(News Editors) It was last August when Jerome Powell began to admit that inflation just might be a problem. But even then, he was only willing to say that inflation would likely be “moderately” above the arbitrary 2 percent inflation standard. Back in August, low inflation—not high inflation—was still perceived to be the “problem.” But things had certainly changed by late November when Powell was forced by reality to retire “transitory” as the preferred adjective to describe price inflation. At that point, the Fed began strongly hinting that it would finally do something to rein in price inflation. But exactly when that might happen remained anyone’s guess.
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Maryland and Georgia Suspend Gas Taxes, Other States To Follow in Effort To Hide Biden’s Inflation
(Mary Villareal) Maryland and Georgia have halted their collection of gas taxes in an effort to hide the effects of Biden’s inflation from the American people.
Bank Runs Begin in Russia, Serving as a Reminder for ALL People To Question the Stability of All Banks Around the World
(Lance D Johnson) Bank runs have already begun in Russia. The Russians are flocking to the banks and ATMS, as Russian banks are cut off from The Society for Worldwide Interbank Financial Telecommunication (S.W.I.F.T.). This international system is the main messaging network by which banks process financial transactions worldwide. Global institutions are targeting Russians at a rapid pace. Entire banks are being “canceled” in Russia, and the citizens there will ultimately be the ones who suffer.
Hundreds of Salvadorians Say Bitcoin Has Vanished From Their Government-Issued Centralized “Chivo” Wallets
(Ethan Huff) It is being reported that hundreds of people in El Salvador are unable to access Bitcoin in their centralized, government-issued “Chivo” Wallets.
Over 100,000 Workers Are Currently on Strike and Could Collapse the Economy, but Biden Is Doing Nothing To Reactivate Productive Members of Society
(Arsenio Toledo) More than 100,000 American workers are currently on strike – a culmination of nearly two years of labor unrest that started when the government forcibly shut down entire industries in early 2020. But instead of helping resolve the labor disputes and keep the economy from crashing, President Joe Biden is standing on the sidelines.
Small Businesses Unable To Cope With Increased Prices Caused by Port Congestion
(Arsenio Toledo) Small businesses are feeling the brunt of the congestion in America’s ports and supply chains. While larger corporations are expanding their operations to keep up with demand, smaller businesses can’t scale up their services and are being left in the dust.
Food Inflation in the US about to Reach a Tipping Point
(Arsenio Toledo) Food inflation in the United States is reaching a tipping point. If the prices of food in groceries go up any further, industry executives warn that consumer spending habits may change.
EXCLUSIVE: COVID Relief Funds Distributed to Cities and States Require Full Compliance With Biden Vax Mandates; Counties Can Use Money To Bankrupt and REPLACE Local Businesses
(Mike Adams) As part of the American Rescue Plan Act of 2021, so-called “Coronavirus State Fiscal Recovery Funds” are distributed to states which then deposit those funds into the bank accounts of counties and cities.
Clown World: D.C. Elites Consider Minting ‘Trillion-Dollar Coin’ to Game Debt Limit
(News Editors) WASHINGTON (AP) — Some politicians think they’ve found a silver bullet for the impasse over the debt limit, except the bullet is made of platinum: Mint a $1 trillion coin, token of all tokens, and use it to flood the treasury with cash and drive Republicans crazy.
Tech Companies Amass Large Portfolios of New Properties During Pandemic
(Mary Villareal) The biggest U.S. companies are sitting on huge piles of cash, and they are running out of ways to spend it. So now, they are putting their money in a lot of commercial real estate.
Fully Vaccinated People Testing Positive for COVID – So How Does the “Benefit” of Experimental Vaccines “Outweigh the Risk”?
(Brian Shilhavy) Earlier this week, investigations in Europe found that the experimental AstraZeneca COVID vaccines have caused fatal blood clots.
Situation Update, Feb 1 – Populist Financial Uprising May Tear down the Entire Rigged System – Naturalnews.Com
(Mike Adams) The silver lining for the events of the last year is that huge numbers of people are awakening to fact that everything is rigged