https://www.podbean.com/ew/pb-6cv75-1365884
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
From the article…’Lisa Marie Presley, the only child of rock ‘n’ roll legend Elvis Presley, has died following a sudden cardiac arrest. The fully jabbed singer/songerwriter was 54.’…
https://newspunch.com/lisa-marie-presley-dead-after-sudden-cardiac-arrest/
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
By Stan Szymanski
Yesterday the Labor Department reported that the Consumer Price Index (CPI) for the month of December 2022 came in at an annualized rate of 6.5%.
Financial pundits from all over the land lauded the ‘fact’ that inflation has been slowing for 6 straight months and actually fell 0.1% last month.
What a bunch of horse hockey. The number that you see regarding the CPI is a very manipulated number. Manipulated to manage the expectations of the public IMHO as a psychological operation on the country.
According to a report yesterday by CBS News (with reporting by The Associated Press):
…’Another positive sign for the Fed's efforts to quell inflation is that Americans overall expect price increases to decline over the next few years. That is important because so-called "inflation expectations" can be self-fulfilling: If people expect prices to keep rising sharply, they will typically take steps, like demanding higher pay, that can perpetuate high inflation.’…
Of course the CBS article offered no support for their claim that Americans actually expect prices to decline over the next few years. This is a financial world example of propaganda. They just say it enough times through enough media outlets to influence the thinking of the populace. No matter how many attractive news anchors tell you this story it does not necessarily make it true.
How do we know if the numbers that the new world order news machine are close to reality or just a fairy tale? We need to look at a professional source of information that does not have an ax to grind about what the numbers are. A he or she that just reports what the numbers are.
One such source is Martin Armstrong at Armstrong Economics. In his recent blog post ‘Inflation & the Tricks of the Trade’ Mr. Armstrong asserts:
…’Our inflation models came in at 32% for 2022. This does not include things like paper clips to bring down the entire average. This number is the basic core inflation that consists of food, energy, and transportation.’… and goes on to say …’The more things you throw in, the lower the inflation rate.’…’The more you include, the lower the inflation rate. The object is to reduce government spending which is indexed to the CPI.’…
Mr. Armstrong has hit upon why the powers that be bother to engage in managing expectations and delivering a report on inflation that has almost no basis in reality. IMHO, it is because the CPI that is reported has a direct bearing on the payout of government programs.
Government programs like: Medicare, Medicaid, Social Security, SSI, Unemployment (in 33 states) and the SNAP program (formerly known as ‘food stamps’). Just how far does the government go to achieve the …’The more things you throw in, the lower the inflation rate’…that Mr. Armstrong speaks of?
In found my homework, I found ‘Inflation-Indexing Elements in Federal Entitlement Programs‘.
…’BLS (U.S. Bureau of Labor Statistics) publishes the CPI-W (Urban Wage Earners and Clerical Workers) and the CPI-U (Consumer Price Index for All Urban Consumers), whose month-to-month fluctuations reflect changes in the prices faced by consumers. More specifically, the change in the indexes is the average change in the retail price of a market basket composed of more than 80,000 items purchased by consumers at outlets (e.g., grocery stores and gasoline stations) in 87 urban areas across the nation.’…
So while Martin Armstrong make sure that he doesn’t count things like paper clips to influence his measure of inflation, the BLS counts over 80,000 items in their calculation of inflation! Did you buy paper clips or scuba gear last month? Me either. Why count the things that people rarely, if ever buy?
In his calculation of inflation that impacts the average American according to Martin Armstrong, inflation was up 32% in 2022 consisting mainly of food, energy, and transportation. In the CPI that came out yesterday, the Labor Department told you a fable that the inflation you are currently experiencing is 6.5%. The Labor Department used the millstone of the measurement of over 80,000 items to squash the authenticity of Armstrongs’ 32% inflation down to a ‘palatable’ 6.5% year over year inflation rate to brainwash you into thinking that things are not as bad as a level headed person knows that it is if they just look at the facts.
In ‘Larger SSI, Social Security Payments On The Way’ it is touted that regarding Social Security and SSI (Supplemental Security Income) payments will increase thusly:
…’With the new year, benefits are up 8.7%, according to the Social Security Administration. That’s the biggest increase since 1981.’…
An increase of 8.7% in what they are receiving probably sounds great to most people. Unfortunately, it sounds good only against a sounding board of propagandists that tell you to your face that inflation is only 6.5% when in reality is is virtually five times higher (32%)!
Since the government is the one who has to pay out the money of the entitlement programs, it is in their interest to keep any price increases to a minimum, if they can help it. Since all the major entitlement programs are tied to the CPI it is imperative that the ‘ministry of truth’ only tell you the story they want you to hear.
If the Party (oops! I mean the BLS, No! I mean the Labor Department, Oh! I mean the Federal Reserve…) actually told the people the truth, they would have a revolt on their hands. When the prices that truly impact the average person increases at four times the rate of the increase in their entitlement, there is no way the average household that depends on that stipend can keep up.
Just looking at two of the entitlement programs, there are roughly 70 million Social Security recipients and 41 million SNAP benefit recipients. Even if 1/4 of the Social Security recipients also receive SNAP, that is just about one third of the population of the U.S. That is a lot of people that the storytellers in Washington have to tell a bedtime story to to make sure that they go to sleep. The ‘Authoritative Aesop’ has to make sure that they don’t wake up to the fact that they are really being robbed by inflation and their paymaster is shorting them on the supposed increase in their paycheck.
Of course, the average hardworking American as well is being mind controlled into thinking that inflation is only 6.5%. If Jolene and Joe Six Pack believe that inflation is 6.5% then they wouldn’t dare ask for a 32% raise just so they wouldn’t fall behind now would they? That would seem ludicrous!
The reports from the Labor Department that run across our news headlines are manipulated works of fiction that I imagine, Steven King would be proud of. These imaginary works are spun to placate the masses in the same way that the Romans used ‘bread and circus’ to pacify the hoi polloi of their empire. In modern day America, this debasement of life through the manipulation of monetary valuations is an important street sign to identify that this previously sovereign union is at the end of the road.
———-
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All rights reserved.
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://www.podbean.com/ew/pb-h9tsr-136017d
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
Why are we posting a story like this on EA? Because the coming war will affect caregivers and the affected more than one can imagine. If you are a caregiver please consider making long term provision (food, water, shelter, energy, medical and more) for those in your charge. Once things really kick off you may not get a second chance. This is not personal advice. For informational purposes only.
https://www.armstrongeconomics.com/international-news/russia/russian-black-fleet-heads-to-sea/
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://www.podbean.com/ew/pb-drq9t-135ef53
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://www.podbean.com/ew/pb-insz7-135d428
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://www.podbean.com/ew/pb-4u7y9-135b5e6
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://kingworldnews.com/greyerz-the-disastrous-path-for-the-world-is-now-full-blown-collapse/
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://m.youtube.com/watch?v=ERvURcpg3JE
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
By Stan Szymanski
A little less than 2 months ago I wrote an article entitled ‘Genesis Trading: Give Us at Least $1 Billion or We are Looking at Bankruptcy ’. Genesis had $175 million tied up in a FTX trading account. Then the parent of Genesis, DCG, gave the company an infusion of $140 million. Consequently two weeks later Bloomberg reported:
…’Genesis has spent the past several days seeking at least $1 billion in fresh capital, said the people, who asked not to be identified because discussions are private. That included talks over a potential investment from crypto exchange Binance, they said, but funding so far has failed to materialize.’…
And this is all after …’The crypto firm's lending arm, Genesis Global Capital, froze customer withdrawals in November, citing "unprecedented market dislocation" following the collapse of major crypto exchange FTX.’… (Reuters)
When a financial institution halts the ability of its customers to withdraw their assets it is either caused by malinvestment or a ‘run’ on the institution (think the Bedford Falls S & L in ‘It’s a Wonderful Life’).
Yesterday, Genesis laid off 30% of its staff and is reported to be considering bankruptcy.
Now, Silvergate Capital Corp, a leading cryptocurrency bank, has also fallen on its sword as reported during the last 48 hours:
…’The FTX collapse sparked a run on one of the crypto market’s top banks, Silvergate Capital Corp., forcing it to sell assets at a steep loss to cover some $8.1 billion in withdrawals
…’Crypto-related deposits plunged 68% in the fourth quarter, the bank said in an early release of some quarterly results. To satisfy the withdrawals, Silvergate liquidated debt it was holding on its balance sheet. The $718 million it lost selling the debt far exceeds the bank’s total profit since at least 2013.’…
A plunge of 68% in crypto related deposits would be safe to call a bank run.
On Thursday in a vote of no confidence, Fund Manager Kathy Wood of ARK Fintech Innovation ETF (ARKF.P) sold more than 400,000 shares of Silvergate. It’s always good to close the barn doors after the horses have bolted…(sarcasm off)
This type of blow to Silvergate will have profound repercussions and shock waves in the cryptocurrency markets and as we saw with Kathy Wood’s massive sale of her Silvergate shares, in the stock market as well. Silvergate has business ties to FTX, Coinbase, Paxos, Crypto.com, Gemini, Kracken, Bitstamp and Circle. IMHO, the potential ‘ripple’ effect in the capital markets looks exponential.
With all the hoopla about crypto in the past 10 years it is interesting to note that the actual success of it is actually limited and quite narrow.
According to ‘A Visual Analysis of 10 Years of Dead Crypto Coins’ by Ian Wright at CoinKickoff…’91% of coins established in 2014 eventually died due to low trade volume or abandonment’…
That mostly leaves one with the big names in the space that have survived such as: Bitcoin, Etherium, Litecoin and Tether. I have previously written that ‘Cryptocurrency Tether is Not a Stable ‘StableCoin’ and Will Collapse Crypto’. In doing my homework on the article you are reading, I found a gem of a supportive discourse.
In ‘Tether Manipulation Pushed Up Bitcoin’s Price, Researchers Find’(2018), ‘purchases with Tether are timed following market downturns and result in sizable increases in bitcoin prices’. So that means that there is ‘a clear link between the printing of new tether tokens and bitcoin's price increases following bear runs’.
"By mapping the blockchains of bitcoin and tether, we are able to establish that entities associated with the Bitfinex exchange use tether to purchase bitcoin when prices are falling. Such price supporting activities are successful, as Bitcoin prices rise following the periods of intervention. These effects are present only after negative returns and periods following the printing of tether."… and goes on to say …’the two (researchers) notably discovered that it does not take a large amount of tether to prop bitcoin's price - "even less than 1 percent of extreme exchange of tether for bitcoin has substantial aggregate price effects," the study said.’…’The algorithms the two developed were able to "cluster groups of related bitcoin wallets," according to the study. This allowed the researchers to map how tether was distributed, and how it impacted bitcoin prices. The study explains that "tether is created, moved to Bitfinex, and then slowly moved out to other crypto-exchanges, mainly Poloniex and Bittrex."…(Tether Manipulation Pushed Up Bitcoin’s Price, Researchers Find)
So according to this research work, much of the ‘resiliency’ and success of the biggest of Cryptocurrencies is due to manipulation of its coin price through the specific use of Tether as a trading pair (as opposed to some other ‘stable coin’ or cryptocurrency).
In my work, Cryptocurrency Tether is Not a Stable ‘StableCoin’ and Will Collapse Crypto, I detail the house of cards that, in my humble opinion, Tether is. If Tether is a house of cards and it is a known medium used to manipulate and support the price of Bitcoin as we see in Tether Manipulation Pushed Up Bitcoin’s Price, Researchers Find, then what can we surmise? When we see the collapses in Silverbank, Genesis Trading and FTX what hypothesis can we draw? In my estimation, the crypto marketplace is built on an erratic, capricious and precarious premise that a unit of account that cost them nothing to produce can be touted as a currency and all the while a small apparatchik of crypto exchanges and coin issuers have the ability to manipulate the markets. Deceit, hoax and graft do not for a stable market make. And an unstable market can lead to crisis.
How many traditional banks have exposure to this issue? Could this issue be what brought together FDIC regulators in November 2022 to discuss that the next time that financial institutions start to fail that there will not be a ‘bail out’ (financial assistance from the government) but a ‘bail-in’ (the taking of customer deposits to satisfy other creditors of the bank/institution)?
By and large, cryptocurrency investors have gotten their clocks cleaned with their speculations over the last year or so. Firms like Genesis Trading stopped allowing redemptions-the liquidity of their operations dried up. When the contagion of the Cryptocurrency ecosystem fully manifests and spreads into the banking system, at issue, IMHO, will be the liquidity of the entire financial system. Just like in the Cyprus banking crisis, the ability of people to get to their hard earned money will be seriously impeded. A banking crisis brought on by the few to affect the many.
The Biden administration has proposed a new digital currency for the United States. A financial emergency that brings out all the feelings of fear, insecurity and monetary loss would be tailor made to foster the willing acceptance of a new, experimental Central Bank Digital Currency (CBDC). Like its private crypto predecessors, the new CBDC will also be a creation of the few to affect the many. Some might say to control the many.
What can you consider in the advent of this situation (this is not financial advice or advice of any kind)? Procure now-food, water (and a way to purify, collect and store), shelter (preferably outside a city), energy and protection. If you have the wherewithal after all that you might consider precious metals. A few good places to get information are Steve Quayle, Bill Holter (bholter@hotmail.com) and GoldSilver.com just to name a few. Do your due diligence; again this is not financial advice.
Ask God to help guide you during these tumultuous times.
———-
If you appreciate this article can you consider a gift to Encouraging Angels for the intelligence we provided today? Click this link to give. We need the support. Links to this article are encouraged. Reproductions of this writing are only allowed by written permission of the author.
All rights reserved.
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://podcasts.apple.com/us/podcast/hagmann-report/id631558915?i=1000592760814
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://www.podbean.com/ew/pb-gd9d3-1355869
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
The more items you include, the lower the inflation number gets. The government benefits many ways if they can report ‘officially’ lower inflation. Economist Martin Armstrong’s 2022 number for inflation: 32%. The recent government number: just above 7%. Please read the article linked below.
If you or a loved one receive government assistance you would most likely be getting a much higher cost of living adjustment if they were accounting for things in a more forthright manner like Mr. Armstrong. As it is, you will have to make due with less…
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
Why am I posting this on EA? Because as Mr. Armstrong points out, the draft will come to America for this war-up until at least age 45. Who will be left to care for the disabled, the special needs and the MR community?
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://www.podbean.com/ew/pb-i3qhx-1354b34
tan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://www.podbean.com/ew/pb-m249e-135305d
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://newspunch.com/japan-launches-official-investigation-into-millions-of-covid-vaccine-deaths/
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://www.podbean.com/ew/pb-qcrhx-13517be
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
All Rights Reserved.
Encouraging Angels is a tax-exempt 501(c)(3) organization that promotes Disability and Speical Needs awareness as well as delivering music services to those affected.
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