Posted on 09/07/2021 10:16:55 AM PDT by MtnClimber
If you've been following our discussions on inflation over recent months, you'll know that the cold, hard evidence of financial reality indicates that our inflation rate is close to out of control. The official rate of inflation bears about as much resemblance to the actual, on-the-street reality as I do to Mata Hari. Some months ago, I suggested: "To know the true rate of consumer inflation in the USA, take the official rate declared by the government and multiply it by 3½. The result will be much closer to reality." We can argue about the multiplication factor until the cows come home, but I reckon a factor of 3 to 3½ remains a pretty accurate reflection of what's happening out there. I see it reflected in our grocery bills every time we shop.
I'm far from the only one. Here are a few articles that should make you worry. First, Phil at Bustedknuckles, whose "spidey sense" is tingling as badly as mine.
The Just In Time Inventory system has finally, once and for all, been exposed as the Bean Counters Trick that it has always been.
The Trucker’s Strike down in Australia that no one heard about just proved that beyond a doubt and there is your video proof above.
The forty five container ships stacked up off the coast of California waiting to get unloaded that they don’t want you to know about is also proof. Nobody wanted to pay for building and maintaining giant warehouses to hold inventory anymore.
So right now there are 45 floating ones rocking back and forth blocking the shipping lanes instead.
For the life of me I haven’t been able to convince my wife to build up a pantry.
Ninety years ago everyone had some kind of pantry out of necessity.
I’m thinking they are going to be making a come back in a huge way here in the very near future as the signs keep popping up everywhere I go lately and they all say the same thing.
That was two days ago.
I have since seen three more with slightly different variations of the same basic message.
We can’t get what you came here to buy, so sorry.. . .
I am here to tell you that this is not going to be a temporary thing and I hate to use this phrase that got beat to death by the corporate whores a while back but it’s the one that fits the best.
We are living in a paradigm shift.
The old ways are being replaced both deliberately and by side affect necessity.
There is going to be a society wide Darwin effect start showing up here real soon.
There's more at the link. Note, too, that the Australian truckers' strike to which Phil refers is ongoing, but news of it is being actively censored by every major Australian (and other) news outlet. You might ask yourself why that's the case . . .
Inflation will certainly be transitory. So was the last ice age. What s the probable timeframe. That should be the question that they are dodging at every press conference.
All current economic problems are due to the Panic Porn Plannedemic despotism.
Upside to economy imploding: conservatives who have businesses and lives to maintain may be idled in this regard and have nothing better to do than consider what is wrong with the world…and how to fix it…
This guy has a decent understanding of the problem, but the usual unfortunate misunderstanding of the difference between possible, improbable and unworkable solutions. He, like many others demands the impossible and uses too many convenient boogie men to blame things on.
The underlying basics of this economy aren’t going to change no matter how much people blame the govt, the FED, rich people, etc.
By the way, if the dollar is “valueless” why is everyone surprised it won’t buy much?
Maintenance for Trucks
Price for Air bags for semi truck increased $50 each X 4
Trump had a roaring economy. The dims had no defense against that. Along comes the wu flu and the dimrats took full advantage to wreck the economy. And they have no intention of fixing it. They have too much power now.
Biden has the highest misery index since Reagan.
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