How to Think about Inflation. Inflation Part 1 of 3
There are a lot of people using the current inflation crisis to sell their own false narratives. Take a minute to understand the problem and the driving forces behind it
Sources:
1. Original "Inflation" Definition: https://archive.org/details/merriamwebstersd0000unse_o8b7/page/942/mode/2up?q=inflation
2. Historical Velocity Chart: https://fred.stlouisfed.org/series/M2V
3. Deflation and Depression: NBER: https://www.nber.org/papers/w10268
4. Unprecedented (35-80%, depending on measure [M1 or M2]) amount of Money created since 2020: https://fred.stlouisfed.org/series/M1SL
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The Federal Reserve and Why it Matters
If you care about Wealth Inequality, then you need to be taking about the FED. We hear so much on both sides about inequality in our society by there is a conscious effort in the media not to talk about the most powerful entity in our economy and the role it plays.
0:00 - Intro
3:00 - A Brief History
6:40 - Nuts and Bolts (The Dual Mandate)
12:30 - Track Record
15:30 - Inflation's effect on Wealth
www.AntiTankTops.com
Sources Cited:
1. Paycheck to Paycheck - https://www.forbes.com/sites/zackfriedman/2019/01/11/live-paycheck-to-paycheck-government-shutdown/#19c3abe34f10
2. Panic of 1907 official history - https://www.federalreservehistory.org/essays/panic-of-1907
3. Official FED history, includes implication that JP Morgan put it together - https://www.federalreservehistory.org/essays/jekyll-island-conference
4.
5. Max Warburg finances Bolsheviks - https://history.state.gov/historicaldocuments/frus1918Russiav01/d371
6. https://www.investopedia.com/ask/answers/040715/were-there-any-periods-major-deflation-us-history.asp
7. https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator/consumer-price-index-1913-
8. https://www.stlouisfed.org/publications/regional-economist/second-quarter-2017/a-short-history-of-prices-inflation-since-founding-of-us
9. https://www.forbes.com/sites/steveforbes/2014/09/30/money-is-not-wealth-but-it-helps-
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Why the Why Guy? Time to Wake up to Propaganda
We are all surrounded by propaganda every single day. You can't turn on the television or pick up a newspaper without hearing lies and propaganda. A few people at the top utter some deliberate misinformation and it immediately gets parroted on down the line from the news outlets to the twitter trolls to your friends and family. Most people trust the information they get from the people around them at least, but what happens when the people around them are just recycling the same lies that come from the top? In this introduction to the Why Guy, we are going to dispossess you of some common narratives that everyone "knows".
www.antitanktops.com
Sources:
1. Gulf of Tonkin - https://www.usni.org/magazines/naval-history-magazine/2008/february/truth-about-tonkin
2. Operation Northwoods - https://nsarchive2.gwu.edu/news/20010430/northwoods.pdf
3. Ukraine Call - https://www.youtube.com/watch?v=WV9J6sxCs5k
4. Crimean Referendum - https://www.cbsnews.com/news/official-results-97-of-crimea-voters-back-joining-russia/
5. Saudi Bulwark BS
Yahoo - https://news.yahoo.com/biden-response-report-khashoggi-killing-183457343.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuYmluZy5jb20v&guce_referrer_sig=AQAAAMwYpJjNs4dyAyLnc_ErCQU3r4WEoOrYIu0013yvmyIkD1NfnEXvUfJPClVT0SdaBGVyD2wc0-GvAgMvDefixe44wgAF8BR4VRfmo0gEWCsAIYtoOH3k8i2d97wxsAp8zMSGjmmlBRA31zHcKUlmMCDOCCOn4JqHXUZ6dLJ0D6P
MSN - https://www.msn.com/en-us/news/world/biden-response-to-report-on-khashoggi-killing-angers-both-saudi-arabia-and-its-critics/ar-BB1eaoMd
LA Times - https://www.latimes.com/world-nation/story/2021-03-02/biden-response-khashoggi-report-angers-saudi-arabia-and-critics
BBC - https://www.bbc.com/news/world-middle-east-57760786
NBC - https://www.nbcnews.com/news/world/biden-saudi-king-talk-ahead-expected-report-blaming-crown-prince-n1258924
6. Aaron Mate testifying for UN on Syria OPCW coverup - https://www.youtube.com/watch?v=9thPJW9wgOo
7. Iran Blows up Commercial Plane - https://www.nytimes.com/2020/01/10/world/middleeast/missile-iran-plane-crash.html
8. https://www.theguardian.com/world/2012/sep/04/cnn-international-documentary-bahrain-arab-spring-repression
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