• White House press secretary Jen Psaki told reporters Thursday that the White House is “vigilant” in monitoring inflation signals but maintained that President Joe Biden’s infrastructure proposals will help reduce rising prices.

Source: washingtonexaminer.com


POLL: 88 Percent Believe Inflation Will Get Worse Under Biden 

  • Joe Biden has been president for barely six months and America already has an inflation problem.
  • According to a new poll, most Americans expect things to get even worse under Biden.
  • It’s hardly surprising.

The Washington Examiner reports:In a new Skynova survey

Gloom: 88% fear higher inflation under Biden, bacon up 8.4%, gas 45%

Virtually all people in the United States, 88%, believe inflation is here to stay and will soar more, continuing a troubling trend under President Joe Biden.

Source: thegatewaypundit.com

South African President Says Social Unrest Was “Planned”; Violence Recedes As Military Deployed 

  • South African President Cyril Ramaphosa said the riotous looting that transformed parts of the country into a warzone was planned, and his “government would not allow anarchy, mayhem” to continue as 25,000 troops have begun to deploy.
  • “It is quite clear that all these incidents of unrest and looting were instigated, there were people who planned it and coordinated it,” Ramaphosa said.
  • “We are going after them, we have identified a good number of them and, we will not allow anarchy and mayhem to just unfold in our country,” he told reporters while touring the KwaZulu-Natal province, more specifically, the port city Durban, one of the worst-hit areas by unrest. 
  • So far, the president’s plan is working. Calm is returning to Gauteng and KwaZulu-Natal provinces.
  • According to the “Unrest Map” via PolicyLab, unrest across Johannesburg and Durban has dramatically subsided in the last day, either because the military is being deployed or the rioters have run out of stores and warehouses to loot as thousands of businesses were destroyed in the weeklong mayhem.

  • If the president is right and the unrest was planned, the intentions of whoever organized the mass chaos had one objective: dismantle the country’s critical supply chains to create an economic collapse.

Source: zerohedge.com


Bank of International Settlements Chief Talks “Absolute Control”

  • The General Manager for the Bank of International Settlements – the central bank of central bankers – is planning for “absolute control” of the money we all spend.
  • Augustin Carstens recently gave a talk entitled “Cross Border Payment: A Vision for the Future” in which he outlined the problem as central planners see it, as well as their solution.
  • “We don’t know who’s using a $100 bill today and we don’t know who’s using a 1,000 peso bill today. The key difference with the CBDC is the central bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability, and also we will have the technology to enforce that.”
  • Carstens views CBDC, Central Bank Digital Currency, as a tool for eliminating privacy and for central bankers to force citizens to use currency exactly when, where, and how they are told.
  • Dozens of central banks around the world are working on CBDCs, including the Federal Reserve. The effort represents a major escalation in the War on Cash.
  • It is one thing to discourage people from using cash.
  •  CBs They will promise to be fair and protect people’s liberty. They will say the goal is to make central bank policy work better for everyone. They will also insist they are trying to protect society from criminals, tax cheats, money launderers, and terrorists.
  • The only question is whether the public will buy what central bankers are selling.

Source: moneymetals.com