Inflation is a monetary phenomenon of too much money chasing too few goods.
It’s the result of the Wall Street owned and operated Federal Reserve’s money printing madness.
Since the 2008 financial crisis, trillions of dollars pumped up stock prices to the make super-rich and rich interests throughout the West and elsewhere richer than ever.
Corporate bosses also used Fed created money for large-scale stock buybacks to elevate their valuations.
Since Russia’s liberating SMO began, hegemon USA-dominated Western regimes exacerbated things by imposing unparalleled numbers of sanctions on the Russia Federation.
While adversely affecting its economy, European nations were more greatly harmed.
US policymakers didn’t consider how largely self-sufficient Russia is able to withstand the impact of Western sanctions.
Besides seeking to cause maximum harm to its enterprises and people, the Biden regime wants European economies adversely affected to benefit corporate America.
That’s how predatory capitalism works, exploiting other nations and vast majority of people everywhere to benefit the privileged few.
The latest US CPI showed inflation to be higher than expected.
It’s not the phony year-over-year 9.1% reported on July 13.
As calculated pre-1990 before the formula was rigged to appear much lower than reality, it’s around 17.3% — the highest level in over 75 years, what’s unlikely to ease any time soon.
It’s not “Putin’s price hike” as the fake Biden and those propping up his illegitimacy falsely claim.
Inflation has nothing to do with Russia’s liberating SMO.
As establishment economist Milton Friedman explained long ago:
“Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.”
And this from Friedman:
“If you listen to people in Washington, (they’ll) tell you that inflation is produced by greedy businessmen, or it’s produced by grasping unions, or it’s produced by spendthrift consumers, or maybe, it’s those terrible Arab sheikhs who are producing it.”
“(N)one of (the above) produce inflation” because they don’t have a money-producing printing press like the Fed.
As long as there’s most money printed than things to buy, prices are pressured to rise.
The way to cool inflation is by slowing the rate of money creation.
Things have gotten so out-of-control in the US, UK and EU that most likely a stiff protracted economic downturn alone can get inflation under control.
According to analyst Doug Casey, annual US deficits are from one to two trillion.
The only way to finance them is by selling excess debt to the Fed.
And the only way it can do it is by continued money printing in amounts needed.
The Fed is the only major buyer of US debt — notably since the Biden regime confiscated around $330 of the amount held by Russia.
The handwriting on the wall should have been apparent much earlier earlier.
Nations concerned about being treated like Russia and others thinking they may be targeted one day are selling US debt, not buying it.
When the Fed buys government debt, “it monetizes (it) by crediting the federal government’s accounts with commercial banks with newly created dollars,” Casey explained.
Currency inflation pushes prices higher.
The fault is home-grown.
When occurs, currency depreciation is economically devastating.
The rich can handle adverse economic and financial conditions.
Ordinary people are harmed most.
Fed chairman and Treasury secretary Yellen are wrong.
Current US inflation isn’t “transitory.”
It’s deep-seated and not easing any time soon.
Casey believes it became “a permanent structure.”
“The state needs…massive (amounts of money creation) and credit to feed itself and its minions.”
Deep-seated inflation isn’t going away easily or soon in the US, UK or EU.
Hard times getting harder will be the bane of ordinary people throughout the US/West for some time to come.
The Stephen Lendman Blog 
Mr Lendman
It’s Stagflation..!
Another Animal in the Zoo..
Altogether
A Real Game of Whackamo!
For instance..
The Chicago School
Catch All is
“Alot of Money
No real goods to Purchase.”
Well, that’s true..
Absolutely true..
But it way too simplified and meant to be sophomoric
Because it disguises the
Real Problem
Milton Friedman made everything a question of Distribution
Rather than the Point of Production
Which is where the Stagflation begins.
Today profits are being derived,
MIND YOU .
(Ghost Profit )
( Imaginary Profits)
( LOOKS GOOD ON THE
BOOKS PROFITS )
From Financial Instruments
“Clipping the Coupon”
” Chipping off a piece of the Imaginary Doubloon”
Hey, Saul..
Don’t chip a Tooth
A Sharing Out of an Instrument
That only represents a Value Created..
An IOU on Future Production
Not a real product
A socially useful product
That it is a complete newly created “phenomenon”
of Social Surplus Product
Something tangible
Something that can enter the World Marketplace
And perform a specific Social need
Ie, Social Surplus Product
Which Labor created at the
Point of Production
Now a profit is devised by an imaginary currency
QE generated
piece of Paper..
With a Cartoon on it
That’s a terabyte of Real Value
And traded up to be further diluted and shared out
Nothing on the Market
And Nothing On the Books
Stagflation
Built into Capitalism in the Late Stages
What exacerbates the Problem now.
Is all the Markets are Sideways
Nowhere for the Investor to really go .
Damned with all that Equity
Floating in it .
Not a drop to drink.
World is at a Dead End
The Final Stages of Late Capital
No big Secret
Karl and Freddie predicted it 150 yrs ago.
Dynamo is off the Tracks .
AGAIN.
And this will be the Worst Ever
Been building for 30-40 yrs..!
“Hey Don’t Blame Me if Reality is Marxist..!”
HAHAHA
HAHAHA
Good Night Sweet Prince..
The Dawn Awaits You ..!”
BE BACK W/ THE GOOD NEWS
Russia extricated itself at exactly the Right Time
Isolated itself from the Collapse of the West
THE TWILIGHT OF THE CLODS
PERFECT TIMING
A GODSEND…!
THE GODS
LOVE MOTHER RUSSIA…!
GO RUSSIA..
TO TOTAL VICTORY..!
No way out..
Real World in 2000 was.. $83T
Current World Debt is…$305T
$80 T is about 1/4 th of $305 T
Or put another way
The World Debt increased 350%
In 22 Yrs.
I think it’s Fair to Ask..?
WHERE DID ALL THE
MONEY GO.. MOTHERFUXERS?
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Mr Lendman..
Currently Thursday..
July 14..7:30 am
RT reported EU Qualifications
Their Resolution on Kaliningrad
Which is a Slap in the Face
Russia can’t even use Roads!
Everything has to be inspected by the Nazis..!
EU Sanctioned Goods cannot be shipped..!
Russia waited about two
Weeks to get kicked in the balls.
The Mouse is Dictating to the Lion …
Astonishing
When in Reality..
The Lion shouldn’t give a fux what the rat’s opinion is.
Substitute Grizzly Bear
For those using the
Dime Line
And Standard Protocol
or Queensbury Rules.
Everything with the Gangsters
Is a Fux Over.
All Meetings, Discussions, Compromises and Treaties
are a hose job…!
I am actually not surprised in the Least.
Moreover…
The Grain Agreement
In Istanbul
Will be sideways in a Month
Witness both Astanas
Both Minsks
The Normandy.
Nothing Sticks
Everything is a FuxOver.
EIN SO..
What should Russia do ..?
Back to Square One.
Need to stop fuxing around with these Bedwetters.
I thought Russia was finished Negotiating with the Neo Nazis
Who publically say they plan on the annihilation of Russia
To Delete Everything Russian.
Lordy, Lordy
Myself
I’ve Been moping round the Mulberry Bush
For Pert Near Eight Decades
And ain’t never seen no Bully
Back down..
Till he got the Shit knocked
outta him…
Nossir.
They’re just gonna go on like its Business as Usual..
Being the King of the Jungle.
The Conundrum,
of course
Only because the Lion is asleep,
Does the Monkey think he’s the King of the Jungle..!
The time is upon us..
Time to show the Cards.
Reality dictates that .
No conjecture.
Reality.
Lithuania has now made themselves Russia’s Handler.
Some would say,
” Master ” or ” Baby Sitter !”
Not I ..
I cannot utter those words .
They’re too Demoralizing.
I’d Rather see the Train Station in Vilnius disappeared…
“Goodnight Mrs Calabash
Wherever you are..!”
GO RUSSIA..
TO TOTAL VICTORY….!
Etc
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