(1) When they say inflation will "spike" or increase this year, and then "come back down next year", what they are saying is the price will skyrocket.... AND THEN the price will remain high.
EX. A lemon goes from $0.49 to $0.99 today. And next year remains $0.99 !
(2) Inflation is a measure of the change in a price.
Inflation is usually presented in terms of percentage of change. Currently inflation is running in excess of 10% this year, on an annual basis (annualized). Meaning prices (on aggregate) are 10% more than last year.
(3) The rate of inflation for fuel, unleaded regular gasoline, is up 60% on an annualized basis.
When the WH and FED say inflation will "level off" next year, they are saying the price next year will remain at least 60% more than last year, and will increase *more slowly*.
(4) Saying "inflation is transitional", or "inflation will come back down", is a misnomer intended to lull you to sleep and accept what Barack Obama said years ago: "under my policies prices will necessarily skyrocket".
(5) Why such a massive one-year spike, and then a leveling off with prices remaining high?
The answer is not difficult; however, the financial media have a vested interest in you not understanding.
(6) For the entirety of President Trump's term in office his economic policies were intentionally lowering prices.
For four years we were in a deflationary, or static place with consumer prices. [I'll explain in a minute]
(7) Four years of static pricing and dropping pricing that was specifically due to America-First economic policy.
Now... RIGHT NOW.... in one year, with the America-First agenda being destroyed, we are getting FOUR years of inflation compacted into one year.
(8) Right after the election the Fed knew what the reversal of Trump's trade and economic policies would do. That's why they said they would "accept inflation" in 2021.
(9) That’s Fed admission is because – while they will not say it openly, they know there’s no way to stop it.
Massive inflation is a direct result of the multinational agenda of the Biden administration; it’s a feature not a flaw, and it has nothing whatsoever to do with COVID.
(10) Keep in mind the first group to admit what is to come were the banks, specifically Bank of America, because the Fed monetary policy is part of the cause.
There is a doubling inflationary impact from the Fed pumping money.
(11) Notice how Bank of America says "for up to four years" of large inflation. Why *four years*?
That's because BoA knows four years of Trump policy deflation preceded the current state of Obama/Biden "re-inflation". Four years = Presidential term.
(12) If Biden policy to reverse Trump was executed at the same rollout scale of Trump's economic policy, it would take four years of rising prices. But Biden is reversing Trump policy in year one. Hence all the re-inflation comes in year one.
(13) You might remember, when Trump initiated tariffs against China (steel, alum, & more), Southeast Asia (product specific), Europe (steel, alum, & direct products), Canada (steel, alum, lumber, dairy), the financial pundits screamed that consumer prices were going to skyrocket.
(14) They didn’t. Consumer prices did not increase.
Trump knew they wouldn’t because essentially those trading partners responded in the exact same way the U.S. did decades ago when the import/export dynamic was reversed.
(15) Trump’s massive, and in some instances targeted, import tariffs against China, SE Asia, Canada and the EU not only did not increase prices, the prices of the goods in the U.S. actually dropped.
It sounds counter-intuitive, until you understand what happened. 👇
(16) To retain their position, China and the EU responded to U.S. tariffs by devaluing their currency as an offset to higher export prices. It started with China, because their economy is so dependent on exports to the U.S.
(17) China first started subsidizing the targeted sectors hit by Trump's tariffs. The CCP government of Beijing gave industries free electricity, gas, eliminated taxes due, etc etc. To help offset U.S. import tariffs.
They lowered the price of goods being exported.
(18) Then China went further. Beijing (total communist control over their banking system) devalued their currency to boost their avoidance of U.S. tariffs.
However, the currency devaluation had an unusual effect.
(19) The cost of all Chinese imports dropped, not just on the tariff goods. Imported stuff from China dropped in price at the same time the U.S. dollar was strong. This meant it took less dollars to import the same amount of Chinese goods; and those goods were at a lower price.
(2 0) Yes, the Beijing subsidies and currency devaluation worked in the way it dropped prices of Chinese goods and offset U.S. tariffs.
However, as a result, we were importing deflation…. the exact opposite of what the financial pundits claimed would happen.
(21) Trump's overall "trade war" with China meant the Chinese were lowering prices in the battle, and as a consequence U.S. importers had lower prices.
These lower prices were passed on to U.S. consumers. Stuff from China was cheaper. ie. "deflation"
(22) However, as the Chinese economy was under pressure, they stopped purchasing industrial products from the EU, that slowed the EU economy.
Germany, France and the EU were furious....
(23) President Trump didn't care...
(24) In response to a lessening of overall economic activity, a *pissed off* EU then followed the same approach as China.
[Remember, the EU was already facing pressure from the exit of the U.K. from the EU system. BREXIT !!]
(25) The EU didn't like Trump putting steel & aluminum tariffs on them, then walking away from the Paris treaty, then dismissing the Transatlantic trade deal (TTIP), and now creating a massive North American economic engine with Mexico via the USMCA.
(26) So the EU decided to take the same approach as China and fight back. The EU central banks started pumping money into their economy and offsetting with subsidies. Yes, they essentially devalued the euro.
(27) The outcome for U.S. importers from the EU was same as the outcome for U.S-China importers. We began importing deflation from the EU side.
A strong dollar, lower Euro value; that means cheaper goods from the EU, and ultimately more deflation.
They really hated orange man.
(28) In the middle of this there was a downside for U.S. exporters. With China and the EU devaluing their currency, and with a very strong domestic U.S. economy, the value of the dollar increased.
(29) This made purchases from the U.S. more expensive. U.S. multinational companies who relied on exports (lots of agricultural industries and raw materials) took a hit from higher export prices.
Trump would need to help farmers, specifically those dependent on exports....👇
(30) However,... and this part is really interesting,... it only made those multinationals more dependent on domestic U.S. sales for income. With less being exported, there was more product available in the U.S for domestic purchase.
(31) With more product remaining in the U.S. what happened? Yup, you guessed it.... this dynamic led to another predictable outcome, even lower prices for U.S. consumers.
Lots of happy middle-class Americans. Orange man notsobad for them.
(32) From 2017 through early 2020 U.S. consumer prices were dropping. We were in a rare place where deflation was happening. Combine lower prices with higher wages, and you can easily see the strength within the U.S. economy.
(33) For the rest of the world this seemed unfair, and indeed they cried foul – especially Canada.
Canada was apoplectic. Tariffs on their lumber, dairy, Steel and aluminum, and then Trump shut down the NAFTA loophole they were using. Trudeau furious... sent Freeland to fight.
(34) However, this was "America First" in action.
Middle-class Americans were benefiting from Trump's reversal of 40 years of economic policies like those that created the rust belt. Democrats knew they had a big problem. Trump's economic agenda was working.
(35) NOW.... REVERSE THIS… and you understand where we are with inflation.
JoeBama economic policies are exactly the reverse. The monetary policy that pumps money into into the U.S. economy via COVID bailouts and ever-increasing federal spending drops the value of the dollar.
(36) With the FED pumping money into the U.S. system, the dollar value plummets. At the same time, JoeBama dropped tariff enforcement to please the Wall Street multinational corporations and banks that funded his campaign.
(37) Now the value of the Chinese and EU currency increases. This means it costs more to import products, and that is the primary driver of current price increases in consumer goods.
(38) Simultaneously, a lower dollar means cheaper exports for the multinationals (Big AG and raw materials).
China, SE Asia and even the EU purchase U.S. raw materials at a lower price. That means less raw material in the U.S. which drives up prices for U.S. consumers.
(39) It is a perfect storm. Higher costs for imported goods and higher costs for domestic goods (food). Combine this dynamic with massive increases in energy costs from ideological policy, and that’s fuel on a fire of inflation.
(40) Annualized inflation is now estimated to be around 10+ percent, and it will likely keep increasing. This is terrible for wage earners in the U.S. who are now seeing wage growth incapable of keeping up with higher prices.
(41) Real wages are decreasing by the fastest rate in decades. We are now in a downward spiral where your paycheck buys less. As a result, consumer middle-class spending contracts.
(42) Gasoline costs more (+60%), food costs more (+10% at a minimum) and as a result, real wages drop; disposable income is lost. Ultimately this is the cause of a stagnant economy & inflation.
(43) None of this is caused by COVID-19. All of this is caused by current economic policy and current monetary policy sold under the guise of COVID-19.
(44) If spending continues, the dollar drops. As a result the inflationary period continues. It is a spiral that can only be stopped if policies are reversed…. and the only way to stop these insane policies is to get rid of Wall Street democrats & republicans constructing them.
(45) Be patient, be respectful, be kind and caring. Don’t look for trouble. But when the time comes to fight, drop the niceties and fight for your family with insane ferocity. Fight like you're the third monkey on the ramp to Noah’s Ark…. and damned if it ain’t starting to rain.
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On Friday November 18th, 2016, The Washington Post reported on a recommendation in “October” that Mike Rogers be removed from his NSA position:
..."The heads of the Pentagon and the nation’s intelligence community have recommended to President Obama that the director of the National Security Agency, Adm. Michael S. Rogers, be removed.
The recommendation, delivered to the White House last month, was made by Defense Secretary Ashton B. Carter and Director of National Intelligence James R. Clapper Jr., according to several U.S. officials familiar with the matter.
[…] In a move apparently unprecedented for a military officer, Rogers, without notifying superiors, traveled to New York to meet with Trump on Thursday at Trump Tower. That caused consternation at senior levels of the administration, according to the officials, who spoke on the condition of anonymity to discuss internal personnel matters."...
In February and March 2017 HPSCI Chairman Devin Nunes, a gang of eight member, reviewed intelligence reports that were assembled exclusively for the office of the former President (Obama). That is why he went to the Eisenhower Executive Office Building (EEOB) Information Facility to review.
After Devin Nunes review the information March 22nd, 2017, Nunes stated the intelligence product he reviewed was “not related to Russia, or the FBI Russian counter-intelligence investigation”.
House Intelligence Committee Chairman, Devin Nunes, then held a brief press conference and stated he had been provided intelligence reports brought to him by unnamed sources that include ‘significant information’ about President-Elect Trump and his transition team.
Quotes from the presser:
1.) …”On numerous occasions the [Obama] intelligence community incidentally collected information about U.S. citizens involved in the Trump transition.”
2.) “Details about U.S. persons associated with the incoming administration; details with little or no apparent foreign intelligence value were widely disseminated in intelligence community reporting.”
3.) “Third, I have confirmed that additional names of Trump transition members were unmasked.”
4.) “Fourth and finally, I want to be clear; none of this surveillance was related to Russia, or the investigation of Russian activities.
“The House Intelligence Committee will thoroughly investigate surveillance and its subsequent dissemination, to determine a few things here that I want to read off:”
•“Who was aware of it?” •“Why was it not disclosed to congress?” •“Who requested and authorized the additional unmasking?” •“Whether anyone directed the intelligence community to focus on Trump associates?” •“And whether any laws, regulations or procedures were violated?”
“I have asked the Directors of the FBI, NSA and CIA to expeditiously comply with my March 15th [2017] letter -that you all received a couple of weeks ago- and to provide a full account of these surveillance activities.”
Back in 2017 when House Intelligence Committee Chairman Devin Nunes was working to reauthorize the FISA legislation, Nunes wrote a letter to ODNI Dan Coats about this specific issue:
There is little doubt the NSA database was used by Obama-era officials, from 2012 through April 2016, as a way to spy on their political opposition. Quite simply there is no other intellectually honest explanation for the scale and volume of database abuse that was taking place.
When we reconcile what was taking place and who was involved, then the actions of the exact same principal participants take on a jaw-dropping amount of clarity.
All of the action taken by CIA Director Brennan, FBI Director Comey, ODNI Clapper and Defense Secretary Ashton Carter make sense. Including their effort to get NSA Director Mike Rogers fired.
Russia-Gate, the Steele Dossier and even the 2017 Intelligence Community Assessment (drawn from the dossier and signed by the above) were needed to create a cover-story and protect themselves from discovery of this four-year weaponization, political surveillance and unlawful spying.
This is why President Obama was willing to push the Russiagate story with his activity in December of 2016 after the election. Obama wasn’t only dirtying up President Trump, Obama was using Russiagate as a cover for the spying that took place using the NSA database.
Even the appointment of Robert Mueller as special counsel makes sense; Mueller was FBI Director when the use of the NSA database surveillance began. Aaron Zebly was his chief-of-staff.
The beginning decision to use FISA (702) as a domestic surveillance and political spy mechanism appears to have started in/around 2012. Perhaps sometime shortly before the 2012 presidential election and before John Brennan left the White House and moved to CIA. However, there was an earlier version of data assembly that preceded this effort.
Political spying 1.0 was actually the weaponization of the IRS.
This is where the term “Secret Research Project” originated as a description from the Obama team. It involved the U.S. Department of Justice under Eric Holder and the FBI under Robert Mueller. It never made sense why Eric Holder requested over 1 million tax records via CD ROM, until overlaying the timeline of the FISA abuse:
The IRS sent the FBI “21 disks constituting a 1.1-million-page database of information from 501(c)(4) tax exempt organizations to the Federal Bureau of Investigation.” The transaction occurred in October 2010
1. Former National Security Advisor John Bolton is a well-documented neocon, who operates inside the business model of selling U.S. foreign policy influence for personal gain. His activity mirrors that of former Senator John McCain in many regards.
John Bolton sold his access, contacts and ability to influence policy to the highest bidder. In DC parlance they call that a “consultant.” When the consulting is contracted for a specific foreign national interest, the title shifts to “lobbyist.” That was his job, and all of Washington DC knows it.
Washington DC operates on this business model; the entire system will be soft to criticize Bolton, and many will likely defend him.
2. The FBI raid on his residence and office has led to a considerable amount of speculation. However, as some background details start to come out, it appears CIA Director John Ratcliffe provided FBI Director Kash Patel with specifics on the international travels and efforts of Bolton.
That CIA referral has led to an FBI investigation under the auspices of potential violations of the espionage act, where Bolton would have leveraged current or prior classified intelligence information as part of his influence business.
Almost identically to former Senator John McCain, John Bolton was well known to intersect with the nation of Qatar as part of his operation. Qatar has deep pockets and a long-identified influence operation throughout the middle east and the United States, sometimes playing all sides.
Qatar is also the playground for the CIA.
While it is yet unknown which nation and which activity Bolton was likely engaged in, the highest probability centers around the deepest pockets, which would also put Bolton on the CIA radar.
3. "The information that provided the basis for the warrant to search John Bolton’s home on Friday was based on intelligence collected overseas by the C.I.A., according to people who spoke on condition of anonymity to discuss an ongoing criminal investigation.
John Ratcliffe, the C.I.A. director, provided Kash Patel, the F.B.I. director, with limited access to the intelligence. It involved the mishandling of classified material by Mr. Bolton, the people said.
The search of the home and office of Mr. Bolton, who was national security adviser during President Trump’s first term, was a major escalation of a long-running inquiry into whether he collected or leaked sensitive national security information, law enforcement officials said.
The nature of the intelligence collected overseas is not known. The F.B.I. obtained the search warrant after presenting evidence to a federal judge. Mr. Bolton’s office declined to comment.
The C.I.A. and F.B.I. regularly cooperate on counterterrorism investigations. It is unusual for the C.I.A. to so prominently provide information for a high-profile investigation of a former U.S. official."...
1) It's an interesting file release, albeit with little current criminal value all things considered (in total).
As I regretfully noted in 2018, all of the 2017 media leaks by Comey, McCabe and Baker *COULD* be justified (sketchy, but enough for plausible deniability and/or reasonable doubt) under the auspices of a counterintelligence operation being actively run by the FBI. [Remember, they're crooked DC f**kers]
Essentially: 'We're strategically leaking to judge the cause, effect and response from the investigative targets' as part of the overall operation etc. etc. Because this is an exceptionally unique investigation. blah, blah, blah...
Absolutely nothing will come of it, AND that cannot be emphasized enough; because in the final analysis, evidence released to John Solomon - is, by its nature - never going to be used in court proceedings. But here's some first review perspectives on the release anyway.
March 22, 2017, was two days after James Comey's first testimony to the HPSCI on March 20, where he admitted publicly for the first time President Donald Trump was the target of an FBI counterintelligence investigation.
[Comey's 3/20/17 testimony was three days after SSCI Mark Warner and James Wolfe leaked the FISA to media. The intent was momentum for a special counsel. After the 3/17/17 FISA leak it made no sense for Comey to keep denying Trump was a target. Hence the admission on 3/20/17.
John Durham used in March 2017. That's new. A full two years before his name surfaced publicly via Bill Barr. The origin of the Durham weave? Interesting.
Assigned by Dana Boente 3/22/17 based on a criminal referral from [XXXXX] redacted?
[That redaction is likely 28/29 characters]
"House Intelligence Committee"? Possible fit.
Again, a review/context:
Sessions recused March 2nd
Nunes Presser March 16th
Wolfe/Warner leak March 17th
Comey Testimony March 20th
Then 👇
3. The now well-known "prohibited access files" in sentinel system, being used.
Abandoned by his father to a troubled single mother; eventually raised by grandparents. He is then recruited from an Ivy league law school by shadow figures, a specific billionaire and a network of interests. He changes his name, writes a book about his life story, and with the support of the aforementioned – who eventually pays for the assembly of a strategic campaign influence network, becomes a Senator for 2 years before being quickly elevated into position in the White House.
Many people reading that paragraph would be familiar with the life story of Barack Hussien Obama.
However, that paragraph doesn't describe Barack H Obama. Nope, it is the right-side version of the exact same storyline, James David Vance.
On one side of the UniParty mirror we have an emotionally constructed political figure for the left. On the other side of the UniParty mirror we have an emotionally constructed political figure for the right. Each person, each emotional narrative, carrying the specific nuances to appeal to their wing of the UniParty audience. However, both are following the same playbook.
JD Vance was born James Donald Bowman in Middletown, Ohio (August 2, 1984). He then changed his name to James David Bowman. He then changed his name to James David Hamel. Eventually, in 2014, notably after Yale Law School (class of 2013) and after marrying his wife Usha, now age 30, he changed his name to write a book.
1/ To give you an idea of the scope of influence of Mary McCord as a key corrupt and unlawful DC functionary, consider what we can document.
♦ McCord submitted the fraudulent FISA application to spy on Trump campaign. Oct. '16
♦ McCord created the “Logan Act” claim used against Michael Flynn and then went with Sally Yates to confront the White House. Feb '17
♦ McCord then left the DOJ and went to work for Adam Schiff and Jerry Nadler on Impeachment Committee. '18
♦ McCord organized the CIA rule changes with Intelligence Community Inspector General Michael Atkinson. '18
♦ McCord led and organized the impeachment effort, in the background, using the evidence she helped create. '19
♦ McCord joined the FISA Court to protect against DOJ IG Michael Horowitz newly gained NSD oversight and FISA review. '19
♦ McCord joined the J6 Committee helping to create all the lawfare angles they deployed. '21
♦ McCord then coordinated with DA Fani Willis in Georgia. '21
♦ McCord was working with Special Counsel Jack Smith to prosecute Trump. '22
♦ McCord is now coordinating a Lawfare attack process against Donald Trump in term #2.
♦ McCord testified that AG Pam Bondi must recuse herself from investigating McCord. '25
♦ Joe Biden pardoned Mary McCord. '25
2/ DC – “Rep. Bennie Thompson (D-Miss.) and House Jan. 6 Select Committee has tapped Mary McCord, who once ran the Justice Department’s National Security Division, for representation in its fight to obtain former President Donald Trump’s White House records."
3/ .."I am exercising my authority under the Constitution to pardon General Mark A. Milley, Dr. Anthony S. Fauci, the Members of Congress and staff who served on the Select Committee, and the U.S. Capitol and D.C. Metropolitan police officers who testified before the Select Committee."...