(2) As you know, the monetary policy to maintain an economic system beneficial to Wall Street and the multinational investment class means they need to keep interest rates low even as they print more money vis-a-vis the Build Back Better spending operations.
(3) Neel Kashkari is head of the Minneapolis Federal Reserve. If you know the financial lingo, you can see the dire forecast behind the opaque language. In plain-speak, Kashari is saying when it comes to prices and inflation, “we’re screwed“…
(4) The traditional way to control inflation is for central banks (ex US Fed) to stop purchasing their own debt and/or raise interest rates. However, that approach would be against the interests of the multinational elites and international finance system (World Economic Forum).
(5) They can't Build Back Better if they stop printing money to support the agenda.
They can't spend $Trillions if they don't print money.
(6) Yet the downside to printing the money they need to spend is massive inflation.
Inflation is a problem for the Build Back Better agenda writ large. Inflation creates public backlash.
(7) If they can't stop printing money... If they can't stop spending.... Yet inflation is a risk to them, they need another mechanism to stop inflation.
(8) The greatest challenge to those in power is a massive rise in inflation. What is the quickest way to eliminate the political risks due to inflation? Shut down demand…. turn the values closed on economic activity, and then watch (ex. oil) prices level/drop.
(9) But how to drop the demand?
How to turn the valves closed?
What mechanism can be deployed?
(10) That's where you introduce and install the valve called "Omicron".
"The discovery of a new Covid-19 variant sent oil plummeting 13% on Friday, as investors feared a wave of new government restrictions and slower economic growth."
(11) Under this type of economic manipulation using science, the U.S. federal government -and the multinational governments as a whole- recapture control of inflation.
(12) If you are a member of the political elite, and worried about the electoral backlash from massively rising prices hitting your citizenry, another way to stop inflation is to shut down economic demand.
How do you shut down global economic demand….
Omicron !!
(13) As a result, we enter the 2022 mid-term election under a scenario where a new variant of COVID, Omicron, is the reason for government rules, a slowed economy and a contraction of demand.
Omicron becomes a justification/excuse for lowered economic expectations.
(14) Simultaneously, inflation is artificially paused by using Omicron as a pressure valve, and the central bankers don’t have to worry about negative consequences to the multinational corporations who give them instructions.
(15) Under this strategy, the electorate can be duped into reinstalling political ideologues, elites and communists.
And guess what? In retrospect the U.S. Energy Sec didn't need to know what the price of a barrel of oil costs, b/c her position is perfunctory.
(16) Omicron means the Fed doesn't need to stop spending and buying back debt.
Omicron reduces the problem of furious torch bearing citizens triggered by inflation... by controlling the economic behavior of those citizens.
Meanwhile, Build Back Better spending continues....
(17) Hopefully you can see it now.
/END
• • •
Missing some Tweet in this thread? You can try to
force a refresh
"CRS is the only federal agency dedicated to working with community groups to resolve community conflicts and prevent and respond to alleged hate crimes arising from differences of race, color, national origin, gender, gender identity, sexual orientation, religion, or disability"
(1) I would urge everyone to pause; to pause and consider the eloquent words of Neil Oliver in this monologue.
(2) What Oliver describes in his presentation is what I would call the government's inhumanity to man.
(3) The governmental premise of COVID isolation, quarantine, lockdown protocols and vaccine demands, are all antithetical to the essential human need, connection. Nothing within those regulatory rules has anything to do with public health.
(3) With wholesale price increases (8.7%) running ahead of retail price increases (6.2%) that means more retail price increases are already built into the supply chain.
The 2.4% diff is essentially an inflation lag already in the supply chain (raw material, intermediate, final).
(1) A thread on Producer Prices, useful because *tomorrow* the Consumer Price index will be released.
It's important to know how they interplay and why one being higher than the other is a key indicator.
(2) The “producer price index” is essentially the tracking of wholesale prices at 3 stages: Origination (commodity), Intermediate and Final. The final product inflation rate in July (reported in Aug) was alarming at 7.8%. We warned of more inflation flowing into the supply chain.
(3) Today, The Bureau of Labor and Statistics (BLS) released stunning price data for October, showing a dramatic 8.6% price increase in Final Demand products at the wholesale level. bls.gov/news.release/p…