Subscribe to our backup channel http://bit.ly/backupchannellbry http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport the number of mentions of “inflation” during earnings calls more than tripling YoY per company so far, and the biggest jump in history. In fact, BofA had a disturbing report which warns that Inflation is "arguably the biggest topic during this earnings season, with a broad array of sectors (Consumer/Industrials/Materials) citing inflation pressures." The Bloomberg Agriculture Spot Index surged the most in nearly nine years, driven by a rally in crop futures. several comments from the recent release of the Kansas City Fed's April Manufacturing Survey suggest nearly every sector is paying more and needs to raise prices. “Stimulus and increased unemployment money are wrecking the labor pool. Lower-level employees are quitting to make just as much not working.” “Unemployed workers have no incentive to return to work given the bonus payments.” “Entry-level pay will need to be increased. This will create pressure on all other positions.” ... https://www.youtube.com/watch?v=AmZdUC22kK4

The question here is have we been defeated. The motivation for the question is as we ascertain the damage to the economy we notice despite the Stock Market's recent new highs corporate profits for S&P500 companies have plummeted nearly 50% this year and small businesses are failing at an accelerating pace. They worked hard to try to convince everyone that the worst of the economic collapse is behind us but the truth has always been the recession was so severe they opted to lie to us about the extent instead. Another indicator to the underlying health of the economy would be the emergency food bank demand. Demand for food banks has been apparent and many large food distribution centers are clearly warning the Great recession was a cakewalk compared to what we are actively dealing with. Lines at food banks across the US stretch on for miles and it would suggest that the record stock prices are actually irrelevant and that the Stock Market is not the economy. Many Americans are struggling and the record unemployment was all but certain to begin to seep into the data. Retail sales also slowed markedly in October suggesting that for many the fiscal cliff has already arrived. ... https://www.youtube.com/watch?v=W0pCMUFWVNc