Saturday, October 16, 2021

Dollar’s Purchasing Power Plunges Further, as Housing CPI Begins to Climb, Food & Energy Soar, New Vehicle Prices Spike

by Wolf Richter, Wolf Street:

CPI inflation highest since 2008 and 1991.

The Consumer Price Index (CPI) jumped 0.4% in September from August. The relentless series of jumps started in January when this “transitory” inflation took off. But now, “transitory is a dirty word,” as Atlanta Fed President Raphael Bostic phrased it so elegantly, because the underlying dynamics have made it persistent: as some prices back off, others are surging.

On an annual basis, CPI jumped by 5.4%, matching the June high this year, and both are the highest since July and August 2008 (5.6% and 5.4%), and all four are the highest since early 1991, according to data released by the Bureau of Labor Statistics today.

Ep. 1626 Stop What You’re Doing And Listen To This Doctor – The Dan Bongino Show

from The Dan Bongino Show:


Netflix To Launch WikiLeaks Smear Job Three Days Before Assange Court Date

by Caitlin Johnstone, Caitlin Johnstone:

Netflix will begin streaming a brazen hatchet job on Julian Assange and WikiLeaks for its American subscribers on October 24th, just three days prior to a significant court date in Assange’s fight against extradition from the UK to the United States on October 27th.

“You can stream We Steal Secrets: The Story of WikiLeaks on Netflix starting Sunday, October 24, 2021, at 12 AM PT / 3 AM ET,” Netflix Schedule reports.

We Steal Secrets was a “documentary” that is now so outdated beyond its 2013 release that one of its central characters, Chelsea Manning, is referred to by a dead name throughout its entirety. Why choose this specific moment to release it?

City bans unvaccinated from getting married!

from WND:

Shots required for appointments for getting license

COVID-panicked officials around the world have run wild setting vaccination requirements for people to live their lives.

In the United States, the newest agenda point has been to demand people show proof of vaccinations in order to keep their jobs, a fight that’s already moved into the courts in a number of jurisdictions.

Also at issue are medical procedures that some hospital systems simply refuse to provide to patients if they are not vaccinated.

Quietly, the Fed Releases the Names of Banks that Got Billions in Emergency Repo Loans in 2019

by Pam Martens and Russ Martens, Wall St On Parade:

The Federal Reserve Bank of New York has quietly posted the names of the banks that grabbed billions of dollars under the Fed’s emergency repo loan operations that commenced on September 17, 2019 – months before there was a COVID-19 crisis anywhere in the world.

The emergency repo loans were made via Open Market operations at the New York Fed. Under the Dodd-Frank financial reform legislation of 2010, the names of the banks, dollar amounts borrowed, interest rate and collateral posted must be made public “on the last day of the eighth calendar quarter following the calendar quarter in which the covered transaction was conducted.” Since the emergency repo loans were initiated in the third quarter of 2019, that meant eight quarters had passed and the public was entitled to the information for at least the month of September 2019. (The Fed has the power to release the information earlier if it chooses.)

As The Global Energy Crisis Explodes, They Are Warning That Heating Bills Will Be Extremely Painful This Winter

by Michael Snyder, The Economic Collapse Blog:

Whether you like it or not, a major global energy crisis is here, and it is going to hit all of us right in the wallet.  Today, markets for energy are truly global, and that means that price spikes in one part of the planet will inevitably filter elsewhere.  For example, a lot of natural gas that is produced in the United States is now heading for Europe, and that is pushing up prices here.  As energy supplies get tighter and tighter, power bills are going to go higher and higher.  In fact, the U.S. government is now warning American citizens to expect heating bills to rise more than 50 percent this winter.  Needless to say, a lot of families out there simply cannot afford that.

Putin says US itself killing dollar as reserve currency by weaponizing sanctions & uncontrolled money printing, fueling inflation

from RT:

Washington itself is undermining the US dollar as the world’s reserve currency by using it as an instrument of sanctions abroad, while raising the national debt and inflating at home, said Russian President Vladimir Putin.

“It seems to me that the United States is making a very big mistake by using the dollar as a sanctions instrument… by preventing payment in dollars for the sanctioned products,” Putin told CNBC’s Hadley Gamble on Wednesday, after a panel at the Russian Energy Week.

Countries facing US sanctions, like Russia, “have no other choice, we are simply forced to switch to settlements in other currencies,” he added. Gamble had asked about the possibility of using cryptocurrencies such as Bitcoin to sell oil and gas, something Putin welcomed in principle but said it was “too early,” citing crypto’s volatility.

Deplorable Until Proven Compliant: Kafka, Social Credit, & Critical Theory

by Joaquin Flores, Strategic Culture:

The coming phase will involve the division of the awakened through the manipulation of trauma-bonding, empathy attachment, and altruism, Joaquin Flores writes.

The new social credit system uses weaponised sociology and mass psychology such that the plutocratic ruling class can transform, with little disruption normally associated with the rotation of elites, into a post-financial technocracy. Therefore, the old social credit system of consumer credit, and likewise systems of law, become moribund. They are replaced by revolutionary methods of social control which a.) uses a sinister trauma-bonded ‘empathic-intuition’ method, at the individual level, b.) alongside pre-crime and permanent guilt as a systemic foundation, c.) and the loss of the 6th Amendment’s guarantee to know the crimes (and evidence) one is accused of.

There Will Be NO Unity In America Until Tyrannical Liberalism Is No Longer Tolerated – #DoNotComply Movement Explodes Into Action As Walkouts Hit Airlines, Trains, And Hospitals Over Vax Mandate

by Susan Duclos, All News Pipeline:

The Twitter hashtag #DoNotComply was trending on October 11, 2021, after employees of multiple large corporations decided to protest with a “sick out,” causing Amtrak delays, thousands of canceled flights,  hospital workers walking out and state leaders bringing in the National Guard to staff said hospitals.

The MSM, in an attempt to protect Joe Biden and his regime from his mandates that are forcing people to stand up for their freedom and rights, causing parts of the economy to shut down, calls these massive delays and cancelations weather-related, or blame technical issues, but Americans see what is happening and the #DoNotComply movement is exploding in action.

Federal Judge Restrains United Airlines From Enforcing Covid Vaccine Mandate on Employees Seeking Religious Exemption

by Cristina Laila, The Gateway Pundit:

A federal judge in Texas temporarily restrained United Airline from placing employees on paid leave who seek religious exemptions for Covid vaccinations.

Two weeks ago United Airlines employees sued the company in a federal court in Texas over its Covid vaccine mandate.

Attorneys for the employees argued the airliner’s vaccine mandate violates the Civil Rights Act of 1964.

According to the employees, United is not accommodating religious or medical exemptions as promised – rather, the employees are being put on six years paid leave.