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Establishment media sources lie incessantly about our financial conditions, and when they are finally cornered and forced to admit how bad things are, they then lie about the causes.

One of the more difficult aspects of working in economic analysis is the problem of rampant disinformation that you have to dig through in order to get to the truth of any particular issue.  In this regard, economics is very similar to politics.  The propaganda is endless and debunking it sometimes feels like moving a mountain with a teaspoon.

Establishment media sources lie incessantly about our financial conditions, and when they are finally cornered and forced to admit how bad things are, they then lie about the causes.  That said, I find that these lies are usually designed to do one of two things:  Over-complicate the problem so that people give up thinking about it, or, distract from the problem so that people blame a scapegoat.

As for inflation, here is the bottom line:

Central Banks And The Fiat Flood

Rising prices are caused by two main drivers.  The first is money creation, or too many dollars chasing too few goods.  Central banks around the world have been FLOODING the system with fiat currency ever since the debt crisis of 2008 and the Federal Reserve within the US is the worst violator by far.  We are talking about tens of trillions (or more) in money creation, all supposedly as a means to stall or prevent a deflationary crash.

By the time the pandemic lockdowns were initiated and the Fed dropped $8 trillion+ onto the economy through stimulus measures like covid checks and PPP loans, the total US money supply was already at destructive levels.  The covid stimulus was simply the straw that broke the camel’s back.  So, if you want to know who is directly to blame for your daily expenses rising 30% or more in the span of three years, the first set of criminals are the central bankers.

Governments and certain corporate partners are also to blame, but the central banks are the root mechanism for all inflationary movements.  It’s my belief (according to the evidence) that central banks have deliberately triggered a stagflationary crisis with the intent to forcefully replace cash based economies with a new digital and cashless global economy.  However, that’s a discussion for another article…

Shortages And Core Resources

The other primary cause of rising prices is shortages or disruptions in key resources including oil and energy.  Keep in mind that the war in Ukraine has led to the west being cut off from large portions of the resource rich Russian market.  And, the war in Gaza has led to groups in the Middle East like the Houthis denying a multitude of cargo ships and oil tankers from traversing the Red Sea.

By themselves, each one of these events seems like a small threat to the global supply chain, but when they pile up together the effects become detrimental.  For now, the biggest factor is rising energy prices because this is the key resource that allows all agriculture and manufacturing to function.  Every time oil prices rise you’re going to see prices in everything else rise.

This is the exact reason why the Biden Administration continued to dump the US Strategic Oil Reserves on the market for the past couple years.  This was their way of manipulating oil prices down in order to mitigate or hide the greater effects of inflation.  Now that they’re being pressured to refill those reserves and start buying (at a much higher price) global oil prices and US prices in particular are spiking again.

Media Disinformation And Crushing Food Costs

Food costs have risen by 30% or more depending on the product since the beginning of 2020, and even though CPI reports several months ago showed a “slowdown” in overall inflation, this does not mean prices are going to go down anytime soon.  In fact, they will only keep rising with each passing year.

CPI is a tool for measuring the AVERAGE price increases of over 80,000 products and services across a wide spectrum.  Many of these items are not necessities and so they dilute the actual inflation we are seeing in everyday expenditures.  If we were to look at an average of daily necessities like housing, energy, food, etc. then CPI would read far higher.

When the media touts a lower CPI print as a sign that the economy is improving, what they usually don’t mention is that the stat only represents how much higher prices are going to go.  A lower CPI does not mean costs on the shelf are going to go down.  Inflation is cumulative.

Meaning, that 30%+ increase in food that Americans have been dealing with – That’s not going away, it’s just not climbing as fast as it was.  And, as we’ve seen in the past couple months, inflation has the ability to return just as quickly to add even more gasoline to the fire.

Not long ago I was reading through an article from CBS that claimed they could explain why there’s been no respite in food prices lately.  In reality the entire piece was disinformation, blaming every possible scapegoat while ignoring the real causes.

Their main explanation is “Greedflation,” or the claim that companies are overcharging on food items.  In other words, blame businesses, don’t blame the Federal Reserve and don’t blame the government.  They’re “innocent” in all of this.

So far there’s no concrete evidence to support the Greedflation theory.  Every business has unique expenses, unique overhead, unique industrial costs, unique quality control and unique resource costs.  One cookie company’s bottom line will be different from another cookie company’s bottom line.  That said, there are universal costs that directly correlate to higher prices regardless of the company, and that includes energy, labor, and core commodities.

For those that track the markets it’s obvious that commodities are climbing.  The Industrial Commodity Index is far higher today than it was in 2020, along with oil and gas prices.  Every base resource that companies use to make products is increasing in value and thus it costs them more to manufacture.  Agriculture in particular is heavily affected by oil prices as well as prices in fertilizer and farming equipment, not to mention higher costs in labor.

From 2020 to 2023 the total costs paid by farmers to raise crops and care for livestock increased by more than $100 billion, or 28%, to an all-time high of $460 billion in 2023.  Funny how that number tracks very close to the 30% increase in overall food prices since 2020.  The establishment media wants you to believe that high food prices are going to go away soon, and in order to trick you they need to convince you that the cause is something that can be “controlled” or “regulated”.

There is no indication that agricultural costs are going to stop increasing in the near future, so, that means each year food is going to cost you more than the year before.  It might even cost you MUCH more than the year before.

In conclusion, this is why people need to start looking at food as an investment similar to the way they might look at their 401K or any retirement plan.  If you want to mitigate costs in the future in terms of food you will need to purchase foods with a long shelf life now.  If you think that inflation is a passing phase and that things will go back to the way they were before 2020 then you probably won’t take this concern seriously.  But, consider this:

Well before 2020 I was warning regularly about an impending stagflation crisis.  The food storage I bought in 2020 now costs at least 30%-50% more to buy in 2024.  Meanwhile, some of the top mainstream economists in the country were denying such a thing would ever happen.  When it did happen, they claimed it was “transitory.”  This was also proven false.  Now they claim food will drop after companies are forced through regulation to cut prices.

Whether government intervenes or the market continues to react to poor fiscal policies, it is quickly becoming a necessity to invest in food security as soon as possible.  Government enforced price controls have never actually proven effective in stopping inflation.  Once you remove all profit incentives many businesses will close up shop.  This causes the supply of goods to go down and prices then spike anyway due to shortages.

Do you want to bet your future on establishment economists being right for once, or, do you want to just store some food today in the knowledge that prices are only going exponentially higher?

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Learn Why The Globalists Are Killing Their Own Monetary System

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Whenever the establishment uses the term “conspiracy theory” and order the mainstream media to smear anybody daring to ask questions about an issue, there is a very high chance the issue they are talking about […]

The post Top 100 ‘Conspiracy Theories’ That Became ‘Conspiracy Facts’ appeared first on The People’s Voice.

‘The Pentagon has given too much power to the defense contractors that are bilking American taxpayers,’ comments Rep. Matt Gaetz.

A third of the US military’s F-35 fighter jets manufactured by Lockheed Martin are currently inoperable, the US Air Force Secretary admitted on Wednesday.

Secretary of the Air Force Frank Kendall made the admission during questioning by Rep. Matt Gaetz (R-Fla.) Wednesday.

Watch the exchange:

“The Pentagon has given too much power to the defense contractors that are bilking American taxpayers,” commented Gaetz on X, adding, “It’s not going to get better unless we demand accountability.”

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Katherine Maher calls US First Amendment “a little bit tricky” for sites that want to censor content.

New NPR CEO Katherine Maher, formerly at the helm of Wikipedia, once told the Atlantic Council globalist think tank that the United States’ First Amendment posed challenges for websites that want to censor content.

In video circulated by Manhattan Institute Senior Fellow Christopher Rufo on X, Maher tells the Atlantic Council the United States’ Bill of Rights was “a little bit tricky” to circumvent in order to censor “bad information” and “influence peddlers.”

“The number one challenge here that we see is of course the First Amendment in the United States… for is a fairly robust [laughs] protection of rights, and that is a protection of rights both for platforms – which I actually think is very important the platforms have those rights to be able to regulate what kind of content they want on their site,” Maher said.

“But, it also means that it is a little bit tricky to really address some of the real challenges of ‘Where does bad information come from?’ and sort of the influence peddlers who have made a real market economy around it,” she added.

Responding to Maher’s comments, tech entrepreneur and X CEO Elon Musk remarked, “This keeps getting crazier! The head of NPR hates the Constitution of the USA.”

In the same conversation, Maher boasted to the globalist think tank about her efforts to censor information on Covid-19 and the 2020 election during her time chairing the online encyclopedia.

“We took a very active approach to disinformation and misinformation coming into, like not just the last election, but also looking at how we supported our editing community in an unprecedented moment where we were not only dealing with the global pandemic, we were dealing with a novel virus which by definition means we knew nothing about it in real time,” she said.

Maher went on to say lessons on censorship learned by Wikipedia during the pandemic were also applied to the 2020 US election and then to elections in other countries, with input from governments.

“And we’re trying to figure it out as the pandemic went along — and so we really set up in response to both the pandemic, but also in response to the upcoming US election and as a model for future elections outside of the US – and including a number that are happening this year was… We just obviously went through yet another Israeli election. The model was around, ‘How do we create sort of a clearing house of information that brings the institution of the Wikimedia Foundation with the editing community in order to be able to identify threats early on through conversations with government, of course, as well as other platform operators to understand sort of what the what the landscape looks like?’”

Also on Wednesday, footage circulated of a TED Talk Maher conducted in which she expressed that “reverence for the truth might be a distraction.”

Scrutiny of the new NPR CEO’s former statements come as she was criticized by former NPR editor Uri Berliner – who was suspended, but later resigned – who’d called attention to the extreme left-wing bias in the newsroom, as well as NPR refusing to cover certain stories.

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“By voting unanimously to bypass their constitutional responsibility, every single Senate Democrat has issued their full endorsement of the Biden Administration’s dangerous open border policies,” House GOP leadership responded in a statement.

The Senate voted along party lines Wednesday to dismiss all impeachment charges House Republicans brought against Homeland Security Secretary Alejandro Mayorkas.

The Democrat-led Senate voted 51-49 to adjourn the impeachment trial over the DHS chief’s refusal to execute his duties to secure the open U.S. border.

BREAKING: Along party lines, the US Senate has just voted to dismiss all impeachment charges against Homeland Security Secretary Alejandro Mayorkas. The first article was dismissed, followed by the second.

NOTE: The swift decision came after Senate Democrats unified to reject… pic.twitter.com/mtYVP1xe1W

— Simon Ateba (@simonateba) April 17, 2024

The Department of Homeland Security praised the dismissal, claiming the Senate vote “proves definitively that there was no evidence or Constitutional grounds to justify impeachment.”

“It’s time for Congressional Republicans to support the Department’s vital mission instead of wasting time playing political games and standing in the way of commonsense, bipartisan border reforms,” DHS spokesperson Mia Ehrenberg said in a statement.

The Biden administration hailed the Democrats for dismissing the charges.

“Once and for all, the Senate has rightly voted down this baseless impeachment that even conservative legal scholars said was unconstitutional,” spokesperson Ian Sams said.

Republican House Speaker Mike Johnson (La.) released a statement on behalf of his caucus claiming the vote proves Democrats essentially endorse Biden’s open border policies carried out by Mayorkas.

“By voting unanimously to bypass their constitutional responsibility, every single Senate Democrat has issued their full endorsement of the Biden Administration’s dangerous open border policies,” Johnson and his leadership team wrote.

My joint statement with @SteveScalise, @GOPMajorityWhip, and @RepStefanik on Senate ignoring its constitutional duty to hold Mayorkas impeachment trial:

By voting unanimously to bypass their constitutional responsibility, every single Senate Democrat has issued their full…

— Speaker Mike Johnson (@SpeakerJohnson) April 17, 2024

“The American people will hold Senate Democrats accountable for this shameful display,” the statement continued.

Senate Minority Leader Mitch McConnell (R-Ky.) likewise condemned the vote to dismiss the charges against Mayorkas, claiming the Senate body was ignoring the will of the House.

“We’ve set a very unfortunate precedent here which means that the Senate can ignore, in effect, the House’s impeachment,” McConnell said. “It doesn’t make any difference whether our friends on the other side thought he should have been impeached or not: He was.”

Mitch McConnell: “It’s not a proud day in the history of the Senate.” pic.twitter.com/Il6hegQOiK

— The Post Millennial (@TPostMillennial) April 17, 2024

“And by doing what we just did, we have, in effect, ignored the directions of the House, which were to have a trial,” he continued. “We had no evidence, no procedure. This is a day — it’s not a proud day in the history of the Senate.”

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Trump took advantage of petty judge’s order to remain in NYC during trial by turning it into pure campaign gold.

In a classic move of political judo, former President Trump took advantage of the leftist judge’s order in his witch hunt criminal case not to leave town during the trial by turning a nearby bodega visit into campaign gold.

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