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the New World Order Aka, Satan Soldiers — Food Price Inflation Accelerates for Seventh Consecutive Month…
Is it time to worry about food inflation?
The Food and Agriculture Organization’s Food Price Index rose for a seventh consecutive month in December, led by dairy products and vegetable oils.
The FAO Food Price Index averaged 107.5 points last month versus 105.2 points in November.
The benchmark, which tracks global food prices of cereals, oilseeds, dairy products, meat, and sugar, averaged 97.9 points for 2020, a three-year high, and a 3.1% rise from 2019 levels.
For those of you who care, Google and your favorite social media platforms have misled you, and now we all pay a heavy price for trusting the ungodly, Google and company, They knew exactly what they were doing, removing our history while preparing you to accept the New World Order playbook, Enjoy.
The global food index was still down 25% from its historical high reached in 2011.
Vegetable oil prices saw the most significant jump, up 4.7% month-on-month in December after surging more than 14.0% in November. The index was up 19.1% in 2020 over the prior year.
FAO explained that soaring vegetable oil prices are due to “ongoing supply tightness in major palm oil-producing countries. International trade was affected by a sharp hike in export duties in Indonesia. International prices for soy oil rose in part due to prolonged strikes in Argentina that impacted both crushing activity and port logistics.”
Cereal prices rose 1.1% from November and for all of 2020 averaged 6.6% over the prior year. The reason for the increase is that export prices for wheat, maize, sorghum, and rice all rose last month due to growing condition concerns in North and South America and the Russian Federation.
Earlier this week, we highlighted drought conditions materialized in Argentina resulted in corn (maize) prices trading in Chicago surging to 6-1/2 year highs.
Rome-based FAO said the dairy index increased 3.2% on the month, but for the year, it was flat compared to 2019.
The meat index increased 1.7% last month, while its average this year was 4.5% below that of 2019.
Everyone’s favorite permabear, SocGen’s Albert Edwards, who, unlike Goldman Sachs, is starting to worry about soaring food inflation, writes FAO Food Price Index been surging over the last few months.
With the FAO food index continually rising, Edwards notes that “annual inflation in cereals reached 20%, the highest annual rise since mid-2011 when the Arab Spring was in full flow! (see chart below).”
Edwards makes his feelings clear on who ultimately was to blame for the global tidal wave in food inflation back in 2011: “Despite Ben Bernanke’s denials that the Fed’s QE policies caused rampant food price inflation in 2011 (link), many economists such as myself believe that was absolutely the case.”
Edwards summarizes his concerns best with the following statement: “even in the richest country in the world, food poverty has become a real problem during this pandemic.”
This leaves us with the next imminent food inflation crisis as central banks are mindlessly injecting a record $1.4 billion in liquidity into capital markets every hour.
Soaring food inflation may result in social-destabilization; the question is where will it start?
Millions of Americans Without Jobs, Food Becoming Scarce, While the Federal Reserve Degenerates and Wall Street Bankers Travel in Private Jets
There Will Be a Hard Lockdown Very Soon Kashkari Says Only Way to “Save Economy” Is to Lock It Down “Really Hard” for 6 Weeks…
When rulers turned away from God, He would use evil spirits to discipline them (Judg 9:23; 1 Sam 16:14-15). This resulted in the disciplined person experiencing mental madness and murderous behavior (1 Sam 18:10-12; cf. 1 Sam 19:9-10). God used an evil spirit to bring about the military defeat and death of King Ahab (2 Chron 18:18-22).
Minneapolis Fed President (as well as former Assistant Secretary of the Treasury for Financial Stability under the Bush and Obama administrations, former PIMCO and former Goldman Sachs employee) Neel Kashkari said the only way to save American lives from COVID-19 is to fully lock down the entire nation and all of its inhabitants.
“That’s the only way we’re really going to have a real robust economic recovery,” the American banker told CBS’s Face the Nation. “Otherwise, we’re going to have flare-ups, lockdowns, and a very halting recovery with many more job losses and many more bankruptcies for an extended period of time, unfortunately.”
Kashkari said that the path of the economy would hinge on success in getting the pandemic under control, and suggested that while very unpopular, a stringent economic lockdown might be the lesser of two evils to more quickly restore growth and hiring, rather than waiting for the eventual arrival of a vaccine.
“I mean if we were to lock down really hard, I know I hate to even suggest it, people will be frustrated by it, but if we were to lock down hard for a month or six weeks, we could get the case count down so that our testing and our contact tracing was actually enough to control it the way that it’s happening in the Northeast right now”, Kaskhari said.
However, the truth of the matter is that the Federal Reserve banker just wishes to secure another stimulus package bailout for the Fed worth trillions of dollars in a last-ditch effort to prop up the economy one last time before it becomes fully blown out.
To top it all off, Kashkari believes he can convince the general public that having their businesses shut down and forcing people to stay at home with no pay will somehow get the economy bustling again when in all actuality the diabolic plan makes no sense and even JPMorgan now advising against a broad lockdown, to wit:
In our opinion, re-imposing city lockdowns at this stage might be not be the ideal solution to control infection, from a cost/ benefit perspective, especially for developed countries. Even for developing countries, an overall cost-benefit analysis indicates that, in a potentially bigger second wave, lockdowns may not be the ideal approach.
Even Bloomberg admits a new shutdown woutd be catastrohic, with strategist Richard Jones writing that “fresh lockdowns would hurt risk assets in a big way and would test the limits of policy makers’ capacity to enact fiscal and monetary stimulus.”
This will be bad news for equities in general, but it could be that the outperfomers during the initial economic shutdown would do so again (eg, tech, basic staples). In order for this to happen, however, it would require another round of unprecedented policy responses.
Force is now the only rule remaining in deep state-controlled America. Everything else has collapsed. There is no free speech, no fair trial, no system of justice, no reasonable expectation of human rights anywhere, no fair elections, no honest news, no honest Wall Street operations, no real public education, no clean food, and threats from the elitist, the power structure that is hell-bent on bringing the New World order into the reality of the sleeping masses, get woke or get yoked, the choice still lives in the people’s hands. Next, the AntiChrist will appear with many empty promises, peace, and security, in reality, it’s the yoking of mankind, We are on the Doorstep of the Great Tribulations…
I Believe The CoronaVirus Is a False Flag, The Virus Is REAL Man-Made Bioweapon. The Tribulation Has To Begin–China Plunge US Into Mighty Sea Of MAN-MADE Coronavirus For One Reason, The New World Order and The Battle Between Satan and GOD…
In my recent paper Why Assume There Will Be a 2020 Election?, I took the opportunity of today’s multifaceted crisis in order to revisit an important Wall Street-funded coup d’état effort of 1933-34.
As I explained in that location, this bankers’ coup was luckily exposed by a patriotic general named Smedley Darlington Butler during one of the darkest moments of America and profoundly changed the course of history.
In the story, a patriotic lieutenant discovers the plans for the coup which is scheduled to take place during a vast military drill whereby a President who is close to finalizing a de-armament treaty with Russia will be incapacitated in a bunker while a military regime takes over America.
Tragically, where the lieutenant is able to expose the plot and save the nation in the story, by the time of the film’s 1964 release, JFK had been deposed by other means.
Now 56 years later, history has begun to repeat itself with distinctly 21st-century characteristics… and a viral twist.
Everything is right on schedule and, now, the time is come to remove one of the final obstacles standing in the way of a New World Order: The United States Constitution – even if, over the course of many decades, it has already been greatly diminished by the B.E.A.S.T. system; or, more specifically, Bullshit Emerging As Strategic Totalitarianism (B.E.A.S.T.).
Source: HNewsWire ZeroHedge HNewsWire HNewsWire HNewsWire HNewsWire HNewsWire HNewsWire HNewsWire
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StevieRay Hansen
Editor, HNewsWire.com
Watchmen does not confuse truth with consensus The Watchmen does not confuse God’s word with the word of those in power…
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