Producer Prices Rose 8.6 Percent in October, Massive Inflation Continues With No Signs of Slowing Down


Posted originally on the conservative tree house on November 9, 2021 | Sundance | 297 Comments

This might be somewhat preaching to the choir, but it’s the only way I know to help Treepers prepare their families according to very visible economic signals happening just over the horizon. Back in August, when we discussed the massive inflation that was climbing straight up, I warned everyone to look behind the finished good prices, into the prices of origination and intermediate goods. {Go Deep}

The “producer price index” is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate and Final. The final product inflation rate in July (reported in August) was alarming at 7.8%. However, we warned of much higher flowing into the supply chain.

Today, The Bureau of Labor and Statistics (BLS) released stunning price data for October [DATA Here], showing a dramatic 8.6% price increase in Final Demand products at the wholesale level.  As expected prices are still going up, and there’s no end in sight, because the raw material inflation is still higher than current.

[BLS] “The Producer Price Index for final demand increased 0.6 percent in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.5 percent in September and 0.7 percent in August. (See table A.) On an unadjusted basis, the final demand index rose 8.6 percent for the 12 months ended in October.”  (more)

I modified Table A (final demand product pricing) taking out some of the noise to make it a little easier to see the big picture of what is happening.

When you see the wholesale level of prices almost double the increase in consumer level inflation rate, you can predict that consumer prices will likely go even higher.  Future finished goods at a retail level will carry the current wholesale price increase.

Stuff costs a lot now… and because the inbound stuff to make the finished goods is still climbing in price…. stuff is about to cost even more.   You can see this in the inflation rate of intermediate goods which I have highlighted below.

You can see from Table A that finished good prices are still climbing.  That’s the higher price inflation you are feeling when you buy a product.

More alarming is to look at the “intermediate demand” products [Table B below] as they flow through the manufacturing system.  Two types of products are at the intermediate wholesale level:  Processed Goods, and Unprocessed goods.

I have again modified Table B to remove the noise.  Notice two key aspects:

(1) Prices for both types of products are still climbing in the manufacturing process.  Compare August, Sept., and Oct., noticing how the prices are still climbing.  Some of that has to do with energy and fuel costs still climbing.  The increasing prices for gasoline build into each part of the transportation process.

(2) Notice the scale of the increase in the prices from prior months.  The trend line is not leveling off, instead it’s doing the opposite.  The rate of inflationary climb (price increase), at the intermediate level of goods coming into the system, is getting even more steep.  The stuff coming into the manufacturing process is not only costing more, it is costing much more than before.

The wholesale prices of products into the system that end up at the retail level is still through the roof.   In a major way, this is being driven by massive increases in energy costs throughout the entire supply chain.

This is going to get even uglier.  Even if wages jumped in price 5% overnight (single month), which would be a large increase in wages, those wage increases are nowhere near enough to deal with this level of price increase at a consumer level.   A nickel more per dollar earned is futile against a loaf of bread costing $1 more, or gasoline at $4.00/gal.

Do what you can do now to start preparing your weekly budget in ways you may not have thought about before.   Shop sales, use coupons, look for discounts and products that can be reformulated into multiple meals or multiple uses.   Shelf-stable food products that can be muti-purposed with proteins is a good start.

Consider purchasing the raw materials for cleaning products and reformulate them yourself to avoid these massive increases in petroleum costs.  Most working families use laundry detergent, and that cost is going through the roof with no signs of slowing down.

♦ EXAMPLE – Several years ago, a dear friend showed us a method for making laundry detergent at home along with a bucket.  After using this for several weeks (and then making it) I was stunned at how simple, cost-effective, and good it works. Not only does it save big $$, but it works better than, or at least as good as, Tide or any other high-priced name brand product for literally pennies on the dollar.

What You’ll Need: {check your local store’s laundry aisle}

  • 1/2 Cup: Arm & Hammer Super Washing Soda {not Baking Soda}
  • 1/2 Cup: Borax {you might be able to print a coupon here}
  • 1/3 Bar of Fels-Naptha Soap {Mark the bar in thirds before using}
  • Bucket {3 gallon size }
  • Empty laundry detergent containers or bucket with lid to store detergent.

How to make:

Use small cheese grater to grate 1/3 bar of Fels-Naptha Soap over large pot or saucepan…

  • Add 6 cups of water.
  • Heat over medium-high until soap dissolves and melts.
  • Add 1/2 cup Washing Soda & 1/2 cup Borax, and stir until dissolved.
  • Remove from heat and set aside.
  • Pour 4 cups hot water into bucket, then add Soap Mixture.
  • Stir well, then add 1 Gallon + 6 Cups of additional water. Stir.
  • Transfer to a bucket with a lid, or pour into empty laundry detergent containers.
  • Set aside, and let it sit overnight, or up to 24 hours, to thicken and gel up.  It will likely turn into a gel overnight.
  • Consistency and color will vary depending on your soap & water ~ it may be lumpy and watery ~ kind of like a watery gel, but it works great!
  • Stir or shake before each use, as it will continue to gel.

How Much Will it Cost?

This recipe makes a low-sudsing detergent, and remember, it will turn to a liquid/gel after it settles, so you will need to shake the container before use. You can also pour it into a spray bottle to use as a pre-spot treatment. The 3 ingredients will make at least 3 batches and will last a long time.

I would not present this idea if it did not work exceptionally well, this was one of the most useful tricks I learned to stretch a budget that really does save money and work even better than high-priced laundry detergents.   The home made detergent even removes hard soils and red clay stains from clothing remarkably well.

We are all in this together!

U.S. Fifth Circuit Court of Appeals Issues Temporary Injunction Blocking OSHA Vaccination Mandate, Administration Must Respond by 5pm Monday


Posted originally on November 8thNovember 6, 2021 | Sundance | 252 Comments

A three judge panel in the U.S. Court of Appeals for the Fifth Circuit in Louisiana has temporarily blocked the Biden administration OSHA vaccination mandate [Court Ruling Available Here].

A group of states including Louisiana and Texas along with businesses, religious groups and organizations filed their petition on Friday with the court. The Biden administration must reply to the court by 5:00pm Monday thereafter the court will decide if a permanent injunction is warranted.

New York Times – […] At the core of the legal challenge is the question of whether OSHA exceeded its authority in issuing the rule and whether such a mandate would need to be passed by Congress. […] The suit against the mandate stated that President Biden “set the legislative policy” of substantially increasing the number of Americans covered by vaccination requirements, and “then set binding rules enforced with the threat of large fines.”

“That is a quintessential legislative act — and one wholly unrelated to the purpose of OSHA itself, which is protecting workplace safety,” the suit said. “Nowhere in OSHA’s enabling legislation does Congress confer upon it the power to end pandemics.”

A separate lawsuit against the new rule was also filed on Friday in the Court of Appeals for the Eighth Circuit in St. Louis by 11 Republican-led states, among them Texas, Mississippi, South Carolina and Utah.

The Fifth Circuit panel said in a brief order, signed by a deputy clerk, that the judges were blocking the regulation “because the petitions give cause to believe there are grave statutory and constitutional issues with the mandate.” It said the rule was suspended “pending further action by this court.” (read more)

(Source)

A Note About Modern Fascism


Posted originally on the conservative tree house on November 6, 2021 | Sundance | 266 Comments

Traditional Fascism was defined as an authoritarian government working hand-in-glove with corporations to achieve totalitarian objectives. A centralized autocratic government headed by a dictatorial leader, using severe economic and social regimentation, and forcible suppression of opposition.

That governmental system didn’t work in the long-term because the underlying principles driving free people rejected government authoritarianism.  Fascist governments collapsed and the corporate beneficiaries were nulled and scorned.  Then along came a new approach to achieve the same objective.

The World Economic Forum (WEF) was created to use the same fundamental associations of government and corporations.  Only this time the corporations organized to tell the governments what to do.  The WEF was organized for multinational corporations to assemble and tell the various governments how to cooperate to achieve control.

Fascism is still the underlying premise, the WEF just flipped the internal dynamic.

The assembly of the massive multinational corporations, banks and finance offices now summon the government leaders to come to their assembly and receive their instructions.  Some have called this corporatism. However, the relationship between government and multinationals is just fascism essentially reversed with the government doing what the corporations tell them to do.

One brutally obvious example: Big Pharma telling governments to promote the vaccine, and figure out the control details later….

~ Smiley Faced WEF Fascism ~

Now consider:

A massive multinational corporate conglomerate; telling a centralized autocratic government leader what to do; and using severe economic and social regimentation as a control mechanism; combined with forcible suppression of opposition by both the corporations and government.

Now, doesn’t that define our current reality?

Massive Protest Today in Melbourne Australia Against Proposed COVID Laws and Opposition to Mandates


Posted originally on the conservative Tree house on November 5, 2021 | Sundance | 95 Comments

A massive protest is currently underway in the streets of Melbourne Australia (State of Victoria), where it is currently Saturday morning.  Thousands of people are protesting the efforts of the Victoria government to codify COVID regulations into permanent law making the outrageous lockdown rules a permanent part of the toolbox for oppressive government control.

[WATCH Facebook Livestream HERE]

Sky News has more details HERE.

The State of Victoria, Melbourne area, led by Premier Daniel Andrews has been the epicenter of some of the most brutal police action against protestors.  However, due to the scale of the crowds, it appears the police are no longer going to attempt to beat them into submission again or use rubber bullets.

It appears the international spotlight, provided by alternative media breaking through the control of the government media, has led to shame upon the political establishment.  The police no longer seem willing to participate in the government efforts to stop voices of opposition.

Something Very Weird Happening in Western Australia – Hospitals Overwhelmed, Vaccinations Continue But They Have No COVID


Posted originally on the conservative tree house on November 4, 2021 | Sundance | 533 Comments

Noted by Alex Berenson, something very weird is happening in the state of Western Australia (WA) home to a population of almost 3 million people.  The WA state has been locked down and isolated from the COVID-19 impacts in the eastern states.

There are very few COVID cases in locked down Western Australia, which has allowed them time to prepare for the potential arrival of the virus which includes a massive vaccination effort.  The state has modeled an anticipated arrival of the COVID virus in early 2022, early next year.  However, as the vaccination rates increase, the hospitals are being overwhelmed with new patients and the Premier cannot explain why.

Alex Berernson notes comments made by WA Premier Mark McGowan on October 31st about hospitals being currently overwhelmed. “Our hospitals are under enormous pressure. This is the same in [the rest of Australia]. This has been something no one has ever seen before, the growth in demand in our hospitals, why it is is hard, hard to know… There is huge numbers of people coming through the door, so we’re doing everything we can to try to manage it,” says Premier McGowan.

The issue is apparently worsening.  In an interview yesterday (Wed, Nov 3rd), Premier McGowan announced a massive expansion of hospital capacity due to an existing and undefined current influx in patients that is overwhelming hospital capacity.

COVID-19 was anticipated to arrive next year.  Proactively, mass vaccinations are ongoing.  It is during this period of mass vaccinations when the hospitals are being overwhelmed by new patients.  These hospitalizations have nothing to do with COVID infections.   WATCH (video at 29:15 prompted):

Obviously something is very wrong:

COVID-19, or any variant therein, is non-existent in the Western Australia population.

The Western Australia population is being vaccinated.

The hospitals in Western Australia are now overwhelmed, and not by COVID-19.

What else could the problem be other than the vaccinations causing hospitalizations?

Premier McGowan looks like a politician in a very difficult position…..

North Korea On the Brink of Famine


Armstrong Economics Blog/North Korea Re-Posted Nov 4, 2021 by Martin Armstrong

We recently reported that there is a cycle to famine. Sadly, the hermit kingdom of North Korea is no stranger to starvation due to the mass human rights abuses carried out by their government in addition to unfavorable weather. Business Insider recently reported that the country has resorted to breeding black swans to provide a new protein food source for citizens.

Ri Jong Nam, the chief party secretary for South Hamgyong province, claims, “Black swan meat is delicious and has medical value.” North Korean dictator Kim Jong Un noted that his country was amid a “tense” food crisis in September and asked citizens to contemplate their own solutions. Due to intense sanctions and most nations simply refusing to trade with the country, the cost of imports has become astronomical. North Korean News claims a kilo of bananas now costs around $45 USD or around $6.40 per banana. To put that into perspective, the average North Korean earns $5.5 to $11.1 per day, but there are no official records. Experts believe the country will be 1.35 million tons short of food this year, and by contrast, the nation needs 5.75 million tons of food to feed the population. I suppose it is not profitable for the pretend “philanthropists” to help a starving nation.

Rules for Thee, but Not For Me


Armstrong Economics Blog/Corruption Re-Posted Nov 3, 2021 by Martin Armstrong

A reader submitted this picture that has gone viral. Canadian Prime Minister Justin Trudeau is cozying up to Netherlands Prime Minister Mark Rutte in a maskless, crowded party without social distancing. It’s almost as if they realize their own tyrannical rules do not work.

Rules for thee, but not for me!

Carl Sagan’s Wisdom


Armstrong Economics Blog/Behavioral Economics Re-Posted Nov 2, 2021 by Martin Armstrong

Corporate and Political Elite Gather at COP26 To Discuss How The Global Population Destroying The Planet – An Ideological Motive to Deploy a Mandatory Vaccine To Eliminate Human Lifespans


Posted originally on the conservative tree house on November 1, 2021 | Sundance | 620 Comments

If you really believed that man made global warming was real…. and if you really believed that global population growth was the “existential threat” to all humanity and life on the planet…. and if you were part of the elite group, multinational corporations and politicians, who run the socio-economic systems that sustain human existence….. then a strategy to eliminate the population by reducing the lifespan of people would be viewed internally as an altruistic endeavor to save the planet.

If that sounds like hyperbole, you likely have not listened to the impassioned speeches and pleas at the “Conference of the Parties 26” (COP26) assembly in Glasgow, Scotland today.

Humans, as an existential threat to planetary survival, was exactly the terminology used today by current White House occupant Joe Biden, British Prime Minister Boris Johnson, French President Emanuel Macron, HRH Queen Elizabeth II of the United Kingdom, and her son heir to the throne, Prince Charles.

All of these global leaders called the people who populate the planet “an existential threat to mankind.”

Joe Biden said: “This is the challenge of our collective lifetimes. The existential threat to human existence as we know it. And every day we delay, the cost of inaction increases.  So let this be the moment that we answer history’s call” (link)

Prince Charles called for a military approach, a war footing and the assembly of multinational corporations united with politicians in dealing with the existential threat that people represent.  MUST WATCH:

The key point is this:  The global elite consider the population of the planet to be the problem.

Pause and think about that for a moment.  Man made climate change as an issue is only solvable, in its most dire of circumstances, by eliminating the root cause of the problem, people.

The global political elite wax philosophically about the issue, with increasing levels of severity according to their own definition of alarm signals, but their underlying problem is with a planet that is -according to their worldview- overpopulated.

Now, with that level of urgency behind what they claim to be the “existential threat”, what actions would they consider appropriate in order to save the planet?

This is where the fundamental question about why there is such a big push on the COVID-19 vaccination, that is wildly disproportionate to the risks from the virus itself, start to make a little more sense.

If you want to reduce the population, a key method would be to reduce the lifespan of the average human on the planet.

What exactly would a product do that is designed to reduce lifespan?

A product designed to reduce lifespan would likely attack or replace the body’s natural immune system.  This would leave the human immune system compromised so that ordinary ailments, viruses, diseases and illness would become much more deadly.

The human body’s natural reaction to attacking ordinary cancers would be compromised allowing cancer to grow and become more deadly.  By suppressing a natural immune system, or replacing it with a synthetic mRNA type immunity design, the natural ability of the human body to deal with illnesses would be weakened.  People would die more frequently and people would not live as long.

If people died more frequently, and/or people did not live as long, the objective of saving the planet from the existential threat -by reducing the population- could be achieved.

How do you get the human immune system compromised on a mass scale, in a global population consisting of billions of people?  WATCH:

The process to reduce life-expectancy, and save the planet, would explain why there is such a disproportionate push to get people vaccinated.

The virus was the premise.

The vaccine becomes the method.

That would explain why they have been pushing the vaccine so hard.

That would explain why they want to vaccinate kids who are not at risk from the virus.

.

CTH is not prone to conspiracy theories or dark imaginings.  CTH analyzes a multitude of disparate data patterns and connects dots in their most logical sequences.

This motive makes sense.

The scale of their anxiety underpins it.

The need for control is a reaction to fear.

Australia Seizing People Homes & Bank Account if you have Unpaid COVID Fines


Armstrong Economics Blog/Australia & Oceania Re-Posted Oct 31, 2021 by Martin Armstrong

This is the face of absolute tyranny. Unfortunately, he is supported by the police so like a Roman Emperor who has usurped power, he only can do so because the police have turned against the people as they have done in Venezuela. Any unpaid COVID fines, they are now seizing people’s homes, will throw them onto the streets, and auction off their homes. They are also raiding people’s bank accounts so you can see why they want digital currencies. This is the face of a want-to-be Hitler of the 21st century.

The children and their children will NEVER know what liberty and freedom were all about. My deepest condolences to our Australian readers. So these outrageous fines we heard about $5,000 or even $10,000 for not wearing a mask is a prelude to the confiscation of private property.

This is what Pelosi dreams of in the United States.