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Inflation
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Author:  Chicodoodoo [ Thu Feb 25, 2021 8:10 am ]
Post subject:  Re: Inflation

Quote:
The only question is when do we enter the exponential currency collapse phase. When we do, a universal basic income tied to your social credit score and your ability to be ruled and controlled will be instituted by the ruling class to fix the problems literally caused by the ruling class. Wake up, people. -- source

There it is again. Only this time, we get the reason why this is being done to us. It's to control us. It's to have power over us. It's to enslave us. It is the goal of the ruling sociopaths, a direct result of their psychological deviancy.

Wake up, people. Actually, the bulk of the people are incapable of waking up. They can only follow the leader, and the leader is always a sociopath or a puppet of the sociopaths. The ruling sociopaths make sure of that.

Author:  Chicodoodoo [ Mon Apr 12, 2021 2:52 am ]
Post subject:  Re: Inflation

Quote:
The global food-price rally that’s stoking inflation worries and hitting consumers around the world shows little sign of slowing.

Even with grain prices taking a breather on good crop prospects, a United Nations gauge of global food costs rose for a 10th month in March to the highest since 2014. -- source

This deceptive little article from Yahoo News makes it look like we have "inflation worries". Just "worries".

Actually we are seeing the reality of inflation. Money creation has been off the charts for years now, and the amounts created in 2020 look like a vertical line when graphed. 2020 was the year of Ben Bernanke "helicopter money" in the form of COVID-19 stimulus checks showered on the public. When the U.S. government starts giving money away, you can be sure hyperinflation is just around the corner. Prices are rising across the board. Houses are typically selling for 20% over the already inflated asking price. I know because my son tried to buy a used house listed at $305K, which last sold 10 years ago for $134K. My son offered the full $305K, but someone else got the contract at $350K!

The dollar is simply being destroyed. It might take another year or two before it becomes so worthless that people will burn it to heat their homes, just like the German people did in Germany in 1922. The destruction of the German currency back then was also a deliberate deception and manipulation orchestrated by the ruling sociopaths. They are back, only this time the entire world is their target. They want to introduce us to "The Great Reset", or as I prefer to call it, "The Great Tyranny".

Author:  Chicodoodoo [ Tue Apr 20, 2021 5:54 am ]
Post subject:  Re: Inflation

OK, let's look at the inflation Germany suffered from 1919 to 1923.

Don Stott wrote:
Inflation Explained
Author: Don Stott
Publish Date: 03/29/2021

I must have done a bit of research back in 2002, but here was the cost of gold in reichsmarks in those years after WWI. Glad you didn’t save in reichsmarks? Gold then was $20.67 an ounce, and today over $1700, meaning it has gone up over 8500%. You decide if the buck has slid. Here’s what an ounce of gold cost in Germany in reichsmarks, which was their currency.

Jan. 1919 - 170

Sept. 1919 – 499

Jan. 1920 – 1340

Sept. 1920 – 1201

Jan. 1921 – 1349

Sept. 1921 – 2175

Jan. 1922 – 3976

Sept. 1922 – 30,381

Jan. 1923 – 372,477

Oct. 2, 1923 - 6,631,749,000

Oct. 9, 1923 – 24,868,950,000

Oct. 16, 1923 – 84,969,072,000

Oct. 23, 1923 – 1,160,552,882,000

Oct. 30, 1923 – 1,347,070,000,000

Nov. 5, 1923 – 8,700,000,000,000

Nov. 30, 1923 – 87,000,000,000,000


Then, they invented a new currency. Once inflation gets going, there’s no stopping it, as long as the presses don’t break down, and there isn’t a shortage of trees to cut down to make paper. If you had bought and stored one ounce of gold in 1919, it would have gone up in purchasing power and dollars, 8500%, or rather than $20.67 or even $1700, your ounce would now be $8500. Maybe the spot price of gold should be $8500? See why one needs to store surplus wealth in real money?

Now, Don's math is a little bit off, but the lesson should be clear. Paper fiat money, or even digital fiat money (including crypto-currencies), is a con-game, and that money will be devalued by the con-artists in charge of creating that money. In the case of the United States, the con-artists would be the people controlling the Federal Reserve, which is a private, for-profit enterprise, run by the richest international bankers in the world, primarily the Rothschild family.

How is Don's math off? First, people don't understand percentage increases. If the the price of gold doubles, it has gone up 100%. If it triples, it has gone up 200%. If it quadruples, it has gone up 300%. So if the price changes from $20.67/oz to $1700/oz, it has increased (1700 / 20.67 = ) 82.24 times. So that would be an 8124% increase, and your ounce of gold would now be worth $1700 (not $8500).

What should the price of gold be today? Well, the public isn't allowed to know. We have been fed bogus yearly inflation increases for over 50 years. The market price of gold has been rigged for longer than that. All of this is to keep tight control over the perceived market price of gold, which has been consistently depressed, in order to make the fiat paper currency look far more valuable than it really is.

Author:  Chicodoodoo [ Sun May 02, 2021 6:55 am ]
Post subject:  Re: Inflation

Quote:
The oldest trick in the retailer book is back.

We have previously written about shrinkflation - the "creative" masking of higher prices whereby retailers sell a materially lower amount of products for the 'same' price, covering up what is often a significant price increase on a "per unit" basis... -- source

All these games just to mask the steady devaluation of our money!

I noticed this with some yogurt I recently encountered. For the longest time, small yogurts came in 8 ounce containers. The price gradually rose, more than doubling over about 10 years, and then suddenly yogurt started coming in 6 ounce containers for about the same price! That's a 25% reduction in product for the same price. Then those prices increased, more than doubling over about 10 years, and now my last yogurt was only 4.5 ounces! Again, that's a 25% reduction in product for about the same price.

This is clearly a psychological operation. We are being systematically robbed, though at a pace that is designed to keep us from noticing or caring. That's a very successful way to rob the public! Aren't those ruling sociopaths clever? They sure know how to gradually rob us blind.

Author:  Chicodoodoo [ Sun Jul 25, 2021 2:39 am ]
Post subject:  Re: Inflation

Quote:
One of the more dangerous economic indicators we’re seeing right now is rising inflation. -- source

No, we are seeing the initial rumblings of hyperinflation, which in the initial stages is described as "rising inflation".

Quote:
For over a decade now, inflation has hovered around one percent or less. -- source

No, the annual target voiced by the Federal Reserve is always around 2%, which they can create without any effort at all. They always exceed this figure, which is why the CPI (Consumer Price Index) always calculates their figures using long-standing fraudulent practices.

Quote:
Yet in the first few months of 2021, we are looking at an “official” annualized rate of over 4.2% (as of April 2021), with that number jumping up by more than 1.5% from March to April alone. -- source

No. As usual, those "official" numbers are bogus and are designed to hide the true rate of inflation, which is typically many times the official rate.

We will never get a true inflation rate from the U.S. government. Their deliberate underestimating of the inflation rate has been going on for over 50 years. They are the foxes guarding the hen house while reporting on the ridiculously low death rate their hens are experiencing. "Less than 1% per year", if you choose to believe them!

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