Category: Inflation

Get Ready for $1 Per Egg: USDA Forecast Predicts Highest Food Inflation Since 1980

BY STACEY LENNOX

SEE: https://pjmedia.com/news-and-politics/stacey-lennox/2022/06/01/usda-forecast-predicts-highest-food-inflation-since-1980-get-ready-for-1-per-egg-n1602498;

republished below in full unedited for informational, educational & research purposes:

The topic of inflation is in the news nearly every day and is now the top concern among voters in most polls. Things are likely to get even worse.

Most Americans are familiar with the all-items Consumer Price Index (CPI). This metric is based on changes for all consumer goods and services. However, the U.S. Department of Agriculture (USDA) Economic Research Service measures the changes to retail food prices only. The agency’s May Food Price Outlook should add to voter concerns.

While the all-items CPI for April was 8.3%, food alone increased by 9.4%, according to the USDA. Food consumed at home also increased more than the price of food away from home. Grocery store and supermarket purchases rose 10.8% year over year in April. The USDA’s forecast for May predicts the cost of food will increase again and significantly by fall.

All of the crises the Biden administration created are converging and could cause food insecurity for the first time in the living memories of many Americans. Biden’s “Not in My Backyard” energy policy halted domestic fossil fuel production while he still begs some of the worst regimes in the world to drill more oil. That leads to higher fuel costs with or without Russian President Vladimir Putin’s invasion of Ukraine. And higher fuel costs impact farm operations and all forms of transportation.

Putin’s adventurism has caused fertilizer prices to skyrocket. Nearly all of the input costs of growing and harvesting the food and then getting it to the shelf in your store are rising the same way the price at the gas pump is.

Issues beyond the control of the administration are compounding the problems it has caused. For example, a highly pathogenic avian flu has affected approximately 38 million chickens. The price of eggs increased 10.3% in April. The UDSA predicts an increase between 19.5% and 20.5% year over year in 2022. That could mean $1.00 an egg. Poultry prices will rise as much as 9.5%.

Related: Update on Food Plants Blowing Up: More Explosions, More Stress on Domestic Food Supply

Fish and seafood are rising rapidly too. The prices in April were 11.9% over the same month in April of 2021. Dairy consumption is up, and prices followed the trend with a 2.4% increase in April alone. Predictions for both categories were revised upward to 7-8% for 2022. Other proteins are getting more expensive too:

Prices for other meats had the largest increase within the “meats” category—2.2 percent—in April 2022. In 2022, pork prices are predicted to increase between 6.0 and 7.0 percent and other meat prices are predicted to increase between 9.0 and 10.0 percent. The aggregate categories of meats, poultry, and fish are predicted to increase between 7.0 and 8.0 percent, and meats are predicted to increase between 6.5 and 7.5 percent in 2022.

The USDA report goes on to provide predicted 2022 price increases for several prepared and commodity food categories:

Following large price increases in January–April 2022, forecast ranges for fats and oils, fresh fruits, cereal and bakery products, nonalcoholic beverages, and other foods have been adjusted upward. In 2022 compared with 2021, fats and oil prices are predicted to increase between 10.0 and 11.0 percent in 2022; fresh fruit prices between 8.5 and 9.5 percent; cereal and bakery product prices between 7.0 and 8.0 percent; nonalcoholic beverage prices between 7.0 and 8.0 percent; and other food prices between 7.5 and 8.5 percent.

All of the predictions in the May report from the USDA are subject to upward revision. The current projections are the highest increases since the last year of the Carter administration. In 1980, the price of food increased by 8.59%. Since then, 2.95% is the average annual inflation for food. This year we see a similar rise for some types of food in a single month.

Perhaps that is why the Biden administration is desperately trying to deflect from the economy to other issues heading into the 2020 midterms. President Jimmy Carter only won five states as the incumbent who had presided over runaway inflation. Polls indicate President Biden’s unpopularity will significantly affect down-ballot races in the midterms. Comments like this from Biden do not help. He added food prices at the end of his remarks on fuel:

Americans are also not buying the Biden administration narrative that the price increases are Vladimir Putin’s fault. According to a new poll from the Convention of States Action in partnership with the Trafalgar Group, 60% of likely 2022 election voters believe President Biden’s policies and spending are the primary reason for rising inflation. This result includes 87.9% of Republican voters and 61.1% of independent voters.

These voters will be reminded of the rising costs and increasing shortages every time they go shopping. A significant majority also knows whom they blame for the problem. “Despite being told every day that Putin is responsible for virtually anything they’re not happy with–from inflation to baby formula to gas prices–a sizable majority of voters clearly believe it is President Biden and the Democrats, and not Moscow, who is responsible,” said Mark Meckler, president of Convention of States Action. “The failure of Biden’s Administration to take simple, common-sense steps to bring Americans relief is both cruel and indefensible.”

The USDA’s monthly report indicates it may feel more cruel and indefensible before voters cast their ballots in November.

 

With Inflation at Historic Highs, Biden Stoops to New Low in Blame Game

BY MATT MARGOLIS

SEE: https://pjmedia.com/news-and-politics/matt-margolis/2022/06/02/with-inflation-at-historic-highs-biden-stoops-to-new-low-in-blame-game-n1602663;

republished below in full unedited for informational, educational & research purposes:

Polls show that inflation has become the top issue for Americans, and as it hit historic highs, it’s been absolutely killing approval ratings for Joe Biden and the Democratic Party. In response, Biden has blamed COVID-19, Putin, Republicans, big oil — pretty much anyone whose name he can remember will get blamed for the 40-year-high inflation we’re experiencing.

However, Biden’s blame-everyone-else strategy hit a new low this week; The Washington Post reports that Biden is now blaming White House aides for the nation’s inflation woes.

“Biden has privately grumbled to top White House officials over the administration’s handling of inflation, expressing frustration over the past several months that aides were not doing enough to confront the problem directly,” the Post reported.

According to the report, Biden recently “complained to aides that they were not doing a good job explaining the causes of inflation and what the administration is doing about it.” A White House spokesman declined to say what exactly Biden told his aides to do about inflation — probably because he doesn’t have a clue what that would be.

Related: Biden Wants You to Know the Economy Is Super and if You Don’t Agree You’re a Moron

Earlier this week, Treasury Secretary Janet Yellen conceded that she and Biden dropped the ball on inflation, which they originally claimed would be transitory.

“Well, look, I think I was wrong then about the path that inflation would take. As I mentioned, there have been unanticipated and large shocks to the economy that have boosted energy and food prices and supply bottlenecks that have affected our economy badly that I didn’t — at the time didn’t fully understand,” Yellen told CNN. “But we recognize that now.”

In other words, Yellen admits she and Biden were wrong. Yet Biden has been blaming everyone but himself for the problem.

Somehow, that doesn’t inspire much confidence in the Biden administration.

GET READY: JPMorgan CEO Jamie Dimon says “economic hurricane” is about to make landfall across America

Image: GET READY: JPMorgan CEO Jamie Dimon says “economic hurricane” is about to make landfall across America

BY ETHAN HUFF

SEE: https://www.naturalnews.com/2022-06-02-jpmorgan-dimon-economic-hurricane-landfall-america.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) The head of one of America’s largest and most influential financial institutions is warning that things are about to get really ugly, economically speaking.

Jamie Dimon, the CEO of JPMorgan, just told a room full of analysts and investors that an “economic hurricane” is barreling straight towards the United States, and that his company is “bracing” for impact.

So-called “quantitative easing,” or QT, which is scheduled to begin this month, will ramp up to $95 billion a month in reduced bond holdings. There is also the ongoing war in Ukraine, which continues to drive up commodity prices.

Oil, Dimon warns, could hit $150 or even $175 a barrel. And food, as many of us well know, is becoming increasingly more expensive with each passing day.

“You’d better brace yourself,” Dimon warned his audience. “JPMorgan is bracing ourselves and we’re going to be very conservative with our balance sheet.”

“You know, I said there are storm clouds but I’m going to change it … it’s a hurricane,” he added, noting that while conditions might seem “fine” to some, there is no knowing for sure whether the coming hurricane is “a minor one or Superstorm Sandy.”

Central banks can no longer contain the runaway train

The end of the Federal Reserve’s cheap money era, as CNBC calls it, is rapidly coming to an end. This, among other factors, is said to be driving down stock prices in the tech sector.

Inflation is also hitting multi-decade highs, and this is on top of supply chain failures that really picked up during the Wuhan coronavirus (Covid-19) plandemic.

It is believed by many that the economy is now entering a recession – or perhaps a depression – of epic proportions. The writing is clearly on the wall flashing collapse in huge letters, in other words, and Dimon is speaking up about it.

“Right now, it’s kind of sunny, things are doing fine, everyone thinks the Fed can handle this,” Dimon explained. “That hurricane is right out there, down the road, coming our way.”

“We’ve never had QT like this, so you’re looking at something you could be writing history books on for 50 years,” he added, noting that several aspects of the Fed’s quantitative easing programs have clearly “backfired,” one of them being negative interest rates, which he called a “huge mistake.”

At the same time, Dimon says that central banks “don’t have a choice because there’s too much liquidity in the system.”

“They have to remove some of the liquidity to stop the speculation, reduce home prices and stuff like that.” (Related: Remember early last year when the Federal Reserve’s entire payment system crashed due to an “operational error?”)

The war in Ukraine is only exacerbating a problem that has been stewing for years, but it could be the straw that finally breaks the camel’s back – and more than likely this is all by design as part of the controlled demolition of the old world order, which is necessary in order to usher in a new world order.

“Wars go bad,” Dimon said. “[They] go south in unintended consequences. We’re not taking the proper actions to protect Europe from what’s going to happen to oil in the short run.”

Last week during an investor conference, Dimon said the “storm clouds” could be dissipating. A week later, his whole tune changed to indicate that he was wrong: the storm clouds appear to be bigger, darker, and more ominous than most people are prepared to encounter once they finally arrive.

One thing JPMorgan is doing to try to batten down the hatches is to move its clients from a lower-quality deposits called “non-operating deposits” to money markets, as one example. Will it be enough, is the question?

As the economic hurricane arrives, we will keep you informed about the latest at

Collapse.news.

Sources for this article include:

CNBC.com

NaturalNews.com

Brighteon: Who’s REALLY Responsible For Inflation & Food Crisis? (Hint: It’s Us)

The conventional wisdom in the western press is that inflation and the food crisis are caused by Russia, specifically Russia’s blockade of Ukrainian ports. But the truth is quite different and involves choices made by NATO and Ukraine, even if the corporate media in the United States will never tell you that.

Jimmy and his panel of The Dive’s Jackson Hinkle and American comedian Kurt Metzger discuss the REAL reasons for the food crisis and rising prices – or at least one of the big ones.

Monkeypox just the latest engineered distraction as controlled demolition of human civilization accelerates

Monkeypox, a Misdirection Play: Dr. Malone Provides Insight to the Latest Developments

Monkeypox, a Misdirection Play: Dr. Malone Provides Insight to the Latest Developments

Bannon: "What is Monkeypox?"

Dr. Malone: "Misdirection play."

"... they already have stockpiled vaccines for smallpox. What they bought is more smallpox vaccines... The name of the product is called JYNNEOS... It is marketed by Bavarian Nordic in you all you have to do is search for package insert JYNNEOS and you'll pull up the package insert for the product and they will find that this is absolutely not a benign product just as with the old Dr. X product, which is somewhat safer than that I had experienced with that and this product when I was working for DOD. This has as one of the leading rare serious adverse events. Wait for it. cardiotoxicity myocarditis."

Economic Collapse is a Real Threat, Monkeypox is Not

Ed Dowd gives a warning of economic collapse and I cover information that exposes the Monkeypox scam. Don't let the media, which lies about everything, win this information battle.

Video Sources:
1) Ed Dowd thinks they will try to do another shutdown to interpose the next election.
https://rumble.com/v15khwn-ed-dowd-the-four-converging-forces-that-will-destroy-the-economy.html

2) Ed Dowd and Steve Bannon talk about The Four Converging Forces That Will Destroy the Economy
https://rumble.com/v15khwn-ed-dowd-the-four-converging-forces-that-will-destroy-the-economy.html

3) Info wars on the truth about Monkeypox
https://archives.infowars.com/watch/?video=62881e725ee58b13dbc7daf7

BY MIKE ADAMS

SEE: https://www.naturalnews.com/2022-05-23-monkeypox-just-the-latest-engineered-distraction-controlled-demolition-human-civilization.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) Monkeypox, a very mild contagious disease that deserves no panic whatsoever, is reportedly spreading across the world among attendees of a gay pride gathering of 80,000 people in Gran Canaria.

As The Sun (UK) reports, “The Canaria Pride festival, held in the town of Maspalomas between May 5 and 15, has become a hotspot for the monkeypox outbreak, reports El País.”

It turns out that engaging in gay sex activities with thousands of strangers spreads disease. (Who knew?) Even the WHO now says monkeypox is spreading mainly through sexual contact among gay men.

Note that there isn’t a single corporate media outlet in the world that will admit such a fact. They cover up the filthy sexual habits and pretend that anal intercourse among multiple sex partners is perfectly normal, perhaps even preferred.

“Many known patients are gay men who were tested after going to STI clinics, the WHO said. Health chiefs warned gay and bisexual men to be on the lookout for new unexplained rashes,” adds The Sun. “Cases have now been detected in Israel, Norway, Australia, Portugal, Spain, Belgium, Germany, France, Netherlands, Sweden, Switzerland, the United States, and Canada.”

But monkeypox presents virtually zero risk to the world. The media hysteria surrounding the topic is just the latest effort to try to spread fear and panic in order to push — you guessed it — the inevitable monkeypox vaccine that will be forced onto everyone if they can conjure up enough panic.

Anyone dumb enough to fall for this latest “outbreak” hysteria is dumber than a monkey, of course. Among primates on planet Earth, human beings are the only species dumb enough to poison their food supply with pesticides, mass murder their own offspring with widespread abortions, and inject themselves with genetically altering experimental “vaccines” that cause infertility and death. Even rats aren’t stupid enough to engage in those practices… it takes an obedient human progressive to be that stupid.

Only 10 weeks of wheat supply left in the world

As Insider.com reports, a food expert named Sara Menker, testifying before the United Nations, warned that there are only 10 weeks of wheat supply remaining in the world. Importantly, she also recognizes that it’s not merely “Putin’s fault.” From that story:

Sara Menker, the CEO of agriculture analytics firm Gro Intelligence, told the UN Security Council that the Russia-Ukraine war was not the cause of a food security crisis but “simply added fuel to a fire that was long burning.”

“It is important to note that the lowest grain inventory levels the world has ever seen are now occurring while access to fertilizers is highly constrained,” she said. “And drought in wheat-growing regions around the world is the most extreme it’s been in over 20 years. Similar inventory concerns also apply to corn and other grains.”

So what happens after the “wheat wars” hit a critical point of collapse? Food riots, of course. Upheaval, civil unrest, and revolution around the world. The lack of affordable food will push every nation across the world toward the boiling point. Some of those nations will see violent revolts. Others will see their governments fall (as is happening right now in Sri Lanka).

Understand that the oblivious masses still have no clue the food supply is collapsing. They think that grocery stores in November and December will be fully stocked. Oblivious Europeans think heating energy will be widely available, too. (They are wrong.) The expectations of supply currently held by the oblivious masses are catastrophically inaccurate and subject to radical, painful corrections as reality kicks in.

The situation isn’t going to be pretty.

Listen to more details on all this — including my “Shock the Monkey Pox” song intro — in today’s Situation Update podcast:

Brighteon.com/6b8e4e30-f2bf-4de6-855f-0642d27f4f35

____________________________________________________________________

 

Joe Biden Is the Equivalent of 9/11 for the American Economy

BY ROBERT SPENCER

SEE: https://pjmedia.com/news-and-politics/robert-spencer/2022/05/20/joe-biden-is-the-equivalent-of-9-11-for-the-american-economy-n1599568;

republished below in full unedited for informational, educational & research purposes:

Joe Biden’s tumultuous year and a half of pretending to be president has seen the fall and rise of many things in the United States: gas prices, of course, are rising through the roof, along with prices on pretty much everything else. But for the stock market, it’s a different story altogether. Yahoo Finance reported Friday that U.S. stocks have just endured their longest losing streak since 2001; in other words, Joe Biden’s presidency has had an effect on the U.S. economy that is equivalent to 9/11.

This is not in any way to diminish the untold suffering that resulted from the attacks. Nearly 3,000 people were brutally murdered. There is no equivalent for that and no mitigation of its horror. The analogy between then and now is not in that but in the fact that the economy is suffering to a degree that we have not seen since the immediate aftermath of that terrible day.

According to Yahoo Finance, the major stock indexes were “heading for steep weekly losses as concerns over the resilience of corporate profits in the face of inflation resurged this week.” Luckily, Old Joe’s Commie pals threw us a lifeline: “the S&P 500 traded lower, erasing earlier gains after China’s central bank unexpectedly cut a benchmark interest rate to offer some relief to borrowers in the country still grappling with a widespread COVID-19 outbreak.”

Nonetheless, “the index dropped more than 1.5%, bringing it on an intraday basis lower by more than 20% from its recent record close from Jan. 3. If the losses hold through market close, the S&P 500 will have entered a bear market.” Well, of course, we will. That is as certain as Joe’s next teleprompter gaffe.

Meanwhile, the news from the other indexes was no better: “the Dow shed more than 400 points or 1.4%, and the Nasdaq dropped more than 2% during intraday trading. Treasury yields sank, with the yield on the benchmark 10-year note sinking to just above 2.8%, and U.S. crude oil prices edged up to more than $112 per barrel.” And this has been going on for a while: “the losses Friday for the major U.S. stock indexes extended a slide seen earlier this week. As of Thursday’s close, the S&P 500 was on track for a weekly loss of 5.4% — its biggest since January. And the index was also on track to post a seventh straight weekly loss or its longest losing streak since 2001. The Dow and Nasdaq paced toward weekly losses of 5% and 6.2%, respectively.”

The longest losing streak since 2001. What happened in 2001 that made stocks take a nosedive? According to CNN Money, that fateful year “began with a bang. The Nasdaq surged a record 14.17 percent on the second trading day of 2001 after the Federal Reserve surprised investors with a half-percentage point rate cut. That was the first of 11 attempts by central bankers to revive consumer and business spending. Stocks continued to rise in January only to tumble by April. They gained sharply through May before gradually declining through summer.”

But then came 9/11, and suddenly the economic picture was drastically different: “the Dow industrials fell more than 1,300 points in the first week after the markets reopened following the terror attacks, its worst week since the Great Depression. By Sept. 21, the major indexes had fallen to three-year lows. But less than 10 weeks later, the major indexes erased their post-Sept. 11 losses, vindicating investors who called for patriotic buying after the attack.”

Related: Key Bond Market Recession Indicator Flashing Red

Will the American economy similarly rebound now? It could, but there is no chance of such a recovery while Joe Biden and his henchmen have their knees on our collective economic windpipe. It is the Biden administration’s profligate spending, an uncontrolled increase of the money supply, and relentless commitment to green fantasies and socialist internationalism that have gotten us in this fix, and there is no end in sight.

Could the stock market recover? Sure, if Biden suddenly became an America-First president and focused on relieving the plight of the American people rather than the Ukrainian people and if he abandoned his schemes to destroy the economy chasing more green delusions and worked to restore the energy independence the nation had achieved during the Trump administration. But that’s about as likely as Old Joe reading a message off his teleprompter without saying something silly and/or incoherent.

The next milestone will be when the stock downturn becomes the worst since the Great Depression. Watch for that one soon. And then what will we see in America? Breadlines? Hoovervilles? Food riots? In Joe Biden’s America, during the presidency that Nancy Pelosi gushed was “perfect,” all this and more is in the offing. Old Joe Biden’s presidency will long be remembered for its many milestones, and wrecking the strongest economy on the planet will stand as one of the foremost.

Steve Bannon warns “the system is collapsing” – global supply chains are cratering and it’s NOT just temporary

Image: Steve Bannon warns “the system is collapsing” – global supply chains are cratering and it’s NOT just temporary

BY ETHAN HUFF

SEE: https://www.naturalnews.com/2022-05-19-steve-bannon-system-collapsing-supply-chains-cratering.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) The battered ship known as the United States of America is sinking, and so is the rest of the world.

Thanks to globalization, Mystery Babylon’s tentacles are now everywhere. And as that system collapses into its own footprint to make way for the New World Order, so goes every country and system tied into it.

In a recent episode of his “War Room” program, Steve Bannon of Real America’s Voice laid out how and why “the system is collapsing.”

“This is a collapse of a complex system,” Bannon explained, revealing how each piece of the puzzle – or each card stacked in the house, to use another analogy – is falling right on schedule.

Everything from the Wuhan coronavirus (Covid-19) plandemic to the war in Ukraine seems to have been contrived for this very purpose: to collapse the global economy on purpose.

“The baby formula, the diesel gas, India just declared they’re not going to ship any wheat out of India, Sri Lanka is absolutely burning to the ground due to food shortage – back in the 1930s, this was called ‘Beggar Thy Neighbor,'” Bannon further explained.

You can watch a roughly 15-minute video clip of Bannon speaking about this and other issues at CitizenFreePress.com.

There’s no way to stop prophecy from being fulfilled

Governments and their corporate-controlled media mouthpieces would have us all believe that the continued breakdown of the supply chain coupled with massive inflation has to do with protectionism.

Bannon, however, says that none of this is about protectionism. It is about pulling the rug out from underneath the current world order to topple it straight into the ground – a controlled demolition if you will.

“They hope that stuff comes at you so quickly that you lose it,” Bannon said, offering his own optimistic opinion about the future.

“In the fog of war, we’re going to look through this, understand what’s going on, not panic at all whatsoever, and make sure that we enforce policies,” he added about how conservatives are supposedly going to rise up to help a phoenix rise from the ashes of all this.

This writer is not as optimistic. For one, all of this was prophesied long ago and is now coming to pass exactly as the Bible said it would. Secondly, there is no chance of turning things around by voting if elections are completely fraudulent, as we now know they are.

The collapse of the food supply is perhaps the biggest indicator that we have crossed the Rubicon. There will be no going back or fixing anything once grocery stores run empty with no more trucks coming to refill them.

There will be no bouncing back from there no longer being enough food for everyone, resulting in food riots.

“Before the export ban, India was expected to be one of the top-10 wheat exporters for the 2022-23 crop season,” tweeted author Javier Blas.

“Removing all (or part of) India’s expected wheat exports creates a massive hole in the global supply and demand. Wheat prices will rise further, and quickly #OATT.”

In the comment section at a story about Bannon’s statements, someone asked how it will ever be possible to “save America … since a revolution is illegal,” referring to the January 6, 2021, “insurrection” incident.

“How many Republicans are traitors to their own party and their constituents, why are Republicans not following the money of these traitors?” this same person asked.

Another wrote that the plan of the current administration, anyway, is to “bring down America by 1,000 cuts,” which is exactly what we are now witnessing at breakneck speed.

More related news coverage about these issues can be found at Collapse.news.

Sources for this article include:

CitizenFreePress.com

NaturalNews.com

Food inflation in the U.S. breaks 42-year record… and there’s no end in sight

BY ETHAN HUFF

SEE: https://www.naturalnews.com/2022-05-12-us-food-inflation-breaks-42-year-record.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) The Consumer Price Index (CPI) exceeded expectations, rising by 8.3 percent in April as food inflation broke a 42-year record.

Everything from meat to dairy to baby products and beyond is now up about 10.8 percent on average at grocery stores. And sadly, the situation is likely to get even worse in the coming weeks and months.

The following breakdown shows the percentage at which food prices are rising based on category:

• Ground beef: up 14.8 percent
• Steak: up 11.8 percent
• Bacon: up 17.7 percent
• Pork chops: up 14.0 percent
• Chicken: up 16.4 percent
• Fresh fish: up 13.0 percent
• Fresh whole milk: up 15.5 percent
• Coffee: up 13.5 percent
• Fresh fruit: up 8.3 percent
• Lettuce: up 12.7 percent
• Salad dressing: up 13.1 percent
• Soup: up 13.1 percent
• Baby food: up 13 percent
• Breakfast cereal: up 12.1 percent
• Bread: up 9.1 percent
• Biscuits and muffins: up 10.1 percent
• Lunchmeat: up 14.4 percent

Since last April, real average hourly earnings decreased by 2.6 percent

Dining out or grabbing takeaway is hardly any better. Fast-food prices are up about seven percent, on average, while full-service restaurant prices are up an astounding 87 percent. Even vending machine prices have risen by about 7.1 percent.

The official numbers suggest that inflation is still rising month by month, but now at a slower rate of increase compared to previous months. This is assuming the government is telling us the truth about inflation numbers.

Compared to March, prices went up another 0.3 percent in April, making it the 11th straight month that inflation has been above 5 percent.

In March, prices rose at an annual rate of 8.5 percent. Since September 2021, April is the first month that year-over-year inflation numbers were not higher than the month earlier, though they still exceeded expectations.

“Economists had forecast CPI to rise by 0.2 percent for the month and 8.1 percent compared with a year ago,” reported Breitbart News.

“Core CPI, which excludes food and energy, rose 0.6 percent, well above the 0.4 percent estimate. Compared with a year ago, core prices were up 6.2 percent, above the 6.0 percent expected.”

Meanwhile, average hourly earnings for all employees actually fell 0.1 percent from March to April, according to the U.S. Bureau of Labor Statistics. From April 2021 to April 2022, real average hourly earnings, seasonally adjusted, decreased by 2.6 percent.

Both the stock market and the cryptocurrency markets continue to tumble amid all the chaos. These high inflation numbers suggest that the Federal Reserve will need to raise interest rates at a much faster pace moving forward if there is any chance of prices stabilizing.

“Don’t forget that inflation is cumulative,” wrote someone at Breitbart. “8.3% today is ON TOP OF what it was a year ago. The annual % may decline a bit, but the overall % never declines.”

“And besides, 8.3% annually is a fake number. It’s about twice that, maybe more, as everybody knows.”

“A lot of inflation is hidden by the way the statistics are created,” explained another. “For example, the true cost of housing: if you have a fixed interest mortgage, your mortgage payment doesn’t increase, and when that is included in the mix of your other expenses, it apparently lowers your personal inflation.”

“In addition, people that would ordinarily be buying a house simply won’t buy, because they can’t afford to. So most of the housing cost inflation (which has to include the impact of skyrocketing mortgage rates) doesn’t hit the nationalized inflation rate.”

“The same is true of automobile costs, and there are many other examples. In some cases, it may not be a deliberate rigging of the statistics, but in others, it probably is,” this same commenter added about how the public is being deceived.

More related news about rising food prices can be found at FoodInflation.news.

Sources include:

Breitbart.com

NaturalNews.com

$40 Billion To Ukraine is Money Laundering for Globalists and Evil People

Marjorie Taylor Greene calls out lack of baby formula, Ukraine aid

Ukraine has been the money laundering capitol of the world for a long time. The war is not stopping that, it is accelerating it to new heights.

Video Source: 1) War Room Pandemic - Steve Bannon and Jake Bequette to discuss Ukraine Funding https://americasvoice.news/video/8APi... 2) Ben Swann - Is $33 Billion in U.S. Funding to Ukraine Going To Nazi's? https://sovren.media/video/is-33-bill... 3) Zelensky Admits Neo-Nazi Azov Battalion Has Integrated With Ukraine’s Military and We’re Supposed to Be Okay With That https://noqreport.com/2022/04/02/zele... 🇺🇸 The New American: http://www.thenewamerican.com/

America Last: Congress Approves $40 Billion To Ukraine As We Face Multiple Crises At Home

Joe Biden again tried to put blame on anyone but himself for inflation and rising costs in America, while also making yet another laughable gaffe. Democrats are all speaking out in support of their activist friends breaking the law in front of Supreme Court justices' homes and Congress approved $40 billion in new aid to Ukraine as America faces a baby formula shortage and loads of other problems here at home. Plus, Dominion lawsuit updates and much more.

$40 Billion To Ukraine, Baby Formula Shortages & Biden: Is Our Opposition Being Controlled?

DR. STEVE TURLEY: The truth about Ukraine is starting to come out! We’re going to look at just how outrageous the $40 billion dollar aid bill for Ukraine actually is, we’re going to see how Ultra Maga America First representatives are standing up against it, and stick with me to the end of this video when I’ll reveal how the truth about what’s really happening in Ukraine is starting to make its way into the mainstream, and completely demolishes any justification for this bill; you are NOT going to want to miss this!

 

THEY’RE CRASHING THE ECONOMY ON PURPOSE! – We Haven’t Seen This Since WW2!

Josh Sigurdson talks with Tim Picciotto, The Liberty Advisor about the shocking move to crash both the stock market and the economy on purpose in order to get us into the Great Reset agenda for a global technocratic cashless currency backed by the SDR at the IMF.
For the last two years, the establishment has worked hard to commit people to subservience and eugenics. Now we are witnessing the next part of the agenda. This will involve the destabilization of the global economy, supply chain, stock market, etc.
As Fauci, Birx, and Gates call for further restrictions, we're about to see a massive shift in the over-all narrative. And WW3 isn't out of the question either.

 

Food inflation has now reached 12.6% PER MONTH, corporate media blames Putin, not money printing

Image: Food inflation has now reached 12.6% PER MONTH, corporate media blames Putin, not money printing

BY ETHAN HUFF

SEE: https://www.naturalnews.com/2022-04-10-food-inflation-soars-corporate-media-blames-putin.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) Since its inception in 1990, the U.N. Food and Agriculture Organization (FAO) Food Price Index has never been higher than it was in February, compliments of endless money printing and many decades of corrupt monetary policy.

The corporate-controlled media, however, is blaming Vladimir Putin as it always does whenever the financial terrorists find themselves in another bind.

Food inflation is soaring around the world by about 12.6 percent monthly, at this point, and the only thing the talking heads in the media are allowed to say is that it’s Russia’s fault for invading Ukraine.

Never mind the fact that inflation has been on a steady upward trajectory for many years or the fact that governments’ Wuhan coronavirus (Covid-19) plandemic tyranny destroyed the supply chain. No, just make Putin the punching bag, as usual.

According to the latest reports, prices for food commodities like grains and vegetable oils reached their highest levels ever in February. And ABC News claims that this is because of “Russia’s war in Ukraine,” and not because of central banks like the Federal Reserve that have been printing fiat currency like crazy over the past several years.

“The U.N. Food and Agriculture Organization said its Food Price Index, which tracks monthly changes in international prices for a basket of commodities, averaged 159.3 points last month, up 12.6% from February,” ABC further reported.

Will the world ever wake up to the reality of financial terrorism and how it destroys economies?

A 17.1 percent rise in grain prices is also being blamed on the war in Ukraine, which has become something of a catch-net for every bad thing that happens these days.

“This is really remarkable,” said Josef Schmidhuber, deputy director of FAO’s market and trade division, about the current inflationary climate. “Clearly, these very high prices for food require urgent action.”

The worst-hit commodity is vegetable oils, which rose 23.2 percent over the past month. Ukraine is the world’s leading exporter of sunflower oil while Russia holds the second spot, so it is easy for the overlords to blame the conflict between these countries as the culprit.

“There is, of course, a massive supply disruption, and that massive supply disruption from the Black Sea region has fueled prices for vegetable oil,” Schmidhuber further told reporters in Geneva.

Schmidhuber says he cannot calculate specifically the exact degree to which the war is causing these financial problems, and that “logistical factors” are also playing a role, as are poor weather conditions in some countries.

“Essentially, there are no exports through the Black Sea, and exports through the Baltics is practically also coming to an end,” he explained.

A big red flag that points to financial terrorism as Enemy No. 1 in all this is the fact that the globalists have been trying to crush decentralized cryptocurrency ever since Putin invaded Ukraine, claiming that he might try to “evade” banking sanctions if the crypto-sphere is not quickly swept into the clutches of the existing financial paradigm.

In other words, the globalist central bankers do not want people migrating away from their fiat currency Ponzi schemes and into crypto, so they are using Putin as their scapegoat to claim that crypto needs to be destroyed in order to keep everyone “safe” against the war, or something.

“For me, the most depressing thing is not bankers and politicians,” wrote someone at Natural News about the situation. “I expect them to be evil, just like I expect cockroaches to be cockroaches.”

“No, the most depressing thing is the stupidity of average people, who only think what their cell phones tell them to think. Just as the peasants supported vax mandates because ‘Covid,’ the peasants now support tyranny because ‘Ukraine.'”

More related news coverage can be found at Collapse.news.

Sources for this article include:

abcnews.go.com

NaturalNews.com

Between hyperinflation and World War III, most of humanity doesn’t stand a chance

BY ETHAN HUFF

SEE: https://www.naturalnews.com/2022-04-07-hyperinflation-world-war-humanity-doesnt-stand-chance.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) As the world inches closer to another world war, food shortages, social unrest, and hyperinflation are following suit. And when all is said and done, much of the world’s population will likely not make it.

Ever since Russian President Vladimir Putin invaded Ukraine, the stability of the global economic climate has gone off a cliff. It was bad before that, of course, but things seem to have gone into hyperdrive since February.

The Great Recession Blog put together a broad picture of some of the most notable areas where either background inflation (rising producer costs) or consumer inflation is rising significantly, one of the big ones being oil.

“Oil, of course, impacts the price of just about everything, and there is no cavalry here that is going to come to the rescue for anyone, in spite of Biden’s biddings,” the blog explains.

Oil giants like Exxon are boasting massive profit increases due to the shortages created by Russian sources being taken offline, while consumers at the pump are paying higher prices than ever before in our nation’s history.

“Apparently shortages are good for business … at least for some businesses – the ones with their own ample supplies, who see gushers of profits in times like these,” the blog explains.

Will there be enough food to go around at this time next year?

Rising energy costs also directly affect the food sector, as is now being seen perhaps most prominently in Germany, where food prices are increasing 20 to 50 percent.

The United States is seeing glimpses of this as our own energy supplies have been hampered by Biden regime policies that once again made the country energy-dependent rather than energy-independent, which we were under Donald Trump.

The situation is getting so bad all around the world now that the prospect of widespread famine and starvation is becoming a reality. Energy costs the most, fertilizer is in shorter supply, and crop yields are already suffering in many places due to inclement weather – what else is next?

“Of course, financial aid doesn’t fill bellies in places where food doesn’t exist due to lack of fertilizer and/or due to crops not being planted in the major food-producing nations for the world as well as within those nations,” the blog explains.

“What helps is food shipments, and food shipped from the U.S. to other nations to prevent starvation inevitably means some food shortages in the U.S. on a smaller scale and certainly higher prices as people scramble to get their hands on the limited food that is available.”

If there is not enough food to share, however, then this scenario quickly becomes much worse, leading to riots and much worse the longer it persists.

“In a time when one calamity – the Wuhan coronavirus (COVID-19) crisis – hit the entire world (with the economic impacts largely due largely to our national responses to COVID) another calamity – war – hits the entire world (partially due to our global responses to it),” the blog further reveals.

“Each calamity, along with the baked-in inflation already fueled by years of central bank profligacy, weakens our ability to absorb the next one.”

It is almost expected that something new, big, and catastrophic is just waiting to be unleashed next, even as we hobble through the current nightmare. It is almost as if a perfect storm is ready to be unleashed when the time is right, tipping the entire global economy past the point of no return (if it is not already there now).

“I find myself wondering what global calamity after this will fly in like a black swan to take everything down because we have exhausted our resilience all over the world and seem hell-bent on continuing to do so with wars and sanctions no one can afford.”

The latest news coverage about the global economic implosion can be found at Collapse.news.

Sources include:

TheGreatRecession.info

NaturalNews.com

Rep. Massie Discusses Ukraine, Inflation, CDC Lawsuit, and Article V

In this interview with The New American, Rep. Thomas Massie (R-Ky.) addresses a number of topics, including the U.S. handling of the situation in Ukraine; President Volodymyr Zelenskyy's recent video address before a joint session of Congress; inflation as a result of both massive Congressional spending and the Federal Reserve creating brand new money out of thin air, thereby devaluating the existing currency already in circulation; his lawsuit against the CDC over mask mandates on commercial airline flights; and where he stands when it comes to state legislatures applying to Congress to call for an Article V constitutional convention to supposedly rein in the federal government. 🇺🇸 The New American: http://www.thenewamerican.com/

Biden Complains That Americans Don’t Realize His Greatness~HE’S Sick of People Blaming Him for What He Has Done

Kellyanne Conway: You cannot have an American president that has an America-last policy

Former Trump senior counselor told Sean Hannity that Biden needs to "course correct"?

This is why Biden has been weak over the last year: Sen. Cotton

Arkansas Sen. Tom Cotton criticizes Biden for rolling back American energy independence on 'Hannity.'

New Biden Whine: Americans Are Just Too Stupid to Understand the Great Job He's Doing

BY ROBERT SPENCER

SEE: https://pjmedia.com/news-and-politics/robert-spencer/2022/03/12/new-biden-whine-americans-are-just-too-stupid-to-understand-the-great-job-hes-doing-n1565938;

republished below in full unedited for informational, educational & research purposes:

Whatever else Old Joe Biden may be, in his dotage, he sure has become a whiner. At the House Democratic Caucus Issues Conference on Friday, Biden lost his temper, shouting that he was “sick of this stuff,” that is, Americans blaming him for the inflation that his far-Left policies have caused. That wasn’t all that the ostensible president was enraged about, however; in the same speech, he fumed that Americans just didn’t understand the great job that he’s doing.

Biden opened this particular gambit with a full-on threat: “I’m not saying we’re over; we’re just getting going.” It’s quite clear at this point that the American people and the world at large would be a great deal better off if he didn’t do anything for the rest of his sorry term, but no such luck: his handlers are just getting started, and that means more pain is in the offing.

“And a lot of work to do,” Biden continued semi-coherently. “But never forget what we’ve accomplished together so far.” Oh, we won’t: hyperinflation, skyrocketing gas prices, the war in Ukraine, a botched withdrawal from Afghanistan, the emboldening of America’s enemies worldwide, the erasure of the Southern border, unknowable numbers of criminals and terrorists streaming into the country — who could forget?

But as far as Biden is concerned, he isn’t riding high in the polls right now because the American people just aren’t capable of grasping his magnificence: “And, by the way, the American people just trying to stay above water don’t understand this.  You tell them what the American Recovery Act was, and they look at you like, ‘What are you talking about?’ Understandably. They’re like my family: mom, dad, four kids, grandpop living in the house in a three-bedroom split-level home. Just every single day figuring out how you put enough food on the table, even when things are okay. Well — and on this one anniversary of the American Rescue Plan, let’s be clear: We did it alone, without one single, solitary Republican vote.”

Noted: the destruction of America has been accomplished so far without one, single, solitary Republican vote, at least in that particular instance. Unfortunately, on all too many occasions, Old Joe has not had trouble finding corrupt and compromised Republicans to go along with his nefarious plans.

But more striking is the bit about how struggling Americans “don’t understand” all the wonderful things he has supposedly done. As ridiculous as it is, this has actually become a Democrat talking point of late. As PJM’s Matt Margolis pointed out, House Speaker Nancy Pelosi (D-Absolut) said essentially the same thing on the day of Old Joe’s State of the Union rant. MSNBC’s Andrea Mitchell asked her, “The decline in the President’s polls — even on COVID, on how he’s handled it — what can you do to turn this around?” Pelosi answered, “Well, I think tonight’s gonna be very important. Because for people to appreciate what the President has done […] they have to know what it is.”

Related: Angry Biden Shouts, ‘I’m Sick of This Stuff,’ Lashes Out at Those Who Blame Him for Inflation

So both Joe Biden and Nancy Pelosi believe or want us to think they believe, that the average American isn’t thrilled with Old Joe because they aren’t bright enough to inform themselves of all his great accomplishments.

It may be that Hillary Clinton was the first person to advance this absurd talking point. On MSNBC’s Rachel Maddow show on Nov. 23, 2021, Clinton lamented, “You know, democracy is messy. You know, a lot of people got, oh, I think, kind of frustrated looking at the messy process of legislation, and they — they didn’t really appreciate that within a year, the Biden administration has passed two major pieces of legislation through both the House and the Senate. They passed another major piece through the House that will soon be in the Senate.”

Hillary touted these as “extraordinary accomplishments,” and complained that “because of the way we are getting our information today and because of the lack of gatekeepers and people who have a historic perspective, who can help us understand what we are seeing, there is a real vulnerability in the electorate to the kind of demagoguery and disinformation that, unfortunately, the other side is really good at exploiting.”

Yes, that’s what we need: more gatekeepers to explain to us how great Joe Biden is as if CNN and MSNBC and the New York Times and the Washington Post and Hollywood and academia and all the rest of it weren’t enough. They all tell us we must love Big Brother, and soon enough we will, or else.

________________________________________________________________

Angry Biden Shouts, ‘I’m Sick of This Stuff,’ Lashes Out at Those Who Blame Him for Inflation

BY ROBERT SPENCER

SEE: https://pjmedia.com/news-and-politics/robert-spencer/2022/03/11/angry-biden-shouts-im-sick-of-this-stuff-lashes-out-at-those-who-blame-him-for-inflation-n1565845;

republished below in full unedited for informational, educational & research purposes:

See that angry old man shouting at you? That’s the President of the United States. Even in the best of times, Old Joe Biden has never been one to take responsibility for his actions, and these are not the best of times. With the economy in free fall, the Russians on the march in Ukraine, the Southern border a polite fiction, and skyrocketing inflation, Old Joe is in full-throttle finger-pointing mode, blaming everyone he can think of for the catastrophic failure of his administration. His latest scapegoat: the American people. That’s right, all of us, or at very least those who come to the very sensible and entirely justifiable conclusion that his absurd far-Left policies are responsible for today’s galloping inflation rates.

On Friday, Biden’s handlers trundled the old man to Philadelphia to attend the House Democratic Caucus Issues Conference, where he read out an address full of dark foreboding for the assembled gaggle of socialists: “This off-year election, in my view, may be the most important off-year election in modern history. Because we know what happens, we know the fundamental change that shifts if we lose the House and Senate. The only thing I’ll have then is a veto pen.”

The primary reason why the Democrats may fare poorly in November is, of course, that Biden’s handlers have made a hash of pretty much everything, and with inflation raging out of control and certain to go higher, Biden had a ready explanation: “Make no mistake, inflation is largely the fault of Putin.” Old Joe must thank Gaia every night that Putin invaded Ukraine, as it gives him a ready answer to any and every critic and a potted explanation that will satisfy the Leftist conformists among his followers who know that all the failures of socialism are attributable to anything but socialism.

Related: You Have Nothing Left to Threaten Us With, Joe

Since some of the people in the audience, however, might have been sentient beings and might have remembered that prices were already rising before Putin invaded Ukraine. Biden dealt with that head-on, sort of: “I love Republicans saying…Biden’s going to stop the Keystone Pipeline. And I did. And that’s the reason prices went up. Folks, let’s get something straight here: The Keystone Pipeline was two years away and had been 2 percent finished. Give me a break.”

Modest Old Joe didn’t mention that he did far more than shut down the Keystone Pipeline. He also placed a moratorium on oil leases on federal property (which was blocked in court but is apparently still followed in the Interior Department, as the number of drilling permits it has issued dropped sharply), suspended some existing drilling leases, restricted fracking, placed onerous financial regulations on the oil industry, and more.

Is all that responsible for rising gas prices? Of course, it is. But that idea positively enraged Biden. “I’m sick of this stuff!,” the old man shouted (remember: unfocused and unwarranted anger is a sign of dementia). “We have to talk about it because the American people think the reason for inflation is the government spending more money. Simply. Not. True.”

When Biden asserts something forcefully, the opposite is almost always true. Former California state assemblyman Chuck Devore explained in November 2021 that “in simple terms, inflation happens because more dollars are chasing relatively fewer goods — there are only so many goods and services available at a given time and when the number of dollars goes up and more goods and services aren’t produced, then prices start to rise.” Devore adds that “When the government spends money, that money can come from three basic sources: taxes, borrowing, and printing more money.” With Biden’s government spending at astonishingly bloated levels, higher taxes and more money in circulation mean inflation, and here we are.

What’s happening to the American economy is entirely the fault of the old man who is shouting about how sick and tired he is of people saying it’s his fault and of the bright young Leftists with whom he has filled his administration and who are anxious to seize as much of the fruit of the labors of the American people as they can, so as to finance their various utopian boondoggles. It is perhaps a symptom of the deep crisis in American society, or at least of the malignant forces that are operating in America today, that a man so utterly frivolous and irresponsible as Joe Biden would become president and do so in his dotage, bereft of the glib and smiling veneer he put on his dishonest presentations in earlier days. All that is left of him now is the shouting.

1923: Hyperinflation | GCSE History | Weimar Germany

GERMANY: It’s 1923 and a goods shortage means that prices are rising like crazy.

The German Hyperinflation History

Following the armistice of 1918 and the subsequent Paris Peace Conference, culminating in the 1919 Treaty of Versailles, The First World War finally ended. The financial reparations required by the Treaty were deemed as excessively harsh by many Germans and even by some Allied commentators such as the English economist John Maynard Keynes. This huge debt made the new Republic of Germany (Called the Weimar Republic) with the Socialist Democratic Party leader, Friederich Ebert, and his Secretary of State, Phillip Scheidemann, after Kaiser Wilhelm's abdication, began to respond to growing economic uncertainty by printing increased quantities of marks, rather than by borrowing from other countries' banks. This resulted in the progressive devaluation of the currency and eventually in an exponential collapse of currency value known as hyperinflation. In January 1923 a loaf of bread cost 250 marks. By November the price had risen to 100,000 million marks. Workers were transporting wage payments home in wheelbarrows. Photographs from this period show children playing with building blocks made from banknotes and homeowners satirically papering their walls with worthless marks. Factory workers would be paid twice daily since, by the afternoon, their morning wages would be considerably devalued. Eventually, it cost more to print a banknote than the note was worth. By the end of summer, single banknotes worth 50 trillion marks were being printed. The appearance of Gustav Stresemann would be more than key to recovering Germany's growth but the 1929 great crash, made some political parties use the Versailles Treaty as a tool to get in power. In 1932 and 1933 the election would change Germany forever starting one of the darkest moments in the history of Europe.

TIMESTAMPS: 00:00 Intro 01:54 1918-1919: Struggle for democracy 04:05 1920-1923: Reparations and Hyperinflation 06:38 1923-1924: Reichmarks and the Dawes plan 10:02 1924-1929: The golden twenties 11:52 1929-1933: Fall of the republic

Inflation and hyperinflation - goods shortages in early 1923 meant that prices went up - this is called inflation - people had to pay more money to get what they needed - government decisions made things worse - the gov needed money to pay their debts but unemployment and failing factories meant they were getting less tax money - 1919-23 gov income was a quarter of what was needed - the gov resorted to printing more money - 1923 gove had 300 paper mills and 2000 printing shops dedicated to printing more bank notes - initially it made it easier to pay reparations - but it made inflation worse - vicious circle: prices rose more, more money printed, caused prices to rise again - by 1923 prices where huge - this extreme inflation is called hyperinflation - price of a loaf of bread: 1919 1 mark, 1922, 100 marks, 1923 200 000 billion marks the effects of hyperinflation 1) Normal Living became impossible - printing presses couldn’t produce enough money - people had to pin money to letters because stamps were useless - they had to carry bundles of money in baskets and even wheelbarrows - many workers were paid twice a day so they could rush out and buy goods before prices rose even more - some shops refused to take money at all, asking for payment in kind (swapping goods) - some people raided shops because they couldn’t afford food 2) Everyone suffered from shortages - german marks became worthless for importing goods - 1918 buying £1 worth of foreign goods cost 20 marks, by nov 1923, £1 worth of foreign goods cost 20 billion marks - foreign suppliers refused to accept german marks for goods so imports dried up and shortages of food and other goods got worse for everyone 3) People with savings were hit hardest - those with money in bank accounts, insurance policies or pensions had their saved money become worthless - thus the middle classes were the worst affected There were people who benefited from inflation - people who had loans or took them out found that the value of the money they owed went down, e.g. some big businessmen borrowed money and profited because the value of their debts went down - other people hoarded goods and then sold them for a large profit as prices went up - foreign visitors also benefited, as the value of their own currency rose against the german mark, so they could buy much more with their money - german people bitterly resented people who made money out of their suffering the damage done - after august 1923 a new chancellor gustav stresemann found solutions to some of the problems of 1923 - by this point however the political and economic turmoil from 1918 to 1923 had done its damage - the WR was shown to be weak, it had been rescued by the freikorps in 1919 and workers striked in 1920, government forces had killed thousands of germans in order to stay in power - all germans had suffered. most blamed the WR for their suffering, the middle classes which would normally be the bedrock of the republic suffered most - extremist parties with private armies hostile to the republic had gained in strength

____________________________________________________________________

Dr. Michael Burry Predicts The Downfall Of America via Hyperinflation

Dr. Michael Burry, a man shrouded in mystery following his sudden disappearance from Twitter in mid-March. Before deleting his profile Burry had been shouting warning after warning about the rampant speculation and excessive valuations in the financial markets. Most notably in Feb, he had stated that the stock market was quote “dancing on a knife's edge," and slammed stock-trading app Robinhood as a "dangerous casino”. But it was not until his dire warnings about upcoming hyperinflation, comparing the United States with the Weimar Republic that officials really began to grow concerned. According to various reports, Burry was visited by SEC officials who supposedly warned him about his Twitter behavior and how it could be influencing the markets. These last tweets before the profile was deleted are very very interesting and open a portal into the mind of a man well known to predict severe market downfalls. In today's video, we examine these horrifying tweets that suggest a rather uncomfortable truth about the future of America and its thriving economy.

 

PATRIOT NURSE-Your Plan of Action: Prepare Now

We are about to witness a massive reshuffling in global power structure that has been given the green light after the pandemic. This highlighting of weakness reflects our current presidential weakness and the end of our empire.

US Inflation Soars to 7.9 Percent, Biggest Spike Since 1982

SEE: https://www.newsmax.com/finance/streettalk/inflation/2022/03/10/id/1060547/;

republished below in full unedited for informational, educational & research purposes:

Thursday, 10 March 2022 08:31 AM

Propelled by surging costs for gas, food, and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.

The increase reported Thursday by the Labor Department reflected the 12 months ending in February and didn’t include most of the oil and gas price increases that followed Russia’s invasion of Ukraine on Feb. 24. Since then, average gas prices nationally have jumped about 62 cents a gallon to $4.32, according to AAA.

Even before the war further accelerated price increases, robust consumer spending, solid pay raises, and persistent supply shortages had sent U.S. consumer inflation to its highest level in four decades. What’s more, housing costs, which make up about a third of the government’s consumer price index, have risen sharply, a trend that’s unlikely to reverse anytime soon.

The government’s report Thursday also showed that inflation rose 0.8% from January to February, up from the 0.6% increase from December to January.

For most Americans, inflation is running far ahead of the pay raises that many have received in the past year, making it harder for them to afford necessities like food, gas, and rent. As a consequence, inflation has become the top political threat to President Joe Biden and congressional Democrats as the midterm elections draw closer. Small business people say in surveys that it’s their primary economic concern, too.

Seeking to stem the inflation surge, the Federal Reserve is set to raise interest rates several times this year beginning with a modest hike next week. The Fed faces a delicate challenge, though: If it tightens credit too aggressively this year, it risks undercutting the economy and possibly triggering a recession.

Energy prices, which soared after Russia’s invasion of Ukraine, jumped again this week after Biden said the United States would bar oil imports from Russia. Oil prices did retreat Wednesday on reports that the United Arab Emirates will urge fellow OPEC members to boost production. U.S. oil was down 12% to $108.70 a barrel, though still up sharply from about $90 before Russia’s invasion.

Yet energy markets have been so volatile that it’s impossible to know if the decline will stick. If Europe were to join the U.S. and the United Kingdom and bar Russian oil imports, analysts estimate that prices could soar as high as $160 a barrel.

The economic consequences of Russia’s war against Ukraine have upended a broad assumption among many economists and at the Fed: That inflation would begin to ease this spring because prices rose so much in March and April of 2021 that comparisons to a year ago would show declines.

Should gas prices remain near their current levels, Eric Winograd, senior economist at asset manager AllianceBernstein, estimates that inflation could reach as high as 9% in March or April.

The cost of wheat, corn, cooking oils, and such metals as aluminum and nickel have also soared since the invasion. Ukraine and Russia are leading exporters of those commodities.

Even before Russia’s invasion, inflation was not only rising sharply but also broadening into additional sectors of the economy. Many prices have jumped over the past year because heavy demand has run into short supplies of items like autos, building materials, and household goods.

But even for some services unaffected by the pandemic, like rents, costs are also surging at their fastest pace in decades. Steady job growth and high home prices are encouraging more people to move into apartments, elevating rental costs by the most in two decades. Apartment vacancy rates have reached their lowest level since 1984.

In the final three months of last year, wages and salaries jumped 4.5%, the sharpest such increase in at least 20 years. Those pay raises have, in turn, led many companies to raise prices to offset their higher labor costs.

Soaring energy costs pose a particularly difficult challenge for the Fed. Higher gas prices tend to both accelerate inflation and weaken economic growth. That’s because as their paychecks are eroded at the gas pump, consumers typically spend less in other ways.

That pattern is akin to the “stagflation” dynamic that made the economy of the 1970s miserable for many Americans. Most economists, though, say they think the U.S. economy is growing strongly enough that another recession is unlikely, even with higher inflation. 

With Americans Unable to Buy Gas, Biden Wants to Spend $2,000,000,000 on Global Gender Equality

BY DANIEL GREENFIELD

SEE: https://robertspencer.org/2022/03/with-americans-unable-to-buy-gas-biden-wants-to-spend-2b-on-global-gender-equality;

republished below in full unedited for informational, educational & research purposes:

Americans are struggling to pay for gas, buy bread and meat, but the progressive regime always has money to burn on its political causes.

President Biden will request $2.6 billion for foreign assistance programs that promote general equality worldwide, he announced on International Women’s Day on Tuesday.

How about promoting the ability of Americans to work, eat, drive, and be able to pay their bills?

“Ensuring that every woman and girl has that chance isn’t just the right thing to do — it’s also a strategic imperative that advances the prosperity, stability, and security of our nation and the world,” Biden falsely claimed.

No, moving money to assorted leftist international groups is not a strategic imperative for America, just for the Left.

It has nothing to do with our “prosperity, stability, and security”.

If Biden wants to aid our “prosperity, stability, and security,” he can start by stopping the spending machine so that inflation doesn’t eat Americans alive.

And if he wants to help women, he can stop smelling their hair, groping them, and sexually assaulting them.

Deep State Looting U.S. (aka “Inflation”)~About to Get WAY Worse

The surging "inflation" that is causing dramatically higher prices across the board is not some mysterious force but rather a deliberate looting of the poor and middle class in America orchestrated by the banking cartel known as the Federal Reserve System, and it's about to get way worse, warns The New American magazine's Alex Newman in this episode of Behind The Deep State.  Between the outrageous money printing over the last decade (and century) and the deliberate destruction of the supply chain, combined with growing cracks in the U.S. dollar's status as the global reserve currency, it is likely that the destruction of Americans' purchasing power will accelerate in a catastrophic way. However, as the Fed raises interest rates, there may be a period of deflation in prices of assets such as real estate and stocks as the endless cheap credit and currency creation slows down.  Americans must understand what is happening and protect themselves as Deep State elites loot the nation. 🇺🇸 The New American: http://www.thenewamerican.com/

OAN: Skyrocketing Prices with Victor Davis Hanson

Rumble — Victor Davis Hanson, author of the book, "The Dying Citizen: How Progressive Elites, Tribalism, and Globalization are Destroying the Idea of America,” gives The Real Story on Joe Biden’s pathetic excuse for the cause of inflation and how American’s aren’t buying it.

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