Home » Posts tagged 'armstrong economics' (Page 3)
Tag Archives: armstrong economics
Australia Sends SOS to the World
Feel Free to Send Link to this everywhere to Help Australia
with only 5 Million dead of COVID Worldwide out of a Population of 7.8 Billion – this is the New World Order to End Democracy!
Warning – Migrate from Urban Cities to the Suburbs
I have warned that they were considering lockdowns for climate change. India has been the first to impose a lockdown in New Delhi all for air pollution. I strongly recommend that if you can, get out of the major urban cities before you find yourself locked in home imprisonment denied all human rights on the basis of climate. This is the New World Order and the end goal is to even eliminate office buildings and commuting.
People Blame the Federal Reserve & Never Politicians
Every now and again I get those stupid hate emails to blame the federal reserve and central banks for everything while NEVER once do they ever look at the history of central banks and how Congress has been manipulating the law changing the definition of what the Fed was even supposed to be.
There do not even know why there are branches of the Fed. If there was just one interest rate and one policy set in Washington, then why do we even have branches of the Fed if they no longer act independently? For you see, when the Fed was created, the branches were to manage the capital flows. Each branch was independent and they would lower or raise the interest rate in their jurisdiction depend ding on the flow of money.
Even the currency it first began to print was done so by each branch. The Panic of 1907 was instigated by the San Francisco earthquake of 1906 which caused the capital to flow from East to West and that created a shortage of cash in New York and thus banks failed.
It was Roosevelt who usurped all the independence of the Fed and created a Washington monopoly to push his socialist agenda into place. We are hearing the same pitch of equality once again and Biden is going to take over the Fed and install his people. This will be the final alteration of the Fed making it entirely political to usher in this Great Reset. What was once an independent central bank, owned by the bankers to prevent taxpayer money from being used to bail out the banks where today they banks may own the Fed in name only, but the reins of power are political.
…click on the above link to read the rest of the article…
The Collapse of the USA & the Rule of Law?
When we looked at our model combining the presidency, House, and the Senate, we came up with a Panic Cycle in 2021 and 2023. The Democrats better wake up because this foreign agenda has usurped their party, and Biden is clueless as to what is even taking place. The vaccines do not save lives, for the Biden Administration is using this solely to control people, and the long-term goal is to mandate boosters to retain any right whatsoever. They are bringing this in little by little, in tiny steps, because their ideas on how to change society profoundly resemble what Hitler did to Germany (see video).
The Biden Administration has told businesses to ignore the courts and follow his commands, which in itself is outrageous. This is the complete collapse of the rule of law and one of the major signs that a government is about to fall into that same common grave that all previous governments lie in rest.
The Biden Administration has no respect for the military. If they refuse the vaccine, they will be denied healthcare and pensions. This is so unconstitutional and outrageous. One must realize that the government failing to support the military could risk the people cheering a military coup to overthrow this administration that is obviously taking orders from non-American sources. Indeed, the fate of Western civilization could be very dark if these people continue to push for their one-world government.
…click on the above link to read the rest of the article…
China Rationing Diesel
China has begun to ration fuel amid the ongoing energy crisis. As reported by the BBC, trucks in China may only fill their tanks with 100 liters (10% capacity) of diesel, with other areas reportedly only allowing 25 liters. The city of Fuyang is limiting purchases and charging drivers a surcharge of up to 300 yuan to fill up their tanks. The fuel shortage will affect both domestic and international goods as trucks simply cannot drive to their destinations. Despite surging demand, all fossil fuels are in tight supply and have seen drastic upticks in price. Jeremy Stevens, Chief China Economist at Standard Bank, told the BBC from Beijing that companies have already begun using diesel generators to maintain factory operations. World leaders are urging this instant switch to renewable energy and net-zero emissions, but the technology does not currently exist to power the world. The energy crisis will contribute to supply shortages worldwide.
The Nord Stream 2 Pipeline Delay
European Union leaders are scrambling for solutions to the energy crisis, but their feared friend from the East has reminded them that a solution exists. According to the Associated Press, gas prices in the EU have spiked to 95 euros from about 19 euros per megawatt-hour in the past year. Around 90% of gas is imported to the EU, and Belgian Prime Minister Alexander De Croo said that the only long-term solution is to invest in renewable energy. “And in the long term, there is only one solution — invest more in renewable energy so we are less vulnerable to price fluctuations for fossil fuels,” he said.
Hungarian Prime Minister Viktor Orban blamed the Green Deal plan for higher prices, which aims to reduce greenhouse emissions by 55% by 2030, with the goal of becoming carbon neutral by 2050. Some leaders are pointing to the use of nuclear energy, such as France, Bulgaria, Croatia, Czech Republic, Finland, Hungary, Poland, Romania, Slovakia, and Slovenia. However, the 27-nation bloc has not designated nuclear power as a sustainable investment yet.
(Nord Stream 2 Pipeline)
In comes Putin and the controversial Nord Stream 2 pipeline that would carry much-needed gas from Russia to the EU beneath the Baltic Sea. “If the German regulator gives approval tomorrow, supplies of 17.5 billion cubic meters of gas will start the day after tomorrow,” Putin said. The Russian president has previously criticized the EU for not signing long-term contracts and failing to work with Russia on energy trade. European Commission President Ursula von der Leyen said that relying on gas from Russia makes the bloc “vulnerable,” but it seems that they are already vulnerable and in a worsening situation with no solution in sight. EU energy ministers are set to meet in December, where they are likely to kick around solutions while ignoring the one that is a pipeline away.
Truckers Wanted
It seems that the state of Florida is doing more to address the supply chain crisis than the entire Biden Administration. The American Trucking Association reported that their industry now has a record shortage of 80,000 drivers. Truck drivers are essential to maintaining a steady supply chain, and despite the climate change narrative, fewer trucks on the road mean that businesses cannot be supplied with the essentials they need. Distributors in Florida are now offering salaries of up to $110,000 a year with sign-on bonuses as high as $15,000. Even referral bonuses have been going for between $3,000 to $5,000. The plan to attract workers comes shortly after the state announced that their ports are open for business.
Nearly half of America’s small businesses are feeling the effects of the supply chain crisis. Ships have been forced to turn around from ports, rerouting back to Asia, as there have not been enough workers to transport products. The trucking industry has been warning that Biden’s policies would lead to disaster. “I’m pretty discouraged. I don’t know how anybody can think an anti-capitalist agenda can be good for transportation,” David Owen, president of the National Association of Small Trucking Companies (NASTC) told Transportation Nation Network (TNN) in January. The entire trucking industry has been hesitant since Biden stepped into office, and with good reason.
The Democrat-controlled House voted to raise the motor carriers’ liability insurance minimum requirement from $750,000 to $2 million, eliminating competition for larger trucking companies. Biden’s climate change agenda resulted in the Keystone Pipeline XL cancelation. His plans to reduce carbon emissions producers and fracking also resulted in higher prices at the pump. Ending the supply bottlenecks requires the US to put more trucks on the road, and truckers should be treated with dignity rather than criminals who are destroying the climate.
Meat Prices on the Rise
(Image from Statistics Canada: Prices for meat products rise year over year in September)
Canada’s CPI rose 4.4% YoY this September, according to Statistics Canada. Every major sector saw gains, but meat prices spiked 9.5%, marking the fastest pace of growth since April 2015. Canada’s Food Price Report for 2021, released in December 2020, predicted that meat prices would rise 4.5% to 6.5% in 2021, a drastic underestimate. Dr. Sylvain Charlebois, project lead and Director of the Agri-Food Analytics Lab at Dalhousie University warned people that they should develop “immunity” to rising prices. “Immunity to higher food prices requires more cooking, more discipline and more research. It’s as simple as that.” Gaslighting the people to believe they need to change their lives, rather than government change their policy, is at play once again.
Let me remind you that Bill Gates and others have been advocating for a move to 100% synthetic beef. But his logic only applies to the “rich” countries such as the US and Canada. “Weirdly, the US livestock, because they’re so productive, the emissions per pound of beef are dramatically less than emissions per pound in Africa,” Gates said in an interview in February 2021. “So no, I don’t think the poorest 80 countries will be eating synthetic meat. I do think all rich countries should move to 100% synthetic beef. You can get used to the taste difference, and the claim is they’re going to make it taste even better over time. Eventually, that green premium is modest enough that you can sort of change the [behavior of] people or use regulation to totally shift the demand.” This ties into the climate change agenda and the idea that starvation can help us shift to zero CO2…
…click on the above link to read the rest of the article…
The Corruption Continues to Surface
Recently, more sources have been confirming that indeed there was an advance notice that a “virus is coming.” I know even a few hedge funds that took positions on. This has been a very well-orchestrated panic, and it has been intended to alter the world economy. Gates, Soros, and Schwab have all contributed their ideas, so this is not the brainchild of just one character. The recent stories of Gates and his inappropriate emails flirting with employees are just another example that the knight in shining armor is more like the dark black knight of the apocalypse.
The significance of these actions is that the CONFIDENCE in Gates is starting to turn. Eventually, someone will start to investigate and come up with what is starting to come to the surface from multiple sources. I reported at the very beginning that I knew there were phone calls being made and that Schwab had sold for himself and for his World Economic Forum ahead of the COVID Crash of 2020. Others are now confirming that some hedge funds also appear to have been tipped off.
As we enter the third year of this very clever manipulation, we should expect more to surface in 2022. Gates did not resign at Microsoft because of emails hitting on girls. That was a deal that either he resigned or the DOJ would break up Microsoft under the Anti-Trust Act. Bill Gates’ character has not changed. Instead of creating a monopoly in HiTech, he has achieved that in healthcare. He is no more a philanthropist than Jeffrey Epstein. I suggest you read the book “US v Microsoft” to catch a look at Gates’ character…
Are the US Supply Chain Disruptions Deliberate?
(Image by © Reuters / Alan Devall)
Deputy Treasury Secretary Wally Adeyemo may have accidentally leaked the cause of America’s supply chain issues. “The reality is the only way we’re going to get to a place where we work through this transition is if everyone in America and everyone around the world gets vaccinated,” Adeyemo admitted in an interview with ABC News. Starve them out, let the dissenters suffer, and those who bought into this agenda will turn against them. Adeyemo said that the Biden Administration has already provided “the resources the American people need to make it to the other side.” Basically, everyone should give into the vaccine mandate or face the consequences. They are masking authoritarianism as utilitarianism. The vaccine has not been mandated at the federal level in the US, yet, but it is apparent that the government plans to make life as difficult as possible for those who do not obey.
Echoing the Fed, Adeyemo said that inflation is “transitory,” and “as part of the transition we are seeing higher pieces for some of the things people have to buy… That’s exactly why the president was focused in the American Rescue Plan in ensuring on getting stimulus into the hands of the American people, so they’d be able to buy the products they need.” Yes, the government expects us, the Great Unwashed, to be thankful for their measly handouts to purchase unavailable products at an all-time high. There is a reason people have recently nicknamed the president “bare shelves Biden,” with the hashtags #BareShelvesBiden and #EmptyShelvesJoe becoming a viral sensation.
Although the Biden Administration met with the Ports of Long Beach and Los Angeles, which handles 40% of the nation’s goods, the promise of a 24/7 operation has not yet occurred.
…click on the above link to read the rest of the article…
Stagflation is Here
QUESTION: When do we talk about stagflation?
F
ANSWER: We are already experiencing it. Normally, the standard definition of “stagflation” has been explained as slow economic growth with relatively high unemployment/or economic stagnation that takes place with rising prices. Some have also defined it as a period of inflation combined with a decline in the gross domestic product (GDP).
Stagflation became a term that defined the 1970s because economic growth was still positive, but the rate of inflation was far greater due to the price shock of the OPEC embargo. Because of the Democrats constantly pushing to raise taxes, they sent corporations fleeing offshore, and it was NOT merely because of the tax rate. I testified before the House Ways & Means Committee on taxation and they wanted to know why NO American company got a contract from China like constructing the Yellow River Dam. I explained that German companies were NOT taxed on worldwide income, and as such, they were already 40% less than an American company because Americans pay taxes on worldwide income, and the ONLY other country to that was Japan. Thus, American companies moved offshore, NOT because labor was cheaper, but so they could complete.
As a result, I provided our analysis that showed when we allocated trade according to the flag of the company instead of where something was manufactured, then the US had a trade surplus instead of a trade deficit. Trump understood that and offered a one-time tax deal to bring their profits home. The Democrats screamed because they wanted 40% in taxes. But they would not bring the money home and so they got 0%.
…click on the above link to read the rest of the article…
Viewing Inflation Through Rose-Colored Glasses
Once “we get the pandemic under control, the global economy comes back, these pressures will mitigate and I believe will go back to normal levels,” Treasury Secretary Janet Yellen stated, echoing “transitory” sentiments by Fed Chairman Jerome Powell. Powell believes supply chain bottlenecks are the main culprit for inflation. Well, the Biden Administration appointed the secretaries of Commerce, Agriculture and Transportation to create a supply chain task force to fix the influx issues.
Sameera Fazili, a deputy director of the White House National Economic Council, stated, “Our approach to supply chain resilience needs to look forward to emerging threats from cybersecurity to climate issues.” Is climate change the issue here? Is this an indication of where the government will misdirect resources once again? Fazili further displayed how out of touch the government is with the current crisis by saying inflation due to supply shortages is “kind of [a] good problem to be having,” as it indicates demand. The countless number of businesses and consumers currently paying for basic living expenses at up to 30-year highs may not see the glass half full at the moment.
Then, the Biden Administration met with the workers at the Port of Los Angeles this week, where it was agreed upon that the port would operate 24/7 to address issues. Ports in Los Angeles and Long Beach, California, account for 40% of all shipments into the US, which seems to be a good start. Even Walmart, FedEx, and UPS have agreed to unload their shipments at non-peak hours to help the process. Oh, wait, the ongoing worker shortage. Companies are begging people to apply, and it remains to be seen whether the ports will be able to maintain proper staffing to run at full capacity around the clock…
…click on the above link to read the rest of the article…
Lies, Lies & More Lies from the Financial Press
COMMENT: Marty; the Fed quietly published the banks it was funding in the Repo Crisis. I just wanted to say, you are always right. The press claimed it was tax time, but you said it was the crisis in European banks. Your sources are always spot on. Thanks for the light of truth.
PG
REPLY: Yes, that story that the liquidity crisis occurred because US corporations withdrew large amounts from the banks in order to make quarterly tax payments was the most absurd propaganda I ever heard. Why then do we not see the same liquidity crisis event during tax season?
The bulk of the loans covered foreign banks, as well as Goldman Sachs and JPMorgan Securities. It was all driven by the simple fact that Merkel said there would be no bailout for Deutsche Bank, which was the major derivatives counterparty problem involving Wall Street. Deutsche Bank had a major derivatives book, and if it failed, it would have taken down US banks. Deutsche Bank was in crisis and then it was too big to merge with Commerzbank. They had to lay off nearly 20,000 staff and a major effort was undertake to try to isolate its toxic assets.
That is why the Fed had to step in as the market maker to bail out Europe for US banks all backed off. I really do not know who makes up these stories to try to hide the truth. But they always do in hopes of preventing panics. This time, the game is up.
Schumer Confirms the Deep State Runs the Country
Here is that interview people have asked about where Chuck Schumer confirms that no politician will EVER investigate the intelligence branch — NSA, CIA, FBI, or DOJ. They hold unbridled power to do as they like when they like.
The probability that the CIA took out John F. Kennedy has long been suspected, and the CIA has refused to release documents that Congress had sealed for 50 years. They claim it is a national security issue, and if it were Russia, they would be flouting that documentation all over the press. The ONLY reason to refuse to release documents is that they will lead to the intelligence community who wanted to start the war with Vietnam, which Kennedy opposed.
There is the declassified proposal that Kennedy also rejected. The CIA wanted to kill Americans and then blame it on Castro to justify invading Cuba. And people wonder about 9/11? The Russian hack that they boast was discovered by the intelligence community never took place. Russians never hacked the Democratic Party servers.
Welcome to the land of the free, where our claimed elected officials are afraid to investigate the intelligence community. Schumer calls Trump stupid, for he should have known how powerful they really were. They wanted Biden so they could do as they liked whenever. Calling Trump stupid for criticizing the intelligence community confirms that neither he nor anyone else in Washington would dare to shake up or stir the intelligence community.
The Real Deep State
What Greenwald is talking about is so true, and nobody will ever investigate. When I was in contempt, the FBI set up the girlfriend of a manager at Resorts Casino in Atlantic City. They had his girlfriend “help” a friend who said if she did not deliver drugs they would kill her. She tried to help her friend but the delivery of drugs was to an FBI agent pretending to be a drug dealer. They then threatened her life; she broke down and told her boyfriend, who then stepped in and offered to give them the money they claimed they were owed to leave his girlfriend alone. They arrested him as part of the conspiracy, which was the object. They then told him, which is standard, it would all go away if he agreed to act as an inside informant reporting on everyone who took a pile of cash from the casino or came in with cash. He refused and did his 18 months.
They took me for a little walk outside the courthouse and said I knew everyone, and that was worth a lot to them. In the same words, this can all go away if I agreed to be an informant inside the financial industry. My lawyer warned me they would do that and said I would be like a dog on a leash for the rest of my life. I also refused their offer.
Every drug dealer I did meet when I was in contempt said the same thing. If they had $500,000 in cash that was confiscated, their indictment said a standard 50%. Their court-appointed lawyer then tells them to keep quiet, for more money would mean more time. Cash routinely vanished and it all goes right into the Deep State — the National Security and Department of Justice.
…click on the above link to read the rest of the article…