Austerity Measures & Rate Cuts, Austerity & Rate Hikes, No Austerity & Rate Hikes – Let’s Talk About ESG and GUARANTEED Consumer price inflation – September 18, 2023
I’m going to make this post short, and for those of you who don’t know what I’m talking about, sorry, this post is not for you. This post is mainly for those of you who comprehend that the PRICE of production is too high.
I remember first being MADE CONSCIOUSLY aware of Environmental, social, and corporate governance(ESG) via Marin Katusa, and then saying to myself, does Marin comprehend the consequences of what he’s saying?
I’m definitely not speaking for Marin Katusa, but when I was reading his material it sounded to me that Marin didn’t BELIEVE in a FREE market based economy, which, if that’s true, I’d understand because the fiat monetary system which centers around the U.S dollar has been working great so far.
So if the world has figured out this pesky “money” problem, then it’s time for a BIG GOVERNMENT to take over and pick winners and losers. I’ve been labeling what’s happening now as LATE STAGE SOCIALISM, which is a period in which the central planners have a choice between Austerity Measures and hyperinflation.
A lot of people CONFUSE the role of central banks, assuming that central banks exist for the benefit or PROTECTION of the private sector. If you’re one of those who imagine that the central bank exists for the private sector, I remind you that the private sector can exist WITHOUT a government, without taxes, without an agreed-upon organizational structure of the world.
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Most societies start WITHOUT a government, the government is usually formed to address DISPUTES, despite what you’re told the government is not need to build roads, actually, the government gets in the WAY of building and maintaining roads, the actual real problem with building ANYTHING is that after it’s built, it starts attracting people.
When people are drawn to something, if they’re ALLOWED to, they’ll imagine that an established society should operate based on their own personal ideals. For the most part Western civilization is DERIVED from Judeo-Christian values, a lot of what we ENJOY an take for granted now people VOLUNTEERED their lives to make it a reality.
In the modern era, because of how society has ALREADY been restructuring what we used to do for free, now requires a salary often with a MINIMUM WAGE attached to it. Worst than a forced price to pay for something are the PROTECTIONS around that job.
If I’m a unionized worker for the government, it’s hard to even FIRE me, actually, the truth is it’s quite easy, but the politician has to have the HEART not to be liked. Because if I strip of your employment, not only will you vote to have me removed or impeached, but you’ll also be motivated to vote for someone the complete opposite of me, someone who will reinstate your cushy government job and make you look like a victim and a hero.
I again remind you that even military personnel at one time VOLUNTEERED their lives without being financially compensated, so think to yourself why can’t most of these white-collar government workers be fired?
It’s all politics, the money is politicized and I do think Donald Trump and Joe Biden are the perfect politicians to represent this moment in history. When I was growing up imagining a PUPPET politician was a conspiracy theory.
Joe Biden was a blessing in that for most people willing to observe how stupid Joe Biden is; they can now legitimately ask themselves how many moronic Presidents did America have? How many compromised U.S. Presidents were there, truth be told, the only reason Joe Biden got exposed is because of the 24/7/365 news cycle.
Even when I was growing up, the news cycle wasn’t this up to date. Donald Trump, from a FISCAL perspective, is a DISASTER, I liked 2016 Candidate Trump who spoke to Libertarians, but now that I know it was all act, it’s pretty obvious to see that Donald Trump provides the COVER for the tyrannical Left.
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Because Donald Trump attracts so much attention to himself, the Left has been able to successfully sneak through a lot of things on their wish list INCLUDING ESG. Now, why ESG is DIRECTLY responsible for consumer price inflation is that the modern economy runs on CHEAP energy.
There’s nothing CHEAP about ESG; from an economics perspective, ESG is redistributionist in its entirety. The best thing about ESG for the Left-Wingers is that it addresses all of their major demands, namely their “social” demands.
The ESG social demands equate to MASSIVE bureaucracy for everything, bureaucracy in case you’re unaware is part of the CENSORSHIP agenda. The people looking for totalitarian rule, what to make it impossible to challenge their authority.
Solving this problem in THEORY is easy, but in practice, it’s impossible because whoever wants to deal with the problem will have to have thick skin. Some assume that’s Donald Trump, but I wholeheartedly disagree, because as an example Trump doesn’t have to talk about social security and Medicare, but he made it part of his platform.
Social security is paid for by employers
Social security in case you’re unaware is paid for by PRIVATE SECTOR employers, who can also become SPECIAL INTEREST GROUPS, so if you had half a brain you’d dump trump. Medicare is obviously financed by BIG PHARMA, so if you’re imagining Donald Trump will drain the swamp, you’re an idiot.
Truth be told, the private sector is what it is, and will adjust even if austerity measures are implemented, the problem with austerity are ENTITLEMENTS. I’ve talked about this plenty of times, but the reason most people don’t want to return to a gold standard is because the have to earn a dollar the HONEST way, which for most people is BENEATH THEM.
The minimum wage law as an example, was designed to DRIVE UP wages. Wage is a fancy word for PRICE, And in case you’re unaware, capitalism drives DOWN prices. Let’s say I am selling apples, and I want 25 cents per apple, but nobody wants to buy my apples at 25 cents, to avoid my apples going bad, I lower the price 10 cents, so at least I can make some capital before my apples spoil.
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Most people they give up then and there, but then someone new comes along and notices that the market is willing to pay 12 cents consistently for FRESH apples because, you see, the person hoping to sell the apples at 25 cents per was too greedy, so this DRIVES down the price of apples and this driving down of prices is what some people hate, which is why a lot of people want the GOVERNMENT to reward them for not meeting the DEMANDS of the market.
Currently, there is a demand for Electric Vehicles; however, this demand is still very small, because there’s a lot EVs CAN NOT do. However, the government wants to FORCE everyone to subsidize Electric Vehicles(EV), which is part of their ESG agenda.
Now, for some people they say, what’s the big deal? Well, the big deal is that the PRICING mechanisms are all messed up, and the market has to adjust to account for the new much higher price for energy.
I remind you that Lithium batteries as an example not only haven’t arrived yet, but they also can’t replace fossil fuels., yet the ESG redistribution model wants to behave like it will.
When I observe Bond Market participants, many claim that the MARKET wants interest rates to come down, imagining that the Bond Market controls interest rates, the bond market doesn’t control interest rates. CENTRAL BANK interests exist for the benefit of the GOVERNMENT, NOT the private sector.
The question is why are the central banks around the world raising interest rates? The answer is because of the UNITED STATES Federal government’s FISCAL POLICIES, which are fueling inflation in AMERICA.
Most countries around the world are reliant on the U.S. consumer to remain solvent, and if the U.S. consumer is spending less, the demand for U.S. dollars diminishes, if the demand for U.S. dollars diminishes, it equates to the GLOBAL economy DEFLATING.
Now, typically when the economy is deflating, you print more money, right? WRONG, if the economy is deflating you’re supposed to FIRE the PEOPLE who are preventing the economy from deflating.
Printing money to solve problems, makes the problem worse; that’s why COMMUNISM fails. Now, some countries, can’t even think about printing money to solve problems because the global market isn’t interested in their brand of Leftism, but America has been the bastion of freedom and CAPITALISM, and therefore the world is waiting to see what America does.
Late Stage Socialism is a period in which there is only ONE right choice, and that right choice is austerity and raising rates, if you’re saying to yourself that likely will not happen, you have to ask yourself what will happen, because if as an example the central planners, put rates to zero while the government remains bloated, hyperinflation is inevitable at that point, and because the U.S. has the worlds reserve currency, hyperinflation would likely happen in the U.S first before spreading all across the globe.
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By the way, all fiat currencies are reliant on the U.S. dollar; most countries have GIANT welfare states; it always makes me laugh when countries that spend very little on their military ignore their bloated governments. The American military allows a lot of countries to cut their military spending, so let’s say the U.S. empire falls; well, don’t be surprised if as an example, you see a resurgence of PIRATES in the seas, interrupting trade routes.
Interesting times ahead!