of us are PRETENDING.

The White House is pretending the U.S. government does not have full control over what is happening in the economy.  The media are pretending not to know that the White House is avoiding admitting the agenda and economic pain is intentional and unavoidable.  The republican politicians are pretending the Biden economic transition program is because the White House is incompetent.  All of these -and so many more- are just pretenses.

What is being done by the government, in this decision to switch from an oil and gas economy into a wind and solar economy, is being done on purpose. Yes, everyone at every level of government, both political parties and every agency within it, and the entirety of the corporate media are pretending not to know this is the Green New Deal taking place.

We cannot confront or solve this stuff, until we -including media- stop pretending.  Brian Deese is Baghdad Bob.

I will not eat the bugs.

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It is important to remember the ultimate goal of the ‘climate change’ promotors (World Economic Forum) is not an energy system that changes the global climate. The goal of the ‘climate change’ group is to create a carbon trading system; a new financial mechanism (a global tax program) to control human activity on a world-wide basis.  This system also needs a digital identity in order to work {hint-hint}.

You cannot tax or trade things you cannot track.  As a result, there was always going to be a need for an individual tracking and monitoring system that would connect to the global digital identity and determine the carbon footprint.  The carbon taxing and trading system will be more financially lucrative than any stock exchange or monetary banking system.  It is the ultimate human control mechanism, and the preferred way to redistribute wealth under the guise of global equity.

Of course, the system will beta test as a consumer demand product until the government steps in to take over the allocation and distribution equity part.  In this video segment, Alibaba Group president J. Michael Evans boasts at the 2022 World Economic Forum about the development of an “individual carbon footprint tracker” to monitor what you buy, what you eat, and where/how you travel.  WATCH:

The individual carbon tracker is the baseline for a global carbon trading system that involves everyone; at least, everyone connected to the outlook of western government.

Carbon allocation creates the financial metric that replaces currency.  You buy and sell carbon credits allowing you to engage in specific functions within society, like dining, traveling, home ownership and type, vehicle or transportation type, even the clothes you can purchase. Hence, “carbon trading” is the term most people are familiar with.

In essence, you are a parasite to earth; therefore, you must offset your derogatory footprint on the planet by paying a fee to exist.  If you cannot pay for the carbon credits needed to engage in the transaction (travel, home ownership, cooling, heating, etc.) you cannot engage in the regulated activity.

The carbon exchange process is at the end of the slippery slope created by a digital identity.  The 5G telecommunications network is designed to use geolocation and behavioral tracking that will connect your digital identity to your individual behavior and facilitate the carbon footprint tracing process.   We are already passed the “if” stage.

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Australia has an eSafety Commissioner named Julie Inman-Grant.  While delivering remarks to the World Economic Forum summit in Davos, Switzerland, she outlined a new on-line era where free speech would need to be “recalibrated,” and the ability to be free from something called “on-line violence.”  WATCH:

https://youtu.be/ydW6wDMQHX8

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For the past several years we have noted a progressive, totalitarian, shift in speech, specifically a redefinition of the word “violence.”  Speech the leftists do not like, they call violence; and violence the leftists support, they call speech.   As a result, the overlay of a newly recalibrated on-line world for speech and violence would be modified accordingly.

Speech the Big Tech consortium would define as against their views would be considered on-line violence and thus controlled by the governmental guardians of the internet like the eSafety Commissioner.  As you can see in the video below, “violence” now includes their perception of something happening on a metaphysical level. An emotional impact.  They have a spiritual avatar that they feel the drive to defend from the viewpoints of the Others.

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BASELINE – Boil all international and geopolitical issues down to their common denominator and everything, E.V.E.R.Y.T.H.I.N.G., every issue, every discussion, every policy, every position, everything -all of it- circles around economics. Everything is secondary to the underlying economics of every single issue. Power or weakness, famine or war, peace or conflict, master or servant, culture or crisis, growth or collapse, the entirety of everything -including the foundation of freedom- centers around the economics.  There are trillions at stake.

In this interview Finland’s President Sauli Niinistö made some very interesting remarks when asked about his decision to reverse the long-established geopolitical position of Finland and join the “western alliance,” vis-a-vis NATO.

Listen carefully [01:44] when President Niinistö explains why.  Niinistö explains he did not, and does not, consider Russia a threat; however, “what we see now, Europe, the world, is more divided. There’s not very much room for ‘non-aligned,’ in-between. So that was also what we are thinking.”  WATCH:

In March of this year CTH noted, “this intentional global cleaving, using the opportunity created by the Ukraine crisis, is going to be the major story of this year.  This global splitting can be looked at in multiple ways, but the overarching story is the ramifications of two global trade relationships.”

Two world groupings.  One group, oil-based energy (traditional, grey on map below), and one group GREEN energy (the build back better plan, yellow on map).  It is not accidental these two groups hold similar internal geopolitical views and perspectives, hence, their alignment or lack thereof with the sanctions against Russia.

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Comrade dissidents, in his weekly monologue Neil Oliver draws attention to the World Health Organization (WHO) effort to assemble the Global Pandemic Response Treaty, a collective pact with the industrious mission to control the threat of human parasites.

As Oliver notes, the objective of the W.H.O. mission is to coordinate a whole-of-planet approach, by giving instructions to all governmental signatories for how to best manage the problematic behavior of free-range citizens.  People are the dangerous carbon they seek to mitigate.  WATCH:

[Transcript] – “Anyone remember voting for the World Health Organization to take control of our lives? No? Me, neither.  And yet here we are, teetering on the brink of joining most of the countries of the world in surrendering our national sovereignty under the terms of a proposed new pandemic treaty.

Once British ink is dry on the necessary paperwork, we and most of the rest of the billions living on planet earth will, in the event of another pandemic, take our instructions not from politicians we actually voted for – and could, hypothetically at least, have the option of getting rid of – but from the unelected, faceless, bureaucrats of the WHO.

This is no conspiracy theory, by the way. No tin hats required. This is real and happening now. And a whole lot of people would rather you weren’t paying attention.

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Comrades, in his weekly monologue Neil Oliver walks through the stages of mental exhaustion the corrupt globalists have created in order to retain power.  Looking at the landscape through the prism of George Orwell’s prescient warnings, Oliver ponders if the mirrored reality is actually their roadmap.

The Ministry of Abundance positioned to discharge the pending scarcity.  The Ministry of Peace now used to carry out wars without authority.  The Ministry of Truth purposefully created to retain lies…. and so it goes.  Indeed as the warning was predicted, even “to wear an improper expression on your face (to look incredulous when a victory was announced, for example) was itself a punishable offense. There was even a word for it in Newspeak, facecrime it was called.”

The Global Ministry of Nutrition now instructs us to enjoy the benefits of eating bugs, slugs and “lab-grown meat” amid rising costs of farming. The Ministry of Residential Equity promotes the benefits of tiny houses; shared space cubicles where owning nothing leads to increased happiness.  The Ministry of Education replaces academic endeavors with emotional learning.  Math replaced by pansexual dance lessons for the non-binary kindergarteners.   Smile Comrade, smile.  WATCH:

[Transcript] “Given all that’s happened, I might have expected overwhelming anger in the country by now, loud calls for answers and apologies. Promises that mistakes made in the recent past, liberties taken, would not be repeated in the future. Also maybe demands for change.

Many are the dissenting voices – I know because I hear them every day – but the silencing and ridiculing still goes on.

What I sense around me most of all now, however, is weariness. Council elections have been held up and down Great Britain and apart from anything else, I think we can agree that turnout was low.”

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As CTH has noted since last October the rapid increases in fertilizer costs could potentially create a major issue for global food supplies later this summer.  As the farming costs continue escalating, including fertilizer and diesel fuel prices, this will eventually lead to major price increases on the harvests.   Field to fork inflation is looking increasingly severe later this year; what we have called the third wave of inflation.

Beyond prices, a primary impact in the U.S. market, concerns are now escalating about grain shortages {SEE HERE} and lower European crop yields which will lead to less food products on a global basis.   According to information shared by ZeroHedge, “We think it will take at least 2-3 years to replenish global grains stocks,” Illinois-based CF Industries Holdings Inc.’s president and chief executive officer Tony Will said in a statement in Wednesday’s earnings report.”

Axios is reporting on the continued escalation of fertilizer prices; however, they conveniently and purposefully avoid noting the origin of the problem in North America is directly the result of Joe Biden’s immediate energy policies that drove up the costs of natural gas (a critical component):

AXIOS – “Skyrocketing fertilizer costs — like those made from nitrogen, phosphorus and potassium (NPK) — are driving up food prices and, worse, threatening food security around the globe.

State of play: Prices for NPK were up 125% in January from a year before, and rose another 17% from the beginning of the year to March, according to data compiled by the International Food Policy Research Institute (IFPRI).

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