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December 13, 2021
Manufactured Economic Carnage Is Crashing Down Upon America As The Biden Regime Pushes Us Towards Another World War And The Dutiful Paid Actors Parrot Their Assigned Deceitful Lines
We recently covered how the MSM uses pre-written scripts, and as their mouth puppets dribble them out, they all sound exactly the same. Tucker Carlson had a great segment on just this when he talked about inflation the other night, as seen in the First Video at the bottom of this article.
JEN PSAKI MAY 25: Our economists have conveyed that they feel that the impact of our proposals will be transitory.
JENNIFER GRANHOLM NOVEMBER 7: All of the economists that the president has been relying on suggest there is a transitory nature to the inflation problem
BIDEN JULY 19: Economists call all these things transitory effects.
MAXINE WATTERS NOVEMBER 28: This inflation that we’re experiencing is transitory. It is not going to be here for long.
JANET YELLEN JUNE 14: We’ve had several months of high inflation that most economists including me believe will be transitory.
JEROME POWELL MARCH 24: We don’t expect that that upward pressure will produce substantially higher prices or that the effects will be persistent, we expect that they will be transitory or temporary.
Our favorite source for word definitions seems to be Mirriam-Webster, so let’s use them for this one –
Consider what they are really saying; it is NOT that inflation will be reversed; only that it will subside or lesson its rate. Reversing it would be called Deflation, and is described by Merriam-Webster as;
2: a contraction in the volume of available money or credit that results in a general decline in prices
Deflation occurs during recessions as it is considered an adverse economic reaction and causes many detrimental effects on an economy such as higher unemployment, increases in interest rates that cause people to defer spending except for essentials like food and shelter, and it can lead to a downward spiral chain reaction that can kill an economy just as fast as an out of control inflation rate can. A dead economy equals a dead government historically as the people rise up to put an end to their miseries; or at least they try to.
Take note of the bolded portion of deflation definition # 2, it will be explained later on. Deflation is widely regarded as an economic problem that can intensify a recession or lead to a deflationary spiral. Stagflation is a favorite cry about the Jimmy “Peanuts” Carter fiasco, and it may be better understood when compared to Inflation. “Inflation is a term used by economists to define broad increases in prices. Inflation is the rate at which the price of goods and services in an economy increases. Inflation can also be defined as the rate at which purchasing power declines” whereas “Stagflation is a term used by economists to define an economy that has inflation, a slow or stagnant economic growth rate, and a relatively high unemployment rate. Economic policymakers across the globe try to avoid stagflation at all costs.”
So perhaps inflation may be “transitory” in that it would not continue to increase, although it is more likely that it will inflate ever faster unless the Fed or Congress can keep the massive spending under some form of control. One of the major “benefits” of inflation is that it hides increases in government spending. A multi-billion dollar deficit counted over an extended yearly payout with inflation included means that the deficit is comparatively much cheaper in dollars at the end of that period than they were in the beginning creating the illusion that it was not that large of a spending bill to begin with. It occurs to me that perhaps this is the reasoning behind the absurd lie that the current spending bills are considered “paid for” as they expect inflation to careen out of control to make the tens or hundreds of trillions in debt seem like nothing. We can expect $500,000 Snickers candy bars at a rate that might reduce the total debt enough to make it seem like it is just a small thing. That is deceit in the extreme, but it has been used since the beginning of organized financial affairs of nations and out of control it results in Hyperinflation which is the destroyer of so many nations and the INTENDED cause of many wars.
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How is the inflation rate determined? Depends on which inflation rate you want; some sort of overall rate, some sort of average household rate or geographical portion of the nation, rate in any given sector of the economy or any given product or service, the cost of money, observed versus actual (again in what specific definition), or other rate? The generally accepted one is the changes to the CPI, the Consumer Price Index, which in itself has many versions of numbers with the “normally” quoted one or the standard one being the BLS (Bureau of labor Statistics) CPI-U, which means the Urban version for those numbers. Those items contained in it are changed often as they conduct some sort of survey that considers what was actually being purchased by those in the surveys, so it may not fit your situation. For example, a farmer that grows most of his own food including a cow to milk and chickens for the eggs and meat, will not have anywhere near the inflation worries as an urban apartment dweller that can produce almost nothing and is therefore far more under the constraints of his income and availabilities of those products. City dwellers also need not worry about the price to fuel their tractors except for the increases in food costs that produces. This also means that comparing the CPI or inflation rate from one year to the next is not a direct comparison, and from decade to decade is a far worse one because they are NOT BASED ON THE SAME ITEMS. The Joey Brandon inflation numbers show an increasing rate that is considered the worst in 4 decades and it is not even the real rate.
In the United States, the unadjusted Consumer Price Index for All Urban Consumers is based on the prices of a market basket of: food (14 percent of total weight), energy (9.3 percent), commodities less food and energy commodities (19.4 percent) and services less energy services (57.3 percent). The last category is divided by: shelter (32.1 percent), medical care services (5.8 percent) and transportation services (5.5 percent).
Using the SAME items that were in the 2011 index shows a current CPI-U would be over 10% rate of inflation, not the 6.8% that is being quoted – apples to oranges. I strongly suspect underhanded manipulation in those numbers in addition to the changes that make them unreliable to base the real rate on. If you haven’t watched the first video yet, perhaps you might want to in order to understand that even the 10% rate is way below what the real life numbers you and I are subjected to.
“Imagine a world in which I was legally allowed to steal 13–30% of your wealth every single year, and lie to you about how much I’m stealing. Welcome to Planet Earth, 2021” is how Strange Sounds put it last July and included these numbers from way back when things were not as expensive as they are now.
“Gas is up 56% since last year.
Used cars are up 30%. Insurance? 17%.
Laundry? 26%.
Predators like Uber and Lyft? 11%.
Restaurants? 4%.
Pampers and Tampax? Going up 5–9% in September.
But don’t worry, the Fed’s target inflation is just… wait for it… “2%.””
For a comparison of what officially is considered the changes in what goes into the CPI for the purpose of calculating the inflation rate, visit the Bureau of Labor Statistics page that covers just that here.
As I said, government spending DIRECTLY affects the price of money and therefore inflation. Take a look at this graph to see what the Brandon regime is doing to our money supply;
The Kenyan also had a large spike, but look at the one from the babbling dunderhead and its evil NWO regime. Inflation will follow suit if we last long enough to see it or do not self destroy before we get there.
Then again, considering the vast difference between the 1% and the 99% incomes or wealth groups, we can see that “Who cares if a nation has a GDP of $22 trillion if most of it goes to the top? Who cares if America’s GDP per capita is $68,309 when the average citizen earns half that amount? It’s like saying me and Jeff Bezos have an average net worth of $95 billion. We need personalized inflation numbers.”
And that is an annual rate, not a cumulative one. The CPI is a real scam to hide their doings!
So what is the real inflation rate? I do not know, but it is somewhere between 3 and 5 times what is admitted, something like between 12 and 30+% depending on who you are and where and how you live. They lie, they are deceptive.
So, why do they lie about it? One major reason is because of all of their spending programs that are based on it. For instance, Social Security, government payrolls, insurance programs, pensions of government retirees as well as those of the military and civilians, and so much more. Also consider the pay scale increases that are based on an inflation index, which is most of them. Real incomes continue to fall when reality is used as that index and it also makes the markets appear as if they are doing much better than they actually are. Larry Kudlow talked with Sean Hannity about what is causing this inflation not too long ago, and the Second Video below is that interview. The PRIMARY reason is government spending which directly fuels rising prices because money is worth less when it is diluted by fake new money printed at whim. Just like watering down you beer and pretending it is still the same thing, then watering it down some more, and then some more, and wondering why it is so weak tasting.
So, what do so many of the experts say is to blame for the control of inflation? Why, “…it’s the Fed, stupid”. American Thinker had an interesting column on just that and said “The culprit behind our current inflationary crisis is manifest. The main culprit is the Federal Reserve and its extreme monetary response to the COVID pandemic.
Since the pandemic, the US money supply has increased by a whopping 37%. M2 (the most common measure of the money supply) was $15.5 trillion at the beginning of March 2020. By November 2021, a mere twenty months later, M2 exceeded $21 trillion.
This is the most rapid acceleration in the money supply since World War II.”
They have the graph below that shows the increase in the M2 money supply number since 1980, and note the near vertical increase since 2020 when the “Build Back Better” agenda 2030 scam began its unrelenting course to destroy this nation. Yes, it was being implemented BEFORE the bumbling idiot infested the Peoples White House; it is all pre-planned and the Fed knew what to do beforehand as Federal Reserve Chairman Jerome Powell used an insane amount of quantitative easing with the Fed’s total assets more than doubling since the phony Covid SCAMdemic was sprung on the world.
All of these treasuries and securities were purchased with “newly created (out of thin air) dollars” as can be seen in the net graph showing the total assets of the Fed. Note that a similar though smaller spike initiated when the Kenyan was installed as dictator and the then Fed Chairman Ben Bernanke went on a massive quantitative easing program. “Before the 2008 financial crisis, excess reserve balances were negligible -- on average, some $20 billion at any one time. By the end of 2009 there were over $1 trillion (one thousand billion) in excess reserve balances, and when Bernanke left the Fed in January 2014 the number was $2.5 trillion”
“despite Bernanke’s drastic rounds of QE between 2008 and 2014, M2 never increased at anywhere near the pace that we have witnessed in the last two years. M2 was $7.8 trillion at the beginning of October 2008. By the end of Bernanke’s term in January 2014, M2 was $11 trillion. In over five years’ time, the money supply increased 42%.
Powell’s Fed, since March 2020, has superintended a 37% increase in M2 -- in only a third of the time that it took Bernanke’s Fed to witness similar growth. Bernanke never struggled with significant inflation; Powell is staring down the worst inflation in more than a generation.”
Why? That is covered in the article, but the bottom line is because “M2 has risen a lot faster under Powell than it ever did under Bernanke”. They then discuss how Powell got himself in such a predicament. “Though the Dow is at an all-time high and the official rate of unemployment rate remains low, economic growth has been sluggish. The economy grew at an annualized pace of only 2% in the third quarter, far below expectations. If the Fed raises interest rates -- even if only a little -- it would undoubtedly risk bringing the economy into recession. However, to bring inflation under control, the Fed must raise rates in 2022, and the rate hike must be far more than a quarter of a percent here or there.”
No matter what happens, it is a total disaster for the Brandon regime.
Also note that the official rate of unemployment is only a fraction of the real rate because of changes in who and why some are counted as unemployed and others are not. Those unemployed numbers are totally fake, they resemble nothing of the actual situation.
Worldwide, the Central Bankers are in a real tight spot and getting tighter. The forces that kept global rates and inflation low may force fiscal tightening to cool their economies, and large tax increases around the world are appearing to be implemented. And a slower Chinese economy with a property market slowdown may affect the world economy negatively. Plus the fact that the Illuminati Satanists want the fake pandemic intensified or even replaced with an actually serious one like a modified Small Pox epidemic and we see the world going where it has historically gone to ease such problems. War – World War.
This is going to be very painful at best, the party is over.
Tucker Carlson “This is impossible to ignore”
Kudlow reveals what is fueling inflation
10 things that happen when an economy collapses
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