Are we just lab rats in a UBI experiment? Some thoughts on this morning’s economic numbers

The Producer Price index data (PPI) came in much hotter than expected on all levels, and the year-over-year is still massively larger than expected. The headline number of a 1% increase was much greater than the 0.5% rise expected.

I was listening to CNBC as they were announcing the numbers, and Steve Leisman, the proverbial MSM economic shill, stated something interesting. He said though the numbers are coming in higher and hotter than expected on an ongoing level, the consumer seems to be accepting it quite fine.

This made me think of something interesting. I have to suspect the monetary and fiscal authorities are experimenting on us in real time to see what the consumer will do and accept as conditions change. It got me thinking that since the supply chain is now under the complete influence of the globalists, and the demand-pull was intentional, I suspect the elites are experimenting on us like lab rats to see how we will accept our deteriorating conditions as overburdened debt slaves. Based on what I’m seeing in my experiences as a consumer, and property manager and investor, I see the people accepting whatever is thrown at them, including this engineered inflation. I don’t hear of anybody complaining, including prospective rental applicants. I find it all quite strange, but not entirely all that shocking.

Though my property management expenses have been rising about as fast as my rents, they are still much smaller as a percent of the rent roll, and thus, being a landlord has become more profitable under these inflationary conditions. Very few people own rental properties, while about 40% of the population rent from a landlord.

I noticed the Empire State manufacturing index was another dud, coming in much lower than expected. At least this month’s reading was above zero… but just barely.

It seems to be the worst of both worlds for Joe and Jane six-pack.

I do hear a lot of talk in the MSM about companies expanding in anticipation of pent-up demand. I hear the airlines and hotel chains getting are all excited in anticipation of a busy summer season. Let’s see what happens.

I think I know why the elites are experimenting on us with this persistent and elevated inflation. Perhaps the fiscal and monetary stimulus programs that were initiated under the guise of the covid crisis was nothing more than one large universal basic income (UBI) experiment.

I suspect that the elites may become emboldened to proffer UBI-types of programs for the masses in the future, and are working to iron out the kinks. UBI will be massively inflationary as the plebs will continually undervalue the costs of their demand. This demand-pull will prove to be extremely profitable to those who own the income generating assets.

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12 thoughts on “Are we just lab rats in a UBI experiment? Some thoughts on this morning’s economic numbers

  1. As best I can tell, the killshot has a double whammy- disabling the natural immune system while also carrying some portion of the HIV genome.

    So of course, they will have ‘remedy’ ready… to sell to everyone who will be needing it.

    1. I accidentally posted this on the wrong article. I can’t see any way to move it or delete it… Apologies. Also available for tech support consulting hah.

      1. I am terrible with technology. I barely know how to log in to the website. And I spend way too much money maintaining the blog. I’m sure there are cheaper ways, but I have no idea. But I shouldn’t complain. I should be like everyone else and take inflation like it’s no big deal. The authorities told me it was all about covid. The plebs get financially raped and they stand down, because the MSM say it’s because of covid.

  2. US accuses financial website Zero Hedge of spreading Russian propaganda

    https://nypost.com/2022/02/15/us-accuses-zero-hedge-of-spreading-russian-propaganda/

    “US intelligence officials on Tuesday accused a conservative financial news website with a significant American readership of amplifying Kremlin propaganda and alleged five media outlets targeting Ukrainians have taken direction from Russian spies.

    The officials said Zero Hedge, which has 1.2 million Twitter followers, published articles created by Moscow-controlled media that were then shared by outlets and people unaware of their nexus to Russian intelligence. The officials did not say whether they thought Zero Hedge knew of any links to spy agencies and did not allege direct links between the website and Russia.”

  3. UBI will be paid in CBDC which makes sovereign debt a rare asset (as the CBDC and current system will not be exchangeable at par).

    It will be deflationary. The entire plumbing of the monetary system is going to be revised.

    They may allow people to pay down debt with CBDC (again, not at par). Also deflationary. Credit creation is going to be very slow to non-existent for a while, soon. They have harvested enough, there is nothing more to gain. Time for the final reaping.

  4. I remember warnings about the consequences of revolving credit 50 years ago. I think the complaints are low because the pain of rising costs is spread out over monthly payments. And income is supplemented by government assistance—and I include federal salaries in this category. I’m from DC and I see many people who are way, way overpaid. I mean over $125K per annum, which most of them would never make in the private sector. And I include “government contractors” here.

    Consider the U.S. Army’s massive intell center at Ft. Belvoir. What do these people do? I watch the traffic streaming south on U.S. 1 and they look brainless. Like lab rats. I think Wall Street set up this monstrosity (the DoD) as a profit center.

  5. What would the people not accepting inflation look like?

    2/3 of the people have accepted COVID as truth for the last 2 years. They probably think today’s circumstances are out of their control.

  6. UBI looks like part of the program for our destruction – induction of sloth and eventual acedia

    “If you cannot feel pain at some of the harsh circumstances of life, it is very likely that you have ceased to feel joy at some of the satisfactions and delights of life. When that happens, one lives at all times under a mental and spiritual cloud; it is always wet weather in the soul. That is Acedia, and it was called a Deadly Sin because it dimmed and discouraged the spirit, and at last killed it.”
    Robertson Davies: The Deadliest of the Sins

    “That ye be not slothful, but followers of them who through faith and patience inherit the promises.” Hebrews 6:12.

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