Good Morning Everyone,
Inflation in the US has been at 40 year highs for the last number of months and the most recent ‘official’ numbers came out this morning with the trend continuing -printing 8.5% month-over-month inflation. Of course the propagandists would have you believe that this is not from increasing the money supply or disrupting supply chains and commerce globally in response to the flu - it’s all Putins fault of course. “The Putin Price Hike” is the official inflation slogan coming out of clown world to deflect any kind of accountability from the lunatics at the levers of power.
The political class are waving the peak fiat flag as they blatantly lie and gaslight a population. This kind of propaganda is so decoupled from reality it really is beyond belief and demonstrates the extent to which our current system is broken - if these people are considered ‘leaders’ or ‘elites’.
6 months ago it was transitory. Then it was the fault of greedy corporations. Then supply-chain bottlenecks. Now everything is just Putins fault.
The thing with these inflation numbers is that they’re a simplification of an incomputable complex world (at-least for the time being). The fed has a formula in which they measure CPI (consumer price index), which identifies a basket of selected items and tracks the changes between these items over time. As we know though, the formula has changed, so the historical data and any subsequent comparisons of changes over time become distorted. If they were still tracking the same basket of goods, and utilising the same formulas these numbers would be MUCH higher!
Shadowstats.com is the best known site to show what the true numbers are using the unchanged model, and is run by John Williams. If you want to dive a little deeper to better understand how and why these changes have been made he explains it here in a pod from last year. The true numbers would be well into the double digits! (site currently down so unable to get exact figures)
The other part about inflation is that our preferences are not all the same, and thus we do not all purchase the same baskets of goods. So there is a technical argument to be made that we are all exposed to different levels of price inflation which is certainly true, but there are some broad typical commonalities where we tend to generalise.
For this primary reason, i find CPI as being less informative and prefer to focus on one specific kind of inflation which i think drives all others. That is inflation of the money supply.
Simply put, if we increase the money supply by 40% then we should expect somewhere around a 40% increase in prices, as the value of the money is essentially reduced by the same number. This rings true for real estate, meat and food broadly, oil and many essential commodities and other items.
It’s wild to reflect on how truly deranged and distorted our society is becoming under the clown-world dynamics. Propaganda has been fully normalised. Lying and gaslighting citizens is standard procedure; meanwhile truly critical priorities that we should be fully aligned on and actioning with the greatest of openness, honesty and intention barely seem to make the cut.
The average family right now is struggling to afford to fill their fuel tanks and nourish their children with nutrient dense food, while the political class continue to lie, distort and distract and play absurd and dangerous games. It really is as if reality has been forked and we’re running two different implementations of the ‘reality software’.
The sooner we can remove these dangerous and divisive lunatics from positions of authority and power, the sooner we can let the beauty of human intelligence and ingenuity rise up, and charge toward a better future. The importance of fixing the money has never been on greater display than it is right now - meanwhile the most sophisticated monetary network is waiting idly in the background and slowly being adopted one person at a time.
Hope you have a great day. I’ll talk to you tomorrow.
AK
