Post by Admin on Jul 24, 2021 17:08:31 GMT -6
Originally posted to r/wallstreetsilver June 8 ,2021 - moved here July 24, 2021
TL;DR - I propose a counter attack for apes to spread to fight the current CPI narrative from the Fed, MSM and the Biden Admin by using their own fake numbers against them.
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The CPI will print this week reporting May values. Many are predicting a high value for the year-over-year (YoY) CPI and the Federal Reserve Bank (Fed/Powell), the Treasury Dept. (Yellen) and likely the entire administration, along with their MSM lapdogs, will continue to push their narratives of transitory, base effects and the latest bomb that "inflation is good!" when the numbers come out.
We, as strong, faithful, smooth-brained apes, know that inflation is not transitory. We know that CPI has been recalculated in both 1980 and 1990 to be suppressed. (Ask me why in the comments, that's worth a whole post on its own) We know that despite this re-calculation the current CPI is often shown on a graph going back to before the Great Depression and reported as "not high historically." We know about Shadowstats and the calculations shown there.
If you are unaware of some of these items, please ask questions. The below assumes that you are on board already.
So, having this knowledge and wanting to awaken the masses, how do we fight against the prevailing narrative in an effective manner? What data and case of our own can we produce as a contrarian view and be persuasive? I recommend using their own numbers against them...
They are using YoY numbers as the focus for two reasons. They are, quite honestly, the major value that lay people and the media focus on AND they have the built in "no big deal" storyline given to them by their own actions with the pandemic. The base effects narrative. These past few spiking, YoY prints can be explained away by blaming them on the 2020 crash. Doing so gives them a few more months of fooling the majority of the people.
To counter this, we must go forward with a solid narrative of our own, using their fake, suppressed numbers and creating comments, tweets, posts, threads, discussions and as much as we can with our own common baseline story. That baseline is the month-over-month (MoM) CPI narrative. It goes like this:
"Sure, some say that YoY CPI can be explained away by base effects due to the pandemic crash, but have you looked at the month to month numbers? Jan +0.3%, Feb +0.4%, Mar +0.6%, Apr +0.8%. If you add those up, that means we have +2.1% CPI over the first 4 months of the year. They are predicting +0.4% to +0.6% MoM for May and that would bring the total to +2.5% minimum which works out to 6% YoY for 2021 if the average level from these 5 months is maintained through December. There aren't base effects controlling this, just recent price increases. How do they explain that?"
This narrative works before the number prints to get people looking in the right direction. You can hit them with this additional nugget too -
"Of course, that's just taking the average increase and going to December. If the upward trend holds, then the YoY value could be closer to 11%! We will just have to wait and see the number though. They forecasted +0.2% last month and got +0.8%, so there could be a big miss."
If we get this idea out there tonight and tomorrow, then when the number prints Thursday morning and we already have our baseline case and what to REALLY look at out there, then it just becomes a simple math exercise to come up with actual MoM summation trends to counter the YoY transitory arguments. Follow up on your posts and such. Make new posts referring back to previous ones. "Now that we have the actual numbers, here is what we can see"...
From there you can lead into the knowledge base we rely on here - how the CPI has changed since the last time we had big inflation, what the real values show when you compare equal calculations and where a good inflation hedge can be found. Our numbers and those seeing and believing in our ideas will grow and our goals will be achieved faster. All it costs us is a little posting time.
TL;DR - I propose a counter attack for apes to spread to fight the current CPI narrative from the Fed, MSM and the Biden Admin by using their own fake numbers against them.
----------
The CPI will print this week reporting May values. Many are predicting a high value for the year-over-year (YoY) CPI and the Federal Reserve Bank (Fed/Powell), the Treasury Dept. (Yellen) and likely the entire administration, along with their MSM lapdogs, will continue to push their narratives of transitory, base effects and the latest bomb that "inflation is good!" when the numbers come out.
We, as strong, faithful, smooth-brained apes, know that inflation is not transitory. We know that CPI has been recalculated in both 1980 and 1990 to be suppressed. (Ask me why in the comments, that's worth a whole post on its own) We know that despite this re-calculation the current CPI is often shown on a graph going back to before the Great Depression and reported as "not high historically." We know about Shadowstats and the calculations shown there.
If you are unaware of some of these items, please ask questions. The below assumes that you are on board already.
So, having this knowledge and wanting to awaken the masses, how do we fight against the prevailing narrative in an effective manner? What data and case of our own can we produce as a contrarian view and be persuasive? I recommend using their own numbers against them...
They are using YoY numbers as the focus for two reasons. They are, quite honestly, the major value that lay people and the media focus on AND they have the built in "no big deal" storyline given to them by their own actions with the pandemic. The base effects narrative. These past few spiking, YoY prints can be explained away by blaming them on the 2020 crash. Doing so gives them a few more months of fooling the majority of the people.
To counter this, we must go forward with a solid narrative of our own, using their fake, suppressed numbers and creating comments, tweets, posts, threads, discussions and as much as we can with our own common baseline story. That baseline is the month-over-month (MoM) CPI narrative. It goes like this:
"Sure, some say that YoY CPI can be explained away by base effects due to the pandemic crash, but have you looked at the month to month numbers? Jan +0.3%, Feb +0.4%, Mar +0.6%, Apr +0.8%. If you add those up, that means we have +2.1% CPI over the first 4 months of the year. They are predicting +0.4% to +0.6% MoM for May and that would bring the total to +2.5% minimum which works out to 6% YoY for 2021 if the average level from these 5 months is maintained through December. There aren't base effects controlling this, just recent price increases. How do they explain that?"
This narrative works before the number prints to get people looking in the right direction. You can hit them with this additional nugget too -
"Of course, that's just taking the average increase and going to December. If the upward trend holds, then the YoY value could be closer to 11%! We will just have to wait and see the number though. They forecasted +0.2% last month and got +0.8%, so there could be a big miss."
If we get this idea out there tonight and tomorrow, then when the number prints Thursday morning and we already have our baseline case and what to REALLY look at out there, then it just becomes a simple math exercise to come up with actual MoM summation trends to counter the YoY transitory arguments. Follow up on your posts and such. Make new posts referring back to previous ones. "Now that we have the actual numbers, here is what we can see"...
From there you can lead into the knowledge base we rely on here - how the CPI has changed since the last time we had big inflation, what the real values show when you compare equal calculations and where a good inflation hedge can be found. Our numbers and those seeing and believing in our ideas will grow and our goals will be achieved faster. All it costs us is a little posting time.