MCViewPoint

Opinion from a Libertarian ViewPoint

And Just Like That, Inflation Is About To Disappear? | ZeroHedge

Posted by M. C. on December 12, 2021

In any case, what we though this summer was just a joke appears to be coming true, because as the BLS has reported, starting next month it will adjust the weights for its Consumer Price Index basket, which will be calculated “based on consumer expenditure data from 2019-2020.” Alas, there is no further detail on this critical topic, although we will take any bet that post-revision reported inflation will drop because, well, “adjustments.”

https://www.zerohedge.com/markets/and-just-inflation-about-disappear

Tyler Durden's Photoby Tyler Durden

Earlier this year, when inflation was still “transitory” two Fed chairs, Powell and Bernanke, made comments which we joked only make sense if the definition of inflation is changed:

*POWELL:FOMC PREPARED TO ADJUST POLICY IF EXPECTATIONS GO BEYOND

by changing definition of PCE and CPI — zerohedge (@zerohedge) July 28, 2021

BERNANKE: COMMODITY PRICES WON’T ADD TO INFLATION GOING FORWARD

Why? Are we changing the definition of CPI again — zerohedge (@zerohedge) August 25, 2021

Sadly, our feeble attempts at humor were not unjustified, and as any economic history buff knows the US dramatically changed how it calculates consumer inflation back in the 1980s, an event extensively covered by AllianceBernstein former chief economist Joseph Carson on this website in the past (see “Consumer Price Inflation: Facts vs. Fiction“) with the most important difference being that while the CPI of the 1970s included house price inflation, the current measure does not. Instead, home price pressures have been swept in the purposefully nebulous Owner-Equivalent Rent which can be whatever politicians wants it to be (there have been other definitional changes, see here, here, here and here for more). Bottom line, however, is that if today’s CPI did include house prices in its measurement, the currently reported inflation numbers for house price inflation would push CPI (and core CPI) to double-digit gains.

Of course, it is politically inconvenient to report true inflation is – just see what happens in any banana republic where society is fed up with runaway inflation. It’s also why politicians on both sides of the aisle are always eager to tweak the definition of inflation ever so slightly (or not so slightly) so it appears to be less than it truly is. After all, for them masking reality is a matter of political survival.

In any case, what we though this summer was just a joke appears to be coming true, because as the BLS has reported, starting next month it will adjust the weights for its Consumer Price Index basket, which will be calculated “based on consumer expenditure data from 2019-2020.” Alas, there is no further detail on this critical topic, although we will take any bet that post-revision reported inflation will drop because, well, “adjustments.”

In the same press release, we also read that “the BLS considered interventions, but decided to maintain normal procedures”… whatever those are. Said otherwise, the BLS may not be “intervening” for now, but when the inflationary rubber hits the road next year with the midterms coming up fast and Dems ratings still in the dumps, we doubt that the BLS will have any qualms to “intervene.”

Incidentally, this “update” may explain the conviction behind Biden’s statement today: in a statement after the blistering hot CPI report came out…

… Joe Biden said that despite experiencing the most rapid inflation in almost 40 years in November, U.S. price increases are slowing, in particular for gasoline and cars.

“Today’s numbers reflect the pressures that economies around the world are facing as we emerge from a global pandemic — prices are rising… But developments in the weeks after these data were collected last month show that price and cost increase are slowing, although not as quickly as we’d like,” he said. Biden’s chief of staff Ronald Klain chimed in too:

We’ve made progress, but we’ve got to get prices down, and people have to feel the progress at their kitchen tables.https://t.co/YH102YVlQp — Ronald Klain (@WHCOS) December 10, 2021

Well, all that prices needs to slow “as quickly as we’d like” at least in government reports such as the CPI, is for the BLS to give them a gentle nudge lower.

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Unvaxxed In Austria Could Be Imprisoned For A Year | ZeroHedge

Posted by M. C. on December 12, 2021

https://www.zerohedge.com/covid-19/unvaxxed-austria-could-be-imprisoned-year

Tyler Durden's Photoby Tyler Durden

Authored by Paul Joseph Watson via Summit News,

People in Austria who remain unvaccinated could find themselves imprisoned for a year, according to critics of an amendment to an administrative law.

Susanne Fürst of the Austrian Freedom Party (FPÖ), which voted against the amendment, warned that it could be used to punish the unjabbed with much harsher sentences.

The amendment raises fines from €726 (£617/$818) to €2,000 (£1,701/$2,255) and increases prison time for those who refuse to pay from four weeks to up to a year.

Given that Austrians who don’t get vaccinated by February face fines of up to €7,200 ($8,000) for non-compliance, those who refuse to pay would also face a 12 month jail sentence.

The amendment also orders people who are jailed to pay for their own imprisonment.

“If detention is carried out by the courts, the associated costs shall be recovered by the courts from the obligated party in accordance with the provisions existing for the recovery of the costs of enforcing judicial penalties,” it states.

Despite Fürst protesting that the amendment could be used to further punish the unvaccinated, the measure was approved anyway.

At the time it was announced, then Chancellor Alexander Schallenberg vowed to hit the unvaccinated with “penalties” if they still refused to get the jab, while asserting that they should “suffer.”

Given that some technocrats are asserting that the vaccination program will never end, the initial one year prison sentence for vaccine refusniks could be just the beginning.

*  *  *

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Watch “SECRET MSGS phone companies DON’T want you to know about” on YouTubehttps://youtu.be/0Em-J_3QYu4

Posted by M. C. on December 12, 2021

It never sleeps. Likely the battery is not removable so use a faraday bag.

https://youtu.be/0Em-J_3QYu4

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The Social Dilemma – Tristan Harris – New Age In Tech Presentation

Posted by M. C. on December 12, 2021

https://youtu.be/iYVVgGWUKKg

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Julian Assange has a stroke in Belmarsh prison: Fiancée blames extreme stress | Daily Mail Online

Posted by M. C. on December 12, 2021

Did you really think he was going to make it to trial?

https://www.dailymail.co.uk/news/article-10300037/Julian-Assange-stroke-Belmarsh-prison-Fianc-e-blames-extreme-stress.html

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‘Delete It’: Elon Musk Slams Biden’s Build Back Better Bill – Full Interview – LewRockwell.com

Posted by M. C. on December 11, 2021

New respect for Elon Musk

https://www.lewrockwell.com/2021/12/no_author/delete-it-elon-musk-slams-bidens-build-back-better-bill/

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Medicare Data Shows 48,465 Deaths Over 80 Within 14 Days Of Shots: Scrubbed As Non Vaccinated: Renz

Posted by M. C. on December 11, 2021

https://celiafarber.substack.com/p/medicare-data-shows-48465-deaths

Celia Farber

This below was submitted as a comment by Edmond Paré. It is of critical importance, as a follow up to the Pfizer smoking gun documents, which Gate funded “fact checkers” are busy denying. [Their essential “Correction” is this: 1. People die, ok? 2. Anyone can file a VAERS report. (Displaying elite contempt for ordinary people.)

At 3:53 of the Thomas Renz video linked below, he reveals raw data from the Medicare servers, “CMS servers.” 18.1% of Americans are on Medicare, or 59.4 million people.

48,465 people over the age of 80 died within 14 days or their first or second dose. “This is raw data,” says Renz. “Raw. There’s no analysis.” He goes on the remind us of the insult-to-injury fact that the system rigged it such that if a person dies within 2 weeks of a a ‘vaccine,’ they are counted as unvaccinated.

Have you ever heard anything like this in your life?

More raw data: Of those patients given Remdesivir, 25.9 % died. More than a quarter. Of those, 46% died within 14 days of treatment. This is what Fauci considers a “life-saving treatment.”
Remdesivir causes kidney failure. This is true of most of the “vir” drugs that emerged from Fauci’s post-AZT, post David Ho “drugs-into bodies” HIV medication boom. More on this another time. Here’s Mr. Paré:

“With regard to these Pfizer documents, Dr Bryan Ardis of Texas uncovered a list of possible serious Covid-19 vaccine-induced adverse outcomes that the FDA has been withholding/hiding from the medical community, from authorized dispensers, and from all potential Covid-19 “vaccine” recipients. The FDA has had this CBER list since at least October 22, 2020, two months prior to the Covid-19 “vaccine” roll-out here in the U.S. At the same meeting, the CDC presented a similar list of possible adverse events they would be tracking. Interestingly, and not surprisingly, the Table 7 adverse events recorded by Pfizer are what were fully expected by the FDA and CDC to start being reported to them once the vaccinations started.

After watching/listening to several hospital healthcare personnel whistleblowers stating that it is primarily vaccinated individuals presenting to hospital, not with Covid-19 symptoms, but with what appear to be Covid-19 vaccine-induced injuries; and, then encountering vaccine-injury attorney Aaron Siri’s substack, I wrote the following article to assist in disseminating this info. At one point, GlobalResearch changed the URL, deleting all of the stats to that point, but that’s another story.

The FDA’s “Intentional Malfeasance”: Vaccine Injuries include “Deadly Strokes, Bizarre Rashes, Cardiac Arrest, Blood Clots, Neurological Symptoms

https://www.globalresearch.ca/do-you-truly-want-end-mandates-then-everyone-must-call-out-fda-withholding-serious-covid-19-vaccine-adverse-event-outcome-information-medical-community-authorized-dispensers-vaccine-recipients/5760435

The reason I’m posting this here is that, in addition to these FDA lists, the ten hospital whistleblower interviews and the eleven physician declarations of vaccine-injury to themselves and/or to their patients, I believe commenters here will be particularly interested in watching/listening to international trial attorney Reiner Fuellmich’s interview of Dr Bryan Ardis, where the first half of the interview explains how Ardis uncovered Herr Fauci’s genocidal dictate that all hospitals employ the deadly remdesivir as the primary drug in their Covid-19 treatment protocol; and the second half of the interview which “…deals with the CBER FDA C-19VAE list of possible serious adverse event outcomes (of Document 2 above); and briefly discusses the tens of thousands of apparently vaccine-related deaths reported to the VAERS and to the CMS (Medicare/Medicaid) reporting systems.”

In this regard, in the following recent bitchute video, attorney Thomas Renz of Renz-Law.com presents CMS (Medicare/Medicaid) data from New York State which undeniably proves that, contrary to statements by the FDA and CDC, the serious Covid-19 vaccine-induced adverse event outcomes from these lists, including “deaths” are occurring in large numbers of partially vaccinated and fully vaccinated individuals.

ATTORNEY THOMAS RENZ We Got Them! Fact Check This! ALL NEW WHISTLEBLOWER INFO

https://www.bitchute.com/video/2pmlxhO374X2

If you’re pressed for time, skip forward to time = 12:46; but, I would encourage you to listen to the entire presentation.

And, finally, to truly understand the seriousness of the issues at hand, watch, on bitchute, the following interview of Karen Kingston, who was introduced in the above Thomas Renz presentation as the ex-Pfizer employee whistleblower. Karen Kingston has a superb grasp of these deadly vaccines and will surprise you with the depth and extent of her knowledge.

Covid-19 “Vaccines” Are Poison: Greg Hunter Interviews Pharmaceutical Analyst Karen Kingston

https://www.bitchute.com/video/uD8avWepfGy7/

And, get the word out on Plandemic III, coming soon (-:

Plandemic 3 Teaser”

—Edmond Paré, submitted as comment

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Writings present and past by Celia Farber

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The Individual in Society | Mises Institute

Posted by M. C. on December 11, 2021

A man has freedom as far as he shapes his life according to his own plans. A man whose fate is determined by the plans of a superior authority, in which the exclusive power to plan is vested, is not free in the sense in which the term “free” was used and understood by all people until the semantic revolution of our day brought about a confusion of tongues.

https://mises.org/library/individual-society

Ludwig von Mises

The words freedom and liberty signified for the most eminent representatives of mankind one of the most precious and desirable goods. Today it is fashionable to sneer at them. They are, trumpets the modern sage, “slippery” notions and “bourgeois” prejudices.

Freedom and liberty are not to be found in nature. In nature there is no phenomenon to which these terms could be meaningfully applied. Whatever man does, he can never free himself from the restraints which nature imposes upon him. If he wants to succeed in acting, he must submit unconditionally to the laws of nature.

Freedom and liberty always refer to interhuman relations. A man is free as far as he can live and get on without being at the mercy of arbitrary decisions on the part of other people. In the frame of society everybody depends upon his fellow citizens. Social man cannot become independent without forsaking all the advantages of social cooperation.

The fundamental social phenomenon is the division of labor and its counterpart — human cooperation.

Experience teaches man that cooperative action is more efficient and productive than isolated action of self-sufficient individuals. The natural conditions determining man’s life and effort are such that the division of labor increases output per unit of labor expended. These natural facts are:

  1. the innate inequality of men with regard to their ability to perform various kinds of labor, and
  2. the unequal distribution of the nature-given, nonhuman opportunities of production on the surface of the earth. One may as well consider these two facts as one and the same fact, namely, the manifoldness of nature which makes the universe a complex of infinite varieties.

Innate Inequality

The division of labor is the outcome of man’s conscious reaction to the multiplicity of natural conditions. On the other hand, it is itself a factor bringing about differentiation. It assigns to the various geographic areas specific functions in the complex of the processes of production. It makes some areas urban, others rural; it locates the various branches of manufacturing, mining, and agriculture in different places. Still more important, however, is the fact that it intensifies the innate inequality of men. Exercise and practice of specific tasks adjust individuals better to the requirements of their performance; men develop some of their inborn faculties and stunt the development of others. Vocational types emerge, people become specialists.

The division of labor splits the various processes of production into minute tasks, many of which can be performed by mechanical devices. It is this fact that made the use of machinery possible and brought about the amazing improvements in technical methods of production. Mechanization is the fruit of the division of labor, its most beneficial achievement, not its motive and fountain spring. Power-driven specialized machinery could be employed only in a social environment under the division of labor. Every step forward on the road toward the use of more specialized, more refined, and more productive machines requires a further specialization of tasks.

Within Society

Seen from the point of view of the individual, society is the great means for the attainment of all his ends. The preservation of society is an essential condition of any plans an individual may want to realize by any action whatever. Even the refractory delinquent who fails to adjust his conduct to the requirements of life within the societal system of cooperation does not want to miss any of the advantages derived from the division of labor. He does not consciously aim at the destruction of society. He wants to lay his hands on a greater portion of the jointly produced wealth than the social order assigns to him. He would feel miserable if antisocial behavior were to become universal and its inevitable outcome, the return to primitive indigence, resulted.

Liberty and freedom are the conditions of man within a contractual society. Social cooperation under a system of private ownership of the means of production means that within the range of the market the individual is not bound to obey and to serve an overlord. As far as he gives and serves other people, he does so of his own accord in order to be rewarded and served by the receivers. He exchanges goods and services, he does not do compulsory labor and does not pay tribute. He is certainly not independent. He depends on the other members of society. But this dependence is mutual. The buyer depends on the seller and the seller on the buyer.

Self-Interest

The main concern of many writers of the 19th and 20th centuries was to misrepresent and to distort this obvious state of affairs. The workers, they said, are at the mercy of their employers. Now, it is true that the employer has the right to fire the employee. But if he makes use of this right in order to indulge in his whims, he hurts his own interests. It is to his own disadvantage if he discharges a better man in order to hire a less efficient one. The market does not directly prevent anybody from arbitrarily inflicting harm on his fellow citizens; it only puts a penalty upon such conduct. The shopkeeper is free to be rude to his customers provided he is ready to bear the consequences. The consumers are free to boycott a purveyor provided they are ready to pay the costs.

What impels every man to the utmost exertion in the service of his fellow men and curbs innate tendencies toward arbitrariness and malice is, in the market, not compulsion and coercion on the part of gendarmes, hangmen, and penal courts; it is self-interest. The member of a contractual society is free because he serves others only in serving himself. What restrains him is only the inevitable natural phenomenon of scarcity. For the rest he is free in the range of the market.

In the market economy the individual is free to act within the orbit of private property and the market. His choices are final. For his fellow men his actions are data which they must take into account in their own acting. The coordination of the autonomous actions of all individuals is accomplished by the operation of the market. Society does not tell a man what to do and what not to do. There is no need to enforce cooperation by special orders or prohibitions. Non-cooperation penalizes itself. Adjustment to the requirements of society’s productive effort and the pursuit of the individual’s own concerns are not in conflict. Consequently no agency is required to settle such conflicts. The system can work and accomplish its tasks without the interference of an authority issuing special orders and prohibitions and punishing those who do not comply.

Compulsion and Coercion

See the rest here

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Climate Change as Our Most Recent Iteration of Religious Sacrifice

Posted by M. C. on December 11, 2021

Climate change is big topic in America. But why does the public embrace it? Climate change is not a new idea; it is the modernization of an old one which humans have long believed.

https://thinkspot.com/discourse/kyugVZ/post/randaljuliiano/climate-change-as-our-most-recent-iteration-of-religious-sacrifice/RKteB0

randaljuliiano

In 2016, three-out-of-four Americans reported that they were particularly concerned about helping the environment as they go about their daily lives(1). In 2019, half said that human activity contributes “a great deal” to climate change (seen below). Indeed, Americans believe in climate change, and believe that they are responsible.

But where do these ideas come from?

As seen below, Americans think that climate science is ambiguous. Only 27% say that climate scientists agree about human activity. Half that (15%) say that almost no climate scientists point to human activity, and the rest think that the science is undecided.

It is particularly telling that of the ~50% who blame humans, a great deal say that the science doesn’t agree. Indeed, there is a major discrepancy between what Americans say about climate change and what they say science says about climate change:

Above, we see that ~50% of Americans believe humans contribute a great deal to climate change.

Below, we see that only 27% of Americans say that this is what almost all scientists say.

In order to compare the data, I am roughly setting equal the phrases “contributing a great deal” to climate change with “mostly responsible” for climate change.

That being said, what about the other 23%? Do they believe that we’re causing climate change without believing that science proves it?

Keep in mind that makes up nearly half of the group who blame humans.

So where do they get their conviction? And can we exclude whatever is convincing them from the conviction of others who say that science leads their belief?

The two charts I compared in the previous example are separated by three years. One might say that this gap could have shrunk during that time (even to zero). But data shows this is likely not the case: as seen below, in the three year period (2013 to 2016) before the period in question, Republican opinions on the same topic changed by 1% and Democratic opinions on the subject changed by 9%.

Assuming an even split between the political parties, public opinion shifted about 5% in the previous three-year-period. Rounded, that would still leave the same gap that is represented by one-in-five Americans. It is important to note (in the text at the bottom of this graph) that the grouping of political parties is not exclusive to those at the extremes but also includes those leaning in either direction.

See the rest here

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American Cities Are Socialist Nightmares

Posted by M. C. on December 11, 2021

 They want people to accept oppression and hopelessness as their lot in life, as Medieval lords of old rode roughshod over the peasants and ground them to dust

https://www.fff.org/explore-freedom/article/american-cities-are-socialist-nightmares/

by Scott McPherson

America’s cities are petri dishes of “progressive” governance. Anyone who cares to see the consequences of radical left-wing policies need look no further than our country’s urban centers. From the monstrous modernist architecture to decaying infrastructure, they look more like Soviet hell than the once-thriving metropolises that were the envy of the modern world.A genuine Renaissance in our cities is possible, if only today’s “progressives” would get out of the way.
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The English historian James Bryce called Medieval cities “centers of … intellect and freedom.” Peasants flocked to urban environments. Now the stream flows the other way. City denizens today labor under oppressive, insouciant regimes more akin in spirit to those suffered by the struggling, land-bound serfs of the past.

Students aren’t receiving anything remotely close to an adequate education in crumbling government-run schools dominated by unions more interested in feathering their nest than teaching. Any talk of change sends these tax-funded minions into the street, screaming about more tax funding and, of course, “the children”—despite the already astronomical costs associated with “public” education and its long-running record of failure. Kids don’t learn the basics, but they do learn to be treated like prisoners.

City governments penalize hardworking adults with large bureaucracies that micro-manage private businesses and require a license to engage in virtually every trade. Zoning laws prevent cottage industries. Rent control gives landlords an incentive to let their buildings fall apart. Income, sales, and property taxes take from the productive to fund a welfare system providing substandard housing in impoverished neighborhoods. Generations live in indigence.

The drug war keeps police officers chasing dealers and consumers instead of murderers, rapists, and robbers. City streets have been turned into war zones, where drug gangs kill each other over “their” territory and law-abiding citizens—the overwhelming majority—are caught in the crossfire. Continuous run-ins with police, especially in poor neighborhoods, leave residents feeling like they are under the heel of an occupying army. Even worse, gun control laws keep them disarmed and powerless.

Politicians are utterly clueless. Their campaign promises to fix roads, “fix our schools,” deal with rising crime, and “restore trust” in elected officials are quietly forgotten the day after every election, lost in the midst of all the cocktail parties. Wealthy elites, working hand-in-glove with local governments, boast of “proudly” paying their exorbitant taxes, congratulating themselves for caring so much despite the continued and growing hardships suffered by those (much) further down the socio-economic ladder. Few question the role played by government in keeping out competition and innovation.

These failures are not accidental. What you see is a natural consequence of intentional government meddling in virtually every part of people’s lives. Officious bureaucrats, prison-like schools, onerous taxes and regulations, and a heavy police presence are baked into the leftist mindset. They want people to accept oppression and hopelessness as their lot in life, as Medieval lords of old rode roughshod over the peasants and ground them to dust.

Predictions abound that the United States is on the decline, that we are entering a period of rising crime and continued social and economic deterioration. Many have completely given up on cities, abandoning them to criminal gangs and Democratic Party machines (often one and the same); in despair, they retreat to the suburbs or rural settings. One thing is certain: If we continue on the present course, our once-thriving, beautiful, safe, and exciting cities will collapse in ruins. However, this is not a foregone conclusion—if we instead embrace the principles of freedom and the free market.

Our broken education system can be fixed, if we separate school and state; parents, extended families, and even whole neighborhoods can unite to provide instruction in private homes or rented spaces. Free from the yoke of unions and politicians, kids can learn and thrive. The elimination of zoning laws would free people to open businesses close to home, or even to utilize areas of the city abandoned by the political class. Abolishing barriers to entry, like occupational licensing laws, would open up every industry to competition; consumers, not city employees (who often act to protect entrenched interests), would decide for themselves if a tradesman was honest, competent, and dependable. Police resources can be used to catch actual criminals; a private citizen engaged in peaceful commerce should never fear the gendarmes at his door. Finally, the dignity of all people should be acknowledged by repealing laws that infringe on the right to keep and bear arms. The armed, free citizen is the surest way to take back city streets from the criminal class.

A genuine Renaissance in our cities is possible, if only today’s “progressives” would get out of the way.

This post was written by: Scott McPherson

Scott McPherson is a policy adviser at the Future of Freedom Foundation, and author of Freedom and Security: The Second Amendment and the Right to Keep and Bear Arms. An advocate of the Free State Project, he lives in Portsmouth, New Hampshire.

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