{"id":263331,"date":"2023-01-07T06:20:47","date_gmt":"2023-01-07T06:20:47","guid":{"rendered":"https:\/\/www.thetruthseeker.co.uk\/?p=263331"},"modified":"2023-01-08T08:59:48","modified_gmt":"2023-01-08T08:59:48","slug":"jan-6-whats-wrong-with-inflation","status":"publish","type":"post","link":"https:\/\/www.thetruthseeker.co.uk\/?p=263331","title":{"rendered":"Jan 6 &#8211; What&#8217;s Wrong with Inflation?"},"content":{"rendered":"<p style=\"text-align: center;\"><em>As this cartoon illustrates, inflation is mainly a threat to the people who create the fairy dust we call money. It is a boon for those who own tangible assets.<\/em><\/p>\n<h1 style=\"text-align: center;\"><strong>HenryMakow.com \u2013 Jan 6, 2023<\/strong><\/h1>\n<p><strong>Please send links, comments and articles to hmakow@gmail.com<\/strong><\/p>\n<p><strong>Inflation is natural when you multiply the money supply by a factor of five.<\/strong><\/p>\n<p><strong>80% of all US dollars in existence were printed in the last 22 months (from $4 trillion in January 2020 to $20 trillion\u00a0in October 2021)<\/strong><\/p>\n<p><a href=\"https:\/\/techstartups.com\/2021\/12\/18\/80-us-dollars-existence-printed-january-2020-october-2021\/\">https:\/\/techstartups.com\/2021\/12\/18\/80-us-dollars-existence-printed-january-2020-october-2021\/<\/a><\/p>\n<p>The figure is probably closer to 90% by now. Combined with low interest rates, inflation can be compared to a kind of weightlessness.\u00a0 All tangible assets except precious metals &#8212; commodities, real estate &#8212; rose as if weightless. Even intangible assets like cypto currencies and meme stocks rose in the frenzy. There was a rush out of fairy dust. The bankers who own this golden goose, fiat currency, have to defend this illusion by raising interest rates which can be compared to gravity.<\/p>\n<p>Everything has come tumbling back to earth but the fact remains. There is too much worthless and wasted US money being created and economy-crippling interest rates will only create a debt crisis.<\/p>\n<p style=\"text-align: center;\">&#8212;<\/p>\n<h3 style=\"text-align: center;\"><strong>COVID-19: A Global Financial Operation\u00a0 by Michael Bryant<\/strong><\/h3>\n<p>&#8220;The numerous mandates birthed by the onset of the Covid-19 scenario were all designed to deliberately break the global economy and crush small businesses as well as break people&#8217;s minds, will and the social fabric, in order to &#8220;build back a better society&#8221; that conforms to the dystopian visions of the psychopaths waging this class war.<\/p>\n<p>The desired result is a billionaire&#8217;s utopia, in which they will own and control the planet in the form of a techno-feudal fiefdom where digitally branded humanity is regulated like cattle in a super-surveilled technocracy. &#8221;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/henrymakow.com\/2023\/01\/jan-6-whats-wrong-with-inflation.html?_ga=2.62362341.873446866.1670770839-346964864.1627224119\">Continues with more links and headline, and a very rare photo of Queen Elizabeth II \u2026<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As this cartoon illustrates, inflation is mainly a threat to the people who create the fairy dust we call money. It is a boon for those who own tangible assets.<\/p>\n","protected":false},"author":39262,"featured_media":263334,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[61,58,66],"tags":[],"class_list":["post-263331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-Commentary","category-Current_Affairs","category-Economics"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/263331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/users\/39262"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=263331"}],"version-history":[{"count":2,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/263331\/revisions"}],"predecessor-version":[{"id":263335,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/263331\/revisions\/263335"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/media\/263334"}],"wp:attachment":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=263331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=263331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=263331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}