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The U.S. economy is on a collision course with economic disaster. Is it being done on purpose or is this just a symptom of having an idiocracy in charge of the economy? Is it perhaps a combination of both factors?
Given my several years living and working in our nation’s capital, having seen the Washington bureaucracy up close, I generally lean heavily on the idiocracy explanation for our American economic death spiral. But recent events have made me reassess. Let’s take a look at what’s going on under the control of the current regime:
According to the current Consumer Price Index, inflation is now growing at something close to 1% a month. According to CPI metrics used in the 1980s, inflation is rising at an even higher rate.
BREAKING: U.S. inflation was up 6.2% in October over a year ago. That’s the highest inflation in 31 years.
Inflation was up 0.9% in Oct. alone, a much higher increase than 0.4% in Sept. and 0.3% in August.
Prices are rising for food, energy, shelter, used cars and new cars.
— Heather Long (@byHeatherLong) November 10, 2021
Over the course of COVID Mania, world governments, especially including the United States, have printed countless trillions of dollars in fiat “stimulus” cash. This rabid money printing was pursued on the grounds of nonsensical Keynesian Magic Money Theory principles, which declare that you can save an economy by debasing the currency and flooding the system with cash.
The incredible debasement of the currency has allowed the rich to become even richer and defeat inflation through investments in Federal Reserve-inflated institutions, like the stock market. Yet for those who cannot afford to invest, they are being crushed under the weight of the debasement regime. If you haven’t increased your fiat-calculated wealth by 15-20% or more this year, you’ve probably lost wealth.
Sure, we can go with the idiocracy argument when we examine people like Janet Yellen, the lifelong academic and former fed chair turned Biden Admin Treasury Secretary, who is, by all accounts, a true believer in Keynesian economics. Yellen, a central planner to her core, believes that she alone can manage an economy better than free market forces.
There’s also continuing evidence surfacing that several entities within the Biden Administration are purposely increasing our cost of living, and fully aware of the consequences of their actions.
In this 9-minute interview/debate on @GBNEWS, available in full on Twitter for the first time, I explain why COP 26 is not a progressive scientific conference but an anti-human, primitive-religious attempt to commit mass genocide. pic.twitter.com/sYNr5NzQfv
— Alex Epstein (@AlexEpstein) November 10, 2021
This is best observed in current U.S. energy policy. The White House has effectively put a blockade on new contracts for cheap and efficient natural energy production, leading to skyrocketing energy prices across the nation. Under the guise of “climate action” and “Build Back Better” statism, the government is doing its best to destroy a massive sector of the economy.
Build your own med-kit by filling it with various Med Packs of your choosing. You know what you need.
3 Things to Know About Biden’s Trip to “Fantasy” COP26 Climate Summit @Virginia_Allen5 @stevegroves https://t.co/8nv3ZNj6Oz pic.twitter.com/8Sc6IZR2L2
— Heritage Foundation (@Heritage) November 11, 2021
Obama’s Energy Sec once said “we have to figure out how to boost the price of gasoline to the levels in Europe.”
Recently Biden’s Energy Sec laughed when asked what could be done to lower gas prices.
High prices aren’t a side effect of their policies – it’s the intended effect.
— Thomas Massie (@RepThomasMassie) November 11, 2021
Holy shit. Take 20 minutes and listen to this podcast. People need to wake up to what’s going on rn. The government is using eminent domain to kick farmers off their land so they can build wind, solar and CO2 pipelines. Pure evil. Controlled demolition. https://t.co/kFD0csRR1T
— Marty Bent (@MartyBent) November 9, 2021
Moreover, the Biden Admnistration has elevated ideological radicals to top positions in the administration.
Comptroller of the currency nominee Saule Omarova is an out of the closet marxist (she was educated at communist Moscow State University, and wrote her thesis on Karl Marx) who is waging a direct attack on American energy industries, and is publicly advocating for a governmental commitment to their future bankruptcy.
Saule Omarova, Biden's pick for Treasury post, wants coal, oil and gas industries 'to go bankrupt' https://t.co/KzsU268G3q pic.twitter.com/VC4UNsGMJ9
— New York Post (@nypost) November 11, 2021
She is also firmly in the “you will own nothing and be happy” ideological camp, arguing that Americans should not have any sovereignty over their wealth.
Proposal by Biden’s Treasury nominee Saule Omarova:
"There will be no more private bank deposit accounts and all of the deposit accounts will be held directly at the fed" pic.twitter.com/ojQviX74Bz
— Jewish Deplorable (@TrumpJew2) November 12, 2021
The Federal Reserve has also massively contributed to the economic mess.
After all of this, I’m still not sure what to believe.
Remember, a government best controls its population and keeps itself legitimate through the maintenance of a healthy currency. If hyperinflation happens, this could certainly end up hurting the regime in charge and potentially lead to its downfall. If the dollar goes full Weimar, the government would greatly struggle to have the authority to maintain its power.
In the end, we’re probably dealing with a combination of deliberate implosion and a failure of central planning.
There are several competing power factions throughout the Biden Administration. Unfortunately, there are no signs of economic coherence anywhere to be found. There are no “responsible” actors in these meetings.
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This is why I’m so bullish on Bitcoin, which relies on the free market. The dollar, however, is entrusted to idiots and radicals, such as AOC, Joe Biden, Janet Yellen, and The Fed.
In the end, the idiocracy and the ideologues are achieving the same economic goals through either their incompetence and/or purposeful destruction. Their motives are unclear, but they will end up achieving a negative result anyway.
Image by Joe Biden via Flickr, CC BY-NC-SA 2.0. Article cross-posted from Jordan’s Substack.
Most “Conservative” News Outlets Are on the Big Tech Teat
Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.
I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.
The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.
We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), an Instagram profile (never made one), or a TikTok (no thanks, CCP). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.
Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would make the bold move. Today, only a handful of other major conservative news outlets have broken free from the Big Tech teat. Of course, we need help.
The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8
Our network is currently comprised of nine sites:
- NOQ Report
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We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.
Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.
While donations are the best way to help, you can also support us by buying through our sponsors:
- MyPillow: Use promo code “NOQ” to get up to 66% off AND you’ll be helping a patriotic, America First company.
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- MyPatriotSupply: Stock up on long-term food, survival gear, and other things that you’ll need just in case things don’t recover and we keep heading towards apocalypse.
We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).
Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.
Thank you and God Bless,
JD Rucker
Bitcoin: 32SeW2Ajn86g4dATWtWreABhEkiqxsKUGn
When preparing for societal collapse, don’t forget the water!
Duh. They couldn’t be making worse decisions if they set their minds to it. Ol’ Occams razor suggests they are doing it on purpose.
Nailed it…
“Is the Biden-Harris Regime Purposely Destroying the American Economy?” The answer is quitw simple: YES.
Great
Of course the economic destruction is deliberate! How could it be otherwise? In fact, ALL the destruction we see are deliberate Cloward-Piven strategies, all designed to overwhelm our resources, cut down the US to make room for the Globalists’ world government, the New World Order. After all, you can’t have an international tyranny if there’s still a free country with armed citizens. We are Gulliver being taken down by hundreds of Lilliputians, a slow death by a thousand cuts.
Planned demolition. A carryover from Obama. Every Western nation has bought into the Great Reset. We need to act NOW
The answer is YES!!!
Treasonous. He/they need to be removed ASAP.
Could not have totally hosed the American economy and better if it were planned that way. Hmmmmmmmmmmm…..
Is our current diminishing fiscal well-being a result of the rank stupidity of the kakistocracy in power now or a calculated Cloward/Piven strategy?
It’s Obama (& his OFA). He knows all the communists and whom to tell Joe to nominate. Joke is just following orders.
The infanticidal, totalitarian, Marxist Scamdemocrats voted to impeach Trump twice on fabricated scams. The self interest, self serving, spineless, backstabbing, Trump hating GOP RINO SWAMP RAT eunuchs lack the nerve to impeach Beijing Biden before he totally destroys America.
Yes they are. It should be quite obvious as usurpers turned tyrants. They must be removed per our Declaration of Independence and it’s addendum the Constitution.
It our duty and sacred rights to HANG them for their treason.
This is not a Biden-Harris administration. This is an administration puppeteers by Barry the Kenyan and Gyorgy Schwartz.
You keep writing about issues that your readers should know inside out by now. Stop telling us why the left is winning and give us some ideas about how to defeat the enemies of this country.
And your one idea is bitcoin? Yep, the good ole US of A needs a currency that can go from $10,000 a unit to $500 per in a heartbeat. What a great idea. Keep it up and none of us will be able to afford a bitcoin no matter how low the price.
All your connected publications keep telling us why the country is doomed. And then you ask for donations. Why should anybody give money to convincing doomsayers who offer absolutely no hope of resisting the forces destroying our civilization? You might as well be working for the enemy.
And thanks for nothing.
It’s both. It’s purposeful and helped along greatly by the fact that there is not one single person in this administration who is qualified or capable of doing the job they’ve been given.
You have to ask if we believe they are on purposefully destroying the economy? It is pretty obvious by now don’t you think?
duh. communism.
America’s decline is being managed by Obama….that’s all you need to know.
He’s fundamentally transforming America as he had promised.
Are Americans the dumbest people in the world? They sure ask the dumbest questions.