15 Replies to “Temporarily Unexpected”

  1. My take on what’s happening…drum roll please…cue in the symbols…
    A new currency is being created in this next couple of weeks with Russia, China, Saudi Arabia and few other close alliance countries.
    Like so many countries that pick sides and the United States will punish, Saudi will hold back an announcement until the last moment if at all as many investments would be in jeopardy by US Government punishment.
    China is well aware of this game and will always agree even if they don’t abide by the terms.
    Saudi Arabia will do the same.

    Bad thing is, other countries are being put on the naughty list and will be hurting when the currency status changes.

    1. Good perception , I see it a little differently, an economic shift pitting two global groups against each other, on one side the Net Zero governments, the other productive developing nations. I don’t see a new currency (other than digital), they’ll just shift to using other existing currencies, the yuan, ruble, rupee, euro, the US dollar will no longer rule, it will find its true value (backed by $30T+ debt). Everything is so fast and electronic these days that they can quickly adapt to moving and trading their money around in and out of a variety of currencies. The BRICA group will be the organizers, Gulf states, African states, Eurasian states, Mexico and other Latin American states will probably drift in, Israel will be sort of neutral, Australia New Zealand are quite subordinate to Asian trade. A transformational shift away from the US$, probably with devastating results for North America. Note that predicting the future is always an uncomfortable exercise.

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  3. My take on what is happening.
    Western governments are placing regulatory hurdles on local production, and on supply chains, all the while printing and spending money like drunken sailors.
    This results in more money chasing less products, aka inflation.
    Make no mistake, this is being done to us with malice aforethought.

    1. Just WAIT till all three branches of government are flipped conservative in 2022 and 2024 … then … The Deep State … the entire US Federal bureaucracy will exact their revenge on the conservative voters. The Fed will immediately spike interest rates to kill off the economy. And that will just be the start.

    3. Yes. Exactly. And the money is already in the system so the inflation is baked into the cake. When governments print money they are taxing people on their spending AND their savings.

    2. You can’t blame them for banning Biden. His ineptitude has been punishing Americans since the moment he moved into the White House. He carries the Curse of Kornpop.

  6. That 10% CPI increase is just another cooked number. Our fearless leaders keep changing how the CPI is calculated to ensure the number stays as low as possible. If we still did it the way it was originally calculated, the number would be much higher.

  7. 1) there is no threat of inflation due to the government borrowing then “spending” a trillion dollars
    2) there is no inflation, like we said
    3) there is some inflation, but not everywhere, and its not bad, so point 1 stands, please ignore point 2
    4) there is some inflation in some minor areas such as fuel, housing and food, but its manageable
    5) its only for a short time, just like two weeks to flatten the COVID curve, remember then?
    6) inflation is actually good, Stephen Colbert says so, and who would know better?
    7) the government has a plan for inflation if it ever really becomes a for real problem for real people
    8) you’ll love wage and price controls…
    9) its corporate greed that somehow didn’t exist two years ago, just started overnight
    10) did we mention the inflation that isn’t happening, but would be great if it was, is Putin’s fault?

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