Here’s the audio of this week’s Wheels up! segment with Bill Meyer over at KMED FM in Medford, OR. We talked about the Fix Being in as well as Orange Anxiety, among other things:
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The US has an easy way out of the deficit – IF it our nation can swallow its pride, slink off the world stage, and leave better adults to manage the world. Basically, the US would have to commit to cutting its defense budget and stopping all foreign involvements, then the US would be selling its debt as “peace bonds” which I’d expect BRICs and friends would welcome as a win-win deal. They may not even demand full market interest rates, just to keep the US motivated to stay out of the picture for a while. Yes, times they are a-changing.
the definition of ‘smart’ used to mean pain. and still does except the online dictionaries say it means your ”intelligent”…big brother took the meaning and placed it in rabbit hole…it means pain, painful, smarting…that smarts….yes…it is pain!
smart electric cooks you alive. burns. causing pain. smart appliances put off frequencies wifi that also cause pain. it is in the word.
i have nothing inside my house that is causing pain as in ‘smart’. if you look you can find things that have no wifi or smart technology. just takes a bit of work.
the electric cars have a fake sound recording that makes an engine noise because people can’t hear it coming if they are crossing the street and animals were getting hit. deer. so the manufacturers created a sound recording to play an engine sound. what a joke.
the people who buys these are not intelligent. they have money to throw away on things that are useless. shows the lack of I.Q. in my opinion. their minds must be ‘smarting’. after buying one.
I actually caught part of this show yesterday tooling up the I-5 through Medford. First time I heard Eric live. I can pick Bill Meyer show up from the CA border to Gold Hill.
BTW – I was researching the Prius C and it never catches on fire as it has NiCad batteries, not lithium ion. Toyota IMO seems to understand physics better than Tesla.
Just a heads up – if you all remember my claim/prediction that interest rates are going up, that the 40 year drop in rates from 1980 – 2020 ended – and rates have reversed – that the new trend in rates is now up. I also claim, that they will go back to the 1980’s highs and from there perhaps go to the moon.
The fundamental cause is out-of-control deficit spending – and I say Clowngress will never get their act together in time – to cut spending – to stop runaway interest rates. According to me, Amerika has entered third world banana republic rates and political infighting. A nation 34 trillion in debt has passed the point of no return.
Obviously, the next upleg in rates will shock the stock market bulls who have been expecting “imminent pivot”, car loan rates (especially on used cars – rates will soar, home mortgages follow 10 year Treasury. Thus we could be in for decades or stagflation – higher inflation and interest rates.
In the last 2 days 2 articles have surfaced confirming my suspicions:
Higher Forever? Even Yellen Starts to Get it: Higher Inflation & Higher Yields Are Here to Stay
by Wolf Richter • Mar 13, 2024 • 127 Comments
“It seems unlikely that yields are going to go back to being as low as they were before the pandemic”: Yellen.
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ZH Rates are moving – and all stocks except for 7 should pay attention
FEDERAL RESERVE ECONOMIC DATA (FRED) CHART
USA CPI (12 month rate of change) WITH FUTURE PROJECTION
IS INFLATION READY TO TAKE OFF AGAIN LIKE THE 1970’S?
https://i.imgur.com/yZyOjP7.png
Discussion of reality concerning inflation and the Federal Reserve vs. the useless proclamations of MSM economists, Jew idiot economissed Paul Krugman, Jew swindler Janet Yellen:
Jews took control of the United States when Woodrow Wilson signed the Federal Reserve Act into law. The “Fed” is not Federal and it has no reserves. The Fed is a private central bank with stock ownership (the owners are the commercial banks – and the commercial banks are owned and controlled by Jews).
As soon as the Fed was created, the Jew bankers immediately got the USA in debt in WW1, then later WW2. Now they own us. These banksters knew exactly what they were doing, and Wilson was a damn fool – then on his way out he admitted it:
“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world – no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”
Since 1913 you the citizen have been enslaved by a private banking cartel. Then these criminal banksters shoved the Income Tax into law – which they use to sop up excess credit. So if you make money with their Federal Reserve Notes you must pay a fee to their racket – the IRS is the Fed’s collection agency and shakedown thugs.
What the Fed does is create money out of thin air, and this causes inflation. Congress helps by running endless deficits which the Fed monetizes. Using gold as a measuring stick, when the Fed was created gold was $22 and now it is almost $2200 – that is a hundred fold increase in prices YET THE FED CHARTER SAYS THE FEDS #1 JOB IS PRICE STABILITY. Congress does not have the legal right to audit the Fed, so we have no idea what the Fed is actually doing.
Ron Paul says audit the Fed. Not a chance.
When the Covid scam hit, James Bullard (CEO. St. Louis Fed) said Covid was a hoax, that the Fed created the pandemic to jack the money supply – which it did hugely. The M1 was jacked from 4 trillion to 20 trillion overnight. That causes inflation according to the monetary school theory. So now inflation has started and probably will not be tamed as the M1 was increased so much – that there is so much money floating around – people are panicking to get out of money and buy real things, like cars, real estate, stocks. Inflation is a psychological phenomenon – once the public loses confidence in the paper money – the value starts to collapse – and that is happening now as pickup trucks are over 100K.
Thus the USA in now on the path straight to hyperinflation hell, and the Fed is now fighting inflation – WHICH IT CAUSED. So what these liars do is lie their asses off about the whole damn thing. The Fed is a big inflation engine and it is reaching it’s finally conclusion – the destruction of the value of the USD.
The Fed says it is going to fight inflation. Now they are saying inflation is endemic. What a bunch of damn liars, where did this inflation monster come from all of a sudden from out of the blue?
The Fed created the inflation monster in 2020 chart.
https://i.imgur.com/3xpCQZh.png
Back in 2009 under homo Obongo, the M1 was less than 2 trillion, then it went up 10x to 20 trillion. Inflation of the money supply is purposeful debasement and an attack on the value of your labor and savings. The people who did it are lunatics.
They are baffled where inflation came from. They are lying there asses off. They created a debt based money system that only survives under inflation, so when they panic they gun the money supply.