Update - 01/14/2022
Wholesale Prices Jumped nearly 10% for 2021.
The fastest inflation rate ever, after the 7% CPI for 2021 was released. Inflation cooled some in December in the Wholesale Price Index, but the CPI has yet to catch up. Retail sales dropped 1.9% in December as consumers hold back spending.
"Excluding autos, sales fell 2.3%, a number that also fell well short of expectations for a 0.3% rise," per CNBC. Inflation is hitting sales.
Stats:
https://www.cnbc.com/2022/01/14/retail-sales-december-2021.html
https://www.cnbc.com/2022/01/13/wholesale-prices-up-0point2percent-in-december-less-than-expected-but-still-a-new-12-month-record.html
Inflation over the last year:
Gasoline up 56%
Heating oil up 42%
Used cars: 37.3%
Car rental: 36%
Natural gas up 31%
Hotels: 27.6%
Beef: 18.6%
Pork: 15.1%
Furniture: 13.8%
New cars: 12%
Chicken 10.4%
Fresh fish: 10.2%
Oranges: 9.9%
Jewelry: 8.8%
Dresses: 8%
List: https://citizenfreepress.com/breaking/jen-psaki-tomorrows-inflation-number-is-going-to-ugly/
I was watching Fox Business and they said, “Are we becoming the Weimar Republic?” Germany back in 1921 to 1923 experienced hyperinflation due to the government printing money to pay its war debt and workers. Much like in current Venezuela, inflation crippled the country and led to the rise of Adolf Hitler in the 1930s.
Well, inflation continues to climb in the United
States as we have increased the money supply approximately 356% since
before the pandemic began. But, unlike Germany’s war debt of $28
billion, the U.S. has $30 trillion in national debt and the Fed has
bought almost $10 trillion in government debt in record time saturating
the market with money. How is that any different from the Weimar
Republic? It really isn’t much different. It takes 2 years for
hyperinflation to begin. We are at about one year and one-half years
into our own spending binge.
December kept pushing Inflation Higher
“The
consumer price index climbed 7% in 2021, the largest 12-month gain
since June 1982, according to Labor Department data released Wednesday,”
said Bloomberg News. We’ll have to wait a couple of days to see what
the wholesale inflation rate was for December.
Stats: https://www.bloomberg.com/news/articles/2022-01-12/inflation-in-u-s-registers-biggest-annual-gain-since-1982
The
thing is: will the Federal Reserve act too harshly and cause more pain
with stark interest rate hikes? They have had the interest rate at near
zero for over 12 years, which has never happened in the history of
America.
Previous:
Wholesale prices measure rose 9.6% in November, the
fastest pace on record. The estimate was 9.2%. It has shocked economist
and Wall Street with many calling for interest rate hikes from the
Federal Reserve, who is meeting today and tomorrow to discuss the
economy. The Dow dropped 107 points, but the NASDAQ dropped 175 points.
Higher interest rates are bad for the tech sector.
Stats:
https://www.cnbc.com/2021/12/14/wholesale-prices-measure-rises-9point6percent-in-november-from-a-year-ago-the-fastest-pace-on-record.html
Another month and inflation rocketed up 6.8% in November on an annual basis, the highest since 1982. Like I’ve said before, the real number is twice that at 13.6% since the government has been playing with the numbers for decades to make sure the truth is shrouded in mystery. In October, it was 6.2%. “This also marked an eighteenth (18) straight month of advances in the index,” reported Yahoo News.
https://www.yahoo.com/finance/news/consumer-price-index-posts-biggest-year-over-year-jump-since-1982-in-november-134529314.html
In
1981, inflation was at 10.32%. But, like I said, the government has
been playing with the numbers for decades to make it look more
appeasing. At the height of the Great Recession, it was just 2-3% and in
2009 it was a negative (.36%).
In fact, the Bureau of Labor Statistics has 2021 at 7.39%.
https://www.in2013dollars.com/inflation-rate-in-1982
I posted this not long ago...
Stagflation Has Arrived
“And
when he had opened the third seal, I heard the third beast say, Come
and see. And I beheld, and lo a black horse; and he that sat on him had a
pair of balances in his hand. And I heard a voice in the midst of the
four beasts say, A measure of wheat for a penny, and three measures of
barley for a penny; and see thou hurt not the oil and the wine.” (Rev.
6:5-6) (KJV)
At the beginning of the Tribulation, food will be
expensive. In fact, it will take a days wages just to buy enough food to
barely survive. Not eat hardy, but barely survive. Back then, in Bible
days, a penny was a days wages. That is soon coming to this world. And,
by soon, I extremely soon. In the Bible, famine follows pestilence
(Covid-19 in our day and age). Starvation will be worldwide soon, very
soon. Cannibalism will be common during the Tribulation (God’s
Judgement).
Stagflation
In the 1970s, stagflation, low
economic growth and high inflation, led to gas lines, 20% mortgages,
economic malaise. It was a bad decade. But, in 2021, GDP growth dropped
to 2% in the month ending in October, and November is projected at 1.9%.
Inflation is through the roof if you’ve noticed car prices, food
prices, gas prices and soaring home values. Stagflation is setting in
quicker than anyone realized.
Inflation
In October 2021,
inflation sat at 6.2% annually. In reality, it is much higher, maybe
double that number. Since October 2019, rental car prices have soared
68%, used cars 58%, and new cars 12%. Meat has jumped 19%, cereal/backed
goods 7%, dairy 6%, and fruits and vegetables 6%. The Washington Post
noted those increases were seasonally adjusted. We all know they are
much higher in food. In one example, I saw bacon was $5.50 and it is now
$7.50, that’s a 36% jump. I paid $2.49 for premium gas before Biden
took office. The other day, I paid $3.80. That’s a 52% increase in 9
months!
Stats Source:
https://www.washingtonpost.com/business/2021/10/14/inflation-prices-supply-chain/
The
money supply has gone up 40% in 2020 alone. That's printing money. That
fuels inflation and eventually hyperinflation. On Fox Business, Stuart
Varney said the other day the money supply has gone up 336% since 2019.
No wonder prices are going up. And, please, note, it takes two years for
hyperinflation to begin. It starts slow like right now and suddenly
soars. We are at the 1.5 year mark.
Supply chain issues abound.
The other day, 111 cargo ships were sitting off California waiting to be
unloaded. Demand for goods has soared and there is a chip shortage,
aluminum shortage, lower crop yields, oil is soaring at the pump. Used
car prices have surged, real estate is red-hot due to the money supply,
it all makes for a perfect storm.
The Fed has kept interest rates
at virtually zero for over 10 years and that has resulted in a soaring
real estate market, the hottest real estate market in history. Yes, in
history. Investors have bought up whole developments in 2020-2021. The
average person can't compete with all cash offers. Rent, as a result, is
skyrocketing.
But, YOU can escape what is coming!
“Behold,
I come as a thief. Blessed is he that watcheth, and keepeth his
garments, lest he walk naked, and they see his shame.” (Rev. 16:15)
(KJV)
The Return of the King, the real King, is imminent. Right
now, Jesus is peaches and cream. But, when the Rapture happens, the
earth will tremble, the waves will roar and the trumpets will sound.
Last winter, I heard a lone trumpet in my spirit. I don’t know why. But,
it was one blow of a trumpet. I believe it was a warning of things to
come.
Now, YOU can go in the Rapture, too!
We are at the
end. That great getting up morning, called the Rapture, could happen at
any time. The world is ripe for the Tribulation and the Great
Tribulation. You don’t want to be here for God’s judgement and wrath
poured out on mankind.
You are God's prized possession and Satan
HATES YOU! Honestly, has Satan ever done anything for you? Really? Nope,
not one thing! Jesus, on the other hand, has paved the way for us with
complete and utter victory over everything, especially Satan and his
ilk. When Jesus died on the Cross, he took away the sin of the world. We
only have to repent and ask Jesus into our heart to be born again.
Do you know Jesus?
Well, it is easy to know him and experience his undying, unfathomable love and affection.
He came and died for you.
"For
God so loved the world that He gave His only begotten Son, that whoever
believes in Him should not perish but have everlasting life." (John
3:16) (KJV)
There is no greater love than Jesus.
"Greater love hath no man than this, that a man lay down his life for his friends." (John 15:13) (KJV)
Accept Him today if you don't know him.
Sinner's Prayer
"Dear
Lord Jesus, I know that I am a sinner, and I ask for Your forgiveness. I
believe You died for my sins and rose from the dead. I turn from my
sins and invite You to come into my heart and life. I want to trust and
follow You as my Lord and Savior."
Now, go and tell someone and welcome to His Kingdom.
The
Holy Spirit Baptism is a gift. Just pray, "God, I accept the Holy
Spirit as a gift and welcome Him into my being. Thank and praise you
Jesus for the Holy Spirit." In these dark times, you need the Holy
Spirit right after getting saved.
Amen and Hallelujah.
Pastrix Rachel Teresa
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