From the Trenches World Report
Enforce our Bill of Rights
The Fed is going to tighten an already tight labor market by making sure more of the workers among the too-few workers we currently have are laid off in order to reduce production that spent most of the year lower than last year’s production in order to lower prices that are, in good part, too high because of product shortages. Continue reading “Fed up and Under-Fed All at the Same Time”
We’re on the brink of a dramatic change where we’re about to — and I’ll say this boldly — we’re about to abandon the traditional system of money, and accounting, and introduce a new one…. The new accounting is what we call “blockchain.” It means digital. It means having an almost perfect record of every single transaction that happens in the economy, which will give us far greater clarity over what’s going on…. It also raises huge dangers in terms of the balance of power between states and citizens. Continue reading “Cashless Society Talk Goes Mainstream in a Hurry and Should Be Trusted Like the NSA”
For years, I’ve written about the creeping approach of central bank digital currencies (CBDCs) as a replacement for coin and paper money that will give government much deeper control over you. Now the time has arrived … IN THE US. Yesterday, The Federal Reserve Bank of New York published the following notice: Continue reading “The Money of the Apocalypse is Rising in US Banks from the Ashes of the Cryptocrisis THIS WEEK!”
I just came across an internal Fed staff document that shows what a mess their minds are. When you see how seriously they are misunderstanding this economy and the causes of inflation and how they are going to fight that inflation like Don Quixote jousting at windmills, you’ll realize there is no way they find a path of out of this that they are not going to make worse for us all. Continue reading “The Fed Actually Reveals the Way its Own Delusional Thinking Works, and Why That Assures a Worse Crash!”
With the S&P diving deeper into bear territory today, it solidly confirmed its status as a bear. While it entered the bear’s woods on Monday by closing at 21.8% down, it shoved its nose deeper into the dirt today like a rooting bear will do to affirm its new identity. The short-lived bull market that began in 2020 is now officially dead in proclamations all over the internet by those who won’t acknowledge we’re in a bear market until the S&P proves it, regardless of other indices. Continue reading “S&P Confirms Inflation Killed the Stock Market and Has ALREADY Sent us into Recession”
The drumbeats of war are picking up the pace of inflation. Inflation, as I’ve argued here for some time, was certain to rise for months to come; but you’ll see in the various inflation notes below that sanctions made in response to the war are increasing inflation even more, as could be expected, and shortages due to the war are driving up costs as well. Continue reading “The Relentless March of Inflation to the Drumbeats of War is Killing us All”
A new report by the conservative Peterson Institute for International Economics says, “China Was Never On Path to Meet ‘Phase 1’ Purchase Commitments.”
The report confirms my claim in December, 2019, that Trump offered a fake Phase One deal because he had failed in his trade war and needed a win for his campaign. Continue reading “The “No-Deal Deal” with China Turned out to be the “Never-Done Deal””
With CPI hitting a 40-year high today, as economists anticipated it would, inflation has shown us it is going to keep getting worse. People in some areas of the nation are already alarmed about food shortages. Prices are rising as shelves go empty. So are tempers. Continue reading “Food Shortages Punching the Populace in the Gut”
The world has become more stupid than I ever thought human beings could collectively become, and I was always certain that human beings could be quite stupid! Today, the stupid train picked up a full load, hit full velocity and flew off the rails. This medical news strains the outer limits of my mind. Continue reading “Peak Stupidity is COVID’s Number-One Symptom”
Leonard Glenn Francis is a Malaysian businessman who infiltrated the greatest power on the high seas and built a billion-dollar empire by providing officers with orgies, Dom Pérignon champagne and security paid for by the USA. And, now he’s squealing like a … rat. Continue reading “Want to Know Where Your Money Goes? Sex, lies and the United States Navy — Meet “Fat Leonard””
When the LA Times wrote that “A record 4.5 million Americans quit their jobs in November,” they said it was…
a sign of confidence and more evidence that the U.S. job market is bouncing back strongly from last year’s coronavirus recession.
Continue reading “Media Slavishly Praise Strong Jobs Market as Being Saved by Vaccines”
Take a look at this unmasked Karen as she assaults an old man on an airplane for being … unmasked … just like her: Continue reading “Just in Case You Think People are Not Going Mad from Pandemania…”
The following is a truly ugly example of how desperately the grinchy health authorities are already rushing in to change the narrative about COVID and vaccines in order to keep their vaccine sales pitch going now that Omicron is rendering the vaccines worse than worthless: Continue reading “Omicron Forces “Health Experts” to Rush to Turn the Narrative”
“All you’ll feel is just a little pinch,” said the friendly nurse as she injected one of the world’s new favorite vaccines into a child’s arm.
The WHOs in COVID-impoverished WHOvilles could be heard all over the world joining in chorus to sing, “We wish you a weary Christmas” as they laid out their Christmas booster campaigns and ordered shops in towns and villages from Austria to Australia to lockdown before presents could be bought and placed under trees. Then, just before Christmas arrived, they rolled up the sidewalks and shut down plays and restaurants, too, to make sure no fun was had. They even shut down airlines with thematic names like “Delta” so that families could not travel for the holidays. Continue reading “The Pinch That Stole Christmas”
I started this two-part series on “COVID War Crimes” talking about Lara Logan’s chastised claim that Dr. Fauci could be compared to Josef Mengele, the Nazi war doctor. It is only appropriate, then, that I open the second article with a story that I came across right after publication of the first article about how the vax war has reached peak lunacy now that German doctors will only help you kill yourself if you have been vaccinated: Continue reading “US Government’s COVID War Crimes Against Humanity – Part 2”
Lara Logan, the host of Fox Nation, has been heavily criticized this past week for comparing Dr. Anthony Fauci to Josef Mengele, the saddistic Nazi doctor whose ghost probably still crawls along the concrete corridors of Auschwitz, looking for Jews to torture, but how far off the mark is she?
Logan, who never shies from controversy, brought criticism on herself from “all across the world” by saying, Continue reading “US Government’s COVID War Crimes Against Humanity”
Interestingly, you’re about to find out that the fall in housing prices and home sales may power us further into high inflation for longer. We are entering a situation that could turn into a true oxymoron where lower prices equal higher prices as early as this week at the Fed’s Federal Open Market Committee meeting. I’ll tell you how that works. Continue reading “Housing Prices Slide after Housing Sales Fall”
When asked about where inflation is now and how it relates to how high the Fed thought inflation would reach and what the Fed’s targets for inflation really are, Powell made it clear that inflation is running much hotter than the Fed thought it would be and for longer: Continue reading “Powell Admits in Congressional Testimony Inflation is Hotter and More Concerning than the Fed Expected”
The S&P 500 failed a breakthrough on Thursday and tucked its head back below its 4200 ceiling again, where it has remained rangebound for weeks. Job news on the economic front that many analysts toasted as great could not lift sentiment out of the doldrums on Thursday, nor could it stop Netflix from making its first death cross in more than two years. Falling below its 200-day moving average is generally regarded as a sign that a stock is trending down for the longer term. Continue reading “Fed Falls for its Own Inflation Fakery”
The most interesting thing about what the Fed is now doing is that it is illegal. The Fed’s argument that it is not monetizing the US debt fails now on its own terms. The Fed is buying treasuries for no purpose other than to directly finance the government’s escalating debt. Here’s the deal:
The drastic moves by the Feds and Fed throughout 2020 sidetracked us without any discussion straight into Modern Monetary Theory, which claims the government can create as much debt as it wants forever and the Fed can directly finance that debt forever with the only bound being the restraints of inflation. Continue reading “The Fed’s Argument That It’s Not Directly Financing Government Debt Finally Fails”