"15 Terrible Years of Fakery"
by Jeffrey Tucker
"Well, two years of egregious inflation has certainly made my much-needed diet much easier! I’m shopping for something to eat and thinking “no way am I going to pay that for eggs” “I can’t afford this cheese!” “Bacon is breaking the bank!” “I’ll buy this olive oil, I guess, but it had better last a year.” And so on it goes. Very clearly, prices for the food I like have essentially doubled in two years. That’s not reflected in the CPI entirely but that index is a weighted average that is usually expressed in one-year terms. It does not tell you about the reality on the ground of the products you buy.
Sure, you can still snag all the foods you should not eat. Cakes, muffins, bread, cookies (sweetened with corn syrup), pasta, and rice are still affordable. But that’s all the stuff that has caused obesity rates in America to double in a generation. It’s the healthy things that are becoming unaffordable.
Let’s just tell it like it is. Our standard of living is being smashed. Already, we’ve lost two years of life expectancy in three years. This is pretty much solid proof of the underlying reality. In the old days, this is how we knew for certain that the Soviets were lying about their great prosperity. They were not living as long. Vital statistics pretty well always tell the truth. We knew they were poor based on this alone.
So too, our own vital statistics are telling us the truth that as a country, and really as a globe, we are losing ground fast. Everyone but the very rich. Excess deaths in 2022 are far higher than they were during the pandemic of 2020. They are deaths of despair, deaths from cancer left undetected, deaths from ill health, deaths from substance abuse, deaths from murder and suicide, and deaths from vaccine injury. Death everywhere. And the dollar is dying too.
The dollar of 1913 is now worth about $0.3. And there is no end in sight. They are talking about taking away gas stoves, gas cars, and gas everything, which is a certain path toward dooming billions to further impoverishment.
There are some very bad people running the world right now. They are not embarrassed about what they have done. There will be no apologies. No trials. No justice. All the people calling for Nuremberg 2.0 are wasting their breath. Watching the World Economic Forum last week, the bad guys are riding higher than ever.
More Lockdowns: The lockdowns of 2020 were a mere warmup. They have every intention of using this strategy for anything they want to achieve. It will be for the climate, for inflation, an economic crisis, a security crisis, another bug on the loose, food shortages, you name it. Lockdowns are the new word for public policy. They got away with it once, and they will do it over and over. People ask me if they can get away with it. The obvious answer is yes.
I was just at an international airport flying into the country and flying out on a connecting flight. It took about 90 minutes to get through the whole mess. During that time, I was subjected to several rounds of facial recognition photography, passport and document checks, a contact trace for Covid, drug-sniffing dogs, pat downs and body scans, and endless amounts of time in lines in which thousands of people from all over the world stood patiently creeping along and putting up with every bit of it, none of which achieves anything except surveillance and control.
And yet, it all worked. People do it because they want to get from here to there. If you want to get what you want in life, you comply. In fact, you comply with everything. This model will be tested in the future to the ninth degree. Those who say that they won’t go along never have any realistic plan for what they would do otherwise.
Those Classified Documents: Consider the incredible brouhaha about the classified documents found at the homes of Trump, Biden, and Pence. People were not shocked that Trump would be holding some but the revelations about Biden and Pence were a shock.
People pretend as if they have done something wrong but we might ask a different question: what is the deep state hiding? And why are they so intent on hiding it that they are happy to take down a sitting president and a goody-two-shoes VP from the previous administration?
How about a populist cry to de-classify these documents? We are supposed to live in a country with some transparency such that the people have access to the goings on with the government we supposedly control. Classifying things is not really about keeping foreign enemies in the dark. It is about keeping the people in the dark. It’s stuff we are not supposed to know.
What is so terrible that we cannot know? I’m guessing that there are some 60 years worth of secrets we are not to know, dating back at least to the assassination of John F. Kennedy and through the Vietnam War and Watergate and moving all the way forward to the Iraq War, 9-11, and the origins of the virus and the relationship between the CIA and big pharma.
I almost cannot believe I’m typing these words because I’m not of a conspiracy mindset. But with the opening of Twitter with Elon Musk plus the crack research team of Tucker Carlson, plus Substack, and many private newsletters, I’ve been enlightened as to the real nature of what’s going on.
If I were going to sum it up it would be as follows. There is a deep administrative state that is global in nature, built from public and private sectors, that deeply despises the idea of democracy and rule by the people. They despise it and want to get rid of it permanently and replace it with what we used to call fascism.
Free Speech: Will they succeed? The only thing that will stop them is an informed people. We are living in a slight window of time right now in which we can have access to information. The search engines are pretty useless, having long ago signed up to be agents of the administrative state. But we do now have the single most powerful research tool on the planet: the Twitter search bar.
Try it out. I’ve learned that anyone can find anything through this means. It’s pretty much all I use now. It’s like magic. Which is why they are going to try to shut it down. They will also try to shut down Substack and many other platforms too. The only way to prevent it is to spread truth far and wide while we have the chance.
Let’s return to the opening theme of our decimated prosperity. Firings in the tech realm are increasing and will certainly get worse. Back in 2008, Ben Bernanke set the U.S. on a course toward 15 years of fakery with zero interest rates. That massively distorted the financial sector, the corporate sector, and the culture at large.
This has all come to an end with the higher rates designed to get inflation under control. And yet prices are still rising some 6% per year so there is more to come and with it recession and more layoffs and bankruptcies. If the Republicans get serious about the budget and reform, they will allow the U.S. to test default on the debt. They should.
These days, financial and personal safety comes at a premium. I’m happy to see Bitcoin on the move again and gold and oil too. These strike me as the safest bets in the coming years as the corporate sector continues to undergo massive upheaval. Not to get too maudlin about it all but this really is a turning point in civilization. It seems like they want a new Dark Age. We cannot allow that to happen."
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