Germany, hyperinflation, Janet Yellen, money printing, Weimar Republic
Assessment: Thiel reiterated the fact that he wished he had bought more bitcoin, adding now that he thinks inflation is here to stay …
Outspoken billionaire Peter Thiel said this week at at the National Conservatism Conference that the high price of bitcoin is an indicator of U.S. inflation, which has also recently touched a 13-year high.
“You know, $60,000 bitcoin, I’m not sure that one should aggressively buy,” Thiel said, according to Bloomberg.
“But surely what it is telling us is that we are having a crisis moment.”
These comments come a week after the tech visionary – who recently opined on the origins of bitcoin – offered an even more ominous projection:
“[Bitcoin]’s the canary in a coal mine. It’s the most honest market we have in the country and it’s telling us that this old regime is about to explode.”
Thiel also slammed The Fed, claiming that they were not acknowledging the seriousness of the problem, and mentioned that the prices were not coming down any time soon, adding that Powell and his pals are in a state of “epistemic closure,” meaning close-mindedness, and they were of the view that printing money to resolve market issues will not impact inflation.
Read More @Zero Hedge HERE
Assessment: Inflation doesn’t stop at the supermarket but continues at the fuel station, where gasoline prices have jumped to seven-year highs …
Soaring supermarket prices might not seem like a big issue for the top 10% of Americans who’ve enjoyed a period of asset price inflation thanks to the Federal Reserve, but for the working poor who don’t own assets and are stuck in a renting society, every single price increase for food is eating away at their real wages.
Add milk to the long list of foods that are getting more expensive at supermarkets across the country. Bloomberg reports retail prices for a gallon of milk are up 26% at $3.59 since bottoming at $2.84 in July 2018.
“You have sown much, and bring in little; You eat, but do not have enough; You drink, but you are not filled with drink; You clothe yourselves, but no one is warm; And he who earns wages, Earns wages to put into a bag with holes.” Haggai 1:6
There are several factors at work pushing milk prices higher. First, the number of dairy cows has collapsed to the lowest in a decade, which crimps output. Foreign dairy producers, such as major ones in the European Union, New Zealand, and Australia, are also experiencing declining outputs. On top of this all, the cost to feed dairy cows and operate a dairy farm is becoming more expensive thanks to soaring commodity prices, suggesting prices will continue to rise well into 2022.
For the average household, dozens of gallons of milk are purchased each year, and for the working poor, every incremental price increase adds up. But it’s not just milk and dairy products that are on the rise, almost every product at the grocery store has jumped in the past year. For example, meat prices — boneless chuck roast have risen 28% in the last year.
Read More @ Zero Hedge HERE
Assessment: Wait what?
Vice President Kamala Harris asked NASA if it could use its satellites to track trees “by race” in various neighborhoods as part of “environmental justice” during a recent display on climate change, leading many to ridicule the vice president online and even giving rise to a “Black Trees Matter” hashtag.
Harris, who serves as chair of the National Space Council, visited Goddard Space Flight Center in Greenbelt, Maryland, on Friday “to see vital climate science work.”
As she met with scientists and engineers and received a firsthand look at how the climate is studied by the space program as well as how it provides data concerning planetary changes and their impacts, the vice president declared, “I truly believe space activity is climate action.”
In a clip originally shared by Deputy Director of Rapid Response at Republican National Committee (RNC) Jake Schneider, Harris is seen interrupting a presentation in order to share her “woke” inquiry.
“Can you measure trees — part of that data that you are referring to, [and it’s an issue of] EJ, environmental justice — that you can also track by race their averages in terms of the number of trees in the neighborhoods where people live?”
https://twitter.com/i/status/1457097969149353984
Assessment: Vladimir Putin and Joe Biden should switch countries …
Russian President Vladimir Putin on Thursday took aim at “cancel culture” and supporters of transgender rights, suggesting that teaching gender fluidity is a “crime against humanity” while stating that Russia should maintain its “spiritual values and historical traditions,” per The Washington Post.
“And Adam called his wife’s name Eve, because she was the mother of all living.” Genesis 3:20
Speaking at the the Valdai Discussion Club in Sochi, Putin said that some Westerners believe “the aggressive deletion of whole pages of their own history, reverse discrimination against the majority in the interests of minorities … constitute movement toward public renewal.”
“It’s their right, but we are asking them to steer clear of our home. We have a different viewpoint, he said the “emphasizing the racial topic divides people.”
Assessment: Many on the right have criticized the concessions that Bennett has made to appease the Arab coalition members such as Mansour Abbas …
Israeli Prime Minister Naftali Bennett on Saturday night urged unity, promising that, “The government will serve its full term.”
At a press conference together with Finance Minister Avigdor Liberman (Yisrael Beytenu) and Foreign Minister Yair Lapid (Yesh Atid), Bennett said, “Citizens of Israel, the good news is that the budget for 2021 and 2022 has passed. We have thus completed the complex move of rescuing Israel from three years of instability.”
“The LORD will extend your mighty scepter from Zion, saying, “Rule in the midst of your enemies!” Psalm 110:2
“We formed the government less than five months ago. We shifted to a policy of managing the country alongside the coronavirus without lockdowns and we broke – with determination, in the face of pressures – the Delta wave. We made the decision to be first in the world with booster shots; we managed, and are still managing, this entire operation closely, in order to protect the health of the people without wrecking the economy and safeguard all aspects of life. It is enough to look at the jump in morbidity in Europe to understand where we are and where the world is.
Read More @ Arutz Sheva HERE
Assessment: This is part of an ongoing campaign by China’s communist regime to teach children to hate God …
The Chinese Communist Party (CCP) is unrelenting in its pursuit to wipe out Christianity from the country. Now the government is even trying to brainwash children as young as 3-years-old into believing that it’s an illegal religion.
Bitter Winter reports that nearly 100 kindergartners in the district of Jiaocheng were taken on a tour of a science museum last month.
The trip started out fun as they learned how to drive a train and ride in a helicopter. Then the 3-6-year-olds were subjected to a program about “preventive education” and were cautioned that Christianity is a “Xie jiao” or evil cult.
“But Jesus said, “Let the little children come to Me, and do not forbid them; for of such is the kingdom of heaven.” And He laid His hands on them and departed from there.” Matthew 19:14-15
The children were given illustrated booklets, then forced to watch cartoons that delivered a negative message about Christianity. In fact, one movie portrayed The Church of Almighty God as wicked as people in the video warned one another against its “superstition.”
Read More @ CBN HERE
Assessment: Many on the right have criticized the concessions that Bennett has made to appease the Arab coalition members such as Mansour Abbas …
Israel has avoided another election after the coalition managed to pass the 2021 budget for the first time in over three years on Thursday morning.
After the budget passed by a vote of 61-59, Bennett tweeted: “It’s a celebratory day for the state of Israel. After years of formlessness and desolation, we have established a government.” The Prime Minister also bragged about overcoming the Delta variant of the coronavirus and concluded by saying “Praise God we passed a budget for Israel!.”
The words used when describing the previous government were ‘Tohu vavohu’ (תוהו ובוהו), the same phrase used in the Book of Genesis to describe the chaos that existed before God created light:
“the earth being unformed and void, with darkness over the surface of the deep and a wind from Hashem sweeping over the water (Genesis 1:2)
Prior to the vote, Bennett called it “the most important moment since the formation of the coalition.”
This moment didn’t come without controversy, however. Many on the right have criticized the concessions that Bennett has made to appease the Arab coalition members such as Mansour Abbas
Read More @ Israel 365 HERE
Assessment: “The proportion of young adults who identify as LGBTQ is roughly three times the proportion identified among the combined older adults of the nation …
While most millennials view Jesus and the Bible as at least “a little positive,” nearly one-third of America’s largest, most educated and misunderstood generation also identify as LGBT, and 75% of them admit to “searching for a sense of purpose in life,” a new report from Arizona Christian University shows.
The report, New Insights into the Generation of Growing Influence: Millennials In America by George Barna, who leads research at Arizona Christian University’s Cultural Research Center, explains in an analysis of the findings that a number of the daunting challenges faced by the generation of 78 million — defined in this report as those born from 1984 through 2002 m are deeply connected to their spiritual perspectives.
“Come to me, all you who are weary and burdened, and I will give you rest. 2Take my yoke upon you and learn from me, for I am gentle and humble in heart, and you will find rest for your souls. 30 For my yoke is easy and my burden is light.” Matthew 11:28-30
“For understandable reasons, millions of millennials reject organized religion, or have qualms about religious leaders, and especially about religious people who may prove to be hypocritical.
Their experiences, observations and assumptions regarding religion, spiritual beliefs, and faith practices have produced a turbulent spiritual experience,” wrote Barna, who’s also an ACU professor focusing on worldview assessment, development and cultural transformation. Read More …
Assessment: Biden didn’t withdraw from Afghanistan. He brought Afghanistan to America. The skies over Sparta have never been as busy as when the Biden administration decided to dispatch 13,000 Afghans, including at least one pedophile, to Wisconsin. Writes Daniel Greenfield
Sparta, a small town of less than ten thousand souls, whose claim to fame is being the “Bicycling Capital of America”, could only watch as a population of Afghans outnumbering its own population created a new Afghanistan on the premises of Fort McCoy.