He wants Canadians to forget who is propping up Trudeau

Canada’s NDP leader Jagmeet Singh took Canada’s Thanksgiving weekend as an opportunity to virtue-signal on Twitter, where he blamed corporations and conservatives for causing “greedflation” that is gouging everyday Canadians at the cash register.

Meanwhile he single-handedly props up the government whose policies brought it about.

Not even Thanksgiving is safe from greedflation.

We need a parliamentary investigation into corporate greed and price gouging.

Help us force an investigation: https://t.co/jVeuKCe4RLhttps://t.co/FhvEOdnlqC

— Jagmeet Singh (@theJagmeetSingh) October 8, 2022

It’s not only disingenuous for Singh to be blaming Canadian businesses for inflation, he’s also trying to foist responsibility for it onto the Liberal and Conservative parties – as if the NDP is the blameless voice of reason in the room:

The reality is that it’s the Conservatives, and their newly elected populist leader  have effectively zero influence on policy in the House of Commons right now.

Why?

Because the Liberal government is literally kept in power by a coalition agreement with Jagmeet Singh’s NDPs. That agreement guarantees the Liberals will survive any non-confidence motions brought against them until their present term expires. That means that unless Jagmeet Singh himself, scraps this agreement, he, Jagmeet Singh, and not the Conservatives, much less Pierre Poilievre, is single-handedly keeping the Liberals in power. That means all the prevailing policies and their consequences are on him as much as they are on Trudeau.

It was the NDP who voted alongside the Liberals to enact the Emergency Powers Act in which the bank accounts of  “hardworking Canadians” were seized without due process. It was Jagmeet Singh’s NDP who then voted against a motion to overturn COVID mandates, and it was the NDP who voted against a motion to scrap the planned carbon tax hikes. That tax hike will triple the existing carbon tax, and that will also be paid for by “hardworking Canadians”.

(Trudeau, for his part, recently took a victory lap for increasing GST rebates on the heels of tripling the carbon tax. He wants you to thank him for giving you some of your own money back).

You’re giving them (some) or their own money back and taking credit for it?

— Mark Jeftovic, The C̶r̶y̶p̶t̶o̶ ₿itcoin Capitalist (@StuntPope) October 8, 2022

What really causes “Greedflation”?

For starters, the money supply (the literal definition of inflation) has doubled since the beginning of the Trudeau administration from 1.2T in 2015 to 2.4T today:

source: tradingeconomics.com

To be fair, the Canadian M2 money supply has been increasing steadily under all previous administrations, (because we live in a global fiat ponzi), but we can see that pronounced inflection point at the onset of the Covid pandemic. This happened worldwide as nation states blew out their respective money supplies by an aggregated 30 Trillion USD.

Against this backdrop, the Canadian dollar (alongside all other global currencies) has been in freefall against the USD – we’re witnessing the so-called “Dollar Milkshake Theory”, except it’s no longer a theory. As I covered in the most recent issue of my premium newsletter, it’s now The Dollar Milkshake Reality.

For many Canadian businesses, much of their input costs are largely denominated in USD. Their Cost of Goods Sold (COGS) is rising, and as they sell their finished products to Canadians, they’re receiving CAD, which is falling.

This, coming off of two-years of lockdowns in which politicians and bureaucrats picked and chose which businesses were “essential” and which weren’t. Small and medium businesses were squeezed hard and big box and platform megaliths, the kind whose CEOs rub shoulders with the likes of Justin Trudeau and Jagmeet Singh at Davos confabs, made out like bandits.

So the lockdowns are over, Covid is also over (like it or not), and the world it attempting to get back to normal. There’s only one problem. The rampant monetary and credit expansion in which the world’s central banks (Canada’s included) whose stated policies were to intentionally ignite inflation, finally got it.

But it wasn’t transitory, it’s now existential. We see glimpses of the stakes in places like Sri Lanka – where the populace overthrew their government, in Turkey – where the inflation rate is officially 90% and in Lebanon, where armed citizens have taken to storming banks to get their own deposits out.

The inside story of how Justin Trudeau and Jagmeet Singh struck a deal that changed Canadian politics.

Co-operation on the Emergencies Act turned out to be a test run the two parties needed to demonstrate if a bigger deal was going to become a reality. https://t.co/aDDwz3J9Ee

— Toronto Star (@TorontoStar) March 27, 2022

It hasn’t gotten to that point here in Canada, yet. But it’s certainly entertaining to be lectured to and sermonized on corporate greed by a millionaire socialist who happens to be the one person in Canada who could single-handedly bring down the current government. The same government who went along with, even led the charge, on deranged Covid policies that got us into this mess.

In case you were wondering what life under a CBDC will look like

By now, everybody is probably aware of the Canadian #FreedomConvoy and how GoFundMe, at the behest of the Mayor of Ottawa and Justin Trudeau, summarily closed their fundraiser, which had exceeded $10 million. They also announced that they would literally redistribute funds to other “approved charities”. Those approved charities would presumably be those mentioned by name by the likes of Trudeau (like the avowedly Marxist BLM, who have fundraising issues of their own owing to lack of financial transparency).

This kind of incident is a microcosm of exactly why the world needs Bitcoin, decentralized crypto-currencies and communications protocols.

Because we now live in a world run by collectivist technocrats. They sincerely think that what they believe should be rules and what you or I believe should be thought crimes.

On its own this would be merely annoying, having to perpetually deal with shrill, sanctimonious hysterics, perpetually shrieking in your face about things they want you to think and how they want you to live.

But it’s a problem when these people congregate around the choke-points of a centralized, bureaucratic technocracy and impose their personal neuroses onto the rest of society. Not only as policy, but as official canon on what is truth itself.

The final straw is when dissent is criminalized and plunder legitimized. When all actions against those dissenters are fair game, while any civil (and constitutionally protected) resistance is by definition reprobate, then we have arrived in dystopia. At the very least: authoritarianism.

Reality will always intrude…

The Fourth Turning people observe that the generational cycles oscillate between individuality and collectivism. By extension, right now we’re in a phase of peak collectivism. They’re not wrong, but I think that misses the overall progress of humanity. On a scale of individual autonomy and empowerment, the long term trajectory is always “up and to the right”.

Anybody reading Rothbard or Hayek knows that the construct of The State is more accurately a racket whereby small cadres of self-anointed elites appoint themselves the overlords of the masses. Rigging society so that the vast bulk of wealth accrues to themselves and any attempts by the rabble to defend their own interests increasingly fall outside the scope of what is permissible.

Slavery, let’s call it for what it is, became more subtle over the centuries. Physical slavery, the treatment of other people as property is now universally abhorred and those who undertake it regarded as criminals (except for everybody who fraternized with Jeff Epstein).

In the industrial era slavery had evolved into economic slavery. Debt is what kept the underclass in line and the entire monetary system was designed to perpetuate it. The thin scab of elites that formed The Establishment were by and large Cantillionaires for whom the rules were specifically constructed to benefit at the expense of wider society.

In the information era, the elites need a different type of slavery. It needed to be digitized. But their problem is that the inexorable push toward wider autonomy and freedom for all humanity threw them a curveball called “decentralization”.

As described so presciently in the Holy Bible of Crypto, with digital communications technology and encryption, the fundamental architecture of power changed, irrevocably.

Cryptographically Secured Hard Money Changes Everything

Elitist shills like Paul Krugman, et al, fail to successfully marginalize crypto using the same tired tropes (climate hysteria, criminals, right-wing, etc), thankfully to no real avail.

When all else fails they finally adjust their blinders and fall back to “there’s no use case”, that Bitcoin

Really?

GoFundMe just showed us two elite-class aspirations in one fell swoop: Confiscation and redistribution.

Needless to say Bitcoin fixes this.

Today it is GoFundMe. In the future, when central banks roll out Central Bank Digital Currencies (CBDCs), it’ll be all economic activity that falls within the purview of national and Supra-national government and bureaucracy.

When those days arrive, everybody who will be reliant on government economic entitlements will be enduring a type of neo-Fuedalism: veritably digital slavery.

Those MMT-ers who are promising you a cost-free UBI maybe not even realize themselves what the trade-offs will be that will come with it (aside from skyrocketing debt levels and hyper-inflation). Those will be the social credit hooks which will invariably be built into the CBDCs (or maybe it’s not a trade-off but a feature).

Biden’s failed nominee for Comptroller of the Currency authored a white paper called “The People’s Ledger” which called

“[for] a comprehensive reform of the structure and systemic function of the Fed’s balance sheet as the basis for redesigning the core architecture of modern finance. In essence, it offers a blueprint for democratizing both access to money and control over financial flows in the nation’s economy.”

Sounds benign, but what it really did was outline a blueprint for the complete takeover of the private banking system and would bake-in protocols for a compulsory investments and arbitrary deposits and withdrawals

Omarova’s run at the position is finished. Don’t think for a second the sentiment behind her People’s Ledger is.

But since we’re talking about Canada’s #FreedomConvoy, we can look at how the Bank of Canada’s white paper on CBDCs expresses enthusiasm around the same capabilities of “Smart contracts and the benefits of programmability”:

Sounds generic and non-biased enough. However take a look around. Those “certain attributes” and “certain conditions” may well end up being things like what Justin Trudeau, or whomever replaces zim thinks about your activities (or “unacceptable opinions”).

Donating to #FreedomConvoy? Listening to Joe Rogan Experience? Those aren’t approved activities. That’ll cost you some demerits.

You may not even know it’s happening, just that the GovCoin that hits your phone every month is not as much those other, more compliant, people. Or when you go to spend it, the prices adjust to different levels. That’s if  your GovCoin app even allows you to complete the purchase, after evaluating it against a scorecard devised by woke ideologues who think you’re fringe.

As for #GoFraudMe

The company initially put the onus on those who donated to request a refund, and would thereafter redistribute the convoy’s money to other approved charities.  Given the pushback (it’s basically theft), they have since announced they would refund all donations.

Personally, I will never donate via GFM again, not out of some cancel-culture based spite, but because they are demonstrably unreliable and willing to change the game on-the-fly (something that can’t happen in crypto).

From now on whenever anybody asks to raise money via GFM just tell them you’ve love to help, but given their past actions you have no assurances that your donation would actually go to its stated purpose. Instead of going toward helping some child with her cancer treatment it may simply be confiscated and sent to Greta Thunberg instead.

Offer to mail them a cheque directly or even better: send them some Bitcoin or other crypto.

I’m assembling with a team of cryptographers to create a new, privacy enhanced cryptocurrency for Canadians resisting tyranny: COVID today, and whatever the pretext will be in the future (climate alarmism, alien invasions, whatever). Sign up on the Bombthrower mailing list to remain in the loop as this progresses, and I’ll also send you a free copy of The Crypto Capitalist Manifesto when you do. If you want to get involved, you could also DM me on Twitter or Gettr

As the din of climate hysteria grows ever louder, the eco-pious and super-rich call for urgent and drastic action on climate change. Justin Trudeau, still licking his wounds from being outed for his multiple episodes of blackface and brownface, took more heat today as he’s criss-crossing the country ahead of the forthcoming federal election with not one, but two private jets.

As these calls for immediate climate action are accelerating, in fact we’ve seen numerous trial balloons floated from a complicit mainsteam media (or as Canada’a reigning Liberals call it “Approved Media”).

These trial balloons / admonitions include:

• Eating less meat, or no meat, or perhaps eat maggots or eat people, to reduce carbon output.
• Driving less, fewer cars on the road, ban on gas powered vehicles, to reduce carbon output.
• Have less children, or no children, to reduce carbon output.

And of course:

• Fly less. Let’s have fewer planes in the air, to reduce carbon output.

These guidelines are understandably hard sells for Joe Public, as many common people like to eat meat, or need a car to get to-and-from work, and children, as demanding as they can be, eventually grow up and can mow our lawns and do chores around the house.

So if we’re serious about drastic climate action, right now, before the world ends, we need to do something that has maximum bang for the buck, while disrupting as few lives as possible. This way, the rabble masses will see that our leaders and elites are serious and they have the will to take whatever action necessary to make this happen.

#BanPrivateJets

The top 50 countries in the world in terms of private jet ownership have a total fleet of nearly 18,000 jets. According to Statista, private jet ownership is soaring in most developed countries (as wealth inequality accelerates thanks to central bank interventions and 10 years of Cantillon Effects).

According to The Independent, the most popular private jet is the Cessna Citation XLS, which I believe climate alarmist Leonardo Di Caprio may be boarding in the picture below, having been shunted to the runway via a private helicopter…

A Cessna Citation XLS burns approximately 6,030kg of CO2 per three hour flight.

It’s back-of-the-napkin, but let’s say a typical jet does 4 legs per week, at 3 hour legs. We get:

17,947 jets X  6,030 kg CO2/flight X 4 flights/week  X 52 weeks = 22,509,845,280 kilograms of Co2.

Over 22 billion kilos of C02. Per year.

Of course, that estimate of 4 legs per week could be low. Elon Musk has a private jet that logged 150,000 miles in 2018. Enough to circle the globe 6 times.

But if we banned private jets, with immediate effect, no exceptions, very few working class and middle class people would be affected. In fact even upper class, lower-tier wealthy would be relatively unscathed. It would only affect the tiny sliver at the top of the wealth pyramid, the same ones who seem most vociferously adamant on drastic climate action now and who could best afford to make alternate arrangements for attending climate summits or other important events. The annual Davos summit could be held via Skype, for example.

Taking the important step now will set the tone for the coming, rapid and drastic restructuring of every aspect of our lives, and it will be an easier pill to swallow when the elitists driving this change are leading the charge by example. Be the change you wish to see! #BanPrivateJets

Update: Climate Champion Elizabeth Warren deplanes from Private Jet

Feb 4, 2020

Here’s Climate Champion Elizabeth Warren emerging from a private jet ahead of the Iowa Caucus on Monday. When she realizes she’s being filmed, she ducks behind a staffer. So brave!

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