Another Agency, Another Deception

When someone puts forth an idea to collect data or correct a wrong, they are usually seeking to do good. The opposition which is usually the status quo, seek to limit the power of this new agency. One of the ways they neutralize a bureaucrat is by appointment. When their puppet achieves power, they have that person nominate their type of people to run agencies. This is the same basic flaw that is inherit to the Supreme Court. I reveal this in depth in my unpublished work, The Evolution of Democracy: the Book of Multiple Ideas and Predictions.

As for the bureaucratic agency, they learn the ropes to stay in their cushy position by playing politics. An administration makes known its focus. The agency responds by supplying data that falls inline to the administration's liking. They do this behind closed doors. They adjust their data or the components for the data to get the results that keeps their job. This is another sad aspect of democracy. 

Last week...

the bureau of the Labor Department released their monthly report on inflation. It showed that inflationary pressures are subsiding in August. The Federal Reserve will use this to "prove" their position on inflation. It is transitory.

At one time in my life I would say to myself - yes, I see inflation. However, the people in the know say it will be temporary. This type of report would calm my nerves about rising prices. With time one gains experience. My experience shows that you cannot trust politicians, big money and bureaucrats. Let us consider the report by the Labor Dept.

Did you know...

the data collected did not include 20% of our economy? They do not mention their data has a but and it is a big butt. That's right! Just like the Fed that lies about everything, especially inflation, the Labor Dept. does not include online sales. The Fed does not include the three necessities of life: food, energy and shelter in their matrix formula. The Labor Dept. does not collect data on internet sales. This component has grown every year and it now makes up one in five sales for consumers. Sales online have increased for 15-straight months. So, let us check what is happening in online sales.

Adobe Digital

reported that merchants are raising prices.  They complied data in many categories. It shows both increases in price as well as declining prices. Here is a sample list.

Apparel is up 5.52%... Non-prescription drugs is up 4.68%... sporting goods are up 3.47%.            There are increased prices for medical equipment and supplies, furniture, appliances and pet products. 

Declining prices were in office supplies at 1.53%... books at 1.61%... electronics at 1.82%.              There were big declines in toys and computers.

Here is a quiz. Guess which category the Fed Chair will use in his next speech? Whatever your choice, I bet it comes from the declining side of the equation.  

Global Issue...

inflation is becoming a world problem. We cannot show all aspects with limited space, but we chose Australia. Why, you ask? The nation does the most of its trading with the Pacific Rim. We concentrated on housing because the construction of a house has many components across all areas from copper and lumber to appliances and paint. Housing prices are up over 14%. This means many components cost more and as a result so does the house. Keep in mind that we import most of our stuff from China and the Pacific Rim. Also, we admit that we don't know every agency in the global network, but we tap common links like the United Nations. Its latest report on international food prices shows the global community is paying 31% more as compared to last year. The Fed will never mention global food prices, but here is another sad statistic. The US imports more food than we export. Youza! 

In another report by Data Trek Research, it says that US food prices have grown by 8% since 2019. So much for transitory inflation. One reason is the imported food. The same report shows imported food prices have risen 0.6% in month over month and 10% year over year. One culprit is shipping costs. The other culprit is lack of tariffs to protect American farmers. Our nation should never import more food than we export. What agency tells us these facts?   Peace.

Walmart, Housing and Inflation

Did you know that if you take a job at Walmart (WMT) that after 90-days, you are eligible for free college tuition? Amazing, is my first reaction. Then, I thought. Why the change of heart? Walmart added a slogan, "LBU." It translates to Live Better U. They say that they want to provide education so  their workers have a better future. When did this epiphany happen? Was this humanitarian, Christian charity always just below the surface of corporate dealings? If so, why didn't it manifest itself when I was collage age? Surely, the profits were always there. It is simple...today,

Workers Needed.

When you think about it, one realizes this corporate giant was always against unions and employee benefits, but did not have to bow down to labor when there was always more workers than jobs. Actually, the equation has not changed, but the virus has changed labors view of risk - work is temporary and life is permanent. 

Prediction

Some Republican think tank will come up with this stimulus idea. If a firm offers higher education, the government will give that firm tax credits to cover the costs. This is is how the GOP (Guardians of Privilege) thinks. By the way, Target (TGT) announced a similar school program. 

Of course, big money is hoping that technology will come to its rescue. With AI, they could get by with fewer jobs because they would need fewer people. This is the continuous tug of war between the Haves and Labor. The Haves problem is compounded by the virus. It has caused workers to miss work. The result has caused disruption in supply chains whether at a factory or in transportation out of a plant. The complaints about the virus is behind all the noise over vaccination. The outlook is cloudy. Why?

Demand...

It never really went away. However, the supply is lacking. We all see the outcome in the final analysis, the price. It is up and up for everything. 

Inflation comes when demand exceeds supply. It comes when your dollar declines in value. It comes with poor leadership. The US has the worst in all three ways. It has the Federal Reserve. They have already been shown to be wrong on all levels. The chair, Powell has revealed his poor decision making in his answer to the question of inflation. His timeline went from soon to months and now, to the end of the year. If he was referring to the physical year, it ends next month. Of course, he will "clarify" that comment to mean 2022. 

A Daydream...

If I was questioning the phony chairman, I would ask him about the "transitory" inflation as it pertains to housing. It is up 16% year-over-year. Can you even figure out your last ten years of wages to see if they rose by 16%? Probably not. This leads to one of your biggest costs...

Housing and Shelter

Housing is not about to change in price even if another recession appears. Why, you ask? Simple: housing construction vs. population growth. The US birth-rate is low, but immigration is off the charts. We build roughly 1.6 million new homes a year. Population grows by 150,000 per month. Demand exceeds supply. This is not a yearly forecast. This has been going on over a decade. Pent up demand is way too high. The high price for homes allows the rental market to also raise prices.

Housing and shelter will continue to rise, but the real danger is that we become a rental nation. Society will lose their respect for private ownership. This is central to our nature, our American dream and constitution. Our nation needs to build more homes, period! We need to address the stepping stones of real estate and home ownership: the starter home, the family home and retirement house. However, the other side of the coin is costs. Demand will add to inflation. Demand will make resources more expensive. One idea...?

Thin the Forests!

Push logging again in our vast nation. We make wooden houses. With cheaper wood we bring the price of lumber down. At the same time, we cut down on wildfires. However, we at Evolution would not want to see clear cutting. Whole sections of the country with just tree stumps. Do the cutting right. This means planting new trees for the next generation. America needs a better future. Peace.

GOLD: Now, More Than Ever

The title expression is not new. It has been repeated countless times throughout history. When the Persians threatened the Greeks, the meme was heard. When Attila was coming to Rome, everyone was made safe due to the Pope buying off the threat with gold. No matter what or who controls government, people would always horde gold because they knew in a crisis, it could save them. 

Change is constant...

was the genius of Heraclitus. However, even he would admit that gold retains itself, no matter how much time passes. People, from early civilization understood that you cannot carry your house to move if danger beckons. Anyone in California who is threatened by wildfires can relate to the point. You can carry some possessions, but if bandits appear, they will steal them from you. However, you can hide gold to deceive the thieves. Wherever you go, it is recognized as value. It will buy you food and shelter. It will allow you to start again anywhere on the globe or 50-states. It is the security of the ages. 

Founding Fathers

were good, honest men. Maybe within each, especially the wealthy, there was a personal agenda? However, in the understanding in what they were trying to achieve, they put forth their best reasoning to lay the cornerstone for our nation. It is why gold is written into the constitution. They knew currency is the framework to create prosperity. By having gold behind our dollar, it allowed Jefferson to purchase from Napoleon, the Louisiana Purchase. Napoleon could have sold to anyone, but he wanted the strength and value of gold. It is the same principle that allowed us to buy Alaska from Czar Russia. They wanted the strength and value of gold. Would anyone sell a possession to the US today for its fiat currency? I don't think so. And that brings us to the heart of the title. 

Sold Out!

President Wilson sold out the nation to influential bankers to create to the Federal Reserve. The Fed was an idea of the rich to protect themselves from "Black Swans." All the BS about mandates and purpose of the Federal Reserve is just that, BS! It is like the magician who uses deflection to take away your eyes from his deception. At the moment, the machinations of the central bank is catching up with them. Our central bank takes its cue from Japan. As long as Japan can continue to "play the game" the Fed can do the same. The problem for Japan is twofold. One, they are not the world's reserve currency. The global community can continue without the yen. Two, their aging demographics. The Fed governors know that the US is the world's reserve currency. It like holding an ace in your hand as the down card. The Fed's real problem is debt. It has to be repaid. As it grows, it multiplies due to compounding. We are at the inflection point. The point where society is realizing the danger in the dollar due to its shrinking value. Inflation is not rising prices, but the less purchasing power of the dollar. The more dollars printed, the less value they retain. 

The "Promise"

is all that stands behind fiat dollars. When you have something to sell, (read export) you seek the best price for your product. If the return value in the transaction keeps declining, the seller will demand more for his product (read inflation). Sellers are losing confidence in the promise of the dollar. 

Biden's dilemma

Some of his spending plans are very much needed. His problem is money and using it without having any. You print it. This is debt. He has to fight Congress that is overly influenced by the banking industry and the military. These are the enemies of America. At least, the America that our founding fathers gave us. The freaking military has dominated the federal budget ever since the Cold War. The rich have bought their influence to suppress workers and unions. Outsourcing is a form of suppressing labor. Our government is not in touch with our citizens. It is the central root to the January Insurrection. Even those who are aware of the dangers in debt, see no other choice than to continue to play the game until some financial crisis erupts to change the game. This is where the Fed is directing us. 

Old 5%.

As long as I can remember, banks would pay you 5% to deposit your money with them. The excessive money printing by the Fed ended this way of life. It should have been an alarm to our falling standard of living. We have been declining ever since. We are no longer in the top twenty in living standard. Our schools which is our future is also declining. Covid-19 exposed the US manufacturing decline. We cannot even produce masks! Everything is imported. We are import dependent. Tariffs can help stop this bleeding. Tariffs will cause inflation, but it is the correct medicine to stabilize our economy. When things balance out, tariffs will help the middle-class to grow again. We, at Evolution could talk a book on the subject. The Fed has turned our balanced economy with its best feature, social mobility into a bar-bell economy. Rich (weights) on one end, nothing in the middle and poor (weights) on the other end.

Now getting back to interest rates. If they were to return to 5%, our country would collapse due to the interest due on past debt. It would consume almost half of our yearly budget. The military is not protecting America, they are bankrupting our nation. The Fed is destroying our currency. Together, this leaves you, Dear Reader, to your own self survival. You need to prepare and the charts for those of you that are so inclined, are reinforcing the call for gold - now, more than ever. Before that, think about the following.

Building Collapse...

was a tragedy in South Florida. If you allow me to use it as a metaphor to what the Fed is doing to our dollar, there is a perfect correlation. The condo was built on reclaimed ground. This is the Fed introducing a reclaimed currency, fiat. When you build on solid ground, your foundation is strong. The Fed took our strong foundation and applied the principles to fiat. You can't fake foundation. Cracks began to appear in the condo like 1929 in our economy. The Fed supplied patchwork repairs like spackle on a crack to smooth it over. To all, the fix appears to work. It hasn't. Why, you ask? Because the foundation is sand or "promise money." The dishonesty of the board like the Fed as things are under control is a lie. One night the moment of reckoning appeared. Down went the building. One morning, the news will announce a financial emergency. It could be derivatives crashing, loans not paid that causes a contagion within the banking industry. The list is long. It will be like when FDR said you no longer have the freedom to own gold. The thought is heavy and fearful, but no government can stop what people of the world know. Gold is honest. Gold is valuable. In a crisis it can save your life. Sadly, people died not even knowing at the moment, why it was happening to them.

Hammer...

Gold ended the month of August with a hammer under candlestick charting. This is super bullish. Maybe the Fed takes their cue on fiat from Japan, but traders thank the Japanese for candlestick knowledge. Gold is above its 200 and 50-day moving average. The precious metals market is in harmony as silver also moved above its moving average. Reread our past articles to locate which miners we believe will do best before the prices rise to high and you can only hope for a pullback. You might not get the chance.

History is on gold's side. When you buy gold, you know what you are getting and what it is valued. Gold can be exchanged anywhere in the world. It is liquid and portable. In these dangerous financial times, you give yourself an option for security. You can't put trust in politicians. When did they ever keep their "promise?"  

Odds and Ends: August 2021

Here we are in September and Powell says his group thinks their policies have strengthen the economy. They are considering reducing asset purchases as a way to let the economy stand on its own. So much, BS!

Dear Reader, the physical year ends with October. The Fed chairman only hints at reducing stimulus. For all practical purposes, the year is over. So, no change. He throws out the thought to show the inflation critics like us at Evolution, that the Fed have all things under control. He has been shown to be wrong on his first two prognostications on inflation. He now says the "transitory" nature of inflation will subside by the end of the year. I promise you this: Here, at Evolution, we will revisit inflation come December.

Bills of Credit

People, those assets purchases by the Federal Reserve are bills of credit. It is also causing another bubble under the radar. The Supreme Court decision in 1888 made the "Full Faith" clause. It means that laws should be not as single states but as one, unified nation. Well, the Fed policy of super low interest rates, has allowed the sellers of junk bonds to lower their offering rate. However, these new low yields do not imply quality. People are buying in search of yield. S&P rating service says a good third of these offerings will be worthless. A lot of people will be hurt by the Fed, but their crony's will deflect the cause to some other plausible BS. 

Better Option

We all have heard the rumors, right from the beginning with the introduction of the virus vaccines. They may weaken overtime. We may need a booster. Well, great and courageous doctors have a legacy and history of doing their own research with little financing and resources.

There is one doctor who inoculated his staff with a pathogen fighter that has proven to be effective with no side effects. The medicine is called, "Ivermectin." None of the staff have become ill. No one seems to attempt to follow the lead of this virus stopper! Maybe Congress has too many personal shares in the three drug companies? Give this doctor credit and give more research to using Ivermectin.

Cascade of Disasters...

is what Niall Ferguson calls our current global situation. Whether it is employment, immigration or the environment, there have been 244 global unrest protests so far in 2021. The IMF says all these actions will lower global GDP. 

On Again, Off Again...

is reference to the moratorium on evictions. The Supreme Court has overturned the Trump/Biden calls for the stopping of evictions due to the virus effects on our economy. This is sad for all sides. The stimulus package provide more than enough money to appease all parties. However, only 10% of the  money has been distributed. There will be 2-million evictions in the next two months. We also have 8-million more who could become victims. We will have higher rents and more homelessness. Why? Because the incomitance of our so-called leaders.

By the way, New York has 65,000 cases waiting to be executed for eviction. They will get more and the outlook is it will take either April or May of 2022 to enact all these filings.

NAFTA, Where are you?

The Mexican government is seeking to renege the new trade agreement in North America. They signed the deal, but now, they say they don't know what they signed?!? They want clarification on terms like what is considered manufactured and assembled? Their spokesman, Luis De la Mora is putting pressure on Biden to appease, especially with all those immigrants sleeping at the border.  

Not a good outlook...

The government reported that over 61% of taxpayers, paid no taxes. We got record deficits that are set to explode even higher will two more stimulus packages and the majority of Americans pay nothing. This type of lunacy will destroy our currency to which will end our reserve status. When or if that day appears, the US will fall to a third rate nation. Stimulus is fine, but it has to pay for itself.

Nice Idea

Meat plants are using prisoners to help with the labor shortage. I just hope that they offer jobs to these people when they are released. Tyson just raised its chicken prices by 40%. Hope, they pass some of this gravy to the new help. Hey, Powell, how does these new prices relate to your "transitory" prediction of inflation? As always, End the Fed!  Peace. 

War-mongers Everywhere

 This week's story is not the withdrawal problem that the Biden administration finds itself. It is the exposing of all the voices that influence our government. And guess what? They are all War-mongers!

It is not the poor veterans who ask why they sacrificed? Although, a deeper review of the question is very valid. It really displays our poor leadership, our poor judgement and most of all, the ego to oppose what our founding fathers believed, to avoid foreign entanglements.

If we review the scorecard, this is the results. We got a push in Korea. We were wrong in Viet Nam. Remember the reasons? The domino effect of Communist China taking all of Southeast Asia? The other BS about introducing democracy to the region? We wasted lives, resources and years for nothing. All we accomplished is to split our nation on beliefs and values. By the way, communist Viet Nam is now one of better trading partners. It also went to war with China. So much for the domino effect? Our media gave it little notice. Corruption to hide the stupidity of the folly by the war-mongers.

Iraq and Afghanistan: another feather in the cap of stupidity. To give you a better perspective in the lack of ability by our military and warmongering leaders, consider the story of Bagram Airfield as a microcosm to the idiots that get to run our nation. The same ones that use solid citizens, our soldiers, as pawns. The same ones who wasted trillions for nothing!

Bagram Airfield...

was a military base in Afghanistan. This is where we flew in and out. This is where we stored our equipment and supplies. We occupied this base for 20 years.

In the middle of the night, not to long ago, we deserted the base. We left countless weapons, supplies and transport worth billions. The BS was the Afghan soldiers would utilize everything in their conflict with the Taliban. Didn't happen! Experts are wrong, again! It gets worse. Biden had already announced the withdrawal. So, logic would say that no matter the outcome within the nation, we had an airfield that was completely under our control and more importantly, secure. The withdrawal should have taken place there. Again, stupid is what stupid does. Do you need more examples?

Other BS...

It is in our national interest. Our national interest should be in protecting our citizens and businesses. Everyday, someone is hacked with no end in sight. Where is the protection? If we didn't waste our lives, resources and money on war, it could have been utilized to improve our standard of living. All the foreign entanglements have resulted in making the US not even in the top 20-nations in standard of living. Our schools and students are getting worse and worse as we allow idiots to control our conversation. We have racial problems. We have kids that are so confused that they do not know what sex they are. We have gun violence on an almost daily occurrence. We have rampart poverty with food insecurity. We have more and more people sleeping in the streets. This is our national interest and as it says in the constitution, "...promote the general welfare."

Then, the "rare" earth minerals? We have been there 20-years with private contractors. The only thing coming out of the country is heroin.

The BS that other nations can not trust our word. This BS changes every four years with any change in government elections. The only that these BS artists should worry about is that we put tariffs on imports that will force outsourcers to come domestic.

The country will be a haven for terrorists? We have more dangers on our home soil due to the government neglecting the will of the people. Besides, the Taliban will worry that Al Qaeda could get too strong and be a political as well as violent force against them. In addition, there is a region in the north of the country that no one controls except the local tribe. The Taliban may declare its Emirate, but this northern tribe will still control this region. The US military did not change control. Al Qaeda is afraid to go near its borders. This is a true reflection of the Middle-East, tribal rule. Our nation should  worry about the problems in the US and let other nations worry about their own, domestic problems.  

So-called Insurrection

If it was an insurrection, the majority of the protestors would have had guns and used them. They would have stayed in the Capital and held it by force. What it really showed was the dissatisfaction that citizens have with our politicians not doing the will of the people. It basically was "acting out." 

We don't need labels like "populism." Trump captured this meme within our citizens. However, he failed to do something good with it. This is why we, at Evolution, advocate a new, third political party, the Liberty Party. Our cornerstone is to promote the general welfare, end all foreign entanglements and raise our standard of living. I like to believe our founding fathers would join, whole-heartedly. 

We have allowed all our corporations to outsource labor and do everything to oppose workers and unions. Idiots made the word "liberal" a curse. What we need is more open mindedness to address all these issues. We need to cut the military budget in half and use the money at home. That is true conservatism. Tell Graham and the Washington Post, Washington Examiner to shut the hell up! Graham only cares opposes because he knows that the South gets military bases. This helps his state economy. Find good jobs with new technology. None of you people are smarter than Madison or Monroe. Give Peace a Chance!

Caveat Emptor

For those of you who went to public school, it means, "Buyer Beware!" As many of you know, we, at Evolution predicted a market correction in June. Didn't happen. Sorry, about that. Our thinking, leading into that calendar date was the market was not realizing what we saw, unemployment. As far as that matrix is concerned, we are on the money. The market was at that time and for the foreseeable future is banking on the Federal Reserve bank to provide low interest and print MONEY. The market has excess greenbacks. This is changing what we think at Evolution.

March 12, 2021

On that evening and into the next morning, the Federal Reserve created one trillion dollars out of thin air. Magic! 

They had a fear concerning the Repo market. Printing of money is their favorite cure.

When your rent or mortgage is due - when the wife nags about should we send the kids to school with the virus and if we do, we need new clothes, sneakers and school stuff - when you wish that you could afford cable to see the new Star Wars or whatever gets your interest - when you need to refill the gas tank and on-and-on, who you gonna call? Ghostbusters!

Well, you would have a better chance than counting on the Fed to do the right thing. Every dollar that is printed, lowers the value of the currency. When you shop and see rising prices, your defense kicks in. You seek to avoid inflation by substitution. But, there is a problem. Everything is going up. Then, you see a coffee or cereal brand that you like with the old price. You grab it. When you get home, you realize that you have been bamboozled! There is less product in the package. This is the old playbook of grocery chains and their suppliers. Dear Reader, it is worse than less product in the box or inflationary prices, everything is a lie!

Chief Bull-Setter

Jerome Powell, chair of the Fed, said recently in response to what he previously said about inflation. He called the "recent" price increases as transitory. That recent date was late February of this year. Now, he expands on his BS because the timeline of his public responses to inflation has already exceeded his projected date. He now gives his transitory timeline until the end of this year. So, my June correction call should be given an equal chance by extending the date to the end of the year. Anyway, Powell goes on to explain what he understands as transitory and inflation. He says, "Transitory does not mean that prices will reverse. What is happening is the restart of the economy."

So much BS! How about a second opinion? Lawrence Lindsey was a Fed governor in the 70s when inflation was out of control. He said recently, (he speaks from experience) "Once you get 3% inflation for six months, it is embedded." We have passed that point. He also talks a lot about supply side economics. He is from that school. The trickle down economy was BS, so I never give these guys trust. However, he is long retired and he is speaking some truth in his old age. As to supply and demand, he says, "Today's Fed only answers demand. They consider unemployment as supply." This is why the government always wants some unemployment. It acts as a check to inflation. The problem is wages. Higher wages cause inflation. History shows that wages never keep up with inflation. When will government leaders learn to back workers because producers own everything anyway? We foresaw the unemployment picture. People are sick and tired of low wages, no benefits and no future.

Transitory and Prices

Powell is speaking out of both sides of his mouth. If prices go up and they do not reverse to the prior lower level, this is inflation. What he fails to admit is inflation is a delusion. Prices appear higher because the value of a currency shrinks. This lowers your standard of living. It takes a long time to return to the equilibrium or in this case, your prior standard of living. The Federal Reserve printing has been shrinking our dollar's value for decades. This is why we have a shrinking middle-class. It explains why people sleep on the street. This year's budget deficit will be 100% of our GDP. Do you know how long it will take to return to a deficit of 5% or less? Don't bother. We don't know or anyone else for that matter. This is why we need to End the Fed!

It is a nice slogan, but it won't happen. The powers-to-be are betting on that horse. They will ride it in the hope that like the 70s, when inflation raged, the nation will move on and live for another day. The thing that puts some doubt into the system is this census fact. Half of the US population today, was born after 1981. They have no knowledge of inflation, currency valuation and the changes to our society by outsourcing of wealth and jobs. They do not understand how wealth is created. They only know that free student loans sound good. That a basic income without work sounds great and free medical for any procedure is a right. They don't understand that our government has usurped its power in the economy to 30%. They, like the military, should be seen, but not heard. We are capitalist in name only. Nothing is transitory. You will never get a new Mustang for $1999 like in 1965. That is no misprint! When prices rise like a stock, they may retrace. They may consolidate for a period of time, but the price increase stays. For example, the market crashes like it did in 2008. A stock falls 50% in value. However, their product still costs the new higher price. They just sell less. This is only one aspect of the many problems in our economy and society.

Wall Street "Expert" Prediction

Even though the stock market has been bullish since the 2009 lows, a Wall St. analyst predicts the bullish trend to last another two decades. Didn't a Federal Reserve Governor say the same thing in early 1929? You betcha! Today, we see things like the following...

Used Sneakers, $1.8 million

This example points to excess money printing and the effects of lower purchasing value. Someone won a auction bid on Kenny West old sneakers. He paid the stupid figure above. Now, he wants to make his purchase of a celebrity collectable into a firm. His plan calls for an IPO. You can buy a piece of a celebrity collectable for $15 a share. This is what happens when markets peak.

Tulips, New World Land, etc.

Idiots in Holland paid a kings ransom for the latest tulip bulb back in the day. In France, citizens, barons and idiots of all classes purchased shares attributed to land in the New World. In both examples, their stock markets were hitting new highs all the time. Neither country ever regained the economic level of that period after their markets crashed. It takes a long time to regain equilibrium. The above sneaker example is just one of many. People are buying stock shares of firms that have big promises, but never made any money. One example off the top of my head, Robinhood (HOOD). The share costs $54 and the firm does not make any money. Go figure? 

Crypto Over $2 Trillion

Just because the fake coin is encrypted for security that does not give it value. All these suckers are doing is creating new billionaires running this bank as opposed to the old ones running the banking industry. This is a poor use of technology and someone will decode the code to steal all your real money that you used to buy this crap.

Trophy Trees

Yes. People are buying old trees to be transplanted into their back yard. The cost is in the millions. A New Jersey diner which never made money is offering an IPO. Penny stocks, to which are notorious as "pump and dump" are trading up 200% of initial offering. There were over 500 IPOs since June. How about digital art? Crap on a printout! One sold for $69 million! Idiot! People are bugging Biden for free student loans, moratorium on rents and mortgages and at the treasury, while they print, they play Sonny and Cher, "The Beat Goes On" all the time.

Truth!

The Fed will not raise interest rates. The 30-year T-Bill yield is 1.93%. Folks, we already are experiencing 5.4% inflation just this year. Can you see the lie of 30 years at less than 2% and over 5% now? If the Fed raised the 10-Year note to just the low end of its historic yield, it would be 4.5%. Our government would have to budget over 30% of its revenue to just service the interest. Everything is a lie! CEOs are cooking the books!  For those of you born after 1981, the market crash in the 70s took 25 years for the equilibrium or return to a previous level.

The only think that history has proven is what is the enemy of state? It was included by our founding fathers in the constitution. The corruption of money on our leaders has caused them to violate the constitution with its reference to our currency. The answer is gold. We now have fiat. So, ask yourself this:

Who would you pick in an economic fantasy draft, Powell or Franklin? Yellen or Jefferson? Get some gold. Sell, and take a profit, if you have some. In any event, get out of the market. Everything is a lie! Peace. 

Climate and Jubilee Year

- ...in the seventh year shall be a sabbath of rest unto the land...

- Leviticus 25: 4

As my readers know, this is an economic and political blog. However, they also know that I believe any good idea should be utilized no matter the source. The old testament is rarely used or mentioned today. The words might even seem foolish if taken literally. We live in a 24/7 world. With that said, consider our world. It is in big trouble in more ways than one, especially our climate.

Back to Biblical Wisdom

Remember these are suppose to be God's words. If you are a pagan or other belief, consider the words from a wise source. As a Gentile, and almost all Christians are, we are not strong on bible history. Consider, this is ancient times. Farming is king. The words found real usage later in history as farmers realized that leaving a field fallow paid big dividends in its future use.

Today

We have rising oceans that are also getting warmer. There are all negatives here. We get floods on islands and coastal areas. We lose food with the death of fish. The water can become contaminated and give off water-borne diseases. This hurts everyone. Not good.

Weather

The summers are getting hotter. This effects health. This hurts farming and then, our food supply. It also adds inflationary costs. It can force huge migration of people. Everyone cannot move to Europe and the US. The climate also sparks wildfires which are getting worse-and-worse all over the planet. It can cause huge increases in insects. These pests eat everything from our food to leaves on trees. They eat our wood and their toxins can cause all of us medical harm. The heat melts the glaciers to which cause the rising sea level. Nothing good here.  

Wildfires

People say that the warming climate is responsible for the many and hotter wildfires. I think one solution is to thin the forest. Create more logging jobs and regrow what is cut. However, as it stands, the smoke from these disasters is affecting everyone's health for the worse. Not good.

Alternative Energy

We hear a lot about the green revolution. Maybe this is our extension of the bible's words for our time? We are giving the land a rest. We take less coal, less oil and strain on the land's resources. We allow the air to cleanse itself. With that said, we are only in the really innings of finding and using other forms of power. 

Electric cars, energy, et al.

Back in the early days of the automobile, steam power was used in making the first cars. Even Ford took years before he perfected his combustion engine. We are in the early days of the transition to electric vehicles. Let's talk truth! Electric cars do not run well in cold weather. There are no charging stations and when you recharge, it takes forever. We need all these advances before the transition can be complete. We need real investment.

The good news is the many other ways we are developing this power from planes to ships and of course, drones. These cameras in the sky have provided many benefits. The usages will grow in time.

Solar

This is another US invention that other nations have reaped the benefits. We need to pass laws in every state that forces builders of edifice's of more than four stories to have solar roofs. In this way, we save energy. We create high paying jobs and develop an industry. However, there is a dirty secret in solar. There is dangerous run-off from weather. Like the electric car, we are also in the early innings of solar. It needs more development. There is room to grow and grow better. This is hope.

Wind Power

Farms in the 1900 century all had windmills. Holland was king and still is today. We all should ask them for guidance in this field. Like the other forms of power mentioned above, this field too is in the early stages. They need better design to swivel with the changing winds in different seasons. They need to be more efficient in many ways. They need lighter and stronger components. They need more investment to make the future a little brighter with another industry of quality jobs and life.

Water

We have serious water problems from polluted aquafers, rivers and wells to drought conditions in the West. My water idea could solve this and more. It could end flooding along many rivers. The Biden infrastructure bill will address many issues, but water needs its own focused investment.

Recycling

The idea started off great, but has lost all of its early hope and steam. No one knows what to recycle as packing has changed along with each region having a different policy. We need a uniformed, national approach along with a new dedication. This is a great idea that needs to be started in school programs as part of science subject, once a uniform approach is finalized. 

Live in Love

All of us need to stop and reflect. Our personal infrastructure needs an overhaul. We are not a homogeneous society. We are an experiment. However, our experiment has been a great success  even with the many bumps along the way. We are hitting rocky ground and the asphalt to smooth out the ride is love. Let's try more patience with each other and it begins with ourselves, live in love.

The bible in the top scripture goes on to mention that in the fiftieth year, everyone should rest - be with family and give thanks, a Jubilee Year. The US is in the 35th anniversary of the seven year format. Let us hope that in years to come, we can celebrate the wisdom of His words and do right with the land. Peace