Morons Or Evil People At The Helm?

amd

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I can see why the Fed would increase interest rates, otherwise they would be blamed for the inflation.

But this inflation is the outcome of the COVID-19 government lockdowns that destroyed the supply chain and small businesses, producing shortages that predictably created an imbalance between supply and demand.

The Fed can't do a thing about this kind of inflation, all they can do is make it worse.

We are going to get the worst of two worlds: stagflation.

But this is not so much about the Fed as it is about the government imploding the country to serve their masters.

We have the politicians and the Biden administration doing everything in their power to destroy what's left of the supply chain by cancelling pipelines and leases, in addition to regulatory hurdles that will bankrupt trucking businesses.

Trucker on diesel prices: 'We're going to have a lot of bankruptcies'

And the destruction of food processors and warehouses has not gone unnoticed.

These evil people are pushing forward with the implosion of the US while playing the blame game.
 
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joaquin

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Its a complicated mess, to say the least. The increasing commoditization of everything and the glut of consumerism has led to a particular outcome that the world leaders are simply forestalling. But it is just a matter of buying time. It eventually has to happen.
 

docall18

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Evil morons, I reckon. Peat talks about these eugenicist nutters somewhere later in this clip.

 
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A

amd

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The Geriatric Ward in Washington, DC.

Republics need short term limits to help them last longer before the corruption turns them into oligarchies and dictatorships.


How Old is Congress?


The average age of members of Congress has continued to grow older as current members of Congress are serving longer terms into old age. The 117th Congress is the oldest on average of any Congress in recent history.


Yeah really dumb evil degenerates and demented geriatrics.
 
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LeeLemonoil

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I can see why the Fed would increase interest rates, otherwise they would be blamed for the inflation.

But this inflation is the outcome of the COVID-19 government lockdowns that destroyed the supply chain and small businesses, producing shortages that predictably created an imbalance between supply and demand.

The Fed can't do a thing about this kind of inflation, all they can do is make it worse.

We are going to get the worst of two worlds: stagflation.

But this is not so much about the Fed as it is about the government imploding the country to serve their masters.

We have the politicians and the Biden administration doing everything in their power to destroy what's left of the supply chain by cancelling pipelines and leases, in addition to regulatory hurdles that will bankrupt trucking businesses.

Trucker on diesel prices: 'We're going to have a lot of bankruptcies'

And the destruction of food processors and warehouses has not gone unnoticed.

These evil people are pushing forward with the implosion of the US while playing the blame game.


Do not forget that massively increasing the amount of money started after Lehman 2008
 
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amd

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[ Tip: Use @username instead of using +Quote function ]

The current rate of inflation happened after the COVID-19 government lockdowns, we need to differentiate apples from oranges.


Inflation Has Risen Around the World, But the U.S. Has Seen One of the Biggest Increases


Americans who have been to the grocery store lately or started their holiday shopping may have noticed that consumer prices have spiked. The annual rate of inflation in the United States hit 6.2% in October 2021, the
highest in more than three decades, as measured by the Consumer Price Index (CPI). Other inflation metrics also have shown significant increases in recent months, though not to the same extent as the CPI.

Understanding why the rate of inflation has risen so quickly could help clarify how long the surge might last – and what, if anything, policymakers should do about it. The recent acceleration in the rate of inflation appears to be
fundamentally different from other inflationary periods that were more closely tied to the regular business cycle.

At least one thing is clear: A resurgent inflation rate is by no means solely a U.S. concern. A Pew Research Center analysis of data from 46 nations finds that the third-quarter 2021 inflation rate was higher in most of them (39) than in the pre-pandemic third quarter of 2019. In 16 of these countries, including the U.S., the inflation rate was more than 2 percentage points higher last quarter than in the same period of 2019. (For this analysis, we used data from the Organization for Economic Cooperation and Development, a group of mostly highly developed, democratic countries. The data covers the 38 OECD member nations, plus eight other economically significant countries.)

At 5.3%, the U.S. had the eighth-highest annual inflation rate in the third quarter of 2021 among the 46 countries examined, narrowly edging out Poland. The increase in the U.S. inflation rate – 3.58 percentage points between the third quarter of 2019 and the third quarter of 2021 – was the third highest in the study group, behind only Brazil and Turkey, both of which have substantially higher inflation rates in general than the U.S. does.

Regardless of the absolute level of inflation in each country, many show variations on the
same pattern: relatively low inflation before the COVID-19 pandemic struck in the first quarter of 2020; flat or falling inflation for the rest of that year and into 2021, as many governments sharply curtailed most economic activity; and rising inflation in the second and third quarters of this year, as the world struggled to get back to something approaching normal.

For most countries in this analysis, 2021 has marked a sharp break from what had been an unusually long period of low-to-moderate inflation.

In fact, during the decade leading up to the pandemic, 34 of the 46 countries in the analysis averaged changes in inflation rates of 2.6% or lower. In 27 of these countries, inflation rates averaged less than 2%.
 
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Whichway?

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They are EVIL.

I blame the money power though. Watch any of Adam Curtis‘s videos. He’s a former BBC Documentary film maker who can see whose pulling the strings. He talks in one episode how Bill Clinton got elected on the basis of having a big reform agenda but within a week of becoming President had his **** handed to him by the Fed who simply said he could not afford to do ANY of what he wanted or had promised. So he had to walk it all back.

These people fund the think tanks, who write the talking points, policies and legislation, and present it to the politicians, who then implement it.
 

HeyThere

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If "evil" isn't screaming at every living being, then they have blinders on.
 
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amd

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Are these the brightest minds we have?

The problem with the economy is that it is whatever the elite/government wants it to be, it is a political tool, and that's the problem. They don't care about or even understand the underlying nature of things.

Why so many economic "theories" after thousands of years of experience?

Nature comes and goes, nothing stays the same, so you must have a flexible system without dogmas.

These economic "theories" are an excuse to justify whatever the elite wants to push onto us. Don't expect the government to stick to them when it comes to decision making.

And then you get these blunders from incompetent "experts". The whole system is corrupt, or simply wrong.

Human nature is emotional and not logical.

All the Fed can do is raise interest rates to show it is doing something to fight inflation (saving their skin), but this inflation has nothing to do with burrowing or the cost of money, and everything to do with shortages (supply).

Short Supply (lockdowns - supply chain - worldwide) + Existing Demand = Inflation

And even if the Fed raises interest rates that won't stop the biggest burrower in the economy, the government, which will continue spending until it can no longer service the national debt (at a higher cost because of higher interest rates).

On the other hand, if interest rates are not enough for savers to earn interest on their savings, and pension funds can't earn enough from their investments then we have a monumental crisis.

High Interest Rates (Fed) + Small Businesses Costs + Product Shortages = Recession



"Markets believed and applauded Chairman Powell’s resolve to fight rising inflationary pressures," said Quincy Krosby, chief equity strategist for LPL Financial in a note Thursday. "And that’s the problem." Investors are now concerned that the Fed is hitting the gas too hard and might be headed towards a policy mistake.
 
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HeyThere

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See... if you think people this truly "dumb" were elected as our leaders, then you're not paying attention. They were placed there so the puppeteers could lead, while the Potato and Giggler go on TV and social media.
 

Whichway?

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Are these the brightest minds we have?

The problem with the economy is that it is whatever the elite/government wants it to be, it is a political tool, and that's the problem. They don't care about or even understand the underlying nature of things.

Why so many economic "theories" after thousands of years of experience?

Nature comes and goes, nothing stays the same, so you must have a flexible system without dogmas.

These economic "theories" are an excuse to justify whatever the elite wants to push onto us. Don't expect the government to stick to them when it comes to decision making.

And then you get these blunders from incompetent "experts". The whole system is corrupt, or simply wrong.

Human nature is emotional and not logical.

All the Fed can do is raise interest rates to show it is doing something to fight inflation (saving their skin), but this inflation has nothing to do with burrowing or the cost of money, and everything to do with shortages (supply).

Short Supply (lockdowns - supply chain - worldwide) + Existing Demand = Inflation

And even if the Fed raises interest rates that won't stop the biggest burrower in the economy, the government, which will continue spending until it can no longer service the national debt (at a higher cost because of higher interest rates).

On the other hand, if interest rates are not enough for savers to earn interest on their savings, and pension funds can't earn enough from their investments then we have a monumental crisis.

High Interest Rates (Fed) + Small Businesses Costs + Product Shortages = Recession



"Markets believed and applauded Chairman Powell’s resolve to fight rising inflationary pressures," said Quincy Krosby, chief equity strategist for LPL Financial in a note Thursday. "And that’s the problem." Investors are now concerned that the Fed is hitting the gas too hard and might be headed towards a policy mistake.
Don’t make the mistake of viewing Fed action as being helpful to individuals. The Fed is privately owned. All they are concerned about is manipulating the economy as a system so that they can go on skimming huge profits off of printing money out of thin air and loaning it to the US Government. Whether individuals go to the wall is irrelevant to them as long as the ”system” as a whole continues, so they can continue to parasitise off it.

They are completely insulated from any effects of their actions due to their wealth. They live in gated estates, are chauffeured around, have servants and are so wealthy the ups and downs are completely immaterial to them. Their wealth though is reliant on having a host economy to feed off, so they ensure overall that the host will continue. Whether you as an individual or a family survive or get wrecked in the process is of no consequence. What a gig eh? Money for nothing…..
 
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amd

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Higher diesel prices are part of the plan and it means even more shortages, enjoy!

Those pushing for Net Zero are very active (e.g., Bill Gates), this is only an example.

If it doesn't make sense is because the objectives are not those stated.


Clearing the Air on New Truck Regulations


The trucking industry has an outsized impact on toxic air pollution [see below] and carbon emissions [plant food]. Luckily, states can now adopt two new regulations to address the issue: the Advanced Clean Trucks (ACT) rule, which ensures more zero-emission, electric trucks are sold each year, and the Heavy-Duty Omnibus (HDO) rule, which cuts toxic air pollution from new fossil fuel trucks.

The rules will bring big economic, environmental, and health benefits to states that choose to adopt them. And 86 organizations across the country - including frontline community groups, environmental non-profits, and industry voices - have signed onto a letter in support of the two regulations.

The Advanced Clean Trucks rule starts two years after it’s adopted, giving manufacturers and the market time to prepare. The annual new sales requirements start low and ramp up gradually. As the chart below shows, by model year 2026, the measure would require 10-13% of all new medium- and heavy-duty truck sales to be fossil fuel free. Model availability is slowly expanding. During the rule’s moderate buildup, new types of electric trucks and buses will enter the market.


US Military Pollution: The World’s Biggest Climate Change Enabler


In 2019, a report released by Durham and Lancaster University found the US military to be “one of the largest climate polluters in history, consuming more liquid fuels and emitting more CO2e (carbon-dioxide equivalent) than most countries”.
 
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I can see why the Fed would increase interest rates, otherwise they would be blamed for the inflation.

But this inflation is the outcome of the COVID-19 government lockdowns that destroyed the supply chain and small businesses, producing shortages that predictably created an imbalance between supply and demand.

The Fed can't do a thing about this kind of inflation, all they can do is make it worse.

We are going to get the worst of two worlds: stagflation.

But this is not so much about the Fed as it is about the government imploding the country to serve their masters.

We have the politicians and the Biden administration doing everything in their power to destroy what's left of the supply chain by cancelling pipelines and leases, in addition to regulatory hurdles that will bankrupt trucking businesses.

Trucker on diesel prices: 'We're going to have a lot of bankruptcies'

And the destruction of food processors and warehouses has not gone unnoticed.

These evil people are pushing forward with the implosion of the US while playing the blame game.
I would say a mixture.

You have genuinely smart people who hate you and want your family dead and/or humiliated.

Then you have stupid or psychotic people who also want that but aren't concerned with their own self-preservation.

Then you have people who aren't outright malicious but are indifferent. They know better but choose evil, typically out of greed. This is the majority of people imo, their indifference allows more ideologically inclined but indirect parties to enact their will via "democracy".

Occasionally you get intelligent and good-hearted people slipping in through the cracks. They are grossly outnumbered and most of them are old guard will be gone soon.

You also have the jannisaries of the system who think they're righteous and fighting against power instead of being the cudgel power uses against normal people. They may be booksmart or not, but are always brainwashed and dangerous.
 
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amd

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Note: There is extreme disinformation on the topic and what you find on Google is usually not right.

You can read contradictions in the same sentence: "increasing independence of the Fed" while ending with "shifting powers to Washington, DC."

So I recommend to those that live "believing" or "feeling" things to be true, take your time, digest things.

"Feeling" things to be true has only contributed to the mess we live in because the public doesn't know what's up from down, while the elite/government keeps everyone fighting with each other over "opinions" (divide and concquer).

People are too easily distracted, but there's bigger fish to fry!

---

The Banking Act of 1935, part of Roosevelt's New Deal (Socialism), centralized power on the Federal Reserve Board of Governors in Washington, D.C.

Each regional bank nominated its members, but now is the president of the U.S.

Also, the Fed was supposed to have independent banks with independent interest rates, NOT one interest rate for the whole nation (Socialism = centralized planning = doesn't work).

Why? Because money flows from state to state, it doesn't stay put.

And even before that, during WWI, instead of buying corporate debt or lending to businesses at low interest rates to stimulate economic growth, the Fed was facilitating war bond sales.

In other words, the Fed is not fully independent and it is a tool for the government to sell its debt.


The chart below shows the Fed increasing interest rates (under 1%) while giving an estimate of 0% GDP growth in the near future (mounting recession fears).

a.png



Chart below shows a long period of artificially low interest rates after the financial crisis of 2008, affecting savers and pension funds, and once again after the unnecessary Covid-19 government lockdowns.

“The public and markets shouldn’t expect [Fed's] monetary policy to be a panacea for all economic issues. It isn’t undoing the whole crisis and it can’t act alone.”

b.png



And don't forget the repurchase agreements (repo) crisis where the Fed bought European banks' securities to keep them afloat.

The Fed should be the lender of last resort here in the US (domestic) and not deal with other countries' problems for political considerations (international). Imagine NATO with a bankrupt Europe, or the Germany-Russia axis under such scenario.

The European Central Bank had a negative interest rates policy for years and has been buying government debt (not impartial), essentially keeping interest rates down and bond prices up (government vs pension funds).
 
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amd

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Do you realize who wins when attention is drawn to the Fed while ignoring the big fat elephant in the room?

If not, keep reading.
 
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amd

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World War 3 for Dummies


Subjugating Russia and China is an existential issue for our Davos owners because when they take the western economy down, everything else must go down too. If the western economy is taken down and a large economic block doesn’t participate in the downfall, it will be a disaster for the West. The new block will gain massive economic power, and possibly unipolar hegemony of sorts, while the West descends into a feudal Dark Age and irrelevance. Therefore the entire world must go down for the Great Reset to work. Russia and China must be subjugated by any means, as well as India and other stubborn nations.

This is what has fueled the situation we now find ourselves in and will fuel the continuation of World War 3. The western owner-elites are going to war to keep their wealth and power. Everyone who resists must be subjugated so they can follow the West into the planned Great Reset Dark Age.
 

Lollipop2

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I found this JP Sears video refreshing and an interesting change from the normal silly satire…Why I change my mind about evil (I WAS WRONG!)

I must admit I had heard about the God vs. Satan/Evil and always dismissed it, while truly believing only God and Goodness were real. Somewhere in 2020 a great shift occurred in me and I realized evil was real.


View: https://youtu.be/mPt6gvRQnhs


@Birdie @Inaut @Blossom

Edit: @Rinse & rePeat I think you will like one as well…
 
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Blossom

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I found this JP Sears video refreshing and an interesting change from the normal silly satire…Why I change my mind about evil (I WAS WRONG!)

I must admit I had heard about the God vs. Satan/Evil and always dismissed it, while truly believing only God and Goodness were real. Somewhere in 2020 a great shift occurred in me and I realized evil was real.


View: https://youtu.be/mPt6gvRQnhs


@Birdie @Inaut @Blossom

Edit: @Rinse & rePeat I think you will like one as well…

Thanks, that was excellent!
 

Blossom

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satan’s biggest deception has been to convince people he doesn’t exist. Hopefully more people start waking up.
 
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