Julia ioffe linkedin10/2/2023 “What happens if Donald Trump is elected?” Ioffe said. In the deeply disturbing response to her piece, Ioffe said she sees a frightening future of what freedom of the press – and the country – might look like under President Trump. To abet the transfer of wealth from the middle class to the upper class.In the 24 hours since her profile of Donald Trump’s wife, Melania, appeared in GQ magazine, the Russian-American journalist has received a torrent of antisemitic, vitriolic and threatening messages from supporters of the Republican frontrunner. Rate hikes further weaken supply chains.Ģ. Crippled supply is the cause of the inflation faced by Americans on food and fuel for the last 3 years. There hasn't been any demand side justification for increasing interest rates. Annualized, the corresponding inflation rate is over 7%. Over the last 4 years, the price of Brent Crude has increased from $62 to $83. Annualized, the corresponding inflation rate is over 10%. today, it has increased from $2.99 to $4.39. In 2022, from a gross income of $63,000, the average American worker spent 35% of gross income on food ($8,000) transportation ($11,000), and heating/AC ($3,000), none of which are included in the inflation figures mentioned in the MSM.īorrowing from the concept of the Big Mac Index, if we look at the price of an Egg McMuffin (which contain eggs, meat, dairy and bread) in 2019 vs. Wage figures include all of wages, so inflation figures should include all of inflation. That includes economic stimulus payments.ģ. Anything that increases disposable income faster than the rate of inflation will fuel inflation. So what was the justification of prior rate increases?Ģ. If in fact the wages are rising faster, it would be the first time this was the case during the current administration. In monetary policy, that would be a case for raising interest rates, because of the excess demand created by wages rising faster than inflation, which fuels inflation.ġ. No mention of real inflation or its causes, but a worthless summary of the debate between the "doves" and the "hawks" on the topic of increasing interest rates.īack to the claim that wages are rising faster than inflation. In it, we read about official inflation and core inflation. Today's "The Morning" from the NYT is very revealing about the deception going on regarding the rise in interest rates. In the face of that news, the Fed raised interest rates again, to their highest level in 22 years. Just two weeks ago the WaPo was lauding the 12th straight month of a drop in the rate of inflation, telling us that wages were now rising faster than prices.Īnd, this chart shows us that official inflation for June 2023 was 2.97%, which is 6% lower than for June 2022, and the lowest it has been since March 2021. Sweden canceled Bill Gates’ controversial climate geoengineering project (SCoPEx) aiming to block the sun to stop global warmingįed rate hikes are about transfer of wealth and about crippling supply. Simple search and mainly observing your sky could raise your awareness. This is relevant topic and of concern to many. I had a post yesterday with contrails that is gone. Sun Dimming: “Harvard University is hoping to gain imminent approval from an independent committee for test flights, which are opposed by environmental groups.” Projects of which general public isn’t aware are ongoing for decades in some places, in other only started recently and are too evident, but at the same time officially denied. Solar radiation management, carbon dioxide removal or modifications of the ocean albedo are considered as the main geo-engineering methods.” etc. GE interventions are very broad, encompassing a wide range of distinct technologies. “Geoengineering is described as an alternative response to counteract global warming and consequently climate change. This official source says: “The concept of geo-engineering (GE) can be traced back to the 1960s with a US report calling for research on “possibilities to deliberately bringing about countervailing climatic changes to that of carbon dioxide (CO2)” (Marchetti, 1977).” For chances are your government did not say no to other projects.Įven though the Swedish found the program to be controversial and could bring enormous risk to the planet, our EU corporatized governance slowly and quietly is introducing its legal and political framework around it. If you live in a NATO country, you can understand this by simply observing your sky daily. Many haven´t heard of this, but Sweden wasn´t only the country that did not introduce lockdowns, but also said No to a geo-engineering project named SCoPEx back in 2021.
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