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23 Comments
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DHJ
DHJ
2 years ago

A shrunken workforce is the cause of inflation. No mention of the money that suddenly appeared for furlough.

Steve-Devon
2 years ago

https://www.telegraph.co.uk/news/2023/06/28/net-zero-is-slowly-strangling-britain/

Although it is useful to see any sort of challenge to the zealous religious fervour of net-zero, this article spoils it by ending with an agreement that net-zero is a laudable aim. Come on journalists; time to challenge this basic assumption but maybe that would be a step too far when most of the establishment along with their power and vested interests are so far down the net-zero rabbit hole.

AethelredTheReadier
AethelredTheReadier
2 years ago

Covid to blame for inflation – not Brexit, says Andrew Bailey” – anyone with two functioning brain cells will know that inflation is caused by banks, more specifically the central banks. Inflation is an upwards movement of wealth. Bankers, as always, hide behind false accusations, always pointing towards big events and not their own nefarious activities in stripping the wealth away from ordinary people. People are left not knowing who to blame in this instance because saying it is ‘Covid’ or ‘Brexit’ is to cloud the issue in political blaming and point towards the governing party at the time, namely the Tories, who have no ability to make financial decisions without the say so of their banking overlords. Inflation, just like the banking crises of 2008 and 1929, was caused by central banks, the only winners in this game.

Will L
2 years ago

Well said ATR.. see my post on the scam..

DomH75
2 years ago

Agreed. Ron Paul wrote the book ‘End the Fed’ years ago, pointing out the disastrous consequences of central banks.

richardw53
richardw53
2 years ago

As far as I can see, the inflation we are experiencing originated with manufactured supply chain shortages – starting with the gas and oil price in the Autumn before the start of the Ukraine war. I believe these shortages are being caused by a combination of government policy globally (in response to UN Agenda 2030) and a change in the strategic orientation of large corporations to an ESG agenda – otherwise known as stakeholder capitalism. The banks also have a role in setting high interest rates but these are mainly an attempt to fix the broken debt markets. Difficult to prove I know.

Will L
2 years ago
Reply to  richardw53

Undoubtedly shortages cause prices to rise Richard, and indeed those price rises were deliberate, but those price rises need to be paid for and that’s done by printing money out of thin air. Its the banksters money printing that causes inflation.

If there was no money how could prices rise? Just like the overblown housing market. Values only rocket when there’s money available for mortgages.. the more money available the more they rise..

richardw53
richardw53
2 years ago
Reply to  Will L

Yes – it’s very much chicken and egg. My main point was that the price rises did not originate from an increase in demand, but a decrease in supply. The money printing undoubtedly allowed these increases to be sustained.

Will L
2 years ago
Reply to  richardw53

We see eye to eye obviously.. 🙂

JohnK
2 years ago

Something that isn’t in the list is the financial difficulties at Thames Water. Lot’s of stories in the ‘papers’, such as https://metro.co.uk/2023/06/28/who-owns-thames-water-and-what-could-a-collapse-mean-for-you-19031635/ It even came up on the Rees-Mogg programme on GBN yesterday. We’ll see what happens next, but it could end up being a semi-nationalised organisation along the pattern of Train Operating Companies that have become operators of last resort, in effect owned by the Treasury.

DevonBlueBoy
DevonBlueBoy
2 years ago
Reply to  JohnK

The problems at Thames Water are obviously nothing to do with employing a relatively young, hardly qualified CEO because they ticked the diversity box??

Mogwai
2 years ago

testing….why can’t I post on here?? 😮

Mogwai
2 years ago
Reply to  Mogwai

Really weird. Just spent ages doing a long post, it won’t post on the page. Cropped it in case it was too long, used only 1 reference, still nothing. But small posts seem ok? odd… 🙁

Will L
2 years ago

Money printing out of thin air as if there was no tomorrow is the reason for inflation. It destroys value, therefore more of it is needed.

Of course.. as an aside.. politicians love money printing out of thin air, so that they can spend it as if there was no tomorrow.

The banksters have been using the same scam (fractional reserve) since 1913 when they hoisted the Federal Reserve Bank on the world. Which incidently paid for WW1.. coincidence or not ????

AethelredTheReadier
AethelredTheReadier
2 years ago
Reply to  Will L

Well said, Will.

DomH75
2 years ago
Reply to  Will L

Yes, there needs to be serious control of the supply of money.

transmissionofflame
2 years ago
Reply to  Will L

Yet another thing that was predicted by those opposing lockdowns

Will L
2 years ago

It certainly was TOF..

Mogwai
2 years ago

In case you haven’t already caught it, here’s Denis Rancourt’s essay demonstrating, amongst other things, that there was no pandemic. I would very much like this to be presented at the Covid Inquiry and see what the criminals have to say for themselves because they would not be able to refute it;

Mogwai
2 years ago
Reply to  Mogwai

For some reason, which hasn’t happened before, it wasn’t allowing me to post anything I cut and pasted from the article. I can only manage to share the above. Oh well. Mystery. I’ll experiment with something else later……I’m lost without my cut and paste powers! 😮

MichaelM
2 years ago
Reply to  Mogwai

Your cut and paste powers are well used and much appreciated…

soundofreason
soundofreason
2 years ago

“Care homes were paid extra to accept Covid patients” – Five sites in Birmingham were given a £1,000 one-off payment per patient to take hospital discharges, including those with the virus, reports the Telegraph. — On the March 17 2020, at the start of the pandemic, NHS England issued a letter to every NHS trust in the country ordering the rapid discharge of patients from hospital to clear thousands of beds to ensure the health service was not overwhelmed.There was initially no national requirement to test patients leaving hospital or entering care homes for Covid.It was only on April 15 2020, well over a month after the virus had hit UK shores, that the Government changed course and told care homes to test all residents arriving from hospital. They also recommended all residents arriving in care homes be isolated, even those who had a negative test result. The Telegraph has given a very weak analysis. By April 15 2020 the daily death toll from Covid (mentioned on the death certificate) was declining from the peak reached on 8 April. At around this time, for those who died there was an average lead time of about 27 days between exposure to the… Read more »