CPI Too Hot and FED POLICY ERROR

The CPI report should have come as no surprise today as we know we live in a world where the Federal Reserve has deliberately over inflated its monetization of financial assets. For us here at Econemotions we have known for decades the fallacy that exists in regards to the central banks dual mandate. For those new readers, let us make this very clear. The Federal Reserve exists for one reason and one reason only,

To facilitate the inflation of the US dollar, whether it be directly for the obese US Budget or Wall Street executives, it doesn’t matter the single function is very clear.

We have watched actively since the early 2000s as crisis after crisis is created then solved by the very same problem, monetization.

Doesn’t that seem strange to you that the very solution to all the problems is actually the cause of all the problems?

This is emblematic of our society in general, by which we rationalize erratic, nonconforming behavior and jam it down everyone’s throats under the guise of “Inclusiveness.” Then the same society that placates to this bull$hit wonders why the rest of the world doesn’t respect our leadership anymore. Well the reality is, just like the climate dopes that fly to Davos and jam down our throats Green this Green that, all the while flying private jets. Do you see the hypocrisy and no there isn’t any green anything, just another monetary skimming operation to subvert funds into specific political coffers.

Look we are staring at one of the largest policy errors of our time and don’t think for one minute the Federal Reserve is unaware, they are absolutely complicit and the rest of the world is held hostage by their policy errors. Case and point emerging markets. US rate hikes crush EM because they cannot afford to pay IMF debt back with the US dollar destroying native currencies. This is why we never understand dollar bears, or death to the dollar chanters, when we here idiots clamor like that, we know they have absolutely zero understanding of modern monetary mechanics. Why? Because if they did they will realize the Federal Reserve controls the scarcity and when you have US debt to payback and you need to acquire US dollars to satisfy such debt…well good luck acquiring them…

With all of this in mind, let’s take a look at how things washed out today. CPI was a scorcher, and yesterdays leaked 10.2 number was nothing more than a fakery, however the actual result wasn’t far off coming in at a red hot 9.1!

Courtesy of Zerohedge.com