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MAY 13, 2022
NY Times: Americans Differ on What’s to Blame For Inflation.
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NY Times: What is Inflation, Why Is It Up and Whom Does It Hurt?
NY Times: Americans Differ on What’s to Blame For Inflation.
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NY Times: What is Inflation, Why Is It Up and Whom Does It Hurt?
REBUTTAL BY
The shifty sneaky illusionists at "the paper of record" have proven themselves capable of concealing things that are in plain sight, filmed even, from the sleepy eyes of the bewildered boobs of the overlapping tyrannical kingdoms of Normiedom & Libtardia. They dutifully concealed the perfect videotaped footprint collapse of a third skyscraper on 9-11-2001. They buried Obongo's known, published ties to violent Communist revolutionaries; as well as his homosexuality and Big Mike's own genital skyscraper. They concealed Biden's videotaped boast about bribing / blackmailing Ukrainian politicians into firing a prosecutor who was investigating a corrupt company which his son, Hunter, was involved with. They covered up the fact that the PCR "test" of Stupid-19 fame -- as stated on video by its inventor -- was never intended to serve as a diagnostic tool. And they have concealed, to date, the "jaw dropping"™ prima facie evidence of voter fraud in the 2020 Election as presented in the film, "2000 Mules."
But one inconvenient reality which the Judenpresse cannot hide is the galloping inflation that is smacking even the dullest dimwit upside his stone head, every time he opens his wallet or checkbook. The "normal" 2-3% per year (actually 4-5%) rate of currency debasement has, in the past, been ignored or downplayed as "low inflation." But this double-digit disaster has to be addressed; and it's now front page news --- albeit with an outrageously fallacious spin.
But one inconvenient reality which the Judenpresse cannot hide is the galloping inflation that is smacking even the dullest dimwit upside his stone head, every time he opens his wallet or checkbook. The "normal" 2-3% per year (actually 4-5%) rate of currency debasement has, in the past, been ignored or downplayed as "low inflation." But this double-digit disaster has to be addressed; and it's now front page news --- albeit with an outrageously fallacious spin.
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1. The Slimes simply pretended that the filmed collapse of World Trade Center Building 7 did not happen. // 2. The Slimes also pretended that Joe Biden's filmed confession to bribery / blackmail did not happen. // 3. But the horrible inflation cannot be similarly concealed from normies. Instead, its causes are being spun.
Now, "youse guys" should all know this by now; but we'll review the correct definition of inflation anyway.
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Inflation is the widespread increase in prices fueled by the central bank's (The Federal Reserve) deliberate counterfeiting expansion of the money supply -- through the banking system (private loans) and/or the Fed's purchase of the government bonds (public loans) with money created from nothing -- at interest.
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*Editor's Note: The very reason why counterfeiting is a serious Federal crime is because it degrades the purchasing power of everyone's else's currency --- and that's without the injection interest charge!
Because Interest + Principal is greater than Principal alone, there must always be far more debt owed than there is money supply to pay it back with. Only the perpetual creation of new debt-money loans (more inflation) can service the old debt-money loans. It's that bloody simple. Read BANCAROTTA!
The demonic dynamic of dollar debasement is, when properly presented in concise terms, very simple to understand. But instead of explaining it to the normies, the Slimes portrays the subject as if it's some esoteric mystery that even the diploma-decorated "experts" cannot agree upon. Here's a confusing (and infuriating!) snippet from one of today's Slimes articles, by Jeanna Smialek:
Smialek: Trying to understand inflation can be a mind-bending task.
Rebuttal: "Mind-bending?" Really? Actually, it's childishly simple. Refer to my aforementioned definition, and read the entertaining BANCAROTTA! allegory, by yours truly.
Smialek: People who have studied markets and the economy for years often do not know the ins and outs of how inflation is calculated.
Rebuttal: Academic eggheads need to "study" less and think more. That's the problem.
Smialek: Its aftereffects on society are nuanced.
Rebuttal: It's "nuanced," eh? Frickin' eggheads. Forever complicating the simple and over-simplifying the complex. The "aftereffects" bust family budgets and cause hardship. It's that simple.
Smialek: What causes inflation? In the short term, high inflation can be the result of a hot economy — one in which people have a lot of surplus cash or are accessing a lot of credit and want to spend.
Rebuttal: And from whence exactly did all of this "surplus cash" and "a lot of credit" which ended up in the bank accounts, brokerage accounts and credit lines of buyers in the "hot economy" originate, Jeanna babe? The sky? The backyard vegetable garden? The frickin' Money Fairy?! Hmmm?
Smialek: If consumers are buying goods and services eagerly enough, businesses may need to raise prices because they lack adequate supply.
Rebuttal: Yes. More money & credit chasing the same amount of goods MUST, as the ratio of money to goods is altered, cause prices to rise. But again, Jeanna, WHERE DID THE MAGIC DEBT MONEY COME FROM?
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1. The How & Why of inflation is actually so simple to understand that a children's story can explain it (BANCAROTTA!). // 2. Jeanna Smialek -- young and stupid, or young and dishonest? // 3. Not a single mention of Rothschild's all-mighty Fed counterfeiting, loan sharking & market-rigging crime syndicate!
The Slimes surveyed a bunch of bewildered boobs to see what factors normies blame for inflation. Covid, supply chains & corporations were wrongly fingered as the main causes. The actual Fed central bank debt-money system didn't even register among the top 5 perceived causes.
Smialek: Or companies may choose to charge more because they realize they can raise prices and improve their profits without losing customers.
Rebuttal: Ah yes, evil "capitalists" -- smoking cigars and wearing top hats -- "gauging" the public at every turn. But Jeanna, you stupid (or dishonest?) little girl: What's causing the commodity, supply, production and labor overhead costs to these companies to also rise?
Smialek: But inflation can rise and fall based on developments that have little to do with economic conditions. Limited oil production can make gas expensive. Supply chain problems can keep goods in short supply, pushing up prices.
Rebuttal: Amazing. Not one reference to the explosive and historic expansion of the US monetary base (debt money). -- not even as a limited hangout or dismissive downplaying!
Smialek: The inflationary burst America has experienced this year has been driven partly by quirks and partly by demand.
Rebuttal: "Quirks" and "demand," eh? Yeah --- like five trillion in new Federal Reserve "quirks," more or less, injected at interest. There's your "inflationary burst," Jeanna.
Brilliant analysis, baby girl. Positively "mind-bending." (rolling eyes)
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As tempting as it is to tag young Jeanna's article as treasonous monetary mendacity, and she may very well be a career-minded traitor; speaking as a business major who "studied" for several banking and economics courses at Rutgers University during the 1980's -- I must confess that, upon graduating in 1987, this "young Republican" hadn't the slightest idea as to "the how and why of inflation." As Jeanna observed, the matter all seemed so "mind bending" and "nuanced" at the time. So maybe she really is this ignorant after all.
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Blaming inflation on "capitalists" or "the supply chain" lets the eternal culprit off the hook.
Skyrocketing money supply chart (at interest). How's that for "quirks" and "nuance?"
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Boobus Americanus 1: I read an interesting review of the causes of this inflation in the New York Times today. Expert opinions vary.
Boobus Americanus 2: Complex monetary analysis tends to be quite nuanced.
St. Sugar: Bullshit Boobuss! Truth always ssimplifiess, only liarss complicate!
Editor: What could be easier to grasp than the simple dynamic of too much debt-money chasing the same amount of goods?
Boobus Americanus 2: Complex monetary analysis tends to be quite nuanced.
St. Sugar: Bullshit Boobuss! Truth always ssimplifiess, only liarss complicate!
Editor: What could be easier to grasp than the simple dynamic of too much debt-money chasing the same amount of goods?
1944 // Mint Condition
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