I have always bought some Queen Anne chocolate cordial cherries.
They kick ass, I love them. And I have always been happy to buy a box for 1.00 USD. 10 of them for the three of us is 3 apiece plus a lucky winner of the additional odd piece.
It has always been one of those silly Christmas traditions with me ;)
Anyway, this year they were 1.28 for a box of 10. To me that looks like about a 30% price increase, inflation run wild!
So when I saw that I said F U Queen Anne. That's just how I deal with it. I don't buy it. Until a few days later when I saw a different brand, Zachary Chocolate cordial cherries, 10 cnt 1.00 ;)
Yes, competition still works..
Queen Anne's is a bastard of economic manipulation. Part of the bastardization of capitalism.
I suggest the (real intended) "economic stimulation" does NOT occur during the "bust cycle" but rather later as I will discuss.
I'm thinking the bust cycle is when government, central bankers and corporations always "crank up" the intensity of their "theft" from citizens. To prop up their cancerous, elite controlled, debt based ponzi scheme of an economy.
They do this through inflation and taxes.
When the elite face certain bankruptcy due to their own stupidity, corruption and greed, they do what we all witnessed in 2008.
It's apparently one of the favorite "tricks" of central bankers.
When everyone is suffering during a severe economic downturn the bankers devalue our currency which causes commodity prices to skyrocket (as we have seen!) which creates inflation throughout the (debt based) ponzi scheme economy.
The prices on the very things humans must have to survive skyrocket.
Food and energy prices soar as the elite use this age old monetary "trick" to rapidly suck fiat out of the pockets of their "serfs".
And because food and energy are NOT counted in the CPI numbers the government and the federal reserve bank can still "claim" to be doing a good job of keeping inflation "low".
I suggest commodities are the mechanism governments and central banks use to force feed massive amounts of fiat currency into an imploding economy. fully funded by people unfortunate enough to require food and energy..
The central banks do this by intentionally lowering the value of our currency right in the teeth of a severe economic downturn.
Here's how Ben Bernanke (chairman of the federal reserve bank) puts it..
…the US government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many US dollars as it wishes at essentially no cost. By increasing the number of US dollars in circulation, or even by credibly threatening to do so, the "US government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services". We conclude that, under a paper-money system, "a determined government can always generate higher spending and hence positive inflation".
Get that?! Any time they NEED / WANT to they can FORCE you to spend more money, whether you want to or not, by intentionally creating inflation / lowering the value of your paper money.
All it really is is a huge tax increase on the people, on demand, or at the whim of central banks.
Once they have extracted enough wealth from the populous to prop up their lies and hide their miserable failures they then use markets to release the true, hidden, economic stimulus.
Through manipulation of their rigged gulag markets they cause the prices of commodities to plummet.
It's NOT traders who cause it! Not speculators. It's the Primary Dealers and the Too Big To Fail banks who control commodity prices in reality, outside the matrix.
Governments and central bankers have the ability to impose, remove or completely reverse huge tax increases on the unsuspecting public any TIME they want and for any REASON they want.
They control your food and energy costs and because of that virtually the cost of everything else as well.
The things that would most help citizens are loathed by the elite. Deflation of everything, including interest rates, in the real economy. Banks still strive to trap as many Americans as possible into a lifestyle of high interest debt.
Car dealers and payday loan companies still heavily advertise that your "credit score" doesn't matter to them. They assure you they will STILL loan you some worthless imaginary paper fiat.
Nothing has changed at all! Our entire economy continues to be about how many people can you scam..
Expect commodity prices to plummet at some point. And at that precise moment it's game on for central bankers. This huge, manipulated, "tax cut" will flood the populous with fiat dollars and the "animal spirits" of capitalism will seem to magically reappear.
If it works this time..