(Jim Hoft) Inflation rose 7% in 2021 the highest level in 39 years since 1982 when it was 7.1%.
Economy
Fed Reserve Co-Chairman Resigns Amid Reports of Questionable Stock Fund Purchase
(Just the News staff) Federal Reserve Vice Chair Richard Clarida, the No. 2 at the U.S. central bank, says he will resign Jan. 14, amid reports about a questionable stock fund purchase.
Why Did the World Choose a Gold Standard Instead of a Silver Standard?
(Ryan McMaken) Among those who support the end of government fiat money, it’s not uncommon to hear and see claims that gold is “the best money” or “natural money” or the only substance that’s really suited to be commodity money. In many of these cases, when they say “gold” they mean gold, and not silver, platinum, or any other precious metal.
Bank of Mexico To Launch Digital Currency by 2024
(Kevin Hughes) The Bank of Mexico plans to establish its own digital currency in circulation by 2024 to adopt the latest payments technology and incite financial formation in an economy that relies mostly on cash transactions.
Biden’s 3.9% Unemployment Is a Farce – Workers Needed All Over Because Government Paying Them More to Stay Home
(Joe Hoft) Something is not right. We all can see it. Of course, the propaganda garbage media will never point this out.
The Flow of Money Creates a Path to One World Government
(M. E. Boyd) “We are grateful to The Washington Post, The New York Times, Time Magazine and other great publications…. [for] their promises of discretion for almost forty years… [t]he work is now much more sophisticated and prepared to march towards a World Government… The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries.” David Rockefeller to the Trilateral Commission, 1991.
Lessons From An Underground Economy
(J.G. Martinez) How is it possible to survive a nation with inflation rates of 20%/month and 1700%/year? The answer? The underground economy. This is the level of hyperinflation we have found ourselves with here in Venezuela, and considering the spread of inflation worldwide, it would be well worth the prepper’s time to glean what we can learn here.
As Inflation Skyrockets, Biden’s DOD Cuts Stateside Cost Of Living Allowances For Thousands Of Troops In 2022
(Adam Wilson) Economists across the country are concerned that we may be heading towards the worst inflation crisis in modern history. “This is the biggest emerging economic crisis for consumers for over a decade. The average cost of living for a family of four is up about $5,000 a year so now it’s a choice between heating homes, feeding families, or giving gifts.” said Burt Flickinger, managing director of the Strategic Resource Group. Despite a historic inflation crisis, the Department of Defense has cut cost of living allowances for thousands of troops. Stars and Stripes Reports–
IKEA Says Supply Chain Issues Forcing Them to Raise Prices
(Cassandra Fairbanks) IKEA has boosted its prices due to the supply chain crisis.
Stop Hemorrhaging Money
(Sandra D. Lane) Let’s face it: it’s fun to spend money, and giving gifts at Christmas is as good an excuse as any to do it. But our society is to the point of almost hemorrhaging money.
Rand Paul’s Naughty List Exposes $52 Billion in Wasteful Federal Spending
(Madeleine Hubbard) Sen. Rand Paul (R-Ky.) has created a naughty list to highlight wasteful spending from COVID-19 aid to Afghanistan..
A Crypto Primer: What Preppers Need to Know
(Dominic Truces) Cryptocurrencies can be incredibly confusing, and for many, this leaves them wishing for a 101 class – a crypto primer, if you will – to help them to understand this magical internet money.
Biden, Democrat Spending Primarily to Blame for Runaway Inflation That’s Only Going to Get Worse
(JD Heyes) Lots of people who allegedly voted for Joe Biden last year said they did so because they could no longer put up with Donald Trump’s demeanor and his ‘mean tweets.’
Education During an Economic Collapse
(J.G. Martinez) Some things of necessity have to take a back seat during disaster. Is education during an economic collapse one of them? I don’t think so. Not entirely, anyway. Sure, you still have to primarily focus on food, water, shelter, and safety, but the fact is, you don’t know how long this disaster is going to last.
Appeals Court Greenlights Biden’s Covid Vax Mandate for Businesses with 100 or More Employees
(Ashley Sadler) The U.S. Court of Appeals for the Sixth Circuit has ruled that the Biden administration can resume enforcing its coercive COVID-19 jab mandate for large businesses.