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Posts Tagged ‘cost of living’

Their Views On Our Future Prospects

Posted in Thoughts of the Day, tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , on July 15, 2024| Leave a Comment »

Their Views On Our Future Prospects

It seems there is no longer any attempt to maintain anything. It’s all being allowed to fall apart. The thinking appears to be highly short-term. There used to be consideration for both the short and the long term. Instead, there is this sense that everyone is trying to butcher the cash cow and get their share of the meat before it’s gone. There is the sense that people are trying to wring all the blood out of the middle class. But wringing the middle class out of its discretionary income through inflation and higher interest rates has long-term repercussions and I doubt the rich and the economists are too stupid to realize this. For example, what will the banks be left with if people can no longer afford to maintain their homes? A surefire way to ruin a house is to allow the roof to deteriorate. What will happen when the middle class can no longer afford to buy the goods from small businesses — the major, still existing employer of American citizens? Can they really not realize the domino effect that will ensue if they rid us of all our money? Or, is it they believe we are transitioning away from the economic paradigm we had all grown up with, and it will soon be replaced by one with extreme wealth coupled with extreme poverty? Where the majority work for no more than room and board — if we’re fortunate enough to afford even that much?

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Inflation Caused by Government Spending, Supply Cuts, and Importation of Labor

Posted in Thoughts of the Day, tagged , , , , , , , , , , , , , , , , , , , on May 30, 2024| Leave a Comment »

In the past, the general understanding of inflation was that the demand for a good or service exceeded the supply. The implication was that any increase in the supply of money was in the hands of the consumer. In this case, the money is in the hands of the government and whatever special interests and agendas it decides to fund. There is no generalized proportional increase in wages for the workers, despite what the media says.

Instead, they are bringing in cheap foreign labor to undercut already proportionately low wages. This is to prevent a wage-price spiral — where the corporations would be forced to pay higher labor costs to compensate for the increased cost of living. They say preventing a wage-price spiral is good for everyone, but in reality it’s mostly good for the corporations. Bringing in foreign labor doesn’t just freeze wages, it can also reduce them. It also manages to drive up demand, putting pressure on price inflation. The corporations are also using taxpayer dollars to subsidize the foreign labor workforce — pay for their housing, food, healthcare, education. The taxpayer is paying the social costs of these workers while the corporations are just reaping the benefits of the cheap labor. This is a fascist system.

Meanwhile, in economics ideal price is determined by a bell curve. At the center of the curve is a price sweet spot. Free market systems are interested in that sweet spot since it allows companies to maximize profit. It shows the intersection where demand plus price can yield the maximum profit. Increasing the price has a tendency to decrease demand while decreasing the price has the tendency to increase demand in most things. Any price above or below that ideal price will decrease the profit. But in the fascist ideologically based system, supply is being artificially cut in areas such as housing, food, and energy, so that corporate profits can be somewhat maintained — though not at the level they were at under the free market system.

This keeps demand artificially high in comparison to the supply. That way they can keep prices and profit high while providing less. In other words, people can’t live without food, even if they can’t pay for it. And the few who can pay will pay whatever they have to in order to be able to eat. By targeting inelastic goods — essential items — for supply cuts they can force people to pay more for the item and thereby partially compensate for the reduction in quantity sold.

There is no intention to supply the world’s population with what they need to survive.

That way they can starve out the general population of necessary resources while still reaping some profit in the bargain — a compromise between greed and ideological fervor — and well in keeping with depopulation goals.

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Whose Money Is It Again?

Posted in Thoughts of the Day, tagged , , , , , , , , , , , , , , , on March 11, 2024| Leave a Comment »

Whose Money Is It Again?

It’s pretty clear to me that one of the major reasons people vote for big government spenders is that they are hoping to get a slice of the pie for themselves. It can be overwhelming when the propagandists get to talking about trillions of dollars. It feels as though there is a limitless supply of money to be had. But in actuality, there couldn’t possibly be.

I noticed that they sold out our industrial base in the 1990s. I figure that’s largely why Millennials and Gen Z have very few career opportunities that require a college degree now. Those jobs were given away before many of them were born. I realized that a college degree would have a limited payoff attached to it when the 2000s came upon us. But there were still some careers worth having then — that were still worth the college price tag — if you had the talent to separate yourself from the pack. But that’s not the case so much anymore. What we seem to have left are largely unskilled labor jobs. And they are currently flooding those mostly service jobs with labor from other countries. This, of course, will drive up prices for goods like food while suppressing wages. Meanwhile, the service industry is liable to take a hit with the inflation and interest rate hikes eroding the discretionary income of the lower and middle classes. Isn’t that likely to reduce even the unskilled service jobs? Also, the wages aren’t likely to increase if labor is being brought in to compete with domestic workers. This wouldn’t be so distressing if our cost of living weren’t so disproportionately out of sync with our income. And it seems clear that we US citizens aren’t welcome to just go to countries with better jobs or lower costs of living. American citizens are tied to the land. We are not allowed to follow the jobs to other countries. This apparently isn’t the case for citizens of other countries in regards to the United States.

And as an aside, what brought about the re-evaluation of house values that drastically increased the cost of houses not just in regional hot spots but all across the country? Since we middle/lower classes actually have to live in our houses then anything we gain by the price hike will likely be taken away at the other end.

Anyway, we are being told the inflation is due to an increase in domestic demand. But how can that be? If the prices were just a matter of domestic demand, then how can they exceed the amount people are able to pay? I’ve heard that some facets of the economy such as social media and tech companies had been paying quite a bit. But enough to inflate the entire economy? What did these people with substantial incomes do? Start eating copious amounts of food? I doubt that. It seems more likely to me that the inflation is a result of government overspending, competition with wealthier nations such as China, and supply restrictions.

And by the way, when the government overspends the money it isn’t being reinvested in the United States. They begrudge spending the money on us. East Palestine, Ohio and the fire in Maui demonstrated that.

No, we are supposed to fund our own disaster relief with our nonexistent discretionary incomes. We are supposed to pay for our own security now that they’ve defunded the police. When they mandate prohibitively expensive furnaces we have to buy those. (“Biden Announces Restrictions on Gas Furnaces,” 2023) These mandated furnaces are also not as highly rated as the former models. Meanwhile, they are too busy spending the collective funds of the United States, which had allowed the middle and lower classes to live an acceptable standard of living without having to be wealthy, on their own agendas (which also happens to be the agendas of the globalists) to bother with our welfare. If our society, infrastructure, and services deteriorate, we will just have to suck it up. Safety, what’s that? Hygiene? That’s not necessary — not for us anyway. Luxuries like those are only meant for the people who can afford them — so says the people who rule over us with their mansions and private jets.

Biden Announces Restrictions on Gas Furnaces. (2023, October 3). IER. https://www.instituteforenergyresearch.org/regulation/biden-announces-restrictions-on-gas-furnaces/

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