Home Prices Just Did Something That They Have Never Done Before

Everyone knew that home prices were going crazy, and now we have some solid numbers that are simply incredible.  Home prices are rising faster than they ever have before, and so if you are shopping for a home in this environment I truly feel sorry for you.  In many parts of the country, average hard working American families have already been completely priced out of the market.  Prior to the pandemic, the largest price bubbles were in major urban areas along both coasts, but now desirable rural and suburban communities all over the nation are red hot.  In some cases, we have seen wild bidding wars that result in buyers paying more than a million dollars over asking price, and this unprecedented frenzy is pushing home prices to dizzying heights.

On Tuesday, the S&P CoreLogic Case-Shiller home price data for the month of April was released, and it quickly made headlines all across America

U.S. home prices jumped the most in more than 30 years in April.

Nationally, the S&P CoreLogic Case-Shiller index of property values climbed 14.6% from a year earlier, according to a statement Tuesday, the biggest gain in data going back to 1988. That came after 13.2% increase in March, and was the 11th straight month that price gains accelerated.

This particular series of data only goes back to 1988, and in all that time we have never seen a rise of this magnitude.

One expert that is being quoted by CNBC is calling the rise in prices “truly extraordinary”

“April’s performance was truly extraordinary. The 14.6% gain in the National Composite is literally the highest reading in more than 30 years of S&P CoreLogic Case-Shiller data,” said Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones Indices.

Redfin has also released new numbers, and their numbers show an even faster rate of increase for home prices…

… it makes sense that home prices are also surging thanks to trillions in stimmy checks, near-record low mortgage rates and an exodus away from cities, and as we noted two last month that’s precisely what they are doing, with Redfin reporting an 18% jump in median home sale prices to an all time high

… as a record 58% of all houses sell within two weeks of listing, of which 45% sell for more than their listing price, also a record.

But don’t worry about these numbers.  Officials at the Federal Reserve insist that inflation is “low” and that they have everything under control.

If you can’t afford to buy a home, you can still try to rent a place, but rent prices are also starting to explode in many areas around the country…

Leading the trend is Boise, ID, where rents grew another 6 percent in June and are now up 39 percent since the start of the pandemic. But the fastest single-month rent growth took place in Spokane, WA, where prices shot up 8.1 percent in June and sit 31 percent above pre-pandemic levels. After that, a handful of fast-growing cities have experienced roughly 20 percent price appreciation over the last year and a half. With the exception of Virginia Beach, VA, all of them are located in the Western United States, absorbing the rental demand overflowing from nearby, pricey metros like the San Francisco Bay Area and Greater Los Angeles.

Those that are having their rents jacked up will be just fine as long as their paychecks are increasing at the same rate.

Oh, but that isn’t happening for most people, is it?

Vehicle prices are getting crazy too.  According to the Wall Street Journal, some dealers are now selling new vehicles for “thousands of dollars” above the sticker price…

Some buyers say they have encountered dealerships asking for thousands of dollars above MSRP. And analysts and dealers say the practice is becoming more widespread and occurring on a wider range of vehicles, including more mainstream models that typically wouldn’t be targeted for such price increases.

In the old days, the goal was to negotiate a deal that was as far below sticker price as possible.

Unfortunately, these days many customers are willingly making offers that are much higher than the MSRP….

“I was shocked,” said Ken Baird, a 61-year-old Boca Raton, Fla., resident who was recently shopping for a Kia Telluride. The window sticker on the particular model he was looking at read $45,000, and he said he offered to pay $3,000 over that knowing the vehicle was in high demand.

Needless to say, food prices are getting very painful as well.

In fact, an official at one food bank in Chicago says that their food purchasing budget “has doubled” over the past 12 months…

Soaring food prices aren’t just impacting financially strapped families and the working poor. They’re also affecting the mission of US food banks who are spending a lot more on food than ever before.

“We’re already spending a lot more on food than we have in years past,” said Greg Trotter, a spokesman for the Greater Chicago Food Depository, a large food bank, who spoke with VOA News. “Our food purchasing budget has doubled this year.”

All of this has been caused by the actions of our leaders.  Our politicians in Washington decided to go on the greatest spending binge in history and the Fed decided to pump trillions of fresh dollars into the financial system in order to “save the economy”, and now we have rip-roaring inflation as a result.

In addition to very painful inflation, we are also now dealing with widespread shortages.  For example, as the holiday weekend approaches many locations around the nation are once again running out of gasoline

Gas stations across the country are running out of gasoline just as 43 million Americans are preparing to hit the road for the July 4th holiday weekend.

Those that do manage to find gas are likely to find some of the highest prices in almost seven years, with gas now averaging $3.10 a gallon across the US – the highest since October 2014.

The corporate media would have us believe that extremely high inflation and widespread shortages are signs that the U.S. economy is “booming”.

But to me, it sounds way too much like a rerun of the Jimmy Carter era of the 1970s.

Sadly, this is just the start of the pain.  The politicians in Washington continue to spend money like drunken sailors, and the Federal Reserve continues to pump more fresh cash into the financial system each week.

So the short-term outlook is quite bleak, and the long-term outlook is even worse.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” 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 “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet 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 BlogEnd 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 FacebookTwitter and Parler, 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.

They Are Gaslighting Us! Nightmarish Inflation Is Already Here But The Fed Is Denying That It Even Exists

They would like us to believe that what we can see happening right in front of our eyes is not actually real.  Over the past year, our politicians in Washington have gone on the largest spending binge in U.S. history by a very wide margin, and the Federal Reserve has created the most enormous financial bubble of all time by pumping trillions upon trillions of fresh dollars into the financial markets.  Of course this was going to cause very painful inflation, and prices are rising very aggressively all around us.  But Federal Reserve Chair Jerome Powell and other leaders in Washington are trying to convince us that even though they added all of this money to the system it has hardly affected the overall rate of inflation at all.  They are “gaslighting” us, and it is absolutely infuriating.

If you are not familiar with the term “gaslighting”, the following is how Wikipedia defines it…

Gaslighting is a form of psychological manipulation in which a person or a group covertly sows seeds of doubt in a targeted individual or group, making them question their own memory, perception, or judgement.

This is precisely what they are trying to do to all of us.  Everyone can see that nightmarish inflation is already here, but they are trying to manipulate us into thinking that it is not.

Just look at home prices.  Everyone needs a place to live, and existing home prices have risen 23.6 percent over the past year…

The median existing-home price rose 23.6% in May from a year earlier to $350,300, a record high, NAR said. The annual price appreciation was the strongest in data going back to 1999. Median sales prices have climbed sharply since rising above $300,000 for the first time last July.

At this point, homes are absolutely flying off the market.  In fact, the average time that a home stays on the market has hit a record low

Homes are selling quickly. The typical home that sold in May spent 17 days on the market, matching the record low reached in April, NAR said.

Buyers with limited cash for down payments are struggling the most to compete. Half of existing-home buyers in April who used mortgages put at least 20% down, according to a NAR survey.

But Federal Reserve Chair Jerome Powell insists that everything is just fine and that the Fed is perfectly capable of keeping inflation around 2 percent

“When Congress spends trillions of dollars and the Fed prints money, something’s got to give,” Rep. Mark Green (R., Tenn.) said. He asked Mr. Powell whether the price increases seen in recent months are “the start of something that could be as bad as the ‘70s,” when inflation reached double digits.

Mr. Powell said such a scenario is “very, very unlikely,” in part because the central bank “is strongly prepared to use its tools to keep us around 2% inflation.”

What an insane thing to say.

How can you claim that you are going to “keep us around 2% inflation” when inflation is already out of control?

As John Williams of shadowstats.com has documented, if honest numbers were being used the official rate of inflation would already be well into double digits.

Of course for certain categories we are now seeing triple digit inflation.  For instance, at one point in May the price of lumber was four times higher than it was at the same time last year

The price of lumber, which shot up to $1,600 per thousand board feet in May from $400 early last year, is making renovations more expensive – especially projects that involve kitchens cabinets, hardwood floors and additions that require framing.

But Powell just told Congress that he is not troubled by any of this

“If you look behind the headline and look at the categories where these prices are really going up, you’ll see that it tends to be areas that are directly affected by the reopening,” Mr. Powell said in a hearing before a House subcommittee. “That’s something that we’ll go through over a period. It will then be over. And it should not leave much of a mark on the ongoing inflation process.”

These days, Powell is definitely starting to sound a lot like Frank Drebin.

We are supposed to believe that nothing out of the ordinary is happening, but meanwhile the wholesale price of chicken wings has more than tripled

“The [wholesale] price of wings a year ago was as low as 98 cents,” per pound, Charlie Morrison, Chairman and CEO of Wingstop Restaurants Inc., told CNN Business. “Today, it’s at $3.22. So it’s a meaningful difference.”

Our leaders insist that this is perfectly normal.

Nothing to see here.

Please move along.

To me, one of the craziest examples of inflation in our economy is what is happening to used car prices.

At this point, some used vehicles are now selling for more than they sold for when they were brand new

When it was new, the window sticker price on a typical 2019 Toyota Tacoma SR double cab pickup was just under $29,000. Two years later, dealers are paying almost $1,000 more than that to buy the same vehicle, even though it’s used. Then they’re selling it to consumers for more than $33,000.

Welcome to the wacky world of U.S. car and truck sales, where the pandemic and a global shortage of computer chips have pushed prices to record levels.

I was absolutely floored when I first read that.

We have never seen anything happen like this before in all of U.S. history.

But Fed officials are going to continue to tell you that everything is just fine in the months ahead even as economic conditions continue to go haywire all around us.

I warned that extremely painful inflation was coming in my last book, and I will be warning about it again in the new book that I will soon be releasing.

Our leaders consciously made the decision to flood the system with new money in a desperate attempt “to save the economy”, and they should just be honest with us about the consequences of that decision.

But instead, they are just going to keep trying to spin the truth for as long as they can.

Unfortunately for them, the clock is ticking, and time is not on their side.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” 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 “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet 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 BlogEnd 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 FacebookTwitter and Parler, 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.

We Should Be Shocked By What Inflation Is Doing To Home Prices, Because We Have Never Seen This Before

If you are shopping for a home right now, I really do feel sorry for you.  Home prices in many areas of the country have officially crossed the line into “absurd” territory, and they just keep going higher.  Thanks to wild spending by the federal government and the economic malpractice that has been happening at the Federal Reserve, we now have way too many dollars chasing way too few goods and services.  Inflation is showing up in every sector of our economy, but it is not showing up equally in all sectors.  One area where inflation threatens to spiral completely out of control is in home prices.  Right now we are seeing the wildest bidding wars in U.S. history, and in many, many cases buyers end up paying way over listing price.

Let me give you an example of what I am talking about.  When a fairly ordinary three bedroom home in Berkeley, California was recently listed for more than a million dollars, the real estate agent that listed the property was absolutely stunned by what happened next

A three bedroom, mid-century home on a cul-de-sac in Berkeley, California, with an expansive view of the San Francisco Bay was nearly a one-of-a-kind property, said Jill Carrigan, an agent with The Grubb Company who listed it this spring.

“It ticked all the boxes for a lot of people,” she said. “I’ve never had a property with 29 offers and buyers were upping their offers without us even countering. The Bay Area is always competitive, but this was something I’d never seen before.”

This wasn’t a property that was particularly special.  You can see a photo of it right here.  In my opinion, there is no way in the world that such a house should ever sell for a million dollars.

Of course it didn’t sell for a million dollars.

When the dust finally settled, it sold for 2.3 million dollars

Listed at $1.15 million, the home sold in two weeks for $2.3 million in cash, double the asking price.

You might think that such extreme bidding wars are rare, but they aren’t.

In fact, CNN is reporting that 940 U.S. homes sold for more than half a million dollars above listing price in March, and 310 U.S. homes sold for more than a million dollars above listing price in that month alone.

That is just one month!

Now that our leaders have turned the U.S. dollar into “wheelbarrow money”, this is the sort of thing that is going to happen.

In this sort of an environment, a “fixer upper” in Colorado Springs that was completely trashed by a former tenant can sell for $590,000

A ‘formerly majestic’ Colorado Springs home left in ruin and covered in graffiti by an angry former tenant has gone on the market for $590,000.

Listed as an ‘investor special’ on Zillow, the 3,598 square-foot home is advertised as a fixer upper after it was destroyed by the prior tenant who covered the walls with spray-painted messages including ‘evict me b***h’ and left a pile of rotten meet in a freezer.

As long as this frenzy continues, I am going to recommend that young couples look to rent instead of buy, but rents are going up rapidly too.  This week we learned that rental prices just increased at the fastest pace in 15 years during the month of April…

Single-family rents were up 5.3% year over year in April, rising from a 2.4% increase in April 2020, according to CoreLogic. That is the largest gain in nearly 15 years.

Rents for single-family detached homes (not townhomes), were up an even stronger 7.9% compared with a year ago, as millennials in particular seek more outdoor space. Nearly half of millennials surveyed by Corelogic, and 64% of baby boomers, said they, “strongly prefer” to live in a single, stand-alone home.

Yes, the U.S. has wrestled with inflation at various times in the past, but what we are witnessing here in 2021 is completely insane.

Just look at what is happening in the restaurant industry.  In upstate New York, the cost of chicken wings has gone up 99 percent and the cost of fryer oil has gone up more than 120 percent so far in 2021.

How are you supposed to run a profitable restaurant with prices spiking like that?

Since the beginning of the pandemic, our leaders have pumped trillions and trillions of fresh dollars into the system, and all of that money is creating a tremendous amount of inflationary pressure.  At this point, things have already gotten so crazy that pieces of “artwork” that Hunter Biden has created are selling for up to $500,000

President Biden’s son, Hunter Biden, has taken a turn into artistry and the first paintings he’s selling are going for as high as $500,000.

The first son’s first foray into the art world has seen his pieces picked up by art dealer Georges Berges, who has priced the younger Biden’s artwork between $75,000 and $500,000 depending on the size and scope of the collage artwork.

Now that Hunter Biden is trying to go clean and sober, I suppose that he has to try to make a living somehow.

But are there people that will actually be willing to pay half a million dollars for a piece of his “art”?

I find that hard to believe, but of course I find a lot of things hard to believe these days.

On Wednesday, the Federal Reserve finally took a few very small steps in the direction of acknowledging the crisis that we are facing…

As expected, the policymaking Federal Open Market Committee unanimously left its benchmark short-term borrowing rate anchored near zero. But officials indicated that rate hikes could come as soon as 2023, after saying in March that it saw no increases until at least 2024. The so-called dot plot of individual member expectations pointed to two hikes in 2023.

Though the Fed raised its headline inflation expectation to 3.4%, a full percentage point higher than the March projection, the post-meeting statement continued to say that inflation pressures are “transitory.” The raised expectations come amid the biggest rise in consumer prices in about 13 years.

Of course those moves by the Fed won’t actually do anything to get the “inflation monster” that they have created under control.

As long as our politicians in Washington continue their wildest spending binge ever, and as long as the Fed continues to pump more money into the financial system, the “inflation monster” will continue to grow.

So if you are looking to buy a home, there might not be any relief for the foreseeable future.

We are going down the same road that the Weimar Republic once did, but our leaders keep insisting that somehow we will get a much different result.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” 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 “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet 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 BlogEnd 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 FacebookTwitter and Parler, 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.

Inflation Is Starting To Get Really Crazy – And It Is Worse Than You Think

Inflation is making headlines all over the country, but the mainstream media is not being honest about the true severity of the crisis.  We are being told that the official rate of inflation is still in single digits, but what we aren’t being told is that the way inflation is calculated has changed dramatically over the years.  In fact, according to Forbes “the government has changed the way it calculates inflation more than 20 times” over the past 30 years.  The rate of inflation directly affects so many other things in our system, and the government would like to keep that number as low as possible.  So they tinkered and tinkered with the formula until they got it just where they wanted it.

But even with the highly modified formula that they are now using, the rate of inflation still rose at the fastest pace in almost 13 years last month…

The consumer price index, which represents a basket including food, energy, groceries, housing costs and sales across a spectrum of goods, rose 5% from a year earlier. Economists surveyed by Dow Jones had been expecting a gain of 4.7%.

The reading represented the biggest CPI gain since the 5.3% increase in August 2008, just before the financial crisis sent the U.S. spiraling into the worst recession since the Great Depression.

We all remember what happened in the months following August 2008.

Hopefully we will not have a repeat of that.

Of course the truth is that consumer prices are not just rising at a 5 percent rate in the United States right now.

According to John Williams of shadowstats.com, if the rate of inflation was still calculated the way that it was back in 1990, it would be above 8 percent right now.

And if the rate of inflation was still calculated the way that it was back in 1980, it would currently be sitting at about 13 percent.

But 5 percent inflation sure sounds a whole lot better than 13 percent, doesn’t it?

One thing that I am keeping a very close eye on is food inflation.  Earlier today, I came across a story from one CBS affiliate in which they used the term “sticker shock” to describe what consumers are now experiencing at the grocery store…

You may have noticed a significant jump in prices at the grocery store.

More and more grocery shoppers are experiencing sticker shock every day. The price of food — especially meat, fruit and vegetables — is going up.

If prices were increasing at just a 5 percent annual rate, that wouldn’t be a big deal.

Sadly, the reality is much worse than that, and that is especially true for meat prices.  According to one deli owner, the true rate of inflation for meat prices is “probably closer” to 20 or 30 percent…

Jeff Cohen, a deli owner and meat wholesaler, said those factors are making the price of meat out of control.

“They said on national news it’s 10 percent. But that’s not true. it’s probably closer 20, 30 percent,” Cohen said.

We will continue to get a lot of happy talk from the Biden administration and from the Federal Reserve, but this is becoming a real national crisis.

When CBS News interviewed one shopper in Maryland, she said that she is now spending about twice as much on groceries as she did before…

Abby Walter said she started noticing her grocery bill creeping up earlier this year. Prior to January, the Maryland resident had typically spent about $75 a week on groceries. Now her bill is averaging about $150 or even more.

I still remember when I could get an entire shopping cart of food for just 25 dollars.

Now if I can get an entire cart of food for less than 200 dollars, I consider that to be a monumental achievement.

I try really hard to take advantage of sales and make every dollar stretch as far as I can.  But these days some of the sale prices are higher than the old regular prices.

As global commodity prices have exploded higher in recent months, companies have been forced to pass those increases along to consumers, but they are attempting to use language that will not cause widespread alarm…

If you ask Pampers maker Procter & Gamble Co., it’s not raising prices, it’s “taking pricing.” Rival Unilever, known for Dove soap and Axe body spray, says it’s been “very active with pricing.” The prize for creativity — so far at least — has been home-improvement retailer Lowe’s Cos., whose finance chief told investors Wednesday that it was “elevating our pricing ecosystem.”

What in the world is a “pricing ecosystem”?

I would love to have a representative from Lowe’s define that for me.

Executives from General Mills are also using language that borders on the absurd

Then there’s cereal maker General Mills Inc., whose jargon includes arcane phrases like “strategic revenue management” and “holistic margin management,” which is not language you’d ever find on the back of a box of Lucky Charms. The company uses those terms so often, in fact, that its CEO now just refers to them by the acronyms SRM and HMM.

Why can’t they just say that they are “raising prices”?

These days, I cringe whenever I go down the cereal aisle.  It is hard for me to believe that cereal prices are so high now, but I know that they will eventually get a whole lot higher.

We have way too many dollars chasing way too few goods and services, and instead of taking emergency measures to get inflation under control our leaders seem intent on making things even worse.

The Biden administration wanted to spend 2 trillion dollars on infrastructure, but a group of U.S. Senators is currently working on a “compromise deal” that would only provide 1.2 trillion dollars in new infrastructure spending.

This is on top of the trillions upon trillions of dollars that we have already borrowed and spent during this crisis.

We can’t do this anymore.

It is complete and utter insanity.

But our politicians in Washington don’t seem to care.  They are going to continue to borrow and spend giant mountains of money that we do not have, and the Federal Reserve is going to continue to shovel enormous gobs of cash into the financial system.

So more inflation is on the way, and the standard of living for most Americans is going to continue to go down.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” 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 “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet 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 BlogEnd 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 FacebookTwitter and Parler, 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.

5 Signs That America’s Raging Inflation Crisis Is Accelerating

The pace at which conditions are changing is catching a lot of people off guard.  Here in the United States, we have been in a low inflation environment for most of the past four decades, and so many Americans don’t even have a frame of reference for what a highly inflationary environment looks like.  But now we are facing an inflation crisis that is unlike anything that we have seen since the Jimmy Carter era in the 1970s.  In response to the COVID pandemic, governments around the world have been borrowing and spending colossal mountains of money, and global central banks have been absolutely flooding their respective financial systems with new cash.  These measures were taken to stimulate the worldwide economy, but in the process a horrific inflation monster has been created, and it will not be tamed easily.  In fact, national governments and global central banks continue to do the very same things that created the horrific inflation monster in the first place.

Moving forward, things look very bleak.  The following are 5 signs that America’s raging inflation crisis is accelerating…

#1 Inflation tends to hit those at the bottom of the economic food chain the hardest, but at this point even most millionaires say that they are “concerned about inflation”

This is a major worry for most wealthy investors, according to CNBC’s latest millionaire survey. As many as 65% of millionaires are concerned about inflation caused by recent government spending, according to the report. Of those, 34% said they were very concerned.

The survey, conducted online in April and May by Spectrum Group on CNBC’s behalf, had 750 respondents with investable assets of $1 million or more.

#2 The biggest banks in the world are now sounding the alarm about the inflation crisis.  This week, a team of analysts from Deutsche Bank warned that “neglecting inflation leaves global economies sitting on a time bomb”

We worry that inflation will make a comeback. Few still remember how our societies and economies were threatened by high inflation 50 years ago. The most basic laws of economics, the ones that have stood the test of time over a millennium, have not been suspended. An explosive growth in debt financed largely by central banks is likely to lead to higher inflation. We worry that the painful lessons of an inflationary past are being ignored by central bankers, either because they really believe that this time is different, or they have bought into a new paradigm that low interest rates are here to stay, or they are protecting their institutions by not trying to hold back a political steam roller. Whatever the reason, we expect inflationary pressures to re-emerge as the Fed continues with its policy of patience and its stated belief that current pressures are largely transitory. It may take a year longer until 2023 but inflation will re-emerge. And while it is admirable that this patience is due to the fact that the Fed’s priorities are shifting towards social goals, neglecting inflation leaves global economies sitting on a time bomb.

#3 Housing prices continue to soar into the stratosphere in the United States.  These days, investment funds, wealthy individuals and foreigners are all gobbling up homes in anticipation of making huge profits, and this is making things extremely difficult for ordinary home buyers.  Earlier, I found the following message from one exasperated home shopper on a popular discussion forum

It’s crazy. Soon as it hits the market tons of offers.

Mostly Investors and flippers.

Real estate Agent’s telling me things like.

“We’ve got Rich guys as far out as Hawaii buying houses sight unseen. They’ll even buy them in bulk. Anything from dumps to mansions.’

We’ve got Chinese snatching up properties, Bill Gates, Businesses, and like I said flippers. It’s Impossible!

Auction sites along with gov seized properties are flooded with the same types.

Can not compete you’ll be outbid by thousands upon thousand of dollars way above market value.

Any tricks or strategies to buy a house? Anything that may not have all the greedy bastards swarming over them?

A family seriously needing to actually live in a place seems completely s.o.l

It’s not just my area that’s hot right now its everywhere.

Please if anyone has good advice would be appreciated. Thanks

#4 Used car prices have now officially entered “absurd” territory.  This week, we learned that the Used Vehicle Value Index has shot up by 26 percent so far in 2021…

Prices of used vehicles sold at auctions around the US in May spiked by 4.6% from April, by 26% year-to-date, and by 45% from April 2019, according to the Used Vehicle Value Index released today by Manheim, the largest auto auction operator in the US and a unit of Cox Automotive.

I used to recommend buying used vehicles to people because I thought that most of the time you could get a better value, but at this point I am reversing my recommendation.

In this environment, I would strongly encourage everyone to consider buying new vehicles because used vehicles have become so ridiculously expensive.

#5 Food prices continue to surge higher, and I continue to see reports of intermittent shortages around the nation.

Down in Florida, Papa Bee’s Owner Lorie Hamm says that only a limited number of cases of chicken wings are being made available to restaurants in her area, and she also says that the price for such cases has nearly doubled since the start of 2021…

“There’s 300 cases that are allocated for two counties I believe, they were gone in two minutes,” Hamm said.

At the beginning of the year, a case of wings sold for $70-90 a case. Now they are about $150 a case.

When you begin to wildly create new money, this is what happens.  Prices go haywire and shortages tend to occur.

Unfortunately, our leaders don’t seem to have even a basic understanding of the laws of economics, and the pain that we have experienced so far is just the tip of the iceberg.

If they were smart, global authorities would be taking emergency measures to get inflation under control before it is too late.

Of course that is not happening.  Instead, they just continue to feed the monster.

This crisis is going to go from bad to worse, and you should prepare accordingly.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” 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 “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet 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 BlogEnd 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 FacebookTwitter and Parler, 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.

Yikes! Corn Prices Are Up Roughly 50% In 2021 As Americans Brace For Years Of Horrific Food Inflation

It sure didn’t take long for the Joe Biden era to start resembling the Jimmy Carter era.  Prices are going up so fast that even the mainstream media can’t stop talking about it.  This has already become a major national crisis, and it should be exceedingly obvious to everyone that it is only going to get worse.  The Biden administration wants to borrow and spend trillions more dollars on top of all the absurd spending that has already happened, and the Federal Reserve is going to continue to pump gigantic piles of fresh cash into the financial system.  Collectively, our leaders are literally committing economic malpractice, and if most Americans truly understood what was going on they would be out in the streets protesting against it.

Already, a lot of people out there are becoming extremely alarmed that their food bills are so high.  One of the things that is driving this is the price of corn.  Most Americans don’t eat a lot of canned corn or corn on the cob, but corn has become a key ingredient in literally thousands of other products in our grocery stores.  If you doubt this, just wander through a grocery store some time and look for products with these ingredients

  • Corn flour, cornmeal. corn gluten, cornflakes, etc.
  • Cornstarch, also listed on labels as starch or vegetable starch
  • Corn oil
  • Corn syrup or high fructose corn syrup
  • Dextrins
  • Maltodextrins
  • Dextrose
  • Fructose or crystalline fructose
  • Hydrol, treacle
  • Ethanol
  • Free fatty acids
  • Maize
  • Zein
  • Sorbitol

When you know what to look for, pretty soon you start realizing that corn is in the majority of our processed foods.  They put it in bread, they put it in soda, they put it in baby formula, and food manufacturers are constantly coming up with new ways to stick it into even more products.

Needless to say, this is absolutely horrible for our health, but that is a topic for another article.

In this article, the point I am trying to make is that the price of corn is going to affect the price of most of the things that the average American buys at the grocery store, and at this point the price of corn is up “roughly 50%” so far in 2021…

America’s biggest cash crop has rarely been more expensive. Corn prices have risen roughly 50% in 2021 and a bushel costs more than twice what it did a year ago.

Corn has been one of the sharpest risers in the broad rally in raw materials that is prompting companies to boost prices for goods and fueling concern among investors that inflation could hobble the post-pandemic economic recovery.

Here in the United States, most Americans will be able to absorb the price increases that are coming, but in other parts of the globe a price shift of this magnitude could mean that millions of families will no longer have enough money to buy the food they need.

Of course it isn’t just the price of corn that is going crazy.  As that same Wall Street Journal article noted, we are seeing wild inflation in many areas of the U.S. economy right now…

Lumber prices have shot to more than four times what is typical, pushing up home prices and obliterating renovation budgets. Copper, a cog of industry found throughout the home and in electronics, hit record prices Friday. Crude oil hasn’t cost so much since 2018 and soybeans are trading at their loftiest level since 2012.

Day after day, inflation is making headlines, and this is going to cause a lot of fear.  As a result, hordes of people will be rushing out to their local retail stores “to stock up”, and this will do a couple of things.

First of all, it will make inflation even worse.  When demand rises relative to supply, that pushes prices in an upward direction, and that is just basic economics.

Secondly, it will intensify our ongoing shortages.  As I detailed the other day, the shortages that we are experiencing now are worse than anything that we went through in 2020, and there will be more shortages in the months ahead.

And as if we weren’t already facing enough problems, one of the most important fuel pipelines in the U.S. was just shut down by a very sophisticated ransomware attack

One of the largest US fuel pipelines remained largely paralyzed Monday after a ransomware cyberattack forced the temporary shutdown of all operations late last week — an incident that laid bare vulnerabilities in the country’s aging energy infrastructure.

The victim of the attack, Colonial Pipeline is a company that transports more than 100 million gallons of gasoline and other fuel daily from Houston to the New York Harbor.

It is very interesting to note that some in the mainstream media are trying to link this attack to Russia.  Whether that is true or not, we all know where all of this is eventually heading.

These are such troubled times, but most Americans still don’t realize what we are facing.

Sending out big government checks made everyone feel good for a little while, but it came at a great cost.  Creating trillions of dollars out of thin air is absolutely destroying the value of our currency, and once the U.S. dollar is dead there will be no going back.

To me, we just hit a milestone that is extremely telling.  If you can believe it, the total value of all cryptocurrencies is now greater than the value of all U.S. currency currently in circulation

Cryptocurrency has hit a significant milestone: It’s now worth more than all US dollars currently in circulation.

Cryptocurrencies hit a valuation of $2 trillion on April 29, according to The Wall Street Journal. That’s about the same valuation as all US dollars in circulation. However, it has since hit as high as $2.25 trillion — and in the process actually exceeding dollars in circulation.

This is utter madness!

But this is what can happen when the Federal Reserve electronically pumps trillions upon trillions of new dollars into the financial system.

An inflationary collapse is in the process of unfolding right in front of our eyes, and I am certainly not the only one loudly warning about this.  Earlier today, I came across a piece that was authored by Dr. Don Boys

I am yelling fire because fire is raging. Mixing metaphors, the storm is not coming; it’s already here. America’s financial house of cards will fall, taking other nations with her. Thoughtful Conservatives must inform people of imminent danger because families will be disrupted, businesses will fail, couples will be divorced, and children will suffer immeasurably.

The economy has faltered, is failing, and will fall.

I see no way out of the coming collapse. Sometimes politicians make such a mess of things that there is no way to correct or solve the mess. It’s almost like being in a small boat on a raging sea, unsure how far you are from the coast you left and the distance to where you hope to dock. You keep going hoping to stay afloat; however, our “boat” is overwhelmed with accelerating debt.

For years we have been marching toward this sort of a disaster, but now that march has evolved into a full-on sprint.

Everything that the “economic alarmists” have been warning about is starting to happen, but this is just the beginning.

Much worse is still to come, and the fall of the U.S. economy is going to absolutely shock the entire globe.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” 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 “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet 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 BlogEnd 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 FacebookTwitter and Parler, 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.

Why Is The Mainstream Media Suddenly Freaking Out About The Horrifying Inflation That Is Ahead Of Us?

Have you noticed that the corporate media has suddenly become obsessed with rising prices over the past week or so?  Day after day, mainstream news outlets are barraging us with stories about inflation, and even CNN is occasionally taking a break from bashing Republicans to cover this.  Earlier today, I was directed to a CNN article entitled “Prices are rising everywhere you look”, and I decided to read it.  Surprisingly, this was one CNN article that would actually pass an impartial fact check.  We really are seeing very painful inflation throughout the entire economy, and this is causing many to recall the days of “stagflation” under Jimmy Carter in the 1970s.

But the corporate media doesn’t exactly have a long track record of being straight with us.

So why are they seemingly being honest with us in this case?

Is it that this crisis has now become so obvious that nobody can deny it any longer, or is there another agenda at work?

I wish that I had an answer to that question.  If you go to Google News and type “inflation” into the search bar, you will get page after page after page of recent articles about rising prices.  To me, food inflation is one of the greatest concerns because it hits average American families particularly hard.  And at this point, even the price of apples is rising quite dramatically

Costs for apples are up 10% to 20% depending on the variety, said Mike Ferguson, vice president of produce and floral at Topco Associates LLC, an Elk Grove Village, Ill.-based cooperative of more than 40 food companies including grocer Wegmans Food Markets Inc. Bananas and leafy greens are more expensive too, Topco said, while vegetable oils and oil-heavy products like salad dressing and mayonnaise are also getting pricier in part because of higher ingredient prices.

“Our overall goal is to cover cost increases,” said Jon Moeller, operating chief at Procter & Gamble Co. Procter & Gamble is raising prices on baby products, adult diapers and feminine-care brands.

For a while, some food producers tried to swallow the cost increases that they were experiencing, but that could only go on for so long.

Now many of those cost increases are being passed on to consumers, and the CEO of Kellogg is admitting that he hasn’t seen this sort of inflation “in many, many years”

Kellogg Co., maker of Frosted Flakes, Cheez-Its and Pringles, said Thursday that higher costs for ingredients, labor and shipping are pushing it and other food makers to raise prices. “We haven’t seen this type of inflation in many, many years,” Chief Executive Officer Steve Cahillane said.

But at least food prices are not going up as fast as used vehicle prices have been rising.  The following comes from Wolf Richter

This has been going on for months: Used-vehicle prices spiking from jaw-dropper to jaw-dropper, and just when I thought prices couldn’t possibly spike further, they do.

Prices of used vehicles that were sold at auctions around the US in April spiked by 8.3% from March, by 20% year-to-date, by 54% from April 2020, and by 40% from April 2019, according to the Used Vehicle Value Index released today by Manheim, the largest auto auction operator in the US and a unit of Cox Automotive.

A 54 percent increase in 12 months?

That is insane.

And the Fed still has the gall to insist that inflation has been “low”.

I have written quite a few articles about how home prices have been soaring into the stratosphere, and now rents are escalating rapidly as well.

In fact, one of the largest landlords in America just raised rents on vacant properties by 11 percent

On Thursday, American Homes 4 Rent, which owns 54,000 houses, increased rents 11% on vacant properties in April, the company reported in a statement

All throughout the economy we see prices going up by double digits.

But Fed officials insist that these price increases are just “transitory” and are not any sort of a permanent problem.

We are also being told that all of the shortages that have emerged in the past couple of months are “temporary” too.  Some of these shortages are starting to become quite painful, and that is particularly true for the global shortage of computer chips that we are currently experiencing…

In the market for a new car, smartphone or washing machine this year? A global shortage of computer chips could mean you have to wait a while — and pay more.

A growing number of manufacturers around the world are having trouble securing supplies of semiconductors, delaying the production and delivery of goods and threatening to push up the prices paid by consumers.

Just think of all the products that you own that contain computer chips.

It isn’t a short list.

As a society, we have become extremely dependent on computer chips, and CNN is admitting that this shortage “is likely to last through 2021”

The shortage is going from bad to worse, spreading from cars to consumer electronics. With the bulk of chip production concentrated in a handful of suppliers, analysts warn that the crunch is likely to last through 2021.

This shortage is having a dramatic impact up and down various supply chains, and that is going to be the case for the foreseeable future.

At the Sogefi manufacturing facility in West Virginia, the computer chip shortage is just one of the shortages that is causing massive headaches right now

Whenever the Sogefi plant here runs out of resin or computer chips or cardboard boxes or wooden pallets or really anything at all, it’s Randy Simpkins’s problem. And whenever one of Sogefi’s customers howls about a late shipment, that’s Simpkins’s problem, too.

These days, Simpkins has plenty of problems.

Our economy is not functioning very smoothly at all, and that isn’t going to change any time soon.

But on Friday we were supposed to get some good economic news.

The U.S. economy was supposed to have added about a million jobs in April, but instead we learned that it only added 266,000

Employers added a disappointing 266,000 jobs in April even as the number of new COVID-19 cases stayed low, more states lifted constraints and vaccinations accelerated.

The gains fell well short of projections in a recovery that’s expected to gather force through the summer, with a million or more jobs added each month.

This is supposed to be “the recovery”, but the unemployment rate actually went up last month.

Ouch.

Let us hope for a better number next month, because there are millions upon millions of Americans that still need to get back to work.

This little “bubble of hope” is about as good as things are going to get for the U.S. economy, and it is just a matter of time before the economy heads into more dark days.

We have literally mortgaged our future to give our economy a temporary short-term boost, and after trillions of dollars in spending the economic numbers are still incredibly anemic.

Yet again, this is another major wake up call, but most people out there seem quite content to continue snoozing.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” 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 “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet 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 BlogEnd 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 FacebookTwitter and Parler, 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.

If We Are Experiencing Severe Shortages Now, How Bad Will Things Get When The Economy Starts Tanking Again?

Inflation and shortages are the two big stories for the U.S. economy this week.  In recent days I have done multiple articles about inflation, and so today I want to focus on the widespread shortages that we are currently witnessing.  At this moment, the U.S. economy is experiencing more shortages than it did at any point during 2020.  I know that statement sounds quite outlandish, but it is true.  During the early stages of the pandemic, there were temporary shortages of toilet paper, hand sanitizer and other items, but now there are severe shortages throughout many sectors of the economy, and quite a few of those shortages will not be so temporary.

On Thursday, Business Insider published a list of some of the most serious shortages that we are going through at the moment…

-Computer chips
-Used cars and rental cars
-Gas
-Plastics and palm oil
-Truckers and rideshare drivers
-Homes and vacation houses
-Lumber
-Household products like toilet paper and tampons
-Furniture
-Chicken
-Bacon and hot dogs
-Imported foods like cheese, coffee, and olive oil
-Chlorine
-Corn

That is quite a list!

The COVID pandemic suppressed output for many industries for an extended period of time, and meanwhile our “leaders” have been pumping trillions and trillions of fresh dollars into the system.

So now we have way too many dollars chasing way too few goods and services, and this is causing tremendous inflation and very painful shortages.

Just look at what is happening to the steel industry.  Changes in supply and demand have pushed up the price of steel to “nearly triple the 20-year average”

After bottoming out around $460 last year, US benchmark hot-rolled coil steel prices are now sitting at around $1,500 a ton, a record high that is nearly triple the 20-year average.

Steel stocks are on fire. US Steel (X), which crashed to a record low last March amid bankruptcy fears, has skyrocketed 200% in just 12 months. Nucor (NUE) has spiked 76% this year alone.

Much more importantly for the average American, there are now chicken shortages all over the country, and prices have soared into the stratosphere

After a year promoting takeout wings and crispy chicken sandwiches, restaurants including KFC, Wingstop Inc. and Buffalo Wild Wings Inc. say they are paying steep prices for scarce poultry. Some are running out of or limiting sales of tenders, filets and wings, cutting into some of their most reliable sales.

Independent eateries and bars have gone weeks without wings, owners say. Chicken breast prices have more than doubled since the beginning of the year, and wing prices have hit records, according to market-research firm Urner Barry.

“Weeks without wings?”

Oh the humanity!

If we don’t get this crisis under control soon, the U.S. may not be able to set yet another all-time record for obesity in 2021.

Propane tanks and chlorine tablets are also in short supply.  As a result, many Americans may not be able to enjoy their grills and their pools as they normally do this summer

A nationwide shortage of pool products is making chlorine tablets and propane tanks hard to come by and increasing prices right as the summer months approach.

“In this heat, if you don’t take care of your pool properly algae will start growing,” said David Sarafyan, a pool supply store employee. “Your pool will pretty much become a swamp.”

Hopefully at least some of these shortages will start to disappear in the weeks ahead.

But if we are seeing this many shortages during a “recovery”, what in the world is our economy going to look like when things start getting really bad again?

This should be a wake up call for all of us, because things are going to start getting really bad again a lot sooner than many people think.

But for now, Americans are swimming in cash thanks to the trillions and trillions of dollars that have been showered on them.

All of that money has to go somewhere, and unfortunately it is going into some of the most ridiculous things imaginable.

My regular readers already know how I feel about Dogecoin.  It is not a “currency” by any stretch of the imagination.  I have been tempted to call it a “collectible”, but normally a “collectible” is something that you can hold in your hands.

At least speculators were chasing something real during “Tulip mania” in 1636 and 1637.  Dogecoin is just a bunch of digital ones and zeros.

Dogecoin does not have any innate value whatsoever, but thanks to Elon Musk and a bunch of Reddit fanboys, the price of Dogecoin is up more than 100 percent this week alone.

For the year, it is up more than 14,000 percent

That means an investor who paid in $1,000 on January 1 would now have around $120,000.

This year alone it has soared over 14,000%, from $0.00468 on December 31, taking it past more widely used cryptocurrencies such as the Tether stablecoin and XRP to become the fourth-largest by market capitalization.

Yesterday I wrote about something that makes me want to vomit, but now I think that I have found something that may make me want to vomit even more.

If you can believe it, Dogecoin now has a market capitalization that is greater than Moderna, Ford Motor Company or Twitter

A market capitalization of $78 billion puts Dogecoin, founded in 2013, ahead of other more well established brands and companies including Sherwin-Williams which is valued at $75.8 billion; Dell Technologies, value $75 billion; Moderna, value $63.1 billion; Ford Motor Company, valued $45.2 billion; and Twitter, value $42.1 billion.

The mascot from Pets.com eventually came to symbolize the collapse of the dotcom bubble, and I think that the stupid dog on the Dogecoin logo should symbolize this current financial bubble when it finally implodes.

Tomorrow, more keyboard commandos will pour their stimulus checks into Dogecoin hoping to get rich quick.

Those that invested early and get out in time will make a killing.  But anyone that does not get out in time is going to take a major bath.

Of course the exact same thing could be said for our financial markets as a whole.  Everyone knows that a crash is inevitable, and when it happens it will be the greatest loss of paper wealth in all of U.S. history.

But for now, speculators look like geniuses, and happy days are here again on Wall Street.

Enjoy it while it lasts, because it is just a matter of time before the bubble bursts, and then the pain will begin.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” 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 “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet 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 BlogEnd 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 FacebookTwitter and Parler, 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.