Fear Of The Second Wave

[border_humper]

Fear Of The Second Wave<!-- --> | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

This time last year, it seemed like we were just about finished with the terrible inflation of the Biden years that had trimmed at least 25 percent from the purchasing power of the dollar.

The hope has been for a year that the massive increases in money printing over the COVID years were finally done. As some put it, the snake had finally digested the golf ball.

Each time, inflation fired back up again, until it culminated in an inflation of the late seventies that changed life in America fundamentally. All along we’ve worried that the experience of the 1970s would repeat: three clean waves.
After that, two household incomes were more common than not, if only to maintain living standards.

The latest PPI print covering the month of February is sobering. The index for final demand rose 3.4 percent for the 12 months ended in February, the largest 12-month advance since increasing 3.4 percent in February 2025. That is double the forecasted increase. The most eye-popping number concerns prices for final demand goods. They increased 1.1 percent for the month.

Annualize the number and you get an incredible 13.6 percent, the hottest in more than 3 years. This is double-digit, which itself gets us into a strange psychological place. It kicks off panic buying and hoarding.
After each, monetary authorities presumed that the problem was over and that life could go on as normal.

Seen any panic buying yet?

 

[RightOfSask]

The index for final demand rose 3.4 percent for the 12 months ended in February ...

Annualize the number and you get an incredible 13.6 percent ...

Isn't hat number already annualised if it's for a 12 month period? Also percentages aren't additive, they are multiplicative.

 

[ChevChelios]

If the numerous crises of the 2020s are the result of general social decline leading to widespread incompetence among the elite then that's bad enough, but if they're being deliberately engineered to bring about the collapse of the existing system we are in for a world of pain

 

[brutana_dilewski]

It's pretty clear to me that they want to replace us with 3rd world slaves so they can restore their iron grip over the plebs of the world. The elites don't pay the price for this controlled demolition.

Thomas Sowell wrote something in one of his books about how the elites were indignant over the fact that Henry Ford's assembly allowed the common man to afford a motor vehicle. I had never thought about it like that before but now I realize that they don't like us being able to go where we want. They want to tie us to our location just like medieval serfs.

I was thinking about the Royal family the other day - "Don't they know that when the whites are gone, so will their wealth? Immigrants don't care about the royals, so you would think they would want to keep the UK white?"

Well, if the world becomes a police state, it won't matter. They will just put down any insurgents, doesn't matter what they look like. After all, only the government has the guns in the UK.

 

[ChevChelios]

It's hard for us as ordinary people to understand the grubby, zero-sum mindset that the elites have, because for most of us as long as we're doing well we don't mind that our neighbours are also doing well -- the more the merrier, right? But the elites are apparently filled with a burning resentment that anybody should be doing well apart from them. And when you go back centuries or even millennia into history you see examples of ruling elites forbidding the masses from wearing certain kinds of high-quality clothing, eating particular kinds of tasty food or even travelling freely. This evil mentality is ancient and despite our delusions of civilizational progress it has never disappeared, it's just that today it has been repackaged and sold to us as "eat the bugs", "rent your clothes", "15-minute cities", etc.

 

[Hirudinea]

Sowell is right, the automobile gave the average man more independence than he had ever had before in history, of course the elite would hate that. That's why I've said once self-driving cars are perfected, i.e. they don't kill more than one pedestrian a week, people will be banned from driving themselves "for safety", then owning your own car will go away, auto-Uber for everyone, and if your social credit score goes too low you'll have to walk, just like in the good old days.

 

[Hirudinea]

@ChevChelios

Some people are so empty and angry that the only way they can affirm their self worth is to see that they are doing much better than others. For these people the poorer others are the better they feel about themselves, and these people seem to be running society.