Manic Britain – Sun Tzu Speaks – Asian Gold – ‘TomatoGate’–– Idiocracy? – Inflation Revisited – ‘Less is More’ – MP’s Misinformation? – Letter from Great Britain – [03-04-23]

“Whether the mask is labelled fascism, democracy, or dictatorship of the proletariat, our great adversary remains the apparatus—the bureaucracy, the police, the military” – Simone Weil, Philosopher

HOT NEWS IN BRIEF: SCANDALS ABOUND this week which was manic in Britain with lots of controversial issues surfacing – too many to detail within my editorial limits, so here’s a quick & dirty rundown:

First, Monday saw Sunak claiming victory with the EU agreement on the Northern Ireland Protocol known as the ‘Windsor Framework’.  To seal the deal Oberst-Gruppenführer von Leyen, the unelected EU tyrant, met with our King for reasons unknown and everyone is horrified that Charles is now involved in politics!

The next day former Conservative MP Ann Widdecombe slammed Rishi Sunak saying:  “What a farce! We were sold yesterday a packet of nonsense.”  And Nigel Farage forecasts a depressing future for UK after the ‘exaggerated’ Windsor Framework.  More to come because nobody has seen the legalese yet after which maybe the smoke & mirrors will clear?

But on Wednesday the news was swamped with creepy Hancock back in the limelight and under attack when thousands of his WhatsApp messages were leaked to The Daily Telegraph, raising the temperature on the HMG Covid Inquiry yet to start and designed to bury the whole corrupt operation beneath years of pontifications – much more to come.

By Thursday, PartyGate was back in the spotlight as the chief investigator, Sue Gray, said she would join the Labour Party as Kier Starmer’s ‘Chief of Staff ‘ raising doubts about her ‘impartiality’ when compiling her PartyGate report.  Many of us believed she left vital details aside which are the subject of a Parliamentary Inquiry following Boris Johnson’s appalling partying during Britain’s dystopian lockdowns.

By Friday we were told that the Inquiry will open on March 20th to determine whether Boris lied as he faces a battle for his future in Parliament after a cross-party committee found there was significant evidence he misled MPs over lockdown parties, and that he and aides almost certainly knew at the time they were breaking rules. I guess this scandal will roll on for years especially now we learn that excess deaths in 2022 are the worst in half a century and oddly nobody seems to know why; something to bury for a long time.

All this pathetic theatre is designed, not only to confuse Joe Public and send him spinning into la-la land, but so obviously obscures the real crises in cost-of-living, illegal immigration, stealth taxes, inflation, war and all the horrors of a Sci-Fi movie coming true in real-time.

Then, in a final twist to end the week, we discovered that Prince Harry had effectively been exiled from Britain by King Charles instructing him to remove himself from his last remaining 5-bedroom, grace & favour ‘cottage’ on Windsor estate allowing Prince Andrew to move in!  There are serious ramifications for Harry now he has been excluded from all his UK royal privileges.  The legal eagles will have a ball explaining all the constitutional implications going forward.

FUN TIDBIT:  I often quote Sun Tzu from his tome, ‘The Art of War’, which many generals have used successfully in the past.  We can now apply his wisdom to our everyday life: Hat Tip Inugo Fun with ChatGPT  “If you can’t beat him, kick him in the balls” – (not Sun Tzu quote!)  Inugo offered this one minute video of fun to cheer us up this week – sound advice no doubt:

 

THOUGHT FOR THE WEEK:  Is gold ‘money’ – it looks like Eurasia thinks so and if not, why have so many central banks being buying it so eagerly?   Eurasia is the significant ‘Global South’ emerging multi-polar world led by the Eurasian Economic Union (EAEU) encompassing members of the Shanghai Cooperation Organisation (SCO) and BRICS+ (a rapidly expanding club of nations including non-Asian nations).  This grouping represents around 6 billion people versus just a billion or so in The Collective West. Who do you think is going to win the ongoing confrontation?

Consider what Putin said at the St Petersburg International Economic Forum in June last year:  “Caught in the inflationary storm, many nations are asking, why bother exchanging goods for dollars and euros when they are losing value right before our eyes?”  Indeed, the economy of imaginary wealth is being inevitably replaced by the economy of real valuables and hard assets.

According to the IMF, today’s global foreign currency reserves contain 7.1 trillion dollars and 2.5 trillion euros. And this money is depreciating at an annual rate of about 8%. Moreover, it can be confiscated or stolen at the whim of the US if it disapproves of something in a country’s policy, as happened to Russia last year.

“I think this has become a very real threat for many countries that keep their gold and foreign exchange reserves in these currencies. According to objective expert analysis, in the coming years a conversion process of global reserves will get under way. Reserves will be converted from weakening currencies into tangible resources like food, energy, commodities, and other raw materials. Clearly, this process will further fuel global dollar inflation.”

This message was delivered to 81 official delegations, and 14,000 delegates from a further 49 countries, including heads of state and government attending unofficially. Putin’s message was that central banks will be dumping dollars and euros and accumulating gold reserves instead — the only “tangible resources” they can own, not stored in western vaults where they can be impounded as has happened to Venezuela. And government agencies will stockpile essential commodities, raw materials, and food instead.

The statement on gold reserves was not so specific, but by disposing of dollars and euros, trade and foreign exchange liquidity is bound to swing in favour of gold. With central banks reported to have accumulated record quantities of bullion last year, they appear to agree with President Putin.

BREAKING NEWS: BRITAIN’S FOOD CRISIS:  If it doesn’t rain in these dismal islands – it pours!  ‘TomatoGate’ has sprouted into a full blown ‘VeggieCrash’ scandal as if the Brits hadn’t got enough woes to deal with.  There is now a run on turnips after shock advice from a ‘Foodie Minister’ last week.  As I suspected, it’s all about the money (as always).  The government’s food tsar has blamed Britain’s “weird supermarket culture” for recent food shortages, calling it a market failure .

Jack Ward, chief executive of the ‘British Growers Association (BGA)’, said supermarkets could also experience shortages of carrots, cabbage and cauliflower within weeks.  The BGA has also warned that the future of British apple and pear-growing is “on a knife edge”.

Paul Rowe, from ‘Poupart Imports’, which supplies independent retailers and UK wholesalers, said the shortages would last some time.  He said: “wholesale price dynamics are driving the shortages, adding that many growers have refused to unload their produce because UK supermarkets refuse to pay more.”  Yep, you can only screw suppliers so far until they vote with their feet, just like our workers. Jeff Thomas warned about this as far back as 2011! FOOD CRISIS – How it works

BUT this is not all – it seems that the maniacal NET ZERO policies are causing many farmers to quit across the US, UK and Europe – by design – as the Netherlands are experiencing now (but hidden by the MSM). Here’s what a US farmer tells us from the grass-roots – he recommends to shop local and other good advice as Globalists like Bill Gates take over productive land for their own nefarious purposes.

However – we visited Lidl and Morrisons on Tuesday and no problems at all, full shelves, no ‘rationing, we got all we needed. Not sure what’s going on, maybe more MSM fear-porn?  Stay tuned.

 

BRITAIN APPEARS TO BE SUFFERING A DEFICIT OF HONESTY:  If you are a politician, is dishonesty the best policy?  In life, of course, people avow that honesty is the best policy, a phrase often attributed to US founding father Benjamin Franklin. This is not to suggest you should be brutally honest in all situations; small, white lies are obviously considered to be an exception.

Boris Johnson is a prime example of how successful you can be in politics whilst displaying pathological tendencies to defy blatant truths by invoking a hopeless defence of his misbehaviour.  This week was no exception when he has slammed the Sue Gray PartyGate report as a “cynical stitch-up”.  He insisted he will be “vindicated” by a report from MPs and said it will prove that he did not knowingly mislead Parliament.

We live in what our rulers claim is a ‘democracy’ but we all know this is an unreal façade.  I’m not sure what we are actually living in, as it’s hard to say, whether we’re dealing with kleptocracy (a government ruled by thieves), kakistocracy (a government run by unprincipled career politicians, corporations and thieves that panders to the worst vices in our nature and has little regard for the rights of its citizens), or have we’ve gone straight to an idiocracy as described in a 2016 TIME magazine column which critiqued the sci-fi comedy ‘Idiocracy’ set 500 years in the future?

But honesty is the best policy for very obvious reasons; sincerity, trust, realism are contingent on being authentic. Franklin was known to be honest in business, as his puritan values dictated, and became a successful printer on the back of the trust his approach to life generated. This remains true for so many businesses, prior and subsequent.

It’s worth noting that, in theory, dishonesty is a one-way street because in the real world, a hundred truths don’t mitigate a single lie, or at least not completely. Once you have been caught lying, finding your way back to being regarded as honest is an uphill battle. Just ask Boris Johnson.

So at this point, the cynics climb in. There are thousands of jokes about honesty being the best policy.  A favourite is the cartoon that shows two business people, one saying to the other: “It’s a concept we like to explore, but I wouldn’t describe honesty as company policy, as such”.  But I think the most quoted response to the notion is this: “I have found that the appearance of honesty is the best policy”. This brings me to politicians.

We don’t really expect politicians to be honest anymore; the notion is considered “unrealistic”. And it goes further than that; some people regard it a positive error if you are in politics and you have a sudden outbreak of honesty because then your opponents can and will use it against you forever.

No politician in the modern era will ever admit to a mistake, because if they do, it would be forever used as a stick against them. You would, in this view of the world, just be providing ammunition to your opponents. Actually, I have found many companies have the same policy. Rather gloss over some issue than speak the plain truth, even when the plain truth is there for everyone to see, perhaps especially if its plain for everyone to see. It is what it is. That’s the modern approach to “explaining” something.

So obviously, I realise there is a risk of a TikTok meme out there of some politician admitting to some failing that is forever recycled at every opportunity by his or her opponents. Social media has quietly inverted the law of the lie: now, instead of a single lie obviating a hundred truths and diminishing a person’s prospects, the single truth can perform the same service as Hancock discovered this week.

Nobody is in any doubt about why Britain’s economic growth is lagging; why not just say, “we made a series of terrible mistakes, now we are going to correct them and prove to you we are still worthy of your trust”. Wouldn’t you, as a politician, get some kind of credit for that?  It’s sad, but apparently not, so the cover-ups and official obfuscations of HMG and their Establishment sycophants will just go rolling on.

 

INFLATION WATCH:  Last week I looked at stealth inflation and shrinkflation but it’s worth looking at history to clarify how it feels in reality.  The British pound has lost 99.7% of its value since 1751; inflation accumulates just like compound interest we looked at last week, it’s creepy and sinister.

£100 in 1751 is equivalent in purchasing power to about £26,500 today.  The pound had an average inflation rate of 2.11% per year between 1751 and today, producing a cumulative price increase of 26,500%!  This means that today’s prices are 265 times higher than average prices in1751, according to the Office for National Statistics composite price index. A pound today only buys 0.35% of what it could buy back then.

The inflation rate in 1751 was -ve1.96%. The current inflation rate compared to last year is now 10.70%. If this number holds, £100 today will be equivalent in today’s buying power of £110.70 next year.  A calculator for fun and games is HERE

SURVIVAL MONITOR:  THERE IS MUCH TALK ABOUT CBDCs these days; BOOM believes this is nothing but propaganda puff.  However, even though they have failed recently in the Nigerian trial, it’s worth being prepared to resist CBDCs anyway as the Globalists are likely at minimum to attempt imposing some version of them since we know that the Anglo/American financial system is due to fail sometime, thus a reset is required.

No matter what edicts, decrees, or laws that politicians pass, they will never be able to fully extinguish the desire of people to use alternatives to CBDCs. Consider Venezuela, Zimbabwe, Argentina, Lebanon, and many other countries that have restricted the use of US dollars today.  All it does is drive exchange into thriving black markets or, more accurately, a free market for alternative currencies in a parallel financial system.

We can expect the same kind of dynamic if governments impose CBDCs. I have no doubt significant parallel systems and underground markets will naturally emerge. Anyone who wants to avoid ‘CBDC enslavement’ must learn to manage in an environment devoid of the common checks and balances we have experienced in our lifetimes.

During the family stage of my life I lived for 20+ years BI (Before Internet) owning a smallholding deep in rural SW England. I was guided by John Seymore’s book Self-Sufficiency‘ learning many skills, tricks and lessons which my children have carried on into their lives.

Below are steps anyone can take to opt out of the planned dystopia even if it never arrives. They provide a valuable resource to protect, survive and prosper during the coming economic depression as well as offering a healthy and rewarding lifestyle regardless of what the future brings:

  • Use other forms of money, such as local currency, promissory notes, and bills of exchange.
  • Learn how local economies work outside the traditional system and emulate areas that make sense in our local communities.  For example the Amish are incredibly successful in this regard.
  • Understanding what value you can provide to others in your local community and how you can exchange that for something you want. Note that local communities can never be self-sustaining whilst maintaining current living standards. There will always be a need to network and trade with other localities.
  • Be prepared to reduce your expectations of our 21st century consumer/landfill economy.  Dump ‘stuff’, aim towards more natural products, and focus on ‘Less is More’
  • Become as self-sufficient in as many areas as possible. That includes stockpiling seasonal produce using traditional preservation methods and dump deep-freezers. Learn foraging and gardening skills.  Learn basic survival knowledge and craft skills avoiding electrical devices where possible.
  • Engage traditional local energy systems whilst taking advantage of appropriate modern technologies such as wind-driven system and solar devices.
  • Learn how to use local communication systems such as ham radio using repairable equipment.  Training in ‘Morse Code’ will offer a low-power transmission system.

Professor Werner seems to have a good idea of where this is going, after all he invented QE:

 

NARRATIVE BATTLE:  Andrew Bridgen MP details the alleged bribery he has endured from Number 10 to get him to stop speaking out about the COVID-19 ‘vaccines’:  “They tried to buy me”, they asked: “What do you want? You can have anything you want”’

If the Covid ‘vaccine’ genocide crew were actually telling the truth about the safety, need and efficiency of the Covid ‘vaccines’:

  • They would not need to call people who are speaking out against a ‘vaccine’ genocide, conspiracy theorists.
  • They would not need to label the truth about the damage caused by these ‘vaccines’ “Misinformation”.
  • Doctors would not lie to their ‘vaccine’ injured and killed patients and families about the injury they have suffered.  They would not defer any actual help by gaslighting them, telling them it’s all in their head.  They would not go on wild goose chases looking for answers in any place except the ‘vaccines’.
  • They would not need to censor, try to silence or bribe people to stop speaking out about the damage caused.

If they were telling the truth they would simply prove it but they know that they can’t and inevitably the truth is now leaking out from all the cracks and fissures in their fairy stories.

UNTIL NEXT WEEK:  For more, read: “The Financial Jigsaw”: Scroll:   https://www.researchgate.net/publication/358117070_THE_FINANCIAL_JIGSAW_-_PART_1_-_4th_Edition_2020   including regular updates.  For a  free PDF copy e-Books, Parts 1 & 2,  email; [email protected]

AUSTRIAN’S NEWSLETTER ARCHIVE: https://www.theburningplatform.com/author/austrian-peter/

COVID & FINANCE LINKS: [I will not be commenting specifically on Covid in future because my colleague covers daily updates at his websites]:  YOUR DAILY COVID NEWS (cmnnews.org) and BOOM Finance & Economics (boomfinanceandeconomics.com) plus BOOM Finance and Economics | Designed for Critical Thinkers — UPDATED WEEKLY (wordpress.com)

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Author: Austrian Peter

Peter J. Underwood is a retired international accountant and qualified humanistic counsellor living in Bruton, UK, with his wife, Yvonne. He pursued a career as an entrepreneur and business consultant, having founded several successful businesses in the UK and South Africa His latest Substack blog describes the African concept of Ubuntu - a system of localised community support using a gift economy model.

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11 Comments
DS
DS
March 4, 2023 11:16 am

Thanks Peter, you always provide a great view of UK economics and politics for us ‘Muricans.

When I saw the title of pric Harry’s book, I thought that it was calculated to be hipster clever — but it also reveals the victimization mindset of the zeitgeist. However, the whole thing itself is probably just more staged theatre from “our betters”…

The Central Scrutinizer
The Central Scrutinizer
  DS
March 4, 2023 4:02 pm

True it is. Pete does stalwart work which is going largely unrecognized. I can only speculate as to why.

rhs jr
rhs jr
March 4, 2023 12:00 pm

The Globalist have outdone (undone) themselves with excessive Pogroms against the masses as dazed and bewildered deceived sheeple shake off the Oligarchs Brainwashing: Genocidal CDC Protocols and CV-19 Clot Shots, Excessive Deaths, electronic vote frauds, Geo-Engineered caused Climate problems, food and fuel (F&F) sabotage, crooked politicians and courts, controlled media and censorship, welfare abuses and warfare madness, diversity and open border denigrations, and the Cherry on the Top of their Treachery was to be their CBDC. It’s like TPTB in their mad dash to install the final chains of their NWO and Global Tyranny have clumsily stuck Joe Public’s privates into a light socket while pile driving him from behind with a police batton, and woke him up from his deep brainwashed insoucient slumber. We are hopefully on the Cusp of a Reset alright but the opposite of what the Oligarchs had in mind. Hopefully we will see their plans for “Global 1984” come crashing down like the Iron Curtain and Berlin Wall did on the Soviet Oligarchs in 1989 and We The People escape the thunderous roar of their trap door slamming shut like the gates of Hell behind on a Soul saved at the last seconds. Please Support the brave Patriot Watchmen on the Wall blowing their warning trumpets (like Peter Underwood) and the honorable politicians submitting Bills to block NWO Schemes (like Tom Emmer and the 9 cosponsors of his US House Bill to outlaw CBDCs).

rhs jr
rhs jr
  Austrian Peter
March 7, 2023 9:03 pm

With all the spy equipment and government agencies TPTB have, they don’t even need injectable vaccine chips. PS: What’s coming into view is ZOG Slavery. People need to read us; maybe I should pour gas over my head and light it to get some coverage? We need to find some sex bombshell with a brain to become our organizational press spokes person; just reporting critical life saving Truths here isn’t turning anybodies head Hosea 4:6.

Jdog
Jdog
March 4, 2023 12:05 pm

The fact that we have entered the realm of Idiocracy is no longer debatable I am afraid. As is highlighted on “The Duran” Clown world, is simply a reading of the current political decisions of the day.
Simply look at our current situation. We are losing a war in Ukraine, due to our leaders inability to perceive reality.
We are bankrupting our economies, and weakening our militaries to the point of effecting our defense capabilities.
We are entering economic recession due to years of fiscal mismanagement. So what is our solution to these problems. To start and economic and possibly kinetic war with China…. Scholz just met with Biden in order for Biden to strong arm Germany into yet another self destructive act by backing the US leveling sanctions against China for supplying arms to Russia, which while perfectly within its rights to do, but it has not done.
The complete idiocy of starting a trade war with China is unbelievable. China has the ability to destroy both the US and Europe economically. Even a partial embargo by China would push current levels of inflation into hyperinflation as goods became unavailable and desperation entered the free markets. The Stock Markets would crash and defaults in the bond markets would be rampant. Social order would crumble as things that are not available to be purchased would be obtained by theft or robbery of homes and businesses..

Cannuck21
Cannuck21
March 4, 2023 8:15 pm

Thank you Peter for another excellent post!