posted ago by LightBringerFlex ago by LightBringerFlex +5 / -0

They claim inflation but that is only part of the story.

Rabbi Finklestein from the Synogogue of Satan says that they control most of the resources which they sell to manufacturers to manufacture products. They hoard oceans of these resources and release only a little bit to the public at very higher prices (ie oil prices).

They also printed 5x the amount of money the US had ever printed and gave most of it to the Corporations and $1600 to regular families during Covid. This created a massive tilt to Corporate profits. They also forced ma and pa businesses to partially shut down making corporaitons even richer.

Now with all that money, the Corporations aren't worried about slow sales. They don't need to drop prices. They just keep prices high and if they lose money, they are ok because they have so much in their vault.

One example is that the average diamond should cost like $20 but they sell them for $1000 or more. This is because the main bulk of diamonds are hidden from society making it seem like there aren't many diamonds in circulation.

Source:

Profit Inflation Is Real (INET Economics): https://www.ineteconomics.org/perspectives/blog/profit-inflation-is-real

Profits and price inflation are indeed linked (EPI): https://www.epi.org/blog/profits-and-price-inflation-are-indeed-linked/

COVID Relief Spending (USASpending.gov): https://www.usaspending.gov/disaster/covid-19

Economic Impact Payments (U.S. Treasury): https://home.treasury.gov/policy-issues/coronavirus/assistance-for-american-families-and-workers/economic-impact-payments

Impact on US Small Business (Statista): https://www.statista.com/topics/7702/coronavirus-impact-on-small-business-in-the-us/

PNAS: Small Business Covid Impact Study: https://www.pnas.org/doi/10.1073/pnas.2006991117

SSRN—Hoarding, Stockouts, and Commodity Futures Prices: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5027946

Federal Laws on Price Fixing in Commodity Markets: https://federal-criminal.com/white-collar/understanding-federal-laws-on-price-fixing-in-commodity-markets/

Resource Scarcity—SWP Berlin: https://www.swp-berlin.org/publications/products/research_papers/2011_RP02_lag_mdn_rsv_ks.pdf

Diamonds Aren’t Forever: The Story of De Beers (Sahil Bloom): https://sahilbloom.substack.com/p/diamonds-arent-forever-the-story

How De Beers Shaped and Still Controls the Diamond Market (Susan Blake Jewelry): https://www.susanblakejewelry.com/blogs/blog/how-de-beers-shaped-and-still-controls-the-diamond-market

Price Fixing | Federal Trade Commission: https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/dealings-competitors/price-fixing

Corporate Shutdowns in the Time of Covid-19 (ScienceDirect): https://www.sciencedirect.com/science/article/pii/S0929119925000343

Covid Money Tracker: https://www.covidmoneytracker.org