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Market Update – Prices Rising Everywhere

The trend is clear – prices rising rapidly for everything. How long it lasts will be a function of how fast the Federal Reserve wants to drive American civilization into the earth. Right now, warp speed is moving too slow for them.

An apt analogy would be like jumping off a cliff, and rather than being happy with hitting the ground at terminal velocity, you carefully aim a rocket at earth, and then strap it to your back. It is the literal impoverishment of the American people and their nation, in real time. But hey, look on the bright side – your old boat’s gonna be worth more fiat in a few months.

Boat Market:
A boat dealer here in town always has 200+ boats on the lot. Big, shiny, expensive, brand new boats. I drove past the other day and noticed many of the boat racks were empty, which I’ve never seen before. I called the dealer and asked about sales. He said it was a banner year and that they were running low on inventory.

Quotes from Men who Stood on the Moon

Freeman’s Perspective has an article here with these interesting quotes from men who have walked on the moon:

It was to me like I was just sitting on a rocking chair on a Friday evening, looking back home, sitting on God’s front porch, looking back at the Earth; looking back home. It was really that simple, but it was an overpowering experience.
– Gene Cernan, Apollo 17

This isn’t Moral Hazard, it’s War

“Let us not talk falsely now, the hour is getting late.”

I keep seeing the idea that what the Fed is doing is creating ‘moral hazard’. But what they’re doing is not moral hazard – it is a war crime. They’re not helping Americans in any way, and are instead actively destroying them and their American civilization. At some point people have to understand fully what is being done to them and their society. The people around them, the people they love, those who will come after them are being systematically destroyed and the best people can muster is a softly spoken, “moral hazard.”

Digital Currency is Complete Destruction

A digital currency is cat nip to central planners. They can’t resist this temptation.

The future holds even less power for individuals and more power for the government, and the ability to gain more power over the people through the use of a digital currency is almost unlimited. Certainly the plans have been made, the system in place, now they wait for the opportunity.

Mencken on Epidemics

“Typhoid raged all summer, smallpox all winter, malaria at all times of the year.”

I haven’t written about the affects of Covid mainly because government, once it has all the power, can do anything it wants. It is almost of no interest, as the lock downs are but one in a string of heinous things the government has done and will continue to do, until mankind comes to understand that the individual is worth something. Power in the hands of the state destroys people’s lives and the Covid lock down is a wonderful example of this.

Mr. Friday Night: Movie Review

Bill Cunningham New York

I don’t have any interest in New York street fashion but what was interesting was the man behind the lens – Bill Cunningham, a long time street fashion photographer for the New York Times.

We Are All Government Workers Now

Government takes over the economy

The latest headline from marketwatch.com: “Service side of the U.S. economy crashes in April to recession levels, ISM shows”

“Only two of the 18 service industries tracked by ISM — government and finance — grew in April…The other 16 industries all shrank.”

This data shows what is happening – the government is taking over the entire economy. Only industries that serve the interests of the government will be supported.

Why Pop Songs are Getting Sadder

This recent study analyzed the top 100 pop hits from 1965 to the present day, noting instances of positive emotions and negative emotions.

The authors included these beautiful charts, which tell the story of America.

Here is the chart showing the rise of negative emotions:

June Real Estate Statistics

Here are June’s stats for my zip code in North Florida.

The number of listings is falling off a cliff as prices rip higher. Average list price went from 400k to 589k, up 45% from June 2019 to June 2020. Average sale price went from 293k to 335k during the same time period.

An average sale price of 335k equals a mortgage of around $2,000 a month. With a 33% debt to income ratio required by the bank, the buyer would need to make appx. $40 an hour or 72k a year to buy an average home. The average salary in the US is 55k a year, so to buy an average home (in Florida) both spouses would have to work.

Debt slavery is a hell of a drug.

Trump As False Hope

I used to see much more support for Trump. The supporters believed. They believed he was going to do some such thing that they supported – shut out immigrants, reform an industry, arrest people, drain the swamp etc. Whatever it was, they really believed.

Now I see much less believin’. He had 3 years to do something, and never could get it going. There are clearly many bad actors in the swamp, and instead of draining it, he couldn’t even get a single one of them fired.

In the end, Trump was only more false hope for a rebirth of America. Americans need to understand the situation clearly. This is war. War’s a’comin’. The crash is going full speed ahead. No politician is going to save them.