Lag is very problematic in lots of important things

 Nobody hears it at the exact same time even standing next to each other.

It is a very vexing problem in telephony and radio.

Lots of time and money have been spent on this problem.

Nothing is really happening in real time it's always behind even at the speed of light.

I actually have thought of this very thing it can be a very philosophical.

I think the comeback dude is wrong for the simple fact that exact changes the whole question not that she knew but it does.

Lag is a bad thing.

I will say that some of the inflation that is happening now is a lag from stimulus that happened while Trump was President.

You ask Uncle Milty how long it takes the effects of intervention to begin to work it's way thru economy.

The Joe Biden inflation is going to be bad but the spending Trump/Fed did during the Kung Flu is being overshadowed I think.

Not much you can do when congresscritters want to spend the money so he gets a semi pass from me on that.

All of his other shit I loved all of it.

If anybody deserved to send mean tweets it was President Trump the way he was treated was shameful in the extreme.

Anyways I had that pic for a reason I often think about lag in many different things it's not just measured in milliseconds it could be centuries.

That is all.

 

 

More lightspeed shit

 

That's not 4%.

Even I can do those numbers.

Numbers in the ether is what floats our boat these days.

We will regret this very much.

It doesn't even matter if the pic is a fake or not.

The real #s are much worse.

Only the straight 100% dope is done at BNN.

You're welcome.

I had another rant in my head for awhile.

I wonder if the Chamber of Commerce is against the Fed buying 120 billion in bonds every month?

That's what they admit to the real # is much higher. 

My guess is they will add to our balance sheet 4 trillion dollars from nowhere just on bond purchases.

This is what Jefferson warned against.

Ledgermain accounting.

The Fed is now the junkbond King of all Kings.

Boeing didn't take no bailout cuz they knew they could count on the Fed to buy bonds.

A lot of companies are doing big bond offerings if you haven't noticed.

I would be willing to bet this was agreed to by all parties.

Nothing you see is real or unrigged.

A flamethrower will have to be utilized to sterilize the ground where the house of cards is built when it falls down.

Maybe an eternal flame could be kept to preclude any more card houses.

That is all.

Life comes at you lightspeed nowadays

 

Nah that can't be it old timer inflation is cool

 What a kook!

Inflation is very transitory at this time.

This is very important shit you should watch.

I put the real inflation rate at this minute at north of 12%.

Soon to be a Falcon Heavy like rise.

Stay frosty comrades!

You can't depreciate an appreciating aset

 Or can you?

Quite the conundrum for CPAs going forward.

Used car/truck prices are up 16.7% this year alone.

I'm sure equipment values are tracking well with this number.

But being a gubmint thing this unfortunate situation can be deleted with a couple of strokes on a keyboard.

Doesn't fix the underlying problem.

They hardly ever do.

I believe we have reached the really really fast part in going bankrupt.

Enjoy the decline comrades.

Yup I need some milk for my contraband crunchberries

What you don't have the Captain in your preps?

It will be a very sad devolution if you don't.

Remember to eat your broccoli burgers though it'll mask the berries when you get your mandatory weekly anal swab and fecal sample.

Dr.Fucki says if we all eat the burgers religiously,wear masks in multiples of 5 and don't get uppity.

He will allow us to kiss his ass and revel in his gubmintal excellence.

I have a prediction that the Kung Flu vs Murica game will go into extra innings.

They quit selling beer two innings ago God help us..

That is all

The Greatest Depression evah will take care of that shit

 At record highs copper is the new oil

On the heels of record highs in Iron Ore and Steel earlier this week, as commodity demand soars on the back of economies emerging from COVID lockdowns (demand) and various supply chain/operational issues (supply); copper prices surged to an all-time high this morning as Chinese investors unleashed fresh demand following a five-day holiday.

I predict it will happen this year.

Counter intuitive economics never works.

When the Fed raises the interest rate will be the beginning.

The rate hike will have to happen the question is when and when does it stop.

Whispers about just this thing have been making the rounds making easy money worshipers very nervous. 

Janet Yellen outright said rates will have to rise and the worshipers had a fit.

So of course she walked it back.

It won't stop it though it's the only play they got.

But what do I know.

I'm never right.

We should look to the experts on these things.

Have they ever led us astray?

You ever wonder why gold isn't at record highs?

I don't they beat gold down like a red headed stepchild with the old re-hypothecation trick.

You can't re-hypothecate copper it gets used.

What will happen when everybody wants to trade paper gold for physical gold? 

Nothing good I'm sure of that.

“If the debt which the banking companies owe be a blessing to anybody, it is to themselves alone, who are realizing a solid interest of eight or ten per cent on it. As to the public, these companies have banished all our gold and silver medium, which, before their institution, we had without interest, which never could have perished in our hands, and would have been our salvation now in the hour of war; instead of which they have given us two hundred million of froth and bubble, on which we are to pay them heavy interest, until it shall vanish into air… We are warranted, then, in affirming that this parody on the principle of ‘a public debt being a public blessing,’ and its mutation into the blessing of private instead of public debts, is as ridiculous as the original principle itself. In both cases, the truth is, that capital may be produced by industry, and accumulated by economy; but jugglers only will propose to create it by legerdemain tricks with paper.” –Thomas Jefferson to John W. Eppes, 1813.

That is all.

Will the gubmints of SC and Montana give back their share

Molehills are easy.

You shouldn't have started it and encouraged people to fucking take it.

I remember the fucking commercials. 

Saving the economy and all that.

As far as I can tell 4.25 million claims for PUA.

My guess the numbers on PUA would fall in order as to their population relative to larger states.

So the numbers aren't really there at 6% unemployment.

Anyways I was always told 5% was "Full Employment"

Ending pandemic unemployment isn't really gonna move the needle now.

More back patting by politicians for ending a gubmint caused disaster.

Self inflicted wounds are the worst who told the employers to lockdown?

Who decided who was essential our not?

Is it the end of the world if some woke corporate franchisee can't find workers?

Did not some low skill fast food workers get new employment in one of the new paranoia related businesses that sprung up?

You know get an essential job?

I wonder how much coin they got from the feds for paying non-essential gubmint employees to stay home or unneeded PPE.

Will they repay the Treasury any monies received for the pandemic.

Will they forgo any future largesse for them and theirs.

Inquiring minds know the answer to that.

It never should have been started just like the stimmy checks.

I'm always right they are always wrong. 

It's almost as if the gubmint and I are at cross purposes.

Call me when these governor type motherfuckers outlaw the automatic withholding of federal taxes and forbid any levies against property or money for not paying federal taxes.

Other than that they are part of the problem.

I'll just be over here trying to insulate myself from the next gubmint caused disaster.

I looked and the SC gubmint is still doom and gloom about Kung Flu and to Montana's credit not so much.

What you didn't think I would check.

The many layers of fact checkers and editors at BNN would never let me publish a rant without actually doing the research.

I would never lead you wrong.

PS I wanna know where all those fucking ventilators are.

I betcha Hillary knows.

Should I get one or two gallons of milk

 

You never want to hear"Transitory Hyperflation Ahead"

But I did just hear that.

THA is a sexy new acronym hitting the financial sector.

When the money men says transitory it means permanent.

Remember when Quantitative Easing was "transitory".

Yeah not so much.

Welcome to Weimar America.

Good thing computers can hold shit tons of money.

No wheelbarrows needed in the fatherland.

Get ready for pain lots of it.

I predict a big move into physical gold by everybody in the know.

Poland has been buying a lot of gold and doing other commonsensical things.

Emigration there would not be good cuz almost every war in Europe goes right through there.

There's gonna be a war there eventually it's what Europeans do.

I think I'll just sit here and drink while enjoying the decline.

Spend em if you got em.

They lose value by the millisecond.

That is all.

 

 

The Fed is a malevolent creation

 If I had a time machine I would go back and kill JP Morgan.

You do know that big corporations have installed Presidents before and manipulated the money supply before right?

He basically said nice country you have there be a shame if something happened to it.

A real nice gig is printing money and then charging interest for this selfless act.

Federal Reserve will support JoeBama economic agenda by allowing rapid inflation

 The federal reserve has announced they will support the economic agenda of the Biden administration by allowing rapid inflation.  The FED is trying to provide cover for JoeBama’s economic plan.  The era when the FED could impact inflation is long past.  However, the Joe Biden policy impact will be clear, immediate and concise.  The U.S. middle-class and blue-collar worker are about to be crushed under rising prices for consumable products.

 

This is a feature not a bug.

Combined with a gubmint lashing out at citizens equals pain.

Lots of it.

You know the people in charge are supposed to be smart.

I dropped outta high school and can clearly see what is going to happen.

Well it helps when they tell you exactly what their plans are.

Commies always telegraph intentions and follow thru. 

I always beat this dead horse cuz I think it's important this man says so and he ain't ever wrong as far as I know.

 One of the great Americans.

Stunningly smart.

The cure for communism is facts is one of my favorites

Go watch em all!

Since this is a blog of "Science" I prove my thesis perfectly

A dozen eggs is a dozen eggs.

No way to shrinkflation eggs.

Most motherfuckers can count.

 Can you see where money was no longer gold.

I can.

Regular BNN veiwers already knew this

This will be for the uninitiated in hard hitting journalisming.

I've been beating this drum for 20 years.

Ever since those wars started.

Weird coincidence huh?

How Costco is masking a 14% price jump with shrinkflation 

The oldest trick in the retailer book is back.

We have previously written about shrinkflation - the "creative" masking of higher prices whereby retailers sell a materially lower amount of products for the 'same' price, covering up what is often a significant price increase on a "per unit" basis (see ""Shrinkflation" - How Food Companies Implement Massive Price Hikes Without You Ever Noticing", "Shrinkflation Hits The UK: Toblerone Shrinks By 10%, Price Stays The Same", Shrinkflation Intensifies – Stealth Inflation As Thousands of Food Products Shrink In Size, Not Price), and we have a feeling that in light of the recent surge in commodity costs and food prices, we will be writing about it a whole lot more in the coming weeks.

 

Back?It never went away.

Double digit inflation is the norm.

The Fed say it don't be like that.

But it do.

And that's the way it is folks.

Good day.

That is all.

I would bet anybody 100% is the answer

What are the chances for a 4th stimulus check

 

 Americans are wondering if President Joe Biden would bring up the idea of a fourth COVID relief stimulus check during his first address to Congress Wednesday. Searches for "Biden speech stimulus" and "Biden 4th stimulus" increased on Google during his speech.

Americans who made up to $75,000 in 2020 will get the maximum $1,400 check under the American Rescue Plan which was signed on March 11. Couples who file taxes jointly and made up to $150,000 will get $2,800. The amount received decreases to zero for individuals who made up to $80,000 and couples who earned $160,000. There's a $1,400 kicker for each dependent in the household.

The president brought up the subject of the American Rescue Plan during his address.

"We kept our commitment and we are sending $1,400 rescue checks to 85% of all American households. We’ve already sent more than 160 million checks out the door. It’s making a difference," Biden said, following it up with examples from a couple of Americans who said it helped them pay for much-needed things.

That goes for the 5th one too.

 I'm American and not once did I ever wonder about this.

Very strange???WTF

2022 ain't that far off some sweet stimulus loot will move the needle.

You can't just have a circus there must be bread.

You know it's not very smart to send helicopter money to Muricans if you are trying to get rid of guns.

Anecdotally I find this to be the case.

Guns or 4 wheelers are the vibe here.

I think I'll rent a backhoe with the next one.

Pretty soon the Fed will just bypass Congress and just helicopter you money whenever they feel like it.

They have floated that very idea recently supposedly to only be used if gubmint numbers on economic activity reach certain levels.

Basing anything on gubmint numbers is a very scary proposition.

I wish the gubmint would stop axing me to hold their beer and chill.

Smoke em if you got em!

 

Now do a trillion

 A trillion seconds is 31,790 years I googled it.

An unbelievable number in itself now we speak in multiple trillions.

It's crazy!

Nothing to see here move along peasants

Gold is the most manipulated commodity there is.

They will tell you all this is on supply side cuz of lockdowns etc.

That's how you know it's a lie.

It's always been lies

 

 Lasses my asses.

None of what you have ever seen is real.

Helicopter money caused this and the Fed has no brakes.

To quote a semi-famous economist "Enjoy the Decline".

My prediction is the gubmint gets overthrown on May 11 2035.

My first day getting Social Security.

That is unless they were lying to me bout that and I live through the coming "bad luck".

 

They have printed over 12 trillion dollars in the last year

 You read that right.

That is a number so large it boggles the mind.

So I expect another round of stimulus checks soon.

They thought they could just stop with those.

Oh how wrong they are.

I suspect there will be strings attached to these going forward such as vaccination/ voting records gun ownership etc etc etc.

You know your social score.

Just remember comrades if your score is low you can earn extra credits by eating the broccoli at the prescribed place and time.

Or an even easier way to bolster that score is "If you see something say something"

Something being your father/mother/brother/sister hoarding potatoes or some other contraband food items.

Better even if they ain't masked up.

That is all comrades. 

Meanwhile in Minneapolis

How many ones and zeros can you fit in a wheelbarrow?