We obviously have high inflation right now. They always lie about inflation rates and they alter the CPI calculations to make it look more favorable (to the FED). Well, now for the first time in my life they are admitting inflation is high, which means it's really high and likely to go higher.
The inflation is real one way or another. Inflation, is a function of the money supply, and with less productivity or goods, on top of intentional supply chain problems caused by covid measures, we’re going to see the quantitative easing bubble pop. Perfect opportunity to roll out UBI through a central bank digital currency, tied to your digital ID. The question is when are they going to pull that technocratic trigger?
that isn’t necessarily true when so much of the money supply is being hoarded/not in circulation at all/hasn’t been for a great deal of time. the standard “money printer go brrrrrrrrrrrrrr” argument doesn’t seem to account for the fact that we wouldn’t fucking need huge cash infusions if off shore banking and money laundering/tax sheltering 101 hadn’t become business as usual decades ago. i agree that SOME inflation is inevitable in this current crisis ;), but shit was gonna hit the fan either way. you can’t take all the fucking chips off the board any more than you can just print them out of your ass with reckless abandon. both styles of economics are ultra destructive. you seem to be failing to account for the fact that these are opposing paradigms at war with each other.
You forgot supply of goods as part of that equation. As manufactured shortages in all aspects of life continues, you will see prices continue to increase as you currently see. True inflation is upwards over +13% year over year. You see that in food, shipping costs, technology like VFDs, commodities, etc all with longer lead times...Frankly, I think they’ve been downplaying the scare tactics because there’s nothing the Fed can do bar an economic collapse in the US. All in all, our purchasing power has decreased and will continue to decrease putting those who were able to store wealth at an advantage. I suppose they’re waiting for a catalyst or scapegoat to pin the problem on instead of the money printing and manufactured shortages. They won’t waste the opportunity with a great reset if we let them.
I do think they are paying farmers to plow-over their crops. I've seen two combines out mowing down soy/corn and shooting it straight onto the ground. It could also be however that these fields didn't do well or something; we had very little rain around here this summer.
Apparently this isn't really an uncommon thing; to keep prices up, they pay farmers to waste excess food. It's incredibly fucking retarded either way.
they do that every year. ppl grow way too much corn. it’s a circus. there is big money in destroying shit cuz corruption. they aren’t trying to starve ppl by destroying a buncha shit nobody can possibly use.
Massive inflation first due to Covid shortages and now due to artificial restrictions, getting people used to making do with less for the great reset. Helps stop resistance when introduced slowly.
Things cost more, and you get less with companies giving you smaller packages for the same price.
Here's the thing, we have almost 6% "official" inflation numbers since last year (likely higher) but interest rates are at 3% or less for home loans and the FED official rate. Your savings account gives you 2% I bet.
This is a tax on savings....whether on purpose or on accident. If the interest rate goes up, then the Federal Government if fucked because interest payments on the ginormous national debt eats up government expenditures, unless they raise taxes.
You have to put your money someplace where you get at least 6% interest.
I remember when it was a conspiracy that the real inflation numbers were being rigged to only show a 3% inflation number, so they wouldn't have to start paying a costly COLA to social security recipients, and to keep interest costs down for the endless debt the US government is issuing.
We obviously have high inflation right now. They always lie about inflation rates and they alter the CPI calculations to make it look more favorable (to the FED). Well, now for the first time in my life they are admitting inflation is high, which means it's really high and likely to go higher.
The inflation is real one way or another. Inflation, is a function of the money supply, and with less productivity or goods, on top of intentional supply chain problems caused by covid measures, we’re going to see the quantitative easing bubble pop. Perfect opportunity to roll out UBI through a central bank digital currency, tied to your digital ID. The question is when are they going to pull that technocratic trigger?
that isn’t necessarily true when so much of the money supply is being hoarded/not in circulation at all/hasn’t been for a great deal of time. the standard “money printer go brrrrrrrrrrrrrr” argument doesn’t seem to account for the fact that we wouldn’t fucking need huge cash infusions if off shore banking and money laundering/tax sheltering 101 hadn’t become business as usual decades ago. i agree that SOME inflation is inevitable in this current crisis ;), but shit was gonna hit the fan either way. you can’t take all the fucking chips off the board any more than you can just print them out of your ass with reckless abandon. both styles of economics are ultra destructive. you seem to be failing to account for the fact that these are opposing paradigms at war with each other.
chicken meet egg.
You forgot supply of goods as part of that equation. As manufactured shortages in all aspects of life continues, you will see prices continue to increase as you currently see. True inflation is upwards over +13% year over year. You see that in food, shipping costs, technology like VFDs, commodities, etc all with longer lead times...Frankly, I think they’ve been downplaying the scare tactics because there’s nothing the Fed can do bar an economic collapse in the US. All in all, our purchasing power has decreased and will continue to decrease putting those who were able to store wealth at an advantage. I suppose they’re waiting for a catalyst or scapegoat to pin the problem on instead of the money printing and manufactured shortages. They won’t waste the opportunity with a great reset if we let them.
I do think they are paying farmers to plow-over their crops. I've seen two combines out mowing down soy/corn and shooting it straight onto the ground. It could also be however that these fields didn't do well or something; we had very little rain around here this summer.
Apparently this isn't really an uncommon thing; to keep prices up, they pay farmers to waste excess food. It's incredibly fucking retarded either way.
That’s the magic behind Babylonian Money Magic.
Money itself ruins everything. We are supposed to simply use teamwork to feed the world without Gov intervention.
if there were a barter system based on units in time.
currently 'time' units don't show up on irs forms.
they do that every year. ppl grow way too much corn. it’s a circus. there is big money in destroying shit cuz corruption. they aren’t trying to starve ppl by destroying a buncha shit nobody can possibly use.
it’s stupid AF, but it’s by no means new.
Of course it’s manufactured.
"You will own nothing and you will like it."
Massive inflation first due to Covid shortages and now due to artificial restrictions, getting people used to making do with less for the great reset. Helps stop resistance when introduced slowly.
Things cost more, and you get less with companies giving you smaller packages for the same price.
Here's the thing, we have almost 6% "official" inflation numbers since last year (likely higher) but interest rates are at 3% or less for home loans and the FED official rate. Your savings account gives you 2% I bet.
This is a tax on savings....whether on purpose or on accident. If the interest rate goes up, then the Federal Government if fucked because interest payments on the ginormous national debt eats up government expenditures, unless they raise taxes.
You have to put your money someplace where you get at least 6% interest.
I remember when it was a conspiracy that the real inflation numbers were being rigged to only show a 3% inflation number, so they wouldn't have to start paying a costly COLA to social security recipients, and to keep interest costs down for the endless debt the US government is issuing.