Appearing on Stage in Vancouver earlier today with the head of TED Chris Anderson, Elon Musk discusses why he has made a financial bid to purchase the social media platform Twitter. The video is prompted to 11:40 when Musk takes the stage, the first part of the conversation surrounds the Twitter announcement that had made global headlines only a few hours earlier. WATCH:
Fed Governor Christopher Waller appeared on CNBC to announce we have reached peak inflation, and things will moderate from here. All of these fed moves are political moves, not monetary policy-based moves. Here’s the thing they will never admit to the non-institutional investor.
The fed has been painfully slow to raise interest rates on purpose. They did not make a mistake. The reason for their delay is they needed to wait for the beginning of the first 2021 inflation wave to cycle through before they raised interest rates. It’s a game of mirrors that almost no one sees. WATCH:
The rate of inflation will drop once the statistical year-over-year comparisons reach the same moment in the prior year. The fed will raise interest rates in May and then use the June inflation rate decline as a false talking point to highlight how their policy is working. They wait for May, because they need to wait for the calendar, nothing else. Inflation is measured as the percentage of change from the prior year. By waiting until the inflation is measured against the first wave of rising prices, it will give the illusion of a decline in inflation.
So that’s why they waited. But here’s the worse part….
All of these U.S. Fed monetary policymakers are in full ideological alignment with the global and central bankers. They are all following the same Build Back Better agenda and policy instructions.
All of bankers know the shift from ‘dirty energy’, coal, oil, natural gas, will create inflation. All of the bankers know there is no economic bridge within the plan to shift from oil to their unicorn dust. All of the bankers know that shutting down oil exploration as a matter of western unified policy will, as a factual matter, destroy the economic systems that rely on energy….. which is to say everything.
All of these bankers know the severity of the inflation crisis this energy shift creates. None of them do not know.
Everything they are doing is coordinated to assist the climate change agenda.
That’s what this is all about.
Everything is politically motivated.
he “Producer Price Index” (PPI) is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released March price data [Available Here] showing a dramatic 11.2% increase year-over-year in Final Demand products at the wholesale level. This is the fifth consecutive month with the highest rate of inflation the PPI ever recorded.
The single month increase in wholesale prices of 2.3% was driven by inflation built into the supply chain at every level that shows up in the final wholesale price. Those price increases then get passed along to consumers along with the additional costs for warehousing, transportation and delivery. I modified Table-A (FINAL DEMAND) to take out some of the noise.
Wholesale prices of goods jumped 2.3 percent in March, and the wholesale price of food products jumped 2.4 percent. The total demand inflation compared to last year is 11.2 percent, the highest rate ever recorded since the PPI tracking was first started.
The total final demand monthly calculation (1.4%) is lower than the final demand goods (2.3%), because final demand services are offsetting. You may remember the discussion/analysis about prices beginning to stabilize after this month due to a contraction in demand for goods and services. I see support for that thesis within this data.
The three phases of wholesale product creation: (1) origination, (2) intermediate, and (3) final, cycle through the economic analysis in reverse chronological order. Roughly speaking, the flow of goods quantified is done in 30-day sequences. Final demand this month is comparing to final demand in March 2021. The intermediate demand goods this month will become final demand goods next month (April).
The rate of inflation behind this set of final demand goods is beginning to soften. See Table B, Intermediate goods. Again, modified to take out the noise:
While the yearly comparison for both processed and unprocessed intermedia goods is eye dropping, in the unprocessed intermediate demand goods, we are starting to see a lessening of monthly price increases.
In essence, prices have been rising so fast and for such an extended period of time, that we are now cycling through the rate of increase and starting to compare it to last year when the rate of increase was originally going high. As a consequence, the rate of price increase will likely lessen, even though the actual price may still keep climbing within the manufacturing process.
The price of raw materials, and the wholesale energy costs to process those materials into finished goods, are still rising. In addition to the consumer prices reported yesterday, this wholesale price data is showing the most recent increases (March) in fuel and transportation costs. For the next report these figures should now plateau.
♦ BOTTOM LINE – We have not yet reached PEAK INFLATION – However, the price increases from wholesalers to retailers are now at parity. The increased price of things coming into the supply chain are now at similar rates of increase when compared to the stuff on the shelves.
Inflation from field to fork is now fully matriculated and embedded in the total economy as a result of two massive price waves (July to October 2021 and November to March 2022). Those prices will never fall.
Highly consumable goods like food, fuel and energy will remain at approximately the price today for a period of around five months, then we will see the third wave kick in as the new higher harvest prices hit the processors in late summer.
The prices for non-essential durable goods, like cars, electronics, appliances etc. from this moment forth will now be determined by demand. Highly sought after goods will increase in price as more customers chase fewer products. However, ordinary or widely available durable goods will likely start to come down in price very soon as inventories climb because consumer spending has prioritized and dropped non essential goods from their shopping lists.
To put it more succinctly: The stuff we need will cost more. The stuff we don’t need will cost less.
Let’s Go Brandon
The issue of inappropriate education topics surrounding the sexualization of children has been in the headlines recently, as Florida and other states initiate laws to stop young students (K-3) from being exposed to sexual material promoted by leftist educators. However, the issue is not isolated to the United States.
A state legislator in Victoria, Australia, recently outlined an education program where young 10-year-old girls are being told to ask their fathers about “erections and ejaculation” as homework. Bernie Finn, a member of the upper house of the Victorian state parliament in Australia, reads the concerns from a constituent parent in his district, then explodes,”What the hell is going on here?” WATCH:
“How the hell are we supposed to protect our kids when this sort of perversion is in our schools? This is what is being dished up to them on a daily basis in a primary school – not even a secondary school – a primary school. This is just unbelievable. It’s staggering.”
Ketanji Brown-Jackson was always going to be installed in the supreme court as part of the overall Obama team’s use of Joe Biden. Merrick Garland was removed from his position specifically to create the path for KBJ to travel. Everything about this was planned well in advance of Biden’s installation. KBJ is to the judicial branch what BHO was/is to the executive branch.
The same motives and intentions were true for the Obama crew selecting Kamala Harris to be Joe Biden’s vice-president. Harris represents the least qualified person in office and her ineptitude is a specific reason she was selected. Harris’s inability is the shield that protects Biden from Republican efforts to remove him. This too is part of the design.
Today the least qualified person ever to hold the VP position, gives her opinion on the most radically qualified Alinsky ideologue ever to reach the Supreme Court. Eloquence is not her forte’. WATCH:
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Folks, the need for control is a reaction to fear. The people in “fly over” country have joined with the coastal working class. People are furious right now, from the guy that guides hunters, to the truck drivers, hammer swingers, mayors of towns and cities, and even state senators, legislatures and newly awakened citizens who are demanding action against this leftist onslaught.
The political pendulum has never, in the history of humanity, stayed on one side of a swing. The back lash from overreach has always been proportionate to how far off center it went before coming back … and right now we’re staring at a whole hell of a lot of the country (about 80-90% of the land mass, as well as about 70% of the population) that is fed up. DC knows they are in a tenuous place, and they do not want that assembly deciding the only way to fix it is to burn it down and start over. They are doing everything in their power, and beyond, to control and avoid it.
Many people are wondering what the purpose and intentions are of Tesla CEO Elon Musk after reports drop that he has purchased over 9% of Twitter stock valued at $2.89 billion.
Last month, Musk asked his followers on the platform for their opinion of Twitter’s position on free speech. Now many people are wondering if the passive position purchased by Musk will be used to leverage a change in the Big Tech platform.
(CNBC) – Outspoken Tesla CEO Elon Musk purchased a giant stake in Twitter that makes him the largest outside shareholder in the social media stock, not long after criticizing the company for what he said was its failure to uphold the tenets of free speech.
Musk owns 73,486,938 shares of Twitter, which represents a 9.2% passive stake in the company, according to a Securities and Exchange Commission 13G filing released Monday. The stake is worth $2.89 billion, based Twitter’s closing price Friday.
The purchase comes less than two weeks after Musk criticized the company, polling people on Twitter about whether it adheres to free speech principles. “Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy,” Musk tweeted. “What should be done?” (read more)
Governor Ron DeSantis of Florida has signed the Parental Rights in Education Act, which the media refers to as the “don’t say gay act,” despite those words not appearing in the bill. The act will save young children from kindergarten through third grade from being taught about adult sexuality and gender theory. “We will make sure that parents can send their kids to school to get an education, not an indoctrination,” DeSantis said.
While some believe this bill is homophobic, this is the type of curriculum it is aiming to prevent:
Children should not be asked to express or discuss their sexuality. I am not sure why this needs to be stated. The media is outraged, claiming that DeSantis is harming the youth by preventing young impressionable children from discussing alternative families and lifestyles. Even President Joe Biden called the bill “hateful” and stated that his administration would be closely monitoring Florida public schools.
A statement from Disney:
Weeks after it was revealed that over 100 Disney employees were running a human trafficking operation, the company has come out to state that they are opposing the bill. “For them to say that they’re going to actively work to repeal substantive protections for parents as a company that is supposedly marketing its services to parents with young children? I think they crossed a line,” DeSantis stated. “They support sexualizing kids in kindergarten, they support injecting woke gender ideology into second-grade classrooms, they support enabling schools to ‘transition’ students to a ‘different gender’ without the knowledge of the parent, much less without the parent’s consent.” Disney has no problem censoring movies for their conservative Chinese audience and has no problem with their cruise lines sailing to countries that prohibit LGBTQ communities.
As a reminder, tax dollars go towards funding public schools. Unfortunately, the average American cannot afford to send their child to private school. The average cost of private elementary school tuition costs $10,994 per year and the private high school average is $15,535. There is a clear agenda in America to remove gender constructs, with even the next Supreme Court nominee stating she cannot define a “woman.” Why is everyone from the POTUS to major corporations outraged that children cannot be taught about sex? The government wants to take over the parental role. There is something sinister behind the curtain.
Supreme Court nominee Judge Ketanji Brown Jackson is a pedophile sympathizer who wants to dismantle the ideologies that founded America. Biden’s only qualifications for his next Supreme Court nominee were that they were 1) black, 2) a woman, and 3) a pedophile sympathizer (i.e., Hunter’s laptop filled with alleged images).
The media must stop praising Jackson for potentially becoming the first African-American woman on the Supreme Court as she does not acknowledge that biological women exist. Senator Marsha Blackburn, R-Tenn., asked Jackson, “Can you provide a definition for the word ‘woman?’” Jackson responded, “Can I provide a definition? No, I can’t,” the judge said, adding, “Not in this context, I’m not a biologist.”
How can she decipher the Constitution if she is unwilling to admit that women are biologically different from men? Former President Trump asked the same at a recent rally, adding, “a party that’s unwilling to admit that men and women are biologically different in defiance of all scientific and human history is a party that should not be anywhere near the levers of power in the United States.”
I suppose anyone disagreeing with her appointment can only be called a racist and not sexist as gender does not exist in woke America. Even then, the NAACP does not fully back Jackson. Jackson is also unable to determine the age of consent and has a long history of providing extremely lenient penalties for pedophiles.
“I say to them there is only a market for this kind of material because there are ‘lookers,‘ that they are contributing to child sex abuse,” Jackson said. This is important to remember as Hunter Biden’s laptop is allegedly filled with disturbing images of child abuse. Senator Ted Cruz asked why she provided light sentences “100 percent of the time.”
Senate Judiciary Committee chairman Sen. Dick Durbin continued to interrupt anyone questioning Jackson, and we know that when the truth is censored, deep secrets are waiting to be unveiled. This is outrageous that someone is put up for the Supreme Court solely because they are a black woman. A simple review of the voting record of even Chief Justice Roberts reveals that he wrote the decision to support Obamacare, yet he was appointed by a Republican.
Who appoints these justices has no track record as to how they will vote. Justice Thomas is black, but he is one of the more conservative justices. Most of this is always theater for politicians. But when you put someone up who is simply filling a slot and is not qualified, this brings total insanity to the rule of law which underpins everything.
Put this in the things that make other things make sense file. As the Disney corporation publicly says they will “work as a company” to advance gender sexualization for young children in Florida elementary schools, one of the top Disney executives explains why. {Direct Rumble Link)
During a conference call to explain the corporate intents of the company, Disney entertainment president Karey Burke says, “As the mother [of] one transgender child and one pansexual child,” she supports having “many, many, many LGBTQIA characters in our stories” and wants a minimum of 50 percent of characters to be LGBTQIA and racial minorities. WATCH:
White House Communications Director Kate Bedingfield said it is “tragic” that Florida passed a law prohibiting young kids from being taught sex and gender theory, during the White House press briefing today. WATCH:
Florida Governor Ron DeSantis spoke about the ridiculous backlash from the far-left woke Democrats and their corporate media sycophants earlier today.
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I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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