The year is almost over. This holiday season we, at Evolution would like you to remember all the information that we provided. Our predictions to which the majority of them, were correct and free of charge. We say this not to toot our horn, but keep it in mind because we have decided to self-publish our book. We need your support when it happens. Thank you.
LEI
The conference board of leading indicators has now fallen 19 months in a row. This only backs up our conclusion that we are in a "stealth recession." Everything is skewed by the government to make whatever administration is in power, to look good. They massage and manipulate all the data. We don't. How about unemployment? The shenanigans began in the 1930s. Look at the...
Population
The estimate is 333.29 million citizens. We have no idea on how many undocumented people are living among us. Anyway, the labor bureau says the current labor force is 164.29 million strong. Dear Reader, that figure drops to 132.34 million full-time employees to which means that there are more people without work (169 million) than are working. We did some math. There are 69 million receiving social security and or, benefits. This leaves us with around 100 million or more than any country in Europe less Russia. There are 73 million young people, but the stat includes all students. This means that 27 million citizens are unaccounted for and as far as the government is concerned, do not exist. So much for the labor stat of 3.9% unemployment. How about...
Inflation
The government says it has dropped to 3.2%. We say this is a lie because it does not provide the compound rate of inflation. It means that prices have risen another 3.2% to the previous inflated level from 2022 and does not show how this ingrained menace adds costs when you look at the previous years 2021 and 2020 and 2019. Milton Friedman said it best, "Inflation is always and everywhere a monetary phenonmenon". The Federal Reserve has been on a 6.5% trendline of money printing since 2011. In 2019, they exploded by adding another $5 trillion. The printing press now sits at $4 trillion over the trendline. Inflation is not going away. Will you join our chorus, "End the Fed!"
King $Dollar
It broke support at 105. The next stop is 101.5. This is great for commodities. See next week's info on projections. Each full percentage basis tick adds to inflation. With that said, those low gasoline prices will soon spike.
Last Tidbit
Filings show that 50 more firms are no longer in operation. Gone. Over. Belly-up. The total for the year is 561 and counting. This represents more than 2-per day every business week. This is another indicator that reflects the weakness in our economy. After you read and digests these facts, one must realize that we need a new political party that supports citizens and workers. One party that does what is best for all Americans and gives the truth. One that explains what it does and why. Peace.
