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Monday, April 18, 2022
Joe
Scarborough, Mika Brzezinski, Willie Geist and Donny Deutsch
Morning
Joe - MSNBC Network
30
Rockefeller Plaza, Suite 408
New
York New York 10112-0002
Re:
COVID Inflation v “Petroleum Inflation”
Don’t fall for THE SUCKER PUNCH!!
Dear People,
I cannot SCREAM it loudly ENOUGH or repeat it often
enough. Petroleum Inflation is and
has been THE issue confronting the United States and the WORLD today and for the
last 50+ years!!! This is not necessarily
a Democrat v Republican issue. The preponderance
of Oil Interests, that are Republican is contributory. Do not let them distract with COVID-inflation,
Ukraine War inflation or Trump’s favorite “immigration-inflation.”
Inflation is a measure of the rate of rising prices
of goods and services in an economy. Inflation
has two major cause factors, 1.) - scarcity of goods and services based on a fixed
or decreasing money supply and / or 2.) a fixed or a surplus of goods based on an
increasing money supply.
Now
there are politically motivated forces out there, that want to say the CURRENT bout
(see chart) of inflation started with Biden and the 117th Democratic
congress assuming office in January of 2021.
And the inflation started before Putin’s invasion (24 February 2022) of the Ukraine.
By definition that is impossible. Inflation describes past issue not concurrent
issues. Inflation cannot be turned on or
off like a faucet with an election.
They want to blame COVID inflation, the last 12 months
of inflation, 2/21-2/22 (see chart) on Biden and the 117th Democratic
Congress. Now because Biden and the Democratic
Congress only assumed office January 2021, to say they dramatically impacted the
inflation rate in the following 12 months is without merit. If the current inflation rate is related to any
political leaders it was created in the 12 months prior, by COVID, Trump and the
116th GOP Senate and Democratic congress, with Coronavirus
Aid, Relief, and Economic Security Act, also known as the CARES Act totaling
$2.1 trillion. (Effective March 27, 2020) and the Second coronavirus stimulus, as part of the Consolidated
Appropriations Act, 2021 $900 billion in stimulus relief for the COVID-19
(Effective December 27, 2020) not Biden and the 117th Democratic
Congress.
Biden and the 117th Democratically congress
added to the deficit concurrently with the inflationary period in question with
the Third coronavirus stimulus,
as part of the American
Rescue Plan Act of 2021 (Effective March 11, 2021). It increased the deficit by $2 trillion(?).
I am a firm believer in the economic dictum, dubiously
attributed to Mayer Amschel Rothschild (1744 – 1812) at the inception (1776-1789)
of our country:
"Give me control of
a nation's money supply,
and I care not who makes
its laws.”
Monetary policy is all powerful. You can decrease the money supply and things will
cost more, or you can increase the money supply and things will cost more. Greed drives them all.
Last year at the height of the pandemic, production
stopped, creating a scarcity, prices went up.
With the stimulus packages the monetary supply increased, the prices went
up. But now prices stay up because of pure
greed, when in doubt keep the money.
Natural market forces will again resume with time,
supply will satiate greed and bring supply back to a naturally sustainable level. And it will happen with a Democrat or a Republican
in office. DO NOT FALL FOR THE SUCKER PUNCH those out of office can do
better than those in office. Time is
the ONLY CURE!!!
Nature has to take its course.
But apart from COVID we have had and still have Petroleum
Inflation/ Petroleum Inflation is and
has been THE issue confronting the United States and the WORLD today and for the
last 50+ years!!!
Start, maintain, and support the GREEN NEW DEAL. The GREEN NEW defeats Putin, Radical Islam and
SAVES THE PLANET.
Again… Defeat Petroleum Inflation!!!!! Defeat “Petroleum Inflation” and you
defeat Putin in Ukraine, you defeat the dark forces of Islamic terrorism, you stabilize
the world economy and you SAVE THE
PLANET!!!!!
If there is anything further, I can do for you in
this regard, please let me know.
Thank
you in advance.
David G. Jeep
cc: www.DGJeep.com
file
ps. Jane Crow
discrimination is just AS REAL.
We must defeat Jane Crow discrimination to save the American Family (www.DGJeep.com)!!!!!!
