Sunday Talks, CBS Outlines Causes of Massive Inflation, Identifies Everything Except Biden Policy
This Sunday segment from CBS’s Margaret Brennan allows us to watch narrative engineering in real time. During a segment outlining the reasons behind the major economic issues American’s are feeling, CBS notes everything except the reason the economy is struggling. It really is quite a remarkable example of professional gaslighting.
Watch the segment, note the inflation crisis has been underway for more than 18 months, and notice how many justifications are made-up illusions. (1) A Texas-Mexico cargo checkpoint issue that started less than a week ago; (2) Trucker shortages; (3) Ukraine-Russia which started only 6 weeks ago; and (4) Pandemic lockdowns, now causing an excess in demand. None of these issues are even close to the source of the issue.
The two major drivers of inflation are both Biden policy issues. (1) Extreme federal government spending and the Fed purchasing debt. (2) The shutting down of U.S. energy development (pipelines closed or blocked, oil leases cancelled, permits pulled and refinery permits cancelled). All of this is Joe Biden policy.
On the restaurant pricing side, and likely restaurants soon to close, I would note the CTH outline from a few days ago:
You will note from Table-1 [available here] that food away from home, restaurant food, is not climbing as high as food at the grocery store (0.3% -vs- 1.5%). Restaurants are trying to keep prices down and their profit margins are being eroded. They are in a tough place, because if restaurants raise prices, they may lose customers who are already feeling pain in their checkbooks. However, they cannot hold out much longer before raising prices, because the price increases are permanent. (read more)
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