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Forum Post: Inflation Response

Posted 1 year ago on Oct. 31, 2022, 9:44 a.m. EST by agkaiser (2516) from Fredericksburg, TX
This content is user submitted and not an official statement

Government policy is not responsible for inflation. Fire Sector overhead adds to the cost of everything we buy. That and the greed of the billionaire class are sources of inflation. Energy brokers are at the top of the parasitic elite class who own America. The FED, a private bank, adds to inflation when it increases the overhead of finance. Did you hear that? Increasing the interest rate adds to the problem.

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[-] 1 points by beautifulworld (23767) 1 year ago

Global megathreats for the world and predictions of the upcoming dystopia, from Nouriel Roubini:

https://www.theguardian.com/commentisfree/2022/nov/05/megathreats-global-leaders-disaster-world

[-] 1 points by factsrfun (8310) from Phoenix, AZ 1 year ago

The 1% cause inflation, the Trump Tax Cut causes inflation.

[-] 1 points by agkaiser (2516) from Fredericksburg, TX 1 year ago

When politicians take credit for or assign blame for the state of the economy they are disseminating disinformation about theirs and America's owners and real rulers.

[-] 1 points by ImNotMe (1488) 9 months ago

"How Pundits’ Inflation Myth Crushed The Working Class"! by A.Perez, M.Cunningham Cook and David Sirota:

"After corporate media lied America into a war and a financial crisis - data show they lied about a main source of price hikes — and brutal policies followed." Also consider this ...

e tenebris - lux?!

[-] 0 points by grapes (5232) 1 year ago

"Increasing the interest rate adds to the problem" is absolutely correct but it staves off the reckoning into the future.

Decreasing and keeping the interest rate far below inflation rates during the booming economy under the Trump years was what caused the necessity of steep rise in interest rates.

Trump was a definite culprit. Of course, the supposedly independent and chartered as being independent Federal Reserve was the accomplice. The trillions of dollars of tax cuts by the Trump administration to enrich the GOOPy Doos' party added gasoline to the bonfire of the vanities. We are just living with eating the ash left after the bonfire has died down.

We Americans should actually count ourselves as being exceptionally blessed unlike our British buddies across the pond. Their bonfire of the vanities incinerated their new administration in a blitz ! The British currency was devaluated but the U. S. dollar stood quite firm and appreciated in value against other currencies, notably the euro.

The U. S. economy has both strength and resilience. I feel so sorry for Joe Biden who went begging to Saudi Arabia for lowering oil prices. It's totally unnecessary for the U. S. because U. S. fracked oil has even lower cost than easily accessible near-surface oil of Saudi Arabia. It's not like we need the Saudis to supply us oil.

I do understand that the global economy needs lower oil prices to thrive but that's totally wrong for the looming climate crisis of Anthropocene. He is just seen as being weak, reneging on his promise to push for transitioning to renewable energy.

The U. S. oil producers and the Saudis all profit from much higher oil prices and that will spur the transition to renewable energy en masse for real. The Saudis are working on this life-or-death transition for their economy, so should the U. S. Of course, the U. S. has Canada, not Iran as our northern neighbor. I haven't heard much of Canada being a terrorist nation aiding Mexico to hit the U. S. but Saudi Arabia has a very different situation.

As a Trump has said before and I agree, we should be very "green", never discriminate against anyone who is green or 'gringo', and welcome more greenbacks to help push us all into a better direction in our Anthropocene. The U. S. has greenbacks, neither 人民斃, rubbles, uros (nitrogenous urea to neutralize nitrogenous oxides !) nor pound-the-sands, as our currency.

Anthropocene's having already started means that we are for the first time ever holding the fate of our world in our 'primate' hands. We are roasting coffee now. Pootin knew what the rat of St. Petersburg he had cornered did, do you, the civilian Knickerbockers who should know better the mass-grave hole in the ground of lower Manhattan, know ?

The word isn't 'plastics' anymore. It's 'coffee' (the greatest drug, caffeine, trade in the World) and maybe 'wines' second.

As food = drug, we need to be wary of terrible food interactions, too, besides terrible drug interactions. Our "health"care system probably maintains profits by killing off the undesirable ones with drug "side" effects. It's true that we can maintain health with food choices.

Are you afraid of a candle's flame going out ? Probably not, so one shouldn't be afraid of a person's Krebs Cycle grinding to a halt, effecting a human death, either. No one escapes death but many people have already transcended their fear of death. Being powerful means transcending the pressure to conform: the fancy clothing for the naked emperor may well be his initial birthday suit; one truly powerful one will inspire others to wear their very own initial birthday suit, too.

The Holy Bible clearly implies that Adam and Eve were naked. Why else would they cover themselves with leaves and twigs and God made animal fur clothing for them ? Nakedness wasn't the Sin as they have been naked all along (with their eyes closed) but their perception of the nakedness of God's handiwork done (at the urging of Adam to become like the animals with male and female; was it really a surprise that God made animal fur into clothing for Adam and Eve for the original cover-up?) as being shameful was caused by the Sin.