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The OSHA Mandate May Be Stalled, But The Other Mandates Are About To Suffocate Economic Activity All Over America

November 18, 2021November 18, 2021 by Michael

You can thank Joe Biden for the madness that is about to unfold. As I discussed yesterday, the OSHA mandate that would cover more than 80 million American workers has been officially put on hold, but Biden’s other mandates are still in effect. So that means that vast numbers of patriotic young Americans are about to be kicked out of the military. We better hope that Russia and China don’t decide to suddenly make some big moves after our military is ruthlessly gutted. Countless numbers of federal employees are about to be forced out of their jobs as well, and that includes airport security screeners. If you plan on traveling by air during Thanksgiving week, you could potentially be facing some enormous delays…

As many as 40% of U.S. airport security screeners haven’t been vaccinated for COVID-19 as an immunization deadline for federal employees and the busy holiday travel season converge.

Many Transportation Security Administration workers are resisting the requirement as the Nov. 22 deadline approaches, said Hydrick Thomas, president of the American Federation of Government Employees’ division representing front-line airport security officers.

Who was the genius that decided that the deadline should be right before the busiest travel days of the entire year?

Someone should definitely be fired over that one.

Biden’s mandate for healthcare workers is also still in effect, and the CDC is telling us that approximately one-third of all healthcare workers in our hospitals are currently unvaccinated…

Nearly one third of healthcare workers in U.S. hospitals are still not vaccinated against Covid-19, according to research from the Centers for Disease Control and Prevention (CDC), as tensions escalate over a looming—and contested—nationwide mandate that officials worry will leave the sector with a shortage of critical workers.

So what are we going to do when a third of all of our hospital workers are suddenly terminated right in the middle of a pandemic?

We can’t just pull random people off the street to be doctors and nurses.

Someday soon, you may go to the emergency room and find yourself waiting for hours and hours because there is nobody to treat you.

In fact, we have already been seeing people die in our emergency rooms as they wait for treatment that never comes.

This is America. This sort of thing isn’t supposed to happen here.

But it is happening.

The good news is that some employers around the country are seeing the light and are now luring new employees with a promise that no vaccine will be required…

In the search for workers in this tight labor market, companies have courted new hires with the promise of higher wages, sign-on bonuses, ample vacation time, and childcare.

The latest: “No vaccine required.”

That three-word phrase is popping up across online job listings (sometimes emphatically in all caps and accompanied by exclamation marks) as businesses seek to turn the federal government’s proposed vaccine decree on its head and attract employees — notably those from a talent pool that’s been turned off by or turned away from employers that require a Covid-19 vaccination.

Of course CNN thinks that this is a horrible development, but in their article they also admit that this is working.

Companies that openly advertise that no vaccine is required are being deluged with applications.

Speaking of vaccines, the FDA is asking a federal judge to keep certain Pfizer vaccine data under wraps until the year 2076…

The FDA has asked a federal judge to make the public wait until the year 2076 to disclose all of the data and information it relied upon to license Pfizer’s COVID-19 vaccine. That is not a typo. It wants 55 years to produce this information to the public.

As explained in a prior article, the FDA repeatedly promised “full transparency” with regard to Covid-19 vaccines, including reaffirming “the FDA’s commitment to transparency” when licensing Pfizer’s COVID-19 vaccine.

Why would they want to hide this information from the public?

There is so much about all of this that smells really, really bad.

Meanwhile, Biden’s mandates threaten to severely harm a U.S. economy that is already rapidly crumbling. On Thursday, we learned that CVS will be closing 900 stores…

CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in response to the changing of “consumer buying patterns.”

The drug store chain said Thursday that the closures will result in a retail presence that ensures it has the “right kinds of stores in the right locations for consumers and for the business.” A list of locations shutting down, which will happen beginning next spring, was not immediately released.

Needless to say, CVS wouldn’t be closing hundreds of stores around the nation if we were on the verge of an economic renaissance.

The months ahead are looking exceedingly bleak. A new wave of the pandemic has already begun, and some experts are warning that this could be the biggest wave of all.

We are already seeing absolutely insane authoritarian measures being implemented all over Europe, and the Biden administration will undoubtedly try to push the envelope wherever it can.

More lockdowns, shutdowns and mandates will crush economic activity, and the economic outlook for next year was already not very promising at all even before this new wave came along.

As I have said before, I have such a bad feeling about 2022. The stage is being set for so many of the things that I warn about in my latest book. If you have not been paying much attention to global events, you need to wake up, because it appears that things are about to start getting really crazy.

I hope that you are able to spend time with family and friends over the next couple of months, and I would encourage you to warn them about what is coming.

Because the “good times” are almost over, and the vast majority of the population is going to be absolutely blind-sided by what is coming next.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com. During this season, I would like to encourage you to send digital copies of my new book to your family and friends as gifts. That will help to support the work that I am doing, and it will help to multiply the impact of the book. In addition to my new book I have written five other books that are available on Amazon.com including “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned) By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe. I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions. I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help. During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

Welcome To The “New Normal”: This Is Going To Be A Holiday Season That None Of Us Will Ever Forget

November 17, 2021November 17, 2021 by Michael

We seem to have entered a nightmare that does not appear to have an ending. Earlier this year, many of the “experts” assured us that the U.S. economy would be “booming” by the end of 2021, but that didn’t turn out to be true at all. Instead, we are dealing with widespread shortages, the worst inflation since the 1970s, and the most epic supply chain crisis in the history of the United States. So this year, we are all going to have a “new normal” holiday season. The upcoming holidays may not be quite what you have become accustomed to, but the elite are still trying to put a positive spin on things.

For example, CNN is encouraging us to look on the bright side by assuring us that we “won’t have to cancel Thanksgiving” even though store shelves are increasingly bare…

If you’ve been noticing emptier shelves when shopping for Thanksgiving, you’re not alone. But you won’t have to cancel Thanksgiving.

The shortages of 2020 were supposed to be long gone by now, but instead the shortages of 2021 are far worse. If you doubt this, just check out these availability numbers for some of our most important Thanksgiving staples…

During that first week of November, whole bird frozen, fixed-weight turkeys were in stock at a rate of 64% on average across national retailers, IRI found. This time last year, that figure was around 86%. IRI data didn’t include seasonal fresh turkey. Last week, many Americans who were buying turkey early were buying frozen birds.

Availability of packaged pie was roughly 68% that week, compared to 78% in 2020. Liquid gravy, with an in-stock rate of 73%, is down about 12 percentage points compared to last year. Cranberry sauce, with 79% availability, is down from 89% in that same period.

I still remember the “good old days” when every store had turkeys and pies.

Will we ever see such days again?

There is a shortage of Christmas trees too. It is being reported that the U.S. is now facing a significant shortage of both real and fake Christmas trees…

Anyone planning on purchasing a Christmas tree this year should act fast, according to experts.

Extreme weather and supply chain issues caused by the ongoing pandemic have led to shortages in both real and faux trees, according to the American Christmas Tree Association.

A shortage of fake Christmas trees?

Oh the humanity!

How will we possibly survive?

In addition to a lack of trees, CBS News is telling us that a number of other things will also be in very short supply over the next couple of months…

-Clothing and accessories

-Apple iPhone 13

-Sportswear

-L.O.L. Surprise! toys

-Alcohol

-Jewelry

-PS5 and Xbox gaming consoles

-Christmas lights

Of course these shortages shouldn’t really surprise anyone, because it seems like there are shortages of just about everything these days.

For instance, the shortage of garage doors has become so severe that builders in Sacramento are now being permitted to board up the garages of newly built homes…

The city of Sacramento will now allow garages to be boarded up in new homes, if the garage doors are not delivered in time.

Its a response to the shortage of garage doors caused by rampant supply chain problems.

Sadly, a lot of other things will be getting boarded up in the months ahead as our economy continues to crumble.

A little over a year ago, Joe Biden promised voters that prices would go down and our standard of living would go up if he won the election.

Apparently he must have been campaigning in “Bizarro World” at the time, because what we have actually gotten has been the exact opposite.

And things aren’t going to be getting better any time soon.

At this point, even Goldman Sachs is publicly admitting that inflation “will get worse this winter”…

“The current inflation surge will get worse this winter before it gets better,” Goldman Sachs Global Investment Research warns clients in a “2022 U.S. Economic Outlook.”

This is the weirdest economy that I have ever seen in the entire time that I have been writing, and the American people are becoming increasingly restless.

In fact, the latest ABC News-Washington Post poll found that 70 percent of all Americans now rate the economy negatively.

So there is certainly a lot of bad news out there right now.

But I am going to end this article with some good news.

We just learned that implementation and enforcement of the OSHA mandate has been officially suspended. The following comes from the official OSHA website…

On November 12, 2021, the U.S. Court of Appeals for the Fifth Circuit granted a motion to stay OSHA’s COVID-19 Vaccination and Testing Emergency Temporary Standard, published on November 5, 2021 (86 Fed. Reg. 61402) (“ETS”). The court ordered that OSHA “take no steps to implement or enforce” the ETS “until further court order.” While OSHA remains confident in its authority to protect workers in emergencies, OSHA has suspended activities related to the implementation and enforcement of the ETS pending future developments in the litigation.

As litigation proceeds, things could still change.

But for now, this deeply insidious unconstitutional mandate has officially been put on hold.

And that is something that all of us should be truly thankful for, because the OSHA mandate could have forced millions of hard working Americans out of their jobs early next year.

So despite the widespread shortages we are witnessing, the painful inflation we are enduring and the supply chain problems that never seem to end, we have a great deal to be thankful for this Thanksgiving.

At least for now, millions of jobs have been saved, and the U.S. economy has avoided an absolutely devastating blow.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

It Has Begun – Get Ready To Pay Much Higher Prices For Meat From Now On

November 16, 2021November 16, 2021 by Michael

The era of cheap meat is over. For those that are carnivores, that is really bad news. For decades, Americans have been able to count on the fact that there would always be mountains of very inexpensive meat at the local grocery store, but now those days are gone and they aren’t coming back. As I was writing this introductory paragraph, it struck me that what is happening to meat prices actually parallels what I wrote about yesterday. Just as the left doesn’t want us to use traditional forms of energy because they believe that doing so is “bad” for the climate, so they also detest that a lot of us like to eat a lot of meat because the production of meat causes levels of certain greenhouse gases to rise. Sometimes we joke about the methane that comes from “cow farts”, but radicals on the left take this stuff deadly seriously. And at the same time that gasoline prices are soaring into the stratosphere, the exact same thing is happening to meat prices. In fact, we just learned that the price of beef in the U.S. has risen more than 20 percent since last October…

Behind unleaded gasoline, beef prices have risen the most on the Consumer Price Index (CPI) since October 2020, rising 20.1% in the past year, according to the Bureau of Labor Statistics.

An increase of over 20 percent in one year is deeply alarming.

Unfortunately, it isn’t just the price of beef that is soaring. Tyson Foods just released some new numbers which show that beef, pork and chicken prices are all rising dramatically…

The biggest meat company by sales in the United States has announced significant price rises for the fourth quarter, as the impact of the highest inflation for 30 years continues to be felt.

Tyson Foods, based in Springdale, Arkansas, announced on Monday that chicken prices rose 19 percent during its fiscal fourth quarter, while beef and pork prices jumped 33 percent and 38 percent, respectively.

During the early portion of this crisis, Tyson Foods was reluctant to pass increasing costs along to consumers, but now we are being informed that they don’t intend to make the same mistake again…

Stewart Glendinning, the chief financial officer of Tyson Foods, said that they have been slow to increase their prices, in line with inflation, but are now making up for the delay.

‘We expect to take continued pricing actions to ensure that any inflationary cost increases that our business incurs are passed along,’ he said, on the company’s quarterly earnings call.

Sadly, this is just the beginning. The price of meat is only going to go higher from here, and eventually it will get to a point where meat prices become exceedingly painful.

Of course there are many that would argue that we are already there.

As food prices continue to climb, those that help the needy are going to have a much more difficult time trying to do so.

For example, the Salvation Army is projecting that it will need 50 percent more funding than last year as it feeds more Americans than ever before…

The Salvation Army is planning to serve more meals than in 2020’s record year, and will need around 50% more funding to meet the buoyed demand, Hodder said. He expects rental and utilities assistance to lead the pack of requested aid.

“We’re fearful of what we’re calling ‘pandemic poverty,’” Hodder said.

The price of gasoline continues to shoot up as well.

On Tuesday, the average price of gasoline in California set a new record high for the third day in a row…

Gas prices in California have broken a new record with an average price tag of $4.687 for a regular gallon as of Tuesday morning, according to the American Automobile Association.

It was the third day in a row the state has recorded record breaking prices as Monday’s average gas price was $4.682 and Sunday’s was $4.676 which broke the previous state record of $4.671 in October 2012.

Needless to say, the price of gasoline is quite a bit higher than that in certain urban areas.

In downtown Los Angeles, one unfortunate motorist ended up paying more than six dollars a gallon on Monday…

Brian Sproule squinted against the sun on Monday as he examined the price board at a Chevron station in downtown Los Angeles, where a regular gallon of gas was $6.05.

Sproule, 37, is a mobile notary who spends much of his time in his car. He said he’s used to spending about $40 to fill his tank, but by the time he capped off his Hyundai Elantra, the meter displayed a whopping $71.59.

Can you imagine paying that much for gasoline?

Don’t think that it can’t happen where you live. Eventually, everyone in the entire country will be seeing such prices.

As “Bidenflation” makes headlines day after day, U.S. consumers are becoming increasingly pessimistic. Just check out the latest consumer confidence number released by the University of Michigan…

The University of Michigan’s consumer sentiment index fell to 66.8 in November – down sharply from the October reading of 71.7 and well below economists’ forecast for a reading of 72.4.

“Consumer sentiment fell in early November to its lowest level in a decade due to an escalating inflation rate and the growing belief among consumers that no effective policies have yet been developed to reduce the damage from surging inflation,” Richard Curtin, the survey’s chief economist, said in a statement.

Americans haven’t been this negative about the economy in a really long time.

And it is becoming increasingly clear that things are going to get even worse in the months ahead. Our leaders continue to promise that they will make progress on the problems that we are facing, but those problems just keep on escalating. In fact, the number of giant container ships waiting off the coast of southern California just hit another new record high…

On Friday and Monday, yet another record was set for the number of container ships stuck at anchor or in holding patterns off the ports: 83. The average wait time at anchor for ships arriving in Los Angeles hit yet another fresh peak on Tuesday: 16.9 days.

That really surprises me.

Despite all of the national attention, and despite the fact that the Biden administration has gotten directly involved, the nightmare at the ports in southern California just continues to intensify.

If we can’t even figure out how to get stuff unloaded and moved across the country in a timely manner, what hope do we have of properly addressing our more complex economic problems?

As our economy is shaken by crisis after crisis, millions upon millions of families all over the nation are deeply suffering.

But of course not everyone is doing badly these days. It turns out that the vaccine manufacturers are laughing all the way to the bank…

The People’s Vaccine Alliance (PVA), an international non-profit working to close the global vaccine disparity, analyzed the earnings reports of Pfizer, BioNTech and Moderna and found that the companies will make a combined $34 billion in profit this year.

When broken down, that is $93.5 million a day, $65,000 a minute and more than $1,000 every second of profit.

When I look at those numbers, they literally make me want to vomit.

The greed that we are witnessing has reached a level that is absolutely breathtaking.

But this is what happens when the moral foundation of a society completely collapses.

In about a month and a half, 2021 will be over and 2022 will be here.

2021 has been bad, but I believe that 2022 will be even worse.

So I would encourage you to make preparations for a very rough year, because the days ahead are not going to be pretty.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

Are Gasoline Prices Being Pushed Higher On Purpose?

November 15, 2021November 15, 2021 by Michael

Is it just a “coincidence” that gasoline prices have absolutely exploded since Joe Biden took office? The hatred that many on the left have for traditional forms of energy is well known. Many of them are entirely convinced that the changes that are happening to our climate can be reversed if we can just transition away from traditional forms of energy. So on the left there is a lot of interest in finding ways to create incentives for people to use “cleaner” forms of energy instead of “dirtier” forms of energy. For example, the left would love to see all of us driving around in electric vehicles, and one way to accelerate that transition would be to dramatically raise the price of gasoline. Interestingly, that is precisely what is happening right now. In fact, the average price of a gallon of gasoline just hit another all-time high in California…

Gas prices in California reached an all-time high Monday as the average price of a regular gallon soared to $4.682, according to the American Automobile Assn.

It was the state’s second record-breaking day in a row. Monday’s price for regular unleaded was six-tenths of a cent higher than the Sunday average reported by AAA, which broke the previous state record of $4.671 set in October 2012.

And things are even worse in the San Francisco area. For those living there, the average price of a gallon of gasoline has almost reached five dollars…

Drivers in the San Francisco Bay Area are paying more at the pump than anywhere else in the country – with a gallon of gas hitting a near record level of $4.84 as the nation remains in the grip of an inflation crisis.

On November 30th of last year, the average price of a gallon of gasoline in the United States was just $2.21.

So what changed?

I think that it is pretty obvious. Last year we had a Republican in the White House and now we have a Democrat.

The Biden regime has been publicly expressing concern about gas prices, but at the same time the administration just keeps making moves that they know will make the energy crisis even worse.

When Breitbart News recently interviewed Senator Tom Cotton, he actually accused the administration of pumping up gasoline prices on purpose…

Cotton, who campaigned last week for Republicans in Iowa ahead of the 2022 midterm elections, told Breitbart News in a phone interview between events that he believes the high gas prices are on purpose.

“Most notably, more and more people tell me that they’re not even able to fill their pickup truck tank up for the entire week,” Cotton said. “They’ve got to fill up half a tank and hope that the price comes down by the end of the week. That, in particular, is the intended effect of Joe Biden’s energy policy. It’s not unintended or some accident. They want gas to cost $4 a gallon because they want all of us to get out of pickup trucks and SUVs and get into small electric compacts or bicycles or scooters or whatever else Pete Buttigieg takes to work.”

So is Senator Cotton correct about this?

If he is, it wouldn’t surprise me one bit.

Meanwhile, we just learned that over the past year home prices have been rising much, much faster than paychecks have been…

For Americans seeking to buy a home, this year has likely brought much frustration. A nexus of several natural and man-made factors culminated in the tightest residential real estate markets in recent memory.

While median wages increased by 4.3 percent October-to-October this year vs last, typical mortgage payment (30-year fixed rate with 10 percent down payment) increased nearly 17 percent, according to the National Association of Realtors (pdf). That means an average American worker earning about $4,300 a month would need to spend nearly $1,400 a month on a typical mortgage payment. And that’s before income taxes, social security taxes, Medicare taxes, property taxes, home insurance, and utility bills.

Our standard of living is being absolutely eviscerated, and the middle class is shrinking a little bit more with each passing day.

But the Democrats keep coming up with new ways to gum up the economy. For example, they are now pushing the Biden regime to implement a new mandate which will make business travel by air a complete and utter nightmare…

Democratic lawmakers are urging President Joe Biden to require that all airline passengers either show proof of full vaccination against the coronavirus or a negative COVID-19 test before boarding a domestic flight.

The request was made in a letter, signed by more than 30 Democrats that was sent to Biden November 11.

If such a mandate is put into place, it may be many years before it is finally removed.

You would think that the Democrats would have figured out that the American people absolutely hate mandates by now. Their poll numbers just keep sinking, and if the midterm elections were held right now they would clearly lose control of Congress…

As things stand, if the midterm elections were today, 51% of registered voters say they’d support the Republican candidate in their congressional district, 41% say the Democrat. That’s the biggest lead for Republicans in the 110 ABC/Post polls that have asked this question since November 1981. Indeed, it’s only the second time the GOP has held a statistically significant advantage (the other was +7 points in January 2002) and the ninth time it’s held any numerical edge at all.

But I don’t expect the Democrats to back down.

It’s not in their nature.

I have said it before, and I will say it again. I think that the Democrats are creating the sort of political environment that could result in a new major third party rising before we get to the 2024 elections.

But for now, the Democrats are in control in Washington, and they have put us on a path that leads to national ruin.

All over the western world, there is a major push to discourage traditional forms of energy, and this is creating an unprecedented supply squeeze.

We desperately need to do a whole lot more drilling, but that isn’t going to happen.

So this new energy crisis is going to continue to escalate, and gasoline prices will eventually reach levels that were once completely unimaginable.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com. In addition to my new book I have written five other books that are available on Amazon.com including “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned) By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe. I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions. I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help. During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

This Is How They Intend To Get Us To “You Will Own Nothing And Be Happy”

November 14, 2021November 14, 2021 by Michael

The pieces of the puzzle may fit together in ways that you do not expect. For years, the global elite have been openly telling us that one day we will all own nothing, we will have no privacy, and we will be extremely happy with our new socialist utopia. But exactly how do they intend to transition to such a society? Are they going to come and take all of your stuff? Needless to say, there are millions upon millions of very angry people out there that aren’t just going to hand over their stuff to a bunch of socialists. So how are they going to overcome that obstacle?

Well, the truth is that they don’t need to take your stuff to implement their goals.

All they need to do is to destroy the value of your money.

If your money becomes worthless, you will start descending into poverty and it won’t be too long before you become totally dependent on the government.

And as the stuff that you have right now wears out, you won’t be able to replace it with the worthless money that you are now holding.

Eventually, you will own virtually nothing, but you probably won’t be very happy about it.

So high inflation is actually a tool that the global elite can use to further their goals.

The good news is that I do not believe that the global elite will ever be able to achieve their utopia.

The bad news is that they won’t be able to achieve their utopia because western society is going to completely and utterly collapse during the times that are ahead.

But for now, inflation is going to be one of the hottest political issues as we head into 2022. On Friday, Vice-President Kamala Harris acknowledged that higher prices are having a huge impact on American families…

“Prices have gone up and families and individuals are dealing with the realities of the bread costs more, the gas costs more, and have to understand what that means,” she said. “That’s about the cost of living going up. That’s about having to stress and stretch limited resources.”

Harris said that is a “source of stress for families” that is “not only economic, but is, on a daily level, something that is a heavy weight to carry.”

Of course her “solution” is to get Joe Biden’s agenda through Congress, and she knows that all of that spending will inevitably create even more inflation.

The socialists over at NBC News are trying to help the Biden administration by putting a positive spin on the inflation crisis. In fact, NBC’s Stephanie Ruhle is trying really hard to convince everyone that inflation is not a problem because we all have more money to spend these days.

But as I demonstrated last week, the truth is that inflation is rising much faster than our paychecks are, and that means that our standard of living is going down.

And inflation is one of the big reasons why the University of Michigan Consumer Sentiment Index just hit the lowest level since 2011…

At the same time, the University of Michigan Consumer Sentiment Index tumbled to 66.8 for November, according to a preliminary reading Friday. That was the lowest since November 2011 and well below the Dow Jones estimate of 72.5. October’s reading was 71.7, meaning that the November level represented a 6.8% drop.

If you are among those that think that things are bad now, just wait, because they will soon get even worse.

At this point, even Neel Kashkari is publicly admitting that inflation is going to continue to rise in the months ahead…

Minneapolis Fed Chair Neel Kashkari on Sunday said inflation in the U.S. will likely see “higher readings” before numbers taper off, as Americans grapple with rising prices nationwide.

“The math suggests we’re probably going to see somewhat higher readings over the next few months before they likely start to taper off,” Kashkari said during an appearance on CBS’s “Face the Nation.”

The Federal Reserve has lost control, and 2022 is going to be a very “interesting” year from an economic standpoint.

On Sunday, we learned that the average price of a gallon of gasoline in California has almost reached five dollars…

California gas prices hit an average of $4.676 Sunday, beating its previous record average price of $4.671 for regular gasoline set in October 2012, according to AAA.

Gasoline prices are going to continue to move higher, and that is really bad news.

Just about everything that we buy has to be transported, and so higher gasoline prices are going to fuel even more inflation.

Sadly, those that are on the bottom of the economic food chain are the ones that are being hurt the most. At this point, many food banks are really struggling to purchase enough food because price hikes have become so severe…

America’s largest food bank struggles to feed people amid a perfect storm of surging food prices and supply chain woes.

Katie Fitzgerald, COO of Feeding America, a nonprofit organization that operates more than 200 food banks across the country, told AP News that her network of food banks is already stretched thin due to the unprecedented demand spurred by the virus pandemic downturn in the economy last year. She warned that it has become more difficult for her organization to absorb food inflation, resulting in fewer families being fed this holiday season.

Used farm equipment is another area where inflation is hitting really hard.

According to one index, the price of used farm equipment was up 22 percent during the first nine months of 2021…

The index is up 22% in the first nine months of the year and poised to make its biggest gains yet in the fourth quarter, a boom that’s turning a normally quiet corner of the farming market into Exhibit A of the inflation surge coursing through the U.S. economy. The market has all the ingredients fueling inflation in industries like cars and TVs — soaring demand from cash-flush buyers, the semiconductor shortage, congested ports and rails — with the added irritant of the labor stoppage at the world’s largest farm-machine maker.

The match “is now lit,” Peterson says, “and it’s lit while there’s a John Deere strike.”

So many problems have converged all at once.

Some have used the term “a perfect storm” to describe what we are facing, and I think that is definitely quite appropriate.

If you are waiting for life to “get back to normal”, you are going to be waiting for a very long time. As MN Gordon has noted, pre-2020 prices are now gone forever…

Pre-2020 prices, much like pre-1965 prices, are gone forever. Deficits of $5.9 trillion over the 24 months ending September 30, 2021, and a Fed balance sheet expansion of nearly $5 trillion over the same period, have irrevocably damaged the entire pricing structure of the financial system and the economy.

Price inflation is on the move. Reality can no longer be covered up with Washington’s lies. We expect this episode of inflation will be one for the history books.

I wish that I had better news for you.

I really do.

But sooner or later, this is what socialist regimes always do.

They tell us to study hard, get a good job and work as hard as we can.

And then they give our money to people that haven’t done any of those things.

Eventually they run out of other people’s money, and so then they just start wildly creating more.

Unfortunately, every time that this has been tried throughout history it has always ended in disaster, and now it is our turn.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

They Have Lost Control, And Now The Dollar Is Going To Die

November 10, 2021November 10, 2021 by Michael

I think that they actually believed that they could get away with it. I think that they were actually convinced that they could create, borrow and spend trillions upon trillions of dollars without any serious long-term consequences. But they should have known better. The people running things are very highly “educated”, and after spending decades getting to their current positions they are supposed to be “experts” that we can trust with very difficult decisions. Unfortunately, the “experts” have put us on a path that leads to currency collapse and financial ruin.

All throughout history, there have been many governments that have given in to the temptation to create money at an exponential rate, and it has ended badly every single time.

So our leaders should have known better.

But it is just so tempting, because pumping out money like crazy always seems to work out just great at first. For example, when the Weimar Republic first started wildly creating money it created an economic boom, but we all know how that experiment turned out in the end.

This week, the mainstream media is full of talk about inflation, and many of the talking heads seem mystified that things have gotten so bad. But anyone with half a brain should have been able to see that this was coming. Just look at what has been happening to M2 since the start of the pandemic.

What we have been doing to the money supply is complete and utter lunacy, and this is inevitably going to kill the U.S. dollar eventually.

Next, I would like for you to take a look at how rapidly the Fed balance sheet has been rising. This is the sort of thing that you would expect to see in a banana republic.

I think that our leaders deceived themselves into thinking that they could get away with creating money so recklessly, but they haven’t.

Very painful inflation is here, and on Wednesday we learned that prices have been rising at the fastest pace in more than 30 years…

The consumer price index, which is a basket of products ranging from gasoline and health care to groceries and rents, rose 6.2% from a year ago, the most since December 1990. That compared with the 5.9% Dow Jones estimate.

On a monthly basis, the CPI increased 0.9% against the 0.6% estimate.

If inflation continues to rise at about 1 percent a month, it won’t be too long before we are well into double digits on a yearly basis.

Of course I don’t actually put too much faith in the inflation numbers that the government gives us, because the way inflation is calculated has been changed more than two dozen times since 1980.

And every time the definition of inflation has been changed, the goal has been to make inflation appear to be lower.

According to John Williams of shadowstats.com, if inflation was still calculated the way it was back in 1980, the official rate of inflation would be close to 15 percent right now.

This is a real national crisis, and it isn’t going away any time soon.

One of the factors that is driving up the overall rate of inflation is the price of gasoline. If you can believe it, the price of gas is almost 50 percent higher than it was last year at this time…

Gasoline prices last month shot up nearly 50% from the same month a year ago, putting them at levels last seen in 2014. Grocery prices climbed 5.4%, with pork prices up 14.1% from a year ago, the biggest increase since 1990.

Prices for new vehicles jumped 9.8% in October, the largest rise since 1975, while prices for furniture and bedding leapt by the most since 1951. Prices for tires and sports equipment rose by the most since the early 1980s.

Even Joe Biden is using the term “exceedingly high” to describe the current state of gasoline prices.

Other forms of energy are also becoming a lot more expensive…

The price of electricity in October increased 6.5% from the same month a year ago while consumer expenses paid to utilities for gas went up 28%, according to numbers released Wednesday by the U.S. Bureau of Labor Statistics. Fuel oil rose 59%, and costs for propane, kerosene and firewood jumped by about 35%, the data show.

It is going to cost you a lot more money to heat your home this winter.

I hope that you are prepared for that.

Speaking of homes, they continued to shoot up in price during the third quarter…

The median price of single-family existing homes rose in nearly all — 99% — of the 183 markets tracked by the National Association of Realtors in the third quarter, with double-digit price increases seen in 78% of the markets.

If our paychecks were rising fast enough to keep up with inflation, then at least our standard of living would remain the same.

But that isn’t happening, is it?

In fact, the Labor Department’s own numbers show that real average hourly earnings are going down…

The Labor Department reported Friday that average hourly earnings increased 0.4% in October, about in line with estimates. That was the good news.

However, the department reported Wednesday that top-line inflation for the month increased 0.9%, far more than what had been expected. That was the bad news – very bad news, in fact.

That’s because it meant that all told, real average hourly earnings when accounting for inflation, actually decreased 0.5% for the month.

What this means is that our standard of living is going down.

And it is going to keep going down.

In a desperate attempt to maintain the status quo, many Americans are taking on more debt than ever before…

American households are carrying record amounts of debt as home and auto prices surge, Covid infections continue to fall and people get out their credit cards again.

Between July and September, US household debt climbed to a new record of $15.24 trillion, the Federal Reserve Bank of New York said Tuesday.

How in the world did we allow ourselves to get 15 trillion dollars in debt?

Of course many would point out that the federal government is an even worse offender. Very shortly, the U.S. national debt will cross the 29 trillion dollar mark.

As our leaders in Washington continue to engage in the greatest debt binge in world history, the U.S. dollar will steadily lose value.

This is going to deeply affect everyone and everything in our society. For instance, just check out the pain that inflation is causing for one food bank in the San Francisco area…

In the prohibitively expensive San Francisco Bay Area, the Alameda County Community Food Bank in Oakland is spending an extra $60,000 a month on food. Combined with increased demand, it is now shelling out $1 million a month to distribute 4.5 million pounds (2 million kilograms) of food, said Michael Altfest, the Oakland food bank’s director of community engagement.

Pre-pandemic, it was spending a quarter of the money for 2.5 million pounds (1.2 million kilograms) of food.

I warned you way ahead of time that this was coming, and what we have experienced so far is just the beginning.

The “experts” running the Fed and our politicians in Washington aren’t going to suddenly reverse direction.

In fact, Congress just passed another gigantic spending bill that Joe Biden desperately wanted.

Our course has been set and there is no turning back.

Our destination is economic collapse, and life in America will never, ever be the same again.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

When It Comes To 2022, You Should Definitely Prepare For The Worst

November 9, 2021 by Michael

If you have a bad feeling about 2022, you are not alone. As we approach the new year, it seems like things are going wrong all around us. We are facing the most epic supply chain crisis in our history, inflation is out of control, vaccine mandates are killing careers and forcing people out of jobs all over the country, and America is the most deeply divided that I have ever seen in my entire lifetime. Meanwhile, another wave of the pandemic appears to be building, our hospitals are already packed with non-COVID patients, global hunger is on the rise, and a major war could erupt in the Middle East at literally any moment. Unfortunately, I am entirely convinced that many of the problems that we are currently dealing with will escalate to an entirely new level in 2022.

For example, if you think that inflation is bad now, just wait until you see what is coming. We just got more evidence that wholesale inflation numbers are absolutely soaring…

New wholesale inflation numbers from September are in and once again prove the rapid increase in prices for everyday items isn’t “transitory” as President Joe Biden has repeatedly claimed.

Wholesale prices rose by 8.6 percent compared to September 2020, matching the largest increase on record.

The days of relatively low inflation are gone for good. As wholesale inflation numbers continue to spike at a very alarming rate, it is inevitable that these cost increases will be passed along to consumers.

Bidenflation keeps on roaring.

For 8 months in a row, annual wholesale price increases have hit new record highs.

In October, it matched the record high set the month before, spiking 8.6% from a year ago. pic.twitter.com/DnpALnriaM

— Tommy Pigott (@TommyPigott) November 9, 2021

Unfortunately, some corporations have already announced price hikes that will go into effect in 2022.

For example, check out the increases that Kraft Heinz has planned for January 9th…

In a letter to a regional distributor to grocery stores obtained by CNN Business, Kraft Heinz said it plans to raise prices on hundreds of items beginning on January 9, including varieties of Jell-O gelatin and pudding, which will jump from anywhere between 7 percent and 16 percent, and Bagel Bites frozen snacks, which will see an increase of roughly 10 percent. Meanwhile, Cool Whip topping varieties will see an increase of 7 to 10 percent. The cost of EZ Mac will rise 3.5 percent, while a 7.25-ounce dish of Kraft Big Bowl Mac & Cheese will see a 20 percent price hike.

A 20 percent price hike for mac and cheese?

If you love mac and cheese, this would be a good time to start hoarding.

Meanwhile, the price of gasoline continues to rise very aggressively…

Gas prices soared to a seven-year high, reaching a nationwide average of $3.42 as of Tuesday, according to data from the American Automobile Association.

That’s 16 cents higher than a month ago, or $1.31 more than a year ago, and 80 cents more than in 2019, according to AAA.

I have been relentlessly warning that very painful inflation would come, and what we have experienced so far is just the beginning of a long national nightmare.

As I discussed earlier this week, our unprecedented supply chain crisis is one of the primary factors that is causing inflation to run so hot. In particular, the global shortage of computer chips has been significantly affecting levels of production in countless other industries, and now we are being told that this shortage will last “well into next year”…

The latest dose of reality was offered up by Infineon’s CEO, who said this week that the chip shortage would last “well into next year,” according to Bloomberg.

Infineon a German semiconductor manufacturer founded in 1999 that is one of the 10 largest semiconductor manufacturers in the world. Sales to the automotive industry make up about 40% of the company’s revenue.

CEO Reinhard Ploss made the comments at an auto conference this week, stating that the company wouldn’t be able to work off its order backlog until 2022.

Of course the CEO of Infineon was still trying to be optimistic when he made those comments.

In reality, there appears to be no end in sight for the chip shortage.

The supply chain crisis is also deeply affecting the distribution of food all over the planet, and that even includes food banks here in the United States…

The ripple effect of the supply chain crisis continues— now, it’s disrupting food banks.

“When there’s a shortage in supply chain, it makes it much more difficult for us to be able to provide our clients with food,” said Linda Hansen, the food bank director at Wellspring Interfaith Social Services.

I am so thankful for all of the wonderful food banks around the country that do such a great job of feeding so many needy people.

Unfortunately, their job is going to become increasingly difficult as our supply chain woes intensify.

And without a doubt, our supply chain woes will get a whole lot worse once the new OSHA mandate goes into effect. A ruling by the Firth Circuit has temporarily suspended the mandate as litigation moves forward, and that is good news. But eventually it is probably inevitable that the U.S. Supreme Court will be forced to take up this matter, and the U.S. Supreme Court has made bad decision after bad decision in recent years.

Meanwhile, the Biden administration is telling businesses to ignore the Fifth Circuit and to “move forward” with getting their workers vaccinated…

The White House on Monday said businesses should move forward with President Joe Biden’s vaccine and testing requirements for private businesses, despite a federal appeals court ordering a temporary halt to the rules.

“People should not wait,” White House Deputy Press Secretary Karine Jean-Pierre told reporters during a briefing. “They should continue to move forward and make sure they’re getting their workplace vaccinated.”

If the U.S. Supreme Court ultimately rules that Biden’s OSHA mandate is legal, it will be a death blow for our economy, and it will be a death blow for liberty and freedom in the United States.

So the stakes are incredibly high, and I do not have much faith in the U.S. Supreme Court at all.

But even if we want to totally disregard the OSHA mandate for now, 2022 is still shaping up to be a really nightmarish year.

Things are bad now, but they will soon get even worse.

I encourage you to prepare accordingly.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

Used Vehicle Prices Hyperinflate As Inflation Begins To Spiral Out Of Control All Over America

November 8, 2021 by Michael

It turns out that all of the “doom and gloomers” that were warning that we would eventually experience nightmarish inflation were right after all. In particular, vehicle prices have become exceedingly painful in recent months. Due to a crippling global shortage of computer chips, production of new vehicles is way down, and a lot of that demand has shifted into the used vehicle market. Over the past year, used vehicle prices have escalated at a pace that we have never seen before in our entire history, and things reached a crescendo during the month of October. If you can believe it, used vehicle prices increased by 9.2 percent last month…

The industry’s key index of used vehicle prices jumped another 9.2% over the span of just a month. That puts the index 38% higher than a year ago — compared to “just” 27% for the same stat in September.

If used vehicle prices rose by 9.2 percent for an entire year, that would be really bad.

For that to happen in just one month is simply breathtaking.

Overall, used vehicle prices are up a total of 38 percent over the past year, and they are now up a total of 59 percent since October 2019.

So if you purchased a new vehicle within the past couple of years, it may now be worth more than when it was brand new.

To fully appreciate the insanity that we are seeing in used vehicle prices, I would encourage you to check out this chart.

Used vehicle car prices going parabolic ( chart courtesy @wolfstreeet ) pic.twitter.com/XZZf56mBeq

— ritesh jain (@riteshmjn) November 9, 2021

If that isn’t “hyperinflation”, what would you call it?

I can’t imagine that used vehicle prices will continue to rise at an exponential pace like this, but “experts” have been saying the same thing for months and prices just continue to accelerate.

The funny thing is that used vehicle prices usually go down in October…

October typically sees above average vehicle depreciation and therefore used price declines. This October was the first October in the history of the Manheim Index data, which dates to 1997, to see a non-seasonally adjusted price increase in October.

Of course we are seeing very painful inflation in other sectors of the economy as well.

For example, some meat prices are up “about 40% from a year ago”…

Supermarkets say shoppers are buying more store-brand meat products and trading down from beef to less-expensive alternatives such as chicken or pork, after prices for products such as rib-eye climbed about 40% from a year ago, according to research firm IRI. Some consumers are replacing boneless chicken breast with cheaper bone-in chicken, retailers said.

As food prices continue to soar, eventually it will get to a point where big corporations are putting armed guards on food trucks in order to protect deliveries from being hijacked.

The worst supply chain crisis in American history is one of the primary reasons why prices are beginning to spiral out of control.

A couple days ago, Joe Biden attempted to explain why this is happening…

“It’s backed up because peoples supplies or materials that end up being on our kitchen table or in our in in our our fam, our our our life, guess what? There close those plants because they have COVID.”

What does that even mean?

As things get worse and worse, our leaders in Washington seem to have no answers and no solutions.

It is being projected that this will be a very cold winter in many areas of the country, and heating bills are expected to be way higher than ever before…

With consumers already dealing with the fastest price increases in decades, another unwelcome uptick is on the horizon: a widely expected increase in winter heating bills.

After plunging during the pandemic as the global economy slowed, energy prices have roared upward. Natural gas, used to heat almost half of U.S. households, has almost doubled in price since this time last year. The price of crude oil — which deeply affects the 10 percent of households that rely on heating oil and propane during the winter — has soared by similarly eye-popping levels.

When she was asked about this, this is how Energy Secretary Jennifer Granholm responded…

Americans should expect to pay higher prices to heat their homes this winter, Energy Secretary Jennifer Granholm said Sunday.

“Yeah, this is going to happen,” she told CNN’s Dana Bash. “It will be more expensive this year than last year.”

Things are so bad that they aren’t even trying to put spin on the ridiculously high energy prices any longer.

And heating costs are expected to go even higher in the months ahead as we get into the middle of the winter…

Last month, the Energy Information Administration (EIA) released a report warning that the cost of heating oil is expected to rise approximately 43% compared to last year to due to “higher expected fuel costs as well as more consumption of energy due to a colder winter.”

Meanwhile, the agency expects propane costs to rise by 54%, natural gas costs to rise by 30% and electricity costs to rise by 6%.

Needless to say, government projections almost always turn out to be way too optimistic.

Let’s just hope that the Biden administration’s reckless energy policies don’t result in widespread shortages this winter. One analyst that was interviewed by Fox News is actually warning that if things get bad enough we could actually see Americans “freezing in their homes”…

“I hope it doesn’t end like this, but where I see it going is unfortunately the same thing that happened in February in Texas: People freezing in their homes,” he said, adding, “Most of the time when it’s extremely cold or there’s a real bad polar vortex situation, typically it’s pretty cloudy and there’s not a lot of wind.”

Let us pray that things do not get that crazy in the months to come.

But without a doubt, this is going to be a difficult winter for millions upon millions of Americans.

During the early stages of 2022, we should expect more inflation, more supply chain problems and more economic chaos.

Decades of very foolish decisions are now starting to catch up with us in a major way, and nobody in Washington seems to have a plan that will pull us out of this mess.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

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