Two-Hour Grand Solar Minimum Roundtable Featuring David DuByne of Adapt 2030, Christian from Ice Age Farmer and Diamond of the Oppenheimer Ranch Project (Video)

“By failing to prepare, you are preparing to fail.”
– Benjamin Franklin

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Anita Bailey PhD Interview – Part 1 – Cold Times: Preparing For The Mini Ice-Age (Video)

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Philippines Changes Inflation Calculation After CPI Shows Overheating Economy

Philippines Changes Inflation Calculation After CPI Shows Overheating Economy:

Just as the Philippines latest CPI print showed a rapidly overheating economy – which would force the central bank to intervene and engage in an unpopular rate hike – the country had a radical solution: change how CPI is calculated.

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Steven Mnuchin’s Most Bizarre Claim Yet: “There Is No Link Between Rising Wages And Inflation”

Steven Mnuchin: Former Goldman partner, friend of George Soros and Skull & Bones member .

Mnuchin’s Most Bizarre Claim Yet: “There Is No Link Between Rising Wages And Inflation”:

Treasury Secretary Steven Mnuchin has a degree from one of the most prestigious universities in the world (Harvard grads may dispute this); He was the CIO of Goldman Sachs; He launched a successful hedge fund; He is now Treasury Secretary. Yet he appears to barely grasp basic economic concepts (not to mention his apparent fondness for fake math).

Last night, Mnuchin transparently tried to sooth markets by telling a crowd of reporters who accompanied him to the US Mint in Philadelphia that investors shouldn’t worry about rising inflation and Treasury yields – even with the 10-year yield so close to crossing into the “danger zone” above 3%.

Quoted by Bloomberg, Mnuchin swatted away the suggestion that investors are worried about rising prices, even as the average hourly wage number for January soared the most since 2009, triggering this month’s “volocaust”.  Why? Because in Mnuchin’s mind, wage inflation and rising consumer prices have only a tenuous link – if that.

“There are a lot of ways to have the economy grow,” Mnuchin said in an interview aboard a train to Philadelphia on Thursday, where he toured the U.S. Mint. “You can have wage inflation and not necessarily have inflation concerns in general.”

If that’s true – it’s certainly news to us. And judging by the tone of these dismayed Jeffrey Gundlach tweets, we’re not alone.

Read moreSteven Mnuchin’s Most Bizarre Claim Yet: “There Is No Link Between Rising Wages And Inflation”

Visualizing Real Inflation – A Decade Of Grocery Prices For 30 Common Items

Visualizing Real Inflation – A Decade Of Grocery Prices For 30 Common Items:

Over the span of 2000-2016, the amount of money spent on food by the average American household increased from $5,158 to $7,203, which is a 39.6% increase in spending..

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Bill Blain: “Stop Worrying About The Yield Curve, Something Much Worse Is Around The Corner”

As predicted.

Irlmaier predicted in around 1950 the migrant influx, followed by high inflation, then hyperinflation and much worse coming…

The Prophecies Of Alois Irlmaier – The Roadmap To WW3 – The 3 Days Of Darkness (Worse Than WW3)

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Blain: “Stop Worrying About The Yield Curve, Something Much Worse Is Around The Corner”:

From Blain’s Morning Porridge, Submitted by Bill Blain of Mint Partners

Stop worrying about the US yield curve – its a distortion. Something much worse is around the corner….

Read moreBill Blain: “Stop Worrying About The Yield Curve, Something Much Worse Is Around The Corner”

UK inflation hits five-year high of 3% as food prices rise

The squeeze on households intensified last month as the cost of living increased at the steepest rate since April 2012.

Inflation rose to 3% in September, its highest level in more than five years, the Office for National Statistics (ONS) said.

The Consumer Prices Index (CPI) measure of inflation rose from 2.9% in August thanks partly to higher food prices – adding to the squeeze on households as pay growth lags behind.

Read moreUK inflation hits five-year high of 3% as food prices rise