from Silver Doctors:
If they’re sticking with the transitory inflation narrative, then why would the commodities, gold and silver…
(by Half Dollar) Unfortunately, the Fed’s most recent two-day FOMC meeting concludes this Wednesday afternoon at 2:00p.m. EST, followed by the circus sideshow of a “press” “conference” at 2:30.
I say unfortunately because this is one of those weeks in which a Fed Intolerant person such as myself generally gets sick and throws-up a little bit at the sound of anything Fed mixed with MSM & Wannabe MSM Propagandists.
TRUTH LIVES on at https://sgtreport.tv/
Anyway, welcome to our new found reality, where the transitory inflation really sucks if you’re building stuff and paying for the building materials:
We should probably look into adding “price stability” or something as a mandate for the Fed.
Of course, I’m sure the Fed’s Apologists, Armchair Quarterbacks, Butt Kissers, Enablers, Experts, Propagandists, Pundits, Shills, Sympathizers and Worse will point to the crash in the price of lumber and say, “see, the inflation is temporary!”.
And the irony will be totally lost on the Brainwashed Masses, the Sheeple and the Walmart Zombies just the same as the Fed and Jerome Powell have said on multiple occasions that it will take substantial, sustained high rates of inflation for years for the Fed to consider the inflation not transitory, yet the price of lumber can crash over one month and everybody can say, “see, told you so!”.
It would be funny if it wasn’t so pathetic.
But I digress, and since I’m digressing, we really need to start thinking about the Fed as a Domestic Terrorist Organization, and not just because the Fed kills Elderly American Savers via the Fed’s suppression of interest rates and deceitful inflation measures, and not just because the Fed enslaves America’s Voiceless Youth via the massive accumulation and enabling of Federal government debt, but because in what could only be the exact equivalent of allowing serial child rapists teaching sex education in US public elementary schools, the Fed is infecting the minds of America’s children in America’s elementary schools, and that’s pure evil.
Now, the inflation is great if you bought a brand new giddy-up pick-up truck in the Summer of 2020, have barely put 1,500 miles on it, and keep the truck in a garage, because that has been one of those rare instances when a person drives off the lot with a brand new vehicle that goes up in price, not down.
I’m not kidding about that, and of course, it was such a no-brainer, that even an idiot like me saw it coming:
Strange times, indeed.
And I don’t write about my truck to brag, but to make a point: The various Fed Heads will say this is all transitory in nature due to the microchip shortage caused by the supply chain disruptions.
Of course, the microchip shortage has absolutely zero to do with companies engaging in share buybacks instead of investing in research & development or plant & equipment: