December 2021

Everyone is talking about inflation. Fed is re-rigging the CPI again to hide increasing inflation. Strong economies create surpluses, not deficits. US is importing more and exporting less. Prices up on lumber and other commodities. Bitcoin stole gold’s thunder in 2021. 2021 was a great year for Bitcoin sellers, but not buyers.

Santa Claus rally comes early. Even Fed’s sugarcoated data shows inflation twice has high as their target. Gold may be turning its $1800 ceiling into a floor. Bitcoin pumps with risk assets. Record GBTC discount shows investors are losing interest in Bitcoin. Inflation will peak when people least expect it. Elon Musk wrote the biggest

Chinese imports have kept a lid on goods prices, but not services. Dollar will decline when foreign investors no longer want US stocks. We now have more inflation and less ability to deal with it than in the 1970s. US may soon trade used American cars for used Chinese bikes. The US Dollar is still

Elizabeth Warren blames inflation on greedy business owners. Producers aren’t price gouging. They’re being gouged. Fed should stop QE now, not just taper it. Retail consumers are buying less and paying more. Congress raises the debt ceiling $2.5 Trillion. History will judge Jerome Powell before his second term ends.

October and November see biggest back to back CPI increase of the year. 2021 inflation was worse than any year in the 1970s. Rigged CPI adds to government revenue. Jussie Smollett hangs himself with fake noose story.

Bitcoin continues to lose ground to Ethereum. Maxine Waters leads Congressional hearing on crypto. FDIC made banking less safe. Bitcoin competes with 14,000 other cryptocurrencies, but not the US dollar. Michael Saylor sails off the deep end. Bitcoin will lead to greater racial divide in wealth. Discount on Grayscale Bitcoin Trust shows institutions are not

Markets recover most all of their Black Friday losses. Fed can’t fight inflation without deflating inflated economic bubble. Data shows biggest drop in productivity in 62 years. Consumer prices are headed much higher. Real wages are headed much lower. Bitcoin is a lousy store of value in terms of Ethereum. Americans made real sacrifices during

Nasdaq suffers worst start to December in 20 years. Stay-at-home darling stocks crash with no bottom in sight. Covid is the gift that keeps on giving the Fed excuses. Real unemployment rate is much higher than 10%. Biggest fools now are those buying Bitcoin. Maxine Waters pats herself on the back for giving away other