Biden Harris Inflation Continues Crushing Middle Class – Only Donald Trump Has the Policies to Stop it

September 22, 2024 | Sundance |

If there is one economic dynamic we have talked about on these pages more than the rest, its inflation. {Background}

The root causes of inflation are two-fold, monetary policy and energy policy. However, when combined they represent a predictable outcome. Specifically predictable, when it comes to highly consumable goods that require a lot of industrial effort, labor, distribution and warehousing processes. Thus, food inflation was/is worst.

Within all of the sectors most vulnerable to upward price pressure as a result of policy (monetary and energy),the main industry impacted by immediate and severe inflation is food, farming and agriculture. Food, a highly consumable product with a thin supply chain, sees the results of inflation first and fastest. Durable good inflation lags behind high-velocity consumable goods.

It was with this understanding CTH first warned in 2020 of what would happen coming out of the COVID Pandemic economic crisis. We predicted and watched in 2020 as one-third of all food supplies were destroyed because 50% of the food supply chain (restaurants, cafeterias, schools, food trucks, essentially food away from home) was shuttered.

In the middle and latter part of 2020, the retail food supply chain (grocery stores), normally representing 50% of total caloric consumption, struggled to keep pace with massively increased demand on that side of the food supply. The agricultural supply chain was completely screwed up in the USA when half of the normal food distribution (wholesale food away from home) was blocked from their business model. The resulting impacts were entirely predictable for those who did not pretend. We warned, and it happened exactly as we anticipated.

Then, making the predictive nature of food pricing more obvious, we watched as the Build Back Better or Green New Deal was thrust upon the entire western world dynamic. This BBB/GND energy policy shift intentionally and purposefully exploded the cost of manufacturing and distributing food. With massive and immediate increases in energy prices, the price of food skyrocketed quickly; because the impacts are fast in this sector.

Over the next several years the prices of food continued going up as the increased energy cost embedded within the agriculture sector. Nothing about the price of food, or the ancillary processes within the industry, will change unless and until energy costs retreat.In essence, with higher energy costs, food prices stay high; they are directly connected.

No other facet to food inflation is more substantial than the cost of energy to produce the product. Farming and agriculture are energy dependent from fertilizer to farming equipment, fuel, processing, packaging, transportation, warehousing, storage, climate controls in distribution etc, everything is dependent on energy pricing.

High energy costs are why food prices (inflation) would always stay high, regardless of what happens in other sectors. CTH talked about this at length long before the impacts came over the horizon. We talked about preparing our families to offset this issue, but there is only so much you can do.

We are all currently feeling the intense increase in prices at the market, grocery store and supermarket, and the worst aspect to this dynamic is the reality that as long as energy prices remain high, food prices will never drop. [NOTE: There is a smaller supply/demand impact; however, with most of the USA agricultural sector exporting food products (multinational corporations ie. Big Ag) the domestic USA supply is subject to globalized pricing.]

Bottom line. As long as energy prices remain high, food prices will remain high.

The “great reset” per se’, was not a process that began after the pandemic. The pandemic was the beginning, ushering in the “great reset” by being the starting point of the mostly western, global energy shift.

Into this dynamic there is good news, one voice has clear eyes on the problem, and as a consequence, answers.President Donald Trump understands the nature of how the current price pressures that are crushing the middle-class can be reversed and removed. WATCH:

I Meme Therefore I Am

@ImMeme0

There is a huge difference between someone who was elected and someone who was selected.

https://x.com/ImMeme0/status/1837252172448420239

https://theconservativetreehouse.com/blog/2024/09/22/biden-harris-inflation-continues-crushing-middle-class-only-donald-trump-has-the-policies-to-stop-it/

>>21644095

21 Sep, 2024 13:13

Kusturica documentary on Kiev’s crimes against Orthodox Church premieres

The famed director says his new film aims to “counter attempts to kill God” in people, both globally and in Ukraine

A new documentary film called ‘People of Christ. Our Time’ by iconic Serbian filmmaker Emir Kusturica that explores Kiev’s persecution of the Ukrainian Orthodox Church (UOC) premiered this week in Belgrade.

While featuring stories about the plight of Orthodox Christians all over the world, the film focuses on Ukraine, where there has been a split between the canonical UOC, which traditionally had close ties with the Russian Orthodox Church, and the Kiev-supported rival Orthodox Church of Ukraine (OCU). The UOC has been subjected to a harsh crackdown by the authorities in Kiev. Its activities have been banned and its clerics sanctioned, while recently adopted legislation threatens to effectively shut it down entirely.

Kusturica’s film tells the story of the priests and faithful who have had to endure persecution at the hands of the state.

The film includes a number of personal stories, such as of a Ukrainian native and Orthodox missionary, philosopher, and writer named Ruslan Kalinchuk, who spoke at large about the events leading up to the split of the Ukrainian church. Also featured is a priest from Kiev named Mikola Mogilny, who shared his view on the current state of religion in Ukraine.

Attending the premiere were numerous prominentinternational guests, including the Georgian ambassador in Belgrade and officials from Hungary and Slovakia. It was also attended by the head of the Serbian Orthodox Church, Patriarch Porfirije.

At a press conference held after the premiere, Kusturica expressed hope that the film would be shown across the globe, including in Ukraine.The filmmaker blamed the West for attempting “to kill God” in people, which, he said, it had succeeded in doing in Ukraine.

“This film… it is about God and man. The soul of Ukraine today is wounded, the Ukrainian government persecutes Christ Himself,” he stated, adding that “Ukrainians have been sold a war” by the West, and “they bought it.” He accused Western politicians of persecuting the Orthodox Church as a whole, quoting anunnamed US general as saying that “Orthodoxy is the number one enemy in the world.” He noted, however, that in some countries, such as Russia and Serbia, the Orthodox faith is strong despite the pressure.

“In Serbia, it seems to me, no matter how much Western politicians… try to kill God in us, with the help of the so-called soft power, which after the broadcasting of the opening of the Olympic Games in Paris has sharply manifested itself –it is impossible,” Kusturica said.

The film is currently being translated into other languages and will soon be available in countries besides Serbia.

https://www.rt.com/russia/604420-kusturica-documentary-kiev-crimes-church/