Banks Start Freaking Out About Soaring Inflation, Which May Not Be “Transitory”
Money printing that began in 2009 has been ramped up so much that it is now considered normal ...
Author: Author1
Here Are The Companies Hiking Prices In Response To Soaring Inflation
Zero Hedge: Earlier today we noted that the one thing every company was obsessing during their Q1 earnings call: inflation. As BofA equity strategist Savita Subramanian calculated, mentions of “inflation” quadrupled YoY, and after last week, mentions have exploded nearly 800% YoY. More striking was her observation that as “mentions skyrocket to near record highs from 2011” these point to at the very least, “transitory hyper-inflation ahead.” This is an official statement from a Big-4 bank, not some tinfoil conspiracy blog.
“Ye shall do no unrighteousness in judgment, in meteyard, in weight, or in measure.” Leviticus 19:35
What is more concerning is that not only are companies talking about inflation, they are also responding to soaring input costs by hiking prices either in absolute terms or by stealth shrinkflation.
Of course, once companies realize they can get away with such shrinkflation – and they will because as a member of the Red Flag Deals message board pointed out…
I tried telling the clerk at Costco about this, and they said “who cares, it’s just 20 sheets.”
Will be the typical response.
Speculation swirls of Iran deal resurrection as diplomatic activity intensifies
Times of Israel: A flurry of diplomatic contacts and reports of major progress suggest that indirect talks between the US and Iran may be nearing an agreement. That’s despite efforts by US officials to play down chances of an imminent deal that would bring Washington and Tehran back into compliance with the 2015 nuclear deal.
“Persia, Cush[ and Put will be with them, all with shields and helmets.” Ezekiel 38:5
With the negotiations in Vienna on hiatus, the US and Britain on Monday denied Iranian reports that any agreement was at hand with Iran for a swap of American and British prisoners. Such an exchange could be a confidence-building measure to revive the nuclear deal. Read More
ISRAELI GOVT SURRENDERS TEMPLE MOUNT TO JORDAN ON ANNIVERSARY OF SIX-DAY WAR
Israel 365: This week, the Israeli government acceded to the demand of the Jordanian government to close the Temple Mount to Jewish visitors, essentially surrendering Judaism’s holiest site on the anniversary of the victory that returned the Jews to the Temple Mount.
JORDAN: TEMPLE MOUNT ONLY FOR MUSLIMS
On Monday, the Jordanian Foreign Ministry sent an official protest memorandum to Israel demanding that it stop what it defined as “the provocations in the Al-Aqsa Mosque” by permitting “extremists to enter the mosque under Israeli security for the last ten days of Ramadan.”
Dhaifallah Al-Fayez, the spokesman for the Jordanian Foreign Ministry, called Israel’s actions “a blatant violation of the historical and legal status quo, international law and the obligations of Israel, the occupying power, in East Jerusalem and the sanctity of the Al-Aqsa Mosque and the sanctity of Ramadan.” Read More
Reports: Chauvin Juror Lied on Jury Questionnaire, Said He Never Attended Pro-Floyd Rally
The New American: A juror in the trial of former cop Derek Chauvin not only misled the court about his knowledge of the death of George Floyd but also lied on the questionnaire jurors must answer before trial.
The truth about Brandon Mitchell surfaced in the last few days when a photo of the juror in a pro-Floyd T-shirt surfaced online. The photo was taken at a rally for Floyd in Washington, D.C., that Mitchell falsely said he did not attend, multiple news reports have disclosed.
A false witness shall not be unpunished, and he that speaketh lies shall perish. Proverbs 19:9
The latest means that Chauvin, convicted of murder and manslaughter in drug-addict Floyd’s death, has even more grounds to appeal his conviction. A juror had his mind made up before he entered the courtroom, despite his promise of impartiality.
@StarTribune
‘I will not be intimidated into hiding my faith’: Christian official faces jail for believing God
Päivi Räsänen
WND: A far-left government prosecutor has announced plans to prosecute – and possibly jail – a Christian who served for years as a member of Finland’s Parliament, including as the nation’s interior minister between 2011 and 2014, over her Christian faith.
“Then they will deliver you up to tribulation and kill you, and you will be hated by all nations for My name’s sake.” Matthew 24:9
The Evangelical Focus publication confirmed Finnish Christian politician Päivi Räsänen has been charged for her social-media posts, a booklet, and her statements during an interview, over a span of 10 years.
She’s a medical doctor who is a leader of the Christian Democrats in Finland, and is charged with three hate crimes against homosexuals, the report said.
The “investigation” that resulted in the charges took nearly two years, including three different “interrogations” of Räsänen, the report said.
The claims against her include that she posted on social media Romans 1:24-27 to criticize a decision by the Finnish Lutheran Church, in which she holds membership, to take part in an LGBT Pride festival for homosexuals, for the contents of a booklet about the Bible titled “Male and Female He Created Them,” which dates to 2004, and her Finnish Public Broadcasting interview where she spoke about “What would Jesus think about homosexuals?” Read More
Jewish Cemetery Vandalized in Belfast
Jerusalem Online: Ten Jewish gravestones in Belfast, Northern Ireland, have recently been vandalized, and police are investigating the incident as a hate crime. The incident occurred in the midst of a recent wave of violence in the city.
“then they shall know that I am the LORD their God, who sent them into captivity among the nations, but also brought them back to their land, and left none of them captive any longer.’ Ezekiel 39:28
“City Cemetery, like any graveyard, is a place where members of the community come to pay their respects,” Police Service Northern Ireland Inspector Róisín Brown told the Irish Times. “The damage to these graves shows a total lack of respect for others and will have a significant impact on individuals and families within the Jewish community.”
The Community Security Trust, the security arm of the Jewish community in the United Kingdom, said it is coordinating with the local police to find the perpetrates.
The Jewish section of Belfast City Cemetery, which opened in 1869, was the city’s first Jewish cemetery, according to the website Jewish Communities & Records-UK. In 1964, the last Jewish burial took place there. Read More
Stocks Extend Losses After Yellen Says “Rates Will Have To Rise”
Zero Hedge: Treasury Secretary Janet Yellen is speaking at The Atlantic’s “Future Economy Summit” this morning – a speech she pre-recorded yesterday – and has sparked some chaos with her comments.
“The rich ruleth over the poor, and the borrower is servant to the lender.” Proverbs 22:7 KJV
The highlight was this…
“It may be that interest rates will have to rise a little bit to make sure our economy doesn’t overheat”
And this didn’t help…
“We’ve gone for way too long letting long-term problems fester in our economy”
Jimmy DeYoung and Ken Timmerman: John Kerry may not be the only person to leak US Security information to Iran
Ken Timmerman gives us his insight into geo-political events that are setting the stage for Bible Prophecy to be fulfilled....
Jewish Community ‘Terrified, Angry’ Over Release of Accused Attacker of Multiple Bronx Synagogues
Algemeiner: Jewish community leaders in New York and nationally were outraged on Monday after learning that the man arrested for a string of rock-throwing attacks on synagogues in the Riverdale neighborhood of New York was released by a Bronx judge — just hours after another judge had ruled that he be held on bail.
Jordan Burnette, 29, was arrested Saturday on 42 charges in connection with the spree of attacks, in which over several days he smashed doors and windows at the Riverdale Jewish Center (RJC), Chabad Lubavitch of Riverdale, Young Israel of Riverdale and Conservative Synagogue Adath Israel of Riverdale (CSAIR).
During a Sunday hearing, he was first ordered held on $20,000 bail by Bronx Criminal Court Judge Louis Nock, who said that even under New York state’s bail reform law, the shattering of glass windows could qualify as a violent felony and would justify holding the accused.
But after Burnette’s lawyers asked for a review of the bail ruling, Judge Tara Collins reversed the decision and granted supervised release. Read More
ISRAEL FAILS TO PERSUADE BIDEN TO MAKE A LESS DANGEROUS NUCLEAR DEAL WITH IRAN
Israel 365: Despite efforts to influence the terms of a new projected deal between Iran and western powers, Israel’s security establishment was disappointed at the outcome of their discussions with their counterparts in Washington reports Walla.
Leading the Israeli envoy was Maj. Gen. Tal Kalman, who was promoted from brigadier general to the Strategy and Third-Circle Directorate, an entirely new position on the General Staff, which focuses primarily on Iran. According to sources in the IDF, Biden is completely determined to return to the 2015 Iran nuclear agreement and to advance a more long-term plan in its wake.
Sources also disclosed that Biden is “obsessed” with sticking to the terms of the old agreement and will announce it in the near future, before June. This will enable Tehran to showcase their “accomplishment” to the Iranian people before their national elections. Read More
WATCH: University experiments on aborted baby parts, funding linked to Fauci
Caution, this video is hard to watch ...