Category Hyper Inflation

Sep 18 2022

Leaving California?


Armstrong Economics Blog/Uncategorized Re-Posted Sep 18, 2022 by Martin Armstrong

Sep 18 2022

Harvard Attorney and TikTok Influencer States Soros Funded Group Offered to Pay $400 For Anti-Trump Propaganda Video About January 6th


Posted originally on the conservative tree house on September 17, 2022 | Sundance 

(HatTip Twitter and The Gateway Pundit) Attorney Preston Moore received his JD from Harvard Law School and currently works at a law firm Beasley Allen in Atlanta, Georgia.  Mr. Moore does videos on TikTok and is considered a well followed influencer on the social media platform.

Mr. Moore recently disclosed on a video that he was contacted by a person from the Good Information Foundation, a non-profit arm of the Good Information Inc organization.  {Direct Rumble Link} Good Information Inc was founded by billionaires Reid Hoffman and George Soros {citation}.  Mr Moore recently stated in one of his videos that he was offered $400 by the Good Information group, to spread false and defamatory information about President Trump related to the January 6 investigation.  WATCH:

According to a 2021 article by Axios, “Good Information Inc. aims to fund and scale businesses that cut through echo chambers with fact-based information. As part of its mission, it plans to invest in local news companies. The group [is] led by Tara McGowan, a former Democratic strategist who previously ran a progressive non-profit called ACRONYM.” {citation}

Put it all together and what we have is George Soros funding a progressive entity under the auspices of providing “Good Information,” that is actually political disinformation and false claims intended to do damage to political opposition and create false narratives.  Mr. Moore is outlining is intentional fraud, funded by George Soros and organized by Democrat strategist Tara McGowan.

Sep 18 2022

President Trump Save America Rally, Youngstown Ohio – 7pm ET Livestream


Posted originally on the conservative tree house on September 17, 2022 | Sundance

Tonight, President Donald J. Trump, is headed to Youngstown, Ohio, for a 2022 midterm Save America Rally to benefit Ohio candidates including JD Vance.  Several speakers are anticipated including Ohio Representative Jim Jordan.  President Trump is scheduled to deliver his remarks at 7:00pm ET.  Livestream Links Below:

RSBN Direct Rumble Link – Trump Campaign Direct Rumble Link – Alternate Direct Rumble Link

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Sep 18 2022

President Trump Shares Article About a Trump v DeSantis Matchup


Posted originally on the conservative tree house on September 17, 2022 | Sundance

The ‘cut to the chase‘ aspect of whether Ron DeSantis is planning to run for the GOP nomination in 2024 is made clear when you realize just how much money the Florida governor has amassed.  A standing total exceeding $200 million.

That $200 million is not only a staggering amount far beyond the need for his virtually certain governor’s victory, but also the largest amount of campaign money ever assembled by a governor in the history of politics {citation}. Meg Whitman, California ($176 million), and Jay Pritzker, Illinois ($176 million), were both multi-millionaires and funded the majority of their war chest.  Almost all (96%) of DeSantis’ money is coming from multinational corporations, hedge funds, Wall Street firms and billionaires {citation}.

For those who are unfamiliar with the strategies of political funding, there is a timing that also highlights the intent.  A conspicuously aligned timing that coincides with the Trump raid on Mar-a-Lago.  Campaign finance reports are required and filled out quarterly.  DeSantis had a massive war chest assembled through August 5th.

That finance revelation was immediately before the August 8th raid, before the week in the bunker, and before DeSantis reemerged August 14th with a new national branding team and communication change.

DeSantis took in even more billionaire donor checks with the national kick-off.

Everybody familiar with politics knows what that level of preparation and strategy means.  DeSantis wasn’t amassing money of that scale, and simultaneously launching a new national branding campaign, for a state reelection bid.  He was/is preparing for a 2024 presidential run.  The only question was whether DeSantis had direct knowledge of the August 8th raid on Trump in advance, or whether he was just told not to ask questions and follow the advice of his new GOPe team.  The latter is more likely.

That said, the best laid plans of mice and men were disrupted by the MAGA response to the Trump raid.  As noted in the article shared by President Trump today, the professional republican donor class had -not accidentally- done a great job using their piranhas to nibble away at Trump’s support prior to the August 8th raid.  However, the raid rallied the base of MAGA back to defend Donald Trump.

By the time DeSantis came out of his pre-planned bunker phase (Aug 8th through Aug 14th) the support for Donald Trump had surged again.  The professionally republican handlers launched the national DeSantis campaign into indefatigable pro-Trump headwinds.  DeSantis Inc stuck to the plan, but the benefit they anticipated was not there.

Unfortunately for DeSantis there’s no good way to retreat from the 2024 strategy his handlers and donors have mapped out.  They have pushed him ‘all-in.’ I don’t think it’s possible for DeSantis Inc to back-down after accepting all that GOPe money, unless there is a way for them to return or redirect it.

The article President Trump shared today is a good contextual article describing the accuracy of the Trump -v- DeSantis landscape as it existed on August 29th, the date it was written.

One of the citations in the article points to John Thomas who was prepared with a pro-DeSantis PAC if the republican plan against Trump had succeeded.

As noted, the plan didn’t succeed, and with the outcome of the fulcrum event, the Mar-a-Lago raid, not having the desired effect, Thomas has now abandoned the idea of using the PAC to advance DeSantis.

(Business Insider) – […] But at least one GOP operative — John Thomas, founder and president of the political advertising and strategy group Thomas Partners Strategies — thinks it’s better for DeSantis to wait than to try to challenge Trump in 2024. 

“I wouldn’t advise him to go head to head with Trump,” Thomas told Insider. “It’s not gonna go well for DeSantis.” 

Until recently, Thomas was independently readying a political action committee to support DeSantis running for president.

But now he predicts DeSantis would be unsuccessful if he tried to challenge Trump. If DeSantis were to run, he said, he wouldn’t have to just compete with Trump’s name recognition and donor network. DeSantis would also risk seeing what would happen if Trump’s followers suddenly viewed him as anti-Trump.

Right now, DeSantis is seen as not just pro-Trump but as being Trump 2.0, Thomas said. To run against Trump, he said, DeSantis would have to convince Trump’s core electorate to break away from him.

“Right now he can have his cake and eat it too,” he said. “He can be Trumpy and supportive. But he would have to argue that he’s better, or Trump is bad. And that is a fault line that is probably a bridge too far for the Republican electorate in 2024.” (read more)

Sep 17 2022

Inflation Debate


Armstrong Economics Blog/Inflation Re-Posted Sep 17, 2022 by Martin Armstrong

Sep 15 2022

Switzerland to Imprison People for Heating Homes


Armstrong Economics Blog/Climate Re-Posted Sep 15, 2022 by Martin Armstrong

Imagine going to jail for three long years for heating your home or business. That now may become a reality in Switzerland, where heating your home above 19 C (66.2 F) is considered excessive and a punishable offense. Water may not be heated above 60C (140F), and saunas and hot tubs powered by radiant heaters are prohibited. Indoor swimming pools also must remain cold.

Markus Sporndli, a spokesman for the Federal Department of Finance, said that people could be charged a daily fine of 30 francs for disobeying, but the fee could spike to 3,000 francs. The government is warning that there could be “spot checks” and said they would send authorities if someone reports a resident or business for breaking the law. Switzerland imposed fines and expected neighbors to turn on one another for COVID, and this is yet another power grab.

The law is still being finalized, but this is yet another way for the government to turn the common person into a criminal. The government, not the people, created this energy crisis and now demands that the people suffer for their mismanagement. Some are calling these measures “Green fascism” or “ecofascism.”

Historian Michael E. Zimmerman defined ecofascism as follows: “a totalitarian government that requires individuals to sacrifice their interests to the well-being of the ‘land,’ understood as the splendid web of life, or the organic whole of nature, including peoples and their states.” Expect to see this trend rise as temperatures decline.

Sep 14 2022

Biden Celebrates Inflation Reduction Act as Stock Market Collapses Due to Massive Inflation Report


Posted originally on the conservative tree house on September 13, 2022 | Sundance

If there was ever an audio-visual of the disconnect between Joe Biden policy and the horrific consequences they create, today would be the case study.

As the stock market is plummeting after a horrific inflation report from the Bureau of Labor and Statistics, Joe Biden is simultaneously celebrating the passage of the “Inflation Reduction Act,” most commonly known as the Green New Deal.  WATCH:

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The same thing happened on Fox News.

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Sep 14 2022

Despite Temporarily Lower Gasoline Prices, August Inflation Skyrockets with Biggest Jump in Food Prices Since 1979


Posted Originally on the conservative tree house on September 13, 2022 | Sundance

We are in an abusive relationship with our own government. If you want a real-time example of how governmental bureaucracy fits into this statement, look no further than the footnote at the bottom of this article ¹cited from the BLS report today.

The Bureau of Labor and Statistics (BLS) has released the August inflation data today [DATA HERE] with a top line at 8.3 percent year over year.  Unfortunately, things are unfolding exactly as we previously shared.  [Modified Table 1 at left]

Despite the temporary drop in gasoline prices (-12%), the costs of food (+13.5%), electricity (+15.8%) and housing (+6.7%) are crushing U.S. consumers.  The stock market is responding accordingly.  We can only imagine the inflation data if the heavily weighted gasoline factor was not pushing overall toplines down.  Estimation of inflation would be well over double digits.

Keep in mind, as you read this review the price of the current harvest (prior field costs) is only right now coming into the food supply chain.

Food inflation is running at its highest rate since 1979 (+11.4%) and it will go higher as the third wave in this sector hits.

To give you an example, margarine increased in price 7% in August alone, that’s an annualized rate of 94% [Table 2 details].  Flour is also on pace for another 22.8% increase right as the holiday baking season begins.

We cannot eat gold, silver or durable goods.  Electricity, home heating (natural gas), food and housing costs are priorities right now.  Main Street USA is being crushed by Joe Biden overall economic and energy policies.  It’s bad now, and going to get worse – much worse, as the third wave of food inflation has only just begun.

¹Before sharing a MSM perspective I want to draw your attention to the BLS notation for 2023.  This innocuous footnote tells us just how manipulative the governmental bureaucracies are:

In order to give the statistical appearance of things being better than they are, the BLS is going to reset their weighting for the CPI to only compare against 2021.  This is being done with purpose to give the illusion next year that things are not as bad.  2021 was when Joe Biden’s inflation policies first surfaced. By comparing consumer prices to the timing when those prices first increased, the scale of future price increases will be statistically diminished.  We are in an abusive relationship with our government.

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(CNBC) – Inflation rose more than expected in August as rising shelter and food costs offset a drop in gas prices, the Bureau of Labor Statistics reported Tuesday.

The consumer price index, which tracks a broad swath of goods and services, increased 0.1% for the month and 8.3% over the past year. Excluding volatile food and energy costs, CPI rose 0.6% from July and 6.3% from the same month in 2021.

Economists had been expecting headline inflation to fall 0.1% and core to increase 0.3%, according to Dow Jones estimates. The respective year-over-year forecasts were for 8% and 6% gains.

Energy prices fell 5% for the month, led by a 10.6% slide in the gasoline index. However, those declines were offset by increases elsewhere.

The food index increased 0.8% in August and shelter costs, which make up about one-third of the weighting in the CPI, jumped 0.7% and are up 6.2% from a year ago. (read more)

For readers who do advanced preparation to offset prices.  THINK BEEF right now, you will thank me four months from now.  If you see a deal now, buy it and freeze it now. Anticipate retail ground beef costs be somewhere around $10 to $15/lb by spring to mid 2023 perhaps even higher.  Also remember, processed foods will increase in price at twice the rate of the fresh food sector.  Both fresh and processed food prices will rise, but the increased costs associated with the food processing will double the price.

Sep 7 2022

Tucker Carlson Outlines the Totalitarian Outlook of Joe Biden


Posted originally on the conservative tree house on September 6, 2022 | Sundance 

During the second segment of his opening monologue tonight Tucker Carlson accurately outlined the connective tissue behind the Democrat/Biden authoritarian agenda.  Carlson omitted the ideological connections to the totalitarian covid-19 mandates, which present excellent examples of the outlook; nonetheless, Carlson accurately outlined the continuum that Biden and his handlers are traveling.

According to the fiats of the power-centric focus, all opposition to the Biden agenda is bigoted racism and domestic extremism.  Not accidentally, the White House deployment of targeting orders toward their social media allies, mirrors the actions by Ukraine President Volodymyr Zelenskyy in silencing his political opposition, barring media from criticizing him and making political opposition illegal.  Both Biden and Zelenskyy are totalitarian figures hiding behind the false ruse of democracy.  WATCH:

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Sep 7 2022

Two More EU Aluminum Smelters Going Offline Due to Excessive Energy Costs, Aluminum Shortages Predicted


Posted originally on the conservative tree house on September 6, 2022 | Sundance 

On one hand losing the ability to manufacture aluminum is bad news for any economic activity that requires the use of aluminum.  However, on the other hand, this politically guided ‘new world’ we are going toward doesn’t need aluminum, because you cannot eat it.

Predictably 2023 is going to be the beginning of several ‘Build Back Better’ decades where the ownership of material things disappears.  When your wages are focused on sustaining yourself with housing, food and energy, all of those other purchases become mere indulgences.

Sustainable life in equity with the needs of the planet, means returning to the era when you received an orange or a piece of chocolate as a Christmas gift, and you are thankful. Cars, appliances, phones or other types of luxury durable goods are indulgences which become out of reach for the worker class.  Thus, removing smelters, iron works, factories and other heavy industrial machines only makes sense.

As meager wage earnings are focused on purchases to sustain life, there is little room for indulgences.  As the World Economic Forum has stated, we will own nothing and we will be happy.  Happiness experiences will be provided and the virtual metaverse will fill our needs.

LONDON, Sept 1 (Reuters) – Two more European aluminium smelters are powering down as the region’s energy crisis shows no signs of abating.

Slovenia’s Talum will reduce output to just a fifth of capacity and Alcoa (AA.N) will curtail one line at its Lista plant in Norway.

Close to 1 million tonnes of European primary aluminum capacity is now offline and more may follow as a notoriously power-hungry sector struggles to cope with soaring energy costs.  (read more)

Again, I return to the imagery surrounding our foundational questions, and hopefully things are starting to make sense.