“There are three types of lies — lies, damn lies, and statistics.” – Benjamin Disraeli
Every month the government apparatchiks at the Bureau of Lies and Scams (BLS) dutifully announces inflation is still running below 2%. Janet Yellen then gives a speech where she notes her concern inflation is too low and she needs to keep interest rates near zero to save humanity from the scourge of too low inflation. I don’t know how I could survive without 2% inflation reducing my purchasing power.
This week they reported year over year inflation of 1.9%. Just right to keep Janet from raising rates and keeping the stock market on track for new record highs. According to our beloved bureaucrats, after they have sliced, diced, massaged and manipulated the data, you’ve experienced annual inflation of 2.1% since 2000. If you believe that, I’ve got a great real estate deal for you in North Korea on the border with South Korea.
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“Lies sound like facts to those who’ve been conditioned to mis-recognize the truth.” ― DaShanne Stokes
Ignore that silly Shiller PE ratio far surpassing 1929 and 2007 levels. Ignore every historically accurate valuation method showing the stock market 70% to 129% overvalued. Wall Street shysters like Jamie Dimon, faux financial analysts, corporate media talking heads and even Donald Trump tell you this time is different. Tax cuts, amnesty for illegals, more wars, and eliminating the debt ceiling will surely spur massive economic growth. Trillion dollar deficits are always bullish. Making America Great with More Debt should drive the stock market to 30,000 in no time.
All is well. Real median household income just surpassed the level achieved in 1999. Think about that for a second. It took seventeen years for the average American family to get back to a household income of $59,000. The $59,000 of household income in 2017 doesn’t quite go as far as it did in 1999, with even BLS manipulated inflation showing an 87% increase in medical costs, 80% increase in energy costs, 51% increase in food costs, 53% increase in housing costs, and a 115% increase in college education. And of course the BLS changed their methodology, boosting household income by $1,700 in 2013. So, in reality it is still below 1999 levels.
When you consider 50% of all households make less than $59,000, have not benefited one iota from the Fed/Wall Street debt engineered stock bull market, have less than $1,000 in savings, and less than $50,000 of retirement savings, you realize your Deep State masters must propagandize economic data and manipulate inflation and unemployment figures to keep the masses confused, deluded, and misinformed. The Big Lie is their strategy of choice.
The lies built into the politically motivated CPI figure are designed to screw senior citizens, bond investors, and average hard working Americans who depend upon annual salary increases to keep their heads above water. Corporations are able to point to the low levels of CPI as the reason they don’t need to provide higher salary increases. The government can get away with providing little or no Social Security increases to senior citizens by purposely under-reporting inflation based upon academic theories put forth by captured Ivy League pinheads paid off by the Deep State.
The chart below provides the government reported cumulative increases in key categories since 2000. Not only does the government purposely under-report the increases in these costs, they also purposely under-weight the significance of particular categories in order to reduce the reported level of inflation. Some of these categories show significant increases, but they are far lower than what average Americans are actually experiencing in the real world.
One of the outrageous examples of how the government uses academic gibberish about product improvements to drastically under-report CPI is how they report new vehicle inflation. The average price of a new car in 2000 was $22,000. Today, the average price is $34,500. That’s a 57% increase. The BLS bullshit artists have the gall to report new vehicle inflation of a whopping 2% since 2000.
They have “adjusted” away 55% of the actual increase by saying airbags and other unnecessary technological baubles improved automobiles to such an extent, prices didn’t really go up. What a fucking joke. Having your ass warmed with the push of a button didn’t put the extra $12,500 in your bank account to pay for that car. And new vehicles account for 3.6% of the CPI calculation, while health insurance accounts for 1% of the weighting. Yeah, that reflects reality.
Another outrageous example of under-reporting inflation is in the highest weighted category of housing. It is supposed to reflect the cost of rent and home ownership. The owners equivalent rent calculation is purposely opaque in order to suppress the true cost increase. Median home prices were $165,000 in 2000 and are currently $317,000, a 92% increase. The average rent of $475 in 2000 has risen to $910 today, also a 92% increase. So it makes total sense for the BLS drones to report a 53% increase in housing since 2000. I’m sure their academic model adjusted the true increase downward by 39% due to some obscure algorithm created by a Princeton economics professor.
Medical care advancing by 87% since 2000 sounds substantial, but that only equates to annual inflation of 3.5%. I’d love to find anyone in this country who has only seen their medical costs rise by 3.5% per year. The blatantly shameful falsification of medical inflation is evident to anyone living through the current Obamacare nightmare. According to these BLS prevaricators, health insurance has only risen by 21% since the passage of the Obamacare abortion bill. That lie is beyond comprehension as anyone living in the real world has likely experienced insurance premium increases exceeding 100% since 2009.
I work for the largest employer in Philadelphia, with the most leverage in negotiating insurance premiums with the health insurance complex. I also have tracked my expenditures by category since the 1990’s with Quicken. I know exactly what my medical costs and health insurance costs were in 2009 and what they are today. Let’s do a reality check on the BLS inflation figures of 26% for medical services and 21% for health insurance premiums.
Back in 2009 we had no individual or family deductibles, no co-pays for lab work, and low co-pays for doctor visits. Today, with $1,500 individual deductibles and co-pays 70% higher, our annual medical expenses are 140% higher than they were in 2009, with one less person in the house. That’s slightly more than the BLS fraudulent figure of 26%. Our annual health insurance premiums aren’t 21% higher than 2009. They are 90% higher. And I work for an employer that has negotiating leverage. Many Americans are experiencing 200% to 400% increases. This is the real world, not some excel spreadsheet model world created by academics, politicians and bureaucrats.
Could the BLS be as incompetent in capturing medical inflation as they appear or are they massively under-reporting the true inflation and the weighting for the average American family on purpose? I would contend it is purposeful and directed by those in power as a last ditch effort to keep the masses from revolting and hanging them from the nearest lamppost. The Federal Reserve and their Deep State co-conspirators must massively understate true inflation because reporting the truth would require interest rates to be raised, Social Security payments to be increased, and wages to be elevated – blowing a gaping hole in the federal budget and initiating a stock, bond and housing market collapse.
Those in power know their decades of propaganda and social engineering in public schools have dumbed down the masses to such an extent not one in ten could even tell you what CPI stands for, let alone how it is measured. Any critical thinking intelligent person aware of their daily costs knows their true annual inflation rate isn’t 1.9%. It exceeds 5% and has exceeded 5% since 2000. Anyone reading and understanding this article is a dangerous man to the government. We know they are dishonest, insane and intolerable. Our job is to spread discontent until a tipping point is reached. I don’t think we are too far away.
“The most dangerous man to any government is the man who is able to think things out for himself, without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane and intolerable, and so, if he is romantic, he tries to change it. And even if he is not romantic personally he is very apt to spread discontent among those who are.” ― H.L. Mencken
Is that $59,000 household income nominal or inflation-adjusted? I take it that it’s nominal.
Nominal
Such a good article. This should get a virus and replicate.
Iska-In KY you could live a very decent life on 59K, up north you would starve to death.
Same with southern MS. Nice sized house, older but decent cars, and still able to save even with kids. But, in 1999 making that much and living here would be a completely different life. That amount of money buys a lot less than in 99.
Good article. It makes you wonder how people can remain ignorant about all of this. Boggles the mind that more people don’t notice.
So what’s new?? The government with its war machine has been screwing us daily for the last 100 years or more. Go ahead and read truth from admin, then bend over grab your ankles and say like Tiny Tim, can I have more please!!!
BD,
I think that was Oliver from Dicken’s “Oliver Twist.”
Bob.
Nah, it was Tiny Tim, but all that homo-child-pornography in Dickens’ manuscript was left out of the published version.
Actually the ‘more please’ kid was Oliver Twist. Tiny Tim was the crippled child in A Christmas Carol.
You got the positioning right, just the name wrong.
Heh heh! My brother taught me this one. He calls it BOHICA … Bend Over Here It Comes Again! Don’t expect any lube or a reach around
You reference “Ivy League pinheads.” I much prefer the term “Ivy League shitheads.” I feel it better defines the quality of their brain matter.
Just the ruling cabal strip mining the wealth out from under us. They never claimed to be truthful, YOU made the mistake of ASSUMING that their minions and mouthpieces were telling you truths.
Well gold and silver are significantly off of their 2013 highs, so there must be deflation, right? Are precious metals not the ‘gold standard’ of inflation barometrics ?
Sarc tag, if I needed it.
Though my question does highlight an apparent aberration in light of the article. Especially considering the continued debt explosion, with double the debt since 08, double the PM price would seem logical and we are significantly below that.
Thanks for the follow up to Swindling Futurity, both serve as timely reminders to our continuing shit state of financial affairs.
We should actually embrace these lies and sordid statistics as it looks to be getting worse and we possibly will reflect on these times as the good times.
ottomatik said ….Are precious metals not the ‘gold standard’ of inflation barometrics ?
Answer: Not since the afternoon of August 15, 1972!!
……..double the PM price would seem logical and we are significantly below that.
Answer: That’s the beauty of paper gold future markets, and leveraging.
You don’t actually have to have the physical metal on your balance sheet!! Nor for that matter any physical metal whatsoever!! Right now were sitting on a 500:1 ratio!! that’s 500 pieces of paper for every physical ounce of gold or silver.
That’s called a “Ponzi Scheme”……… And it’s legal!!
The crazy thing about precious metals is the massive paper contract markets which are minimum 100-1 paper to metal.
In addition, the contracts are rarely delivered and they even state that if the metal is unavailable, they can pay you off in paper.
The Gold market is all about paper, not Gold. To say it is manipulated is an understatement. Some day however, Gold and Silver will be the last men standing.
I read somewhere that the ratio of paper to phyz is closer to 1000-1. And that doesn’t include derivatives. I wish I hadn’t had that tragic canoe accident back in 2008.
And sir, it will be a cold day in hell when I forgive you for losing all my guns along with it.
Metals are just commodities, and if you look at oil, even an essential commodity cannot be used to measure inflation.
That which cannot continue will not continue. However – timing is unknowable as it depends upon the appearance of the “Black Swan”.
It’s a decent article but I have two points of contention.
#1 Inflation isn’t an increase in prices. It’s an increase in money supply. The increase in prices is a secondary effect of inflation. A more accurate way to measure inflation is to use the total increase in debt in the system per year as the real inflation rate
#2. Complaining about how we are being scammed isn’t enough. We need concrete solutions.
You theorists and your definitions bore the shit out of me.
Why don’t you provide some solutions General. You call yourself General. So fucking lead!!!
I wish that I could say that I figured out the scam ages ago, but I only figured it out two years ago. I was reading an article on zerohedge. In the comments section, regarding an article that I long since forgot, someone wrote about Artisotle, the constitution relating to money, and the Coinage Act of 1792. Once I understood, that there were two total different things, both called dollars, that I finally began to understand.
I have been putting together a plan since then but its incomplete.
Personally, my plan is as follows:
1. Get out of debt (ie get the house and car paid off)
2. Improve the garden and the small orchard. (my gardening skills are terrible)
3. Eventually get solar panels and a well to get off the grid
4. Stay healthy. 80% of health problems can be avoided by eating healthy, get enough exercise, no smoking, and limited alcohol intake
5. Saving in gold and silver
6. Being self-employed and owning own business
7. Get better skilled on doing things myself, like fixing the car, air conditioning, etc
8. Have guns and ammo
Economically, the US has had three different monetary systems, depending on how you count them. The precious metal standard, the greenbacks, and the current fiat standard.
The precious metal standard is the best for the average person. The fiat system is the worst for the average person. So how to get back to a precious metal standard? A lot of people hate them, but cryptocurrencies seem to be the way forward.
Imagine 30 productive people get together, and make their own cryptocurrency to trade amongst themselves. They can use a fixed standard like the original silver dollar. It would be something like bartering but with an electronic currency as an intermediary. People could buy in or out as needed. There are some logistical issues to work out, but I dont see any reason why it wouldn’t work. It wouldn’t be possibly to completely get out of the main corrupt dollar system due to taxes, but if small communities started it, and then states, eventually the whole US could get out. It’s not the best analogy, but think of how states are ignoring federal law regarding marijuana. States could ditch the fake dollar as well. Yes, it’s a theory, but Einstein created the theory of relativity just as a though experiment.
If anyone else has better ideas, I am all ears.
I think a few people tried that at Waco.
I’ve put forth solutions on this website for years, but they are impossible to implement. So why waste my time tilting against windmills.
You and Hardscrabble Farmer have the right idea. Withdraw from the system as much as possible and starve the beast until it collapses and then hope for the best afterward.
The problem with putting out solutions for problems is that the problems emanate from something not amenable to external change.
This is why I like the Socionomic explanation.
There is NO FIXING it when your community, your neighbors, friends and relatives all contract what amounts to a communicable mental illness. That’s what a “social mood mania” really is. A communicable disease that afflicts the mind. Do you really think any of the past historical episodes of this chronicled in Charles Mackay’s famous 1841 book had “solutions?” Do you think it was by light of REASON and common sense that they ended?
I think not. They ran their course. So, too, will this.
As long as people believe 2% interest compensates for the risk of lending long-term to already phenomenally indebted governments, corporations and individuals, then they will also believe open borders, trannies and the rest of all this insanity are….sane.
Only when you see interest rates begin to climb in earnest will any of the rest of this change. It’s all coming from the same source, and it will all reverse more or less at the same time.
Does this make sense?
PS: This crazy crap has lasted 22 years beyond my wildest nightmares. It has embedded such destruction that my imagination recoils from even attempting to discern the future. Each day it persists digs us deeper into a hole from which I worry my extended family will not escape. So yes, I really do wish the inversion would arrive before conditions get even worse. I just believe neither I nor anyone else has any effect on it.
general,
check your land.
may not be well-worthy. may not percolate or not have any underground water, or water may already be full of industrial contaminants.
also, if cities become unable to provide sewerage treatment your well may become contaminated . the sewerage has to go somewhere.
if your neighbors are burying theirs, especially in unsuitable soil, the groundwater will not take long to become contaminated.
find out how to cook legumes in many ways and obtain appropriate spices and herbs to make the flavor various. also seeds for those herbs and spices viable in your area.
learn how to make vinegar from fruit peels and how to make alcohol. homemade vinegar is usually not acidic enough for pickling.
are there any salt licks in your area? lay in a huge supply of salt, some iodized. when i was little many ladies had goiter, so a bit of iodine is necessary.
plants for simple meds–feverfew for aspirin, for example.
you know what i am talking about.
thanks for article. i am mathematically challenged. need explication. posted it to facebook and hope someone reads it.
Stop playing the game.
That’s a good place to start.
Cement shoes on most politicians federal state and local and the wealthy minions that finance there campaigns . Now that’s a concrete solution . People in government need to fear the population !
British Prime Minister Benjamin Disraeli spoke in 1852 to the
House of Commons, referring to the events of 1848: “The natural
equality of men and the abolition of property are proclaimed by the
secret societies, which form the provisional governments; and men of the
Jewish race are at the head of each of them.”
The concepts of inflation and deflation does not apply to fake money military scrip backed by nothing. Usury is not fraud. Fake money backed by nothing lent out on a fractional reserve basis is compounded fraud.
In reply General,
1. who cares what an economist thinks or defines inflation to be. To the citizen, it is the price of groceries in a bag that counts. If sentient, everyone knows prices have gone up dramatically, much more than the governments sweet pronouncements of <2% for the last umpteen years. Such BS.
2. For me, it is still buying quality and not the cheap crap from China and other places. I don't shop Walmart just because it is cheap. I shop for "Made in America" and the tide is shifting as more demand causes suppliers to respond accordingly.
I like your plans as suggested except for the precious metals. I don't get how that will help in the future when the system collapses. You need something of value that people can use. And those things need to possess immediate utility.
The larger problem is how the FED and others can "lie" so blatantly and everyone knows it but just shrugs their shoulders and accepts those statements as the truth. Of course, those are the "elites" who could care less about the effects on the street. They only care about Wall Street where I don't think inflation counts for much. At least not as long as the sheep keep paying the outrageous prices for poor quality of imported goods.
Back when I saw what the future had to offer, circa 2008 I made a point to alter our lifestyle to the degree that we would be far less affected by the effects of these shenanigans.
Paid off all debt, got rid of all credit accounts.
Paid for the property in full, leaving only maintenance and property taxes as an annual nut.
Going off grid for our energy needs both in heating and electric.
Producing the majority of our family’s food needs and enough surplus to either sell or barter for the balance.
Made sure to keep our income so there was no Federal tax due.
Reduced our wants and focused on our needs.
Opted out of medical insurance.
There were other things we’ve done, but those were major.
Whenever I have to buy something I always look around for pre-owned, Craigslist, etc. and I always offer to barter. In the rare cases where I am forced to buy things we can’t produce, trade for or do without it is more than apparent that there massive inflation. Propane and gasoline, replacement parts for vehicles or equipment, toiletries, basic clothing/shoes, dentistry and emergency medical care.
I have no idea how people dependent on all those things and who still go out to dinner or pay for Igadgetry are able to survive on 59K. It seems humanly impossible.
I sincerely hope you never have need of a hospital’s services if you are uninsured. If you should you may find all your efforts to remain debt free and self sufficient will come to naught.
If nothing else an insurer is equipped to and will negotiate what a hospital claims it is owed and what its doctors charge to a more reasonable level. Thus a room might go from $8000 per day to $2000 per day. Still more than a night at the Ritz Carlton but less than the Penthouse suite.
Stiffing the hospital is only for the very poor. Hospitals and doctors use collection agencies and they will go after the assets of deadbeats just as if you failed to repay a bank loan.
We handle our medical emergencies with our sown money, like people did before insurance companies.
My problem with insurance for health is that 1) you are betting something terrible is going to happen to you or your loved ones and that doesn’t sit well with me. 2) the cost of insurance premiums plus deductibles over that time period is approximately 40 to 50 times what we’ve spent on our healthcare out of pocket and that’s without taking into account whatever the inflation adjusted costs over that time may have been. Some people don’t mind spending huge sums of money for no tangible benefit to themselves, but we’re not those people.
Of course to each his own.
And I’m not advocating that anyone try and replicate our model, only that we’ve chosen one that allows us to remain relatively free from self inflicted economic trouble. There are multiple ways to make your way through this life without assuming you must conform to some arbitrary standard that doesn’t benefit you, but a corrupted and unbeatable system.
It is doable. We did it too. Of course, with Nick being retired military, we “technically” have insurance… if you want to call Tricare Standard insurance. It keeps us from paying a penalty.
“…they will go after the assets of deadbeats just as if you failed to repay a bank loan.”
No they won’t any more than nasty calls…..and it is illegal to deny services for lack of insurance.
Hey Trumsters hear him say a word about all this deception and lies? Me either. More spending. More debt. More bullshit. Vote my ass.
CC, the biggest benefit I got from voting is watching Hil go insane, I mean more insaner. If she ran against Stalin, I’d vote Stalin.
I completely sympathize. Suffering that witch for one day, much less 4 years, would be agony. On the other hand when you vote you play THEIR game and it’s one we cannot win. Ever. They own the political process and they make the rules. I much prefer to deny the bastards the satisfaction of sanctioning my own destruction. Vote if it makes you feel better but never think it will lead us all to freedom. BTW, trump voters (63 mil) are less than 20 % of the population. The majority of people agree with me and don’t vote. Once it gets to under 10 % I think it all collapses. We can all pray.
At least with Stalin, even the bureaucrats aren’t safe. And the trains run on time.
What is infuriatingly baffling to me is how even the dumbest people among us do not see the economic lies we are fed, let alone the masses with some thought process. Last I heard, they are all living in the real world, paying bills including healthcare, buying homes, sending their kids to college, etc. So how in God’s name can they not see the soaring cost of things and that what they see does not match up to what they are being told. It’s hitting them on the head like an anvil. And yet they go along as if all is as the government tells it and look at you as if you had three heads for pointing out otherwise. Inexplicable.
99% of them think the Federal Reserve is a government owned bank. We have a lot of disabusing to do and there aren’t many of us. Lenin told Keynes something like only 1 of 1,000 “get it.”
And Keynes wrote in his General Theory that the positive effects of deficit spending on jobs are realized immediately, but that the attendant inflation is realized later; this was the appeal to FDR when he took office in 1933, and abandoned what had been the normal practice of a balanced U.S. budget. Andrew Jackson, the last man to effectively take on the Bank of the United States, the Fed of his day, regarded leaving the nation in debt as actually a sin, and when he took the train out of Washington, was thronged by a grateful crowd. Donald Trump hung his portrait in the Oval office, but is in fact a traitor to Jacksonian principles. At least, unlike Bush and Obama he did not pretend he intended to eliminate the national debt.
Old Hickory. Do you suppose he was the closest we got to the idea or ideal of the Farmer’s Republic?
MORE LIES:
BIS Finds Global Debt May Be Underreported By $14 Trillion
http://www.zerohedge.com/news/2017-09-17/bis-finds-global-debt-may-be-underreported-14-trillion
Even if inflation, GDP and employment figures were scientifically measurable like pressure or temperature and they are not in a vast dynamic economy they don’t take into consideration ‘quality of life’ which is how most people view their situation.
Dumping millions of third world immigrants into the US may or may not impact your cost of living but it most certainly affects the quality of your life. Even if you manage to keep them out of your neighborhood they still will be driving on your highways and parking on your streets. Enrolling their kids in your county schools and shitting in your sewers- if you are lucky. This impacts your driving times, the ability to park your car downtown and the need for expanding your infrastructure to accommodate people who, for the most part, pay little in taxes.
Translators must be hired by the courts and other government agencies since there is no enforceable requirement an immigrant ( legal or illegal) be fluent in English. Money that your child’s school could have spent on musical instruments or biology lab equipment has to be spent on ESL instruction or, even worse, bringing refugees from stone age society into some familiarity with 21st century life.
They’re making public schools in my area complete disasters. Parents with kids enrolled tell me about how awful it is and what a drag they are on the class. Practically no learning going on, just teachers dealing with these unruly, unteachable, unintelligible kids. More and more parents in my neighborhood are homeschooling.
Admin – so what you are saying is we are screwed. Great. That is just fucking great. Leave it to you to pee in my cornflakes. Here I was just starting to think everything was rosie, and you go and mess it up for me. Again. You are just a little fucking ray of sunshine, ain’t cha?
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Hey Llpoh… Google is a private company.
Totally not a front for government intelligence agencies so that they can get all the protections of private business without the need to generate a profit.
Totally not.
Thanks for your unquestioning support, Llpoh!!! Google will totally reward with you with totally not government bucks when the hammer falls. Thank you for your support, Llpoh.
Sincerely,
Google the totally 100% private company. Totally.
razzle – you are dumb as a bag hammers. Is there any conspiracy theory to which you do not subscribe?
Certainly!
I don’t subscribe to the quite insane theory that your specific success involves no zionists.
razzle- you are truly consumed by envy – I have seen it many times – owing to you being unable to achieve anything. Too bad you still live in momma’s basement sucking of that welfare tit. Maybe one day you will get a pair of big boy pants and head out into the yard with the other kids. Keep telling yourself that the reason that you are such a loser is because of those evil conspirators. That will work for you, I am sure.
Envy would require lacking what you have.
As was stated clearly, your specific success involves zionists.
Does it not?
I have had no benefit of mentors in many, many years. What I have I earned based on hard work and skill. Zionists are not folks I encountered on my journey, to best of my knowledge. Religion nor geopolitics were not things I discussed, and I did not live/work in areas where there were such (they tend to congregate, don’t you know). Much of my time was spent overseas, in the south, in the mid-west. Manufacturing is not a bastion for Zionists, best of my knowledge. I remember one senior Jewish purchasing officer, but would have no idea as to his politics. My focus was turning around businesses. and my family. My livelihood relied on my doing that, not on benefactors.
You are successful? With such a closed mind and tendency to follow around and snipe away at folks like you do, totally outside of anything being discussed? Hardly seems likely. You seek attention, but have shown no substance. Grow up.
— “What I have I earned based on hard work and skill.”
Agreed. I actually don’t doubt in the slightest your individual personal work ethic. I’m pretty sure you are a boss AND an employee I would appreciate.
— “Zionists are not folks I encountered on my journey, to best of my knowledge.”
Is any of your financial history involved with them?
— “You are successful?”
I am more counter-productive to my wealth potential in the current environment than not. I have to actively avoid accumulating financial success, yes.
— “With such a closed mind and tendency to follow around and snipe away at folks like you do, totally outside of anything being discussed?”
Perhaps you simply don’t, or won’t grasp the shots fired from those operating from a genuine position of freedom? To me, you are closed minded and have a tendency to follow. I don’t think this is fundamentally true… just a product of your current profit requirements.
— “You seek attention, but have shown no substance. Grow up.”
Let me put it this way: Admin knows if I wanted attention I would get it and be easily banned.
I avoid attention because I only care about thoughts… and seek to promote thoughts that will either live or die as their own.
What you are most afraid of, is the Llpoh brand falling into disrepair. That’s a problem for you for kind of silly reasons, cause Llpoh has already secured its foundation. So it shouldn’t care what anyone anywhere says.
Unless it depends on something it can’t admit in public.
Again, to best of my knowledge, I have not benefitted from any association with Zionists. I do have a great Jewish tax lawyer I use as needed. But whether he is Zionist I do not know. I handle all of my investments personally. My accountants are not Jewish, but whether they are Zionists I would not know. I am not of a background where I have had established relationships to draw upon.
Note: I’ve upvoted you and downvoted me in this exchange.
I look forward to the eternal accounting. We’ll see whether the best of your knowledge is accurate. It’ll be interesting to see where our chips fall.
As I said earlier, despite me giving you a lot of crap for not acknowledging Google is just an intelligence mafia laundromat, you seem to be someone I’d enjoy working for, with, or managing. It’s the last one that is the hardest to find, as you already know.
Just shut the hell up!
Lets be honest Jim. most people here dig and appreciate what you’re sayin. We’re here because people around us don’t want to deal with the doom and gloom narrative. People still want the American Dream, even though its dead. So here we are , blowin off steam. Hardscrablle actually did something about it, but who is really willing to bust their ass, really work to make a different reality. Not many. The irony is when you break your ass workin physically, you sleep like a baby, satisfied and content with a job well done. The jerkoff in a cubicle needs Ambien. To live you need a reason and a purpose. When this 20 trillion Titanic hits the ice, ditch diggers, food growers. builders and creators will sleep well at night.
Knowing a high six figure federal employee in some alphabet agency that we spend enourmous amounts of money for this person and his politically correct office full of walking talking rectums all convinced that the federal government and the American people are Lucky they bothered to get out of bed that day told me flat out when asked exactly what do you do and the reply was “BULL SHIT” . The office compiles figures for congress and senate along with the Oval Office to tell us how great everything is economicly and this person being of sound mind knows the truth but releases the opposite . Yes ladies and gentlemen we spend millions in salaries and benefits to have an entire grouping of government officials and employees to feed us a series of low life shit for brains motherfucking lies about everything . But remember they are doing it for our own good and the children ! They all drink the cool aid and act how important what they do is and we all who have taken the red pill know how full of shit every last one of them really are !
That’s why those guys are buying country land and getting guns. I read an article that said West Virginia real estate agents were doing a booming business taking DC-ites into the boonies to find remote properties.
The government makes stuff up? That’s never happened before. If you could make up the interest rate on your mortgage, you would opt for the a similar rate that the government chose for itself. Why pay interest if you don’t have to? The real surprise is people lap up this debt the second its issued. Of course the portion they lap up is the portion that isn’t immediately salted away at the fed. That’s another brilliant government ploy. Issue debt that never has to be repaid and spend the proceeds on your constituents. Best house of cards ever built but it is still a house of cards. They are never much good in a wind
8 bags of groceries, less than 1/2 a cart, no beef, chicken breasts on sale $1.67. Mostly just stuff, yogurt, Wheaties, fruit and vegetables. $138+. Not that many years ago I could top of a shopping cart for that price. Ironically all of the standard packaging has gotten smaller to top that off. Maybe I should give up eating.
Bob.
BostonBob, one does notice if you pay at least a little attention the time when a bag of groceries used to run about $10 a bag on average. This is just my observation. You know, you come out of the store having spent $60 and have six bags of groceries.
The one day you notice that those six bags of groceries now cost you $120 and you say “Wait a minute, there has to be a mistake here somewhere” and you check your receipt looking for a mistake at the register. But nope, it is spot on. This does not happen with 2% inflation. But the food industry which is now a global industry is also working to “maximize” it’s profits while the quality of foods imported from all over the world declines using new technologies to keep foods fresh and perfect looking for the American table. There are a lot of decisions being made for consumers into which they seem to have very little input. This includes the use of chemicals and things like GMO’s.
Classic Admin.
Any fool that goes to the store knows that inflation in high. The change in the sizes of boxes of rice, cereal, etc. should convince you of that.
Team Goy #432
If monetary inflation flows into asset prices, how do you know how to count inflation?
If you’re playing Monopoly ™, the banker starts creating a huge stack of new $500 bills but they only flow into, say, the Railroads, is there inflation? Becher-A, there is.
But if those $500 bills are not cash money but are instead IOU’s that themselves trade on the open market, what happens if one day the HERD decides that the issuer of all those IOU’s can not be trusted to honor them?
The money supply collapses.
Prices for properties collapse.
The “wealth” people counted upon, in the form of all those bonds (IOU’s) evaporates.
That is what will happen when this supervolcano-sized credit bubble finally blows.
Bully! It’s disgusting to get a giant cardboard monolith of a cereal box, only to open it and find a bag of air with some crushed-up cereal at the bottom. A jar of peanut butter has a huge hollow bulge in the bottom to cut out juuust a bit more product.
I believe that quote is originally from Mark Twain. I just looked that up. Nobody knows where it came from.
36 years of declining interest rates led to….
A bottomless market for debt, led to….
Congress spending like drunken sailors while cutting taxes, led to….
Corporations shipped manufacturing and jobs to low cost 3rd world places….
while consumers could still consume without actually working….
Meanwhile total wealth (stocks, bonds, real estate) skyrocketed in value….
even as total on-books debt rose to $200Tr plus….
and total debt-like arrangements rose to $1.25 Q (yes, that’s QUADrillion)….
meanwhile everyone above the age of 8 has a cell phone….
poor Americans drive cars and have multiple TVs,…..
And every person brought to the USA adds to GDP and the rising “wealth” in the Bond Ocean….
And foreigners with ACTIVE TUBERCULOSIS spread it….
and multi-drug resistant variants, requiring upwards of $1,000,000 to treat, come into the USA….
And gays spread STDs throughout their “community,” costing tens of thousand of dollars per year in additional “treatment,”…..
When, not if, WHEN this insanity finally passes, and people wake up to notice that we’re drowning in 100,000,000 more people in the USA than back in the 1970’s when pollution and overcrowding were ALREADY problems…….
People are going to Lose. Their. Sh%T.
+1000
Shrinkflation is alive and well…. They change the product packaging and make it look the same but in reality they have reduced the amount of product you actually get for the price you’re paying. On top of that, they systematically change the ingredients to include increase fillers and chemicals to reduce their cost regardless of the health consequences. Additionally small farmers are so regulated and unable to get their products to local consumers without 20 licenses and inspections for local, state and federal agencies that are following big AG induced regulations that are designed to squash independent food production. Further, they convert food into fuel (ethanol) at a tremendous cost the environment with government subsidies because it’s not economical without them.
We all could produce a list like the above to show just how much inflation is really consuming and crushing the middle class out of existence…. but we also all know that this is by DESIGN. Thankfully, I can still drive through Lancaster to the Amish farm stands to get reasonably priced food.