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The impact of ongoing inflationary pressure

The quarterly consumer price index rose 1.2 per cent over the September quarter and 5.4 per cent over the last 12 months. The quarterly result is higher…

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The quarterly consumer price index rose 1.2 per cent over the September quarter and 5.4 per cent over the last 12 months. The quarterly result is higher than the 0.8 per cent rise reported in June, however the annual consumer price index (CPI) headline figure has dropped from 6.0 per cent. The September results are still well above the 2 – 3 per cent target range. The Reserve Bank of Australia (RBA) has flagged that the return to target could be slower than their current forecasts. Additionally, they have clearly articulated that they will not hesitate to increase the interest rate further, should there be a material upwards revision to the outlook for inflation. ​

CPI Quarterly and Annual Movement

The most significant contributors to this quarter’s increase in CPI were fuel (+7.2 per cent), rent (+2.2 per cent), new housing purchases (+1.3 per cent) and electricity (+4.2 per cent). The rising cost of fuel is expected to be a cause for concern for some time to come with global conflicts causing a mismatch between supply and demand and as such, driving global oil prices higher. The RBA Governor introduced this concept of “shock inflation,” as a result of the current geopolitical issues. This could heighten the risk that inflation and interest rates could stay higher for longer. The rising housing prices are a result of new subdued demand and easing material costs. ​

Inflation is still on a downward trend having passed the 7.8 per cent peak in December. Whilst this is positive, the rate at which inflation is declining is cause for concern. The RBA’s central forecast is for CPI inflation to continue to decline until reaching the target range by late 2025. Recent figures are presenting the RBA with additional challenges, as they grapple with the idea that their central forecast may not be achievable in line with their expectations. As such, the RBA would likely be considering a further rate rise next month. ​

The latest CPI data has stirred general market speculation for a rate rise next month. ANZ and CBA, had initially priced in no additional rate rises, however, both banks have now changed their tune after the latest CPI read and are now forecasting a 25 basis point rise to come at the November board meeting. NAB had already priced in a November rate rise irrespective of the latest CPI figures. ​

Whilst inflation is slowly moderating, it is proving to be persistent and more prevalent both at home and internationally. The RBA is likely putting serious thought into a rate rise for Melbourne Cup Day.

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Decoding The Taxil Hoax: Part 2

Decoding The Taxil Hoax: Part 2

Authored by ‘Mr. E’ via bombthrower.com,

Follow Mr. E on Substack and Twitter!

In the previous post we…

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Decoding The Taxil Hoax: Part 2

Authored by 'Mr. E' via bombthrower.com,

Follow Mr. E on Substack and Twitter!

In the previous post we discovered that the true identity of Lucifer is Aphrodite, and what’s considered ‘Satanism’ or ‘Luciferian’ are the more extreme forms of worship of this goddess. Now it’s time to explore just what that is, how long it’s been going on, and what it means for us in the present.

For decades now, the world has been confronted with horrifying stories of ritual child sexual abuse, murder, cannibalism, elite pedophilia, and more. In the last decade we’ve had transgenderism shoved in our faces from every direction and made into a protected and privileged class. In some cases, disobeying the ludicrous demands of trans activists is now being met with arrest and police harassment. Groups are even lobbying to pass bills making the misgendering of trans people a crime punishable by massive fines and even jailtime.

What does ritual abuse and the exaltation of transgenderism have in common, and what do either of these things have to do with the goddess of lust and fertility? In this report you’re going to find out the ugly, depraved truth behind the Canaanites, a group of people who have worked for millennia to keep humanity in chains and have been far more successful than most will ever admit.

Let’s examine the practices of goddess worship, region by region, and see for ourselves what went on in ancient times, and what apparently continues today.

Mediterranean

In Greece, several more themes emerged in the worship of Aphrodite and Adonis. For instance, it appears Adonis was bi-sexual, loving not only Aphrodite and Persephone, but also Apollo. He played the typical male role when with females and would adopt female behaviors when with males.

This crossing of gender roles gets even more extreme with Aphrodite. In Cyprus, an island with both Greeks and Phoenicians living on it, a version of Aphrodite emerged called Aphroditus. This was Aprhodite in every sense except that ‘it’ had a penis and sometimes a beard! Later this god (dess?) became Hermaphroditus, a child she produced with Hermes, another of her lovers. Hermaphroditus was born a male but was fused with Salmacis, a nymph who lusted after him and wanted to be united forever. Another child Aphrodite produced with Hermes was Priapus, a male with an oversized and permanent erection. In the story of Tiresias, we find Aphrodite exhibiting the power to change mortals into the opposite sex.

While in Greece, the worship of Aphrodite never got more extreme than orgies and some doves being sacrificed in her name, things get a little more interesting in ancient Egypt. Their analog for the goddess was Hathor, and it appears her worship included the occasional orgy on drugs. The Turin Erotic Papyrus illustrates one of these events; people engaged in all sorts of sex acts while under the influence of the blue water lily. This lily contains an alkaloid that metabolizes in to apomorphine, a drug used today to treat erectile dysfunction and can cause persistent erections (priapism) in men. It also induces a euphoric state, with heightened sociability.

The papyrus dates to the 20th dynasty of Egypt, but use of the blue water lily appears to have been popularized in the 18th dynasty. King Tut was buried with a great many of these, and it just so happens that this is the dynasty that took over Egypt right after the Hyksos expulsion. The Hyksos were a tribe of Canaanites that conquered Lower Egypt and possibly introduced these drugged out orgies during their rule from the 15th to 17th dynasties. The Egyptians described them as “bloodthirsty”, and we will soon see why. After being introduced to the lily and its psychoactive powers, its use spread throughout Canaan and even into Mesopotamia.

Speaking of Canaan, it’s appropriate now to look at these people and just what they got up to in their worship of the goddess, because it’s quite relevant to what we see in elite society today. As already mentioned, their name for the goddess of lust and sexuality was Astarte, in Northern Syria it was Atargatis, and in Carthage it was Tanit. It’s in the Canaanite culture that we find ritual child sacrifice, a practice that extended to their colonies in Carthage and throughout the Mediterranean. This was done on an almost industrial scale, with special cemeteries called tophets being discovered with tens of thousands of urns filled with the burned remains of murdered infants and sometimes the animals that were sacrificed alongside them.

They practiced ritual rape as well. When girls reached a certain age, they were taken to the temple of Astarte to be raped by a man who paid the temple handsomely for that privilege. After this rite of passage, the girl was told she had been blessed, and was sent back home.

Also of importance was their celebration of transgenderism. The priesthoods of these goddesses, in order to reach the highest levels of their order, would ritually castrate themselves, dress as women, and take on women’s tasks.

These depraved practices were not the exclusive domain of the Canaanites, either. The worship of this goddess is found further eastwards.

Mesopotamia

Arriving in the Fertile Crescent, we find that this goddess was worshipped under the names Inanna by the Sumerians, and Ishtar by the Akkadians, Babylonians, and Assyrians. We find yet more evidence of the sexual depravity practiced by the Canaanites.

In Sumer, Inanna’s consort was Dumuzid, whom the Hebrews called Tammuz. Every year, the Sumerian King would perform the Hieros gamos, a sex ritual commemorating the marriage of Inanna and Dumuzid, in view of the public with one of the priestesses of Inanna. The ritual is described in a sexually explicit hymn preserved on a cylinder seal at the National Museum of Iraq. She would “bathe her loins” in preparation for the King and declare “O my holy thighs!” as they proceeded in the act together. The priests of Inanna, known as the Gala, underwent a transformation into females, taking on their traditional roles, and engaging in sodomy.

A Clay plaque. Mesopotamia (Iraq) Old Babylonian period 2000 BCE.

Herodotus also tells us of a Babylonian custom that required every woman to deliver herself to the temple of Ishtar where she will be placed among the other women, while a line of men walk by to inspect them. The first man to offer her any sum of money must be accepted, and she must go with him to be raped. Herodotus goes on to say that this ordeal is over quickly for beautiful women, but the comely ones sometimes remain for years waiting for their turn to be defiled. A similar custom also took place in Cyprus.

Pontic-Caspian Steppe

Heading north into the Pontic-Caspian Steppe, where today we find Ukraine, Western Russia, and Kazakhstan, we find the ancient nomadic equestrians, the Thracians. They had many religious practices involving their divine lovers, including ritual orgies, human sacrifice, and transgenderism.

Many of these customs were replicated by the Scythians who co-existed with the Thracians during the first millennium BC. The Scythians even practiced ritual cannibalism, and their highest and most powerful aristocracy was known as the Enaree. This was an orgiastic cult devoted to their snake-legged goddess of sex, Artimpasa. Like Aphroditus, this goddess was often pictured with a beard.

These priests were effeminate and androgynous. They performed women’s work, spoke, and dressed like women, and potentially even castrated themselves as part of their “transformation” into women. They may even have been sodomized by other men in sex rituals while pretending to be women.

Early in their history the Scythians invaded Canaan and sacked the temple of Astarte in Ascalon. The transgenderism of the Enaree was assumed to be a curse from the goddess who, as mentioned in the case of Tiresias, has the power to change men into women.

A similar transgender priesthood, known as the Galli, existed in Phrygia and were devotees of their own version of the goddess, Cybele and her castrated partner Attis.

An illustration of a shaman in Siberia, produced by the Dutch explorer Nicolaes Witsen in the late 17th century.

A less ancient people of this area were the Khazars and by all accounts they continued many of the same practices as the Thracians and Scythians. Their religion was called Tengrism, which included shamanistic practices while dressed up like an animal.

Marie Helene de Rothschild wearing the shaman’s antlers at the 1972 Surrealist Ball.

The Khazarians are rumored to have converted to Judaism in the 10th century CE, and some evidence does exist in support of that. This is, however, a contentious matter and camps on both sides continue to dispute whether this actually took place.

Marie Helene de Rothschild and her husband at the 1972 Surrealist Ball.

Nevertheless, the 1972 Surrealist Party, held by Baroness Marie-Hélène de Rothschild and her husband Guy at the Chateau de Ferrières, appears to have echoed many Khazarian cultural practices.

Abrahamic Era

Is it any wonder why, in the Bible, God warns the Israelites to never deal with or mix with Canaanites. Here’s but one of many quotes:

And when the LORD thy God shall deliver them [Canaanites] before thee; thou shalt smite them, and utterly destroy them; thou shalt make no covenant with them, nor shew mercy unto them: Neither shalt thou make marriages with them; thy daughter thou shalt not give unto his son, nor his daughter shalt thou take unto thy son. For they will turn away thy son from following me, that they may serve other gods: so will the anger of the LORD be kindled against you, and destroy thee suddenly. – Deuteronomy 7:2-4

Furthermore, the Bible warns of infiltrators not only into Christianity, but also into Judaism:

For there are certain men crept in unawares, who were before of old ordained to this condemnation, ungodly men, turning the grace of our God into lasciviousness, and denying the only Lord God, and our Lord Jesus Christ … Likewise also these filthy dreamers defile the flesh, despise dominion, and speak evil of dignities … Woe unto them! for they have gone in the way of Cain, and ran greedily after the error of Balaam for reward, and perished in the gainsaying of Core … These are spots in your feasts of charity, when they feast with you, feeding themselves without fear: clouds they are without water, carried about of winds; trees whose fruit withereth, without fruit, twice dead, plucked up by the roots; Raging waves of the sea, foaming out their own shame; wandering stars, to whom is reserved the blackness of darkness for ever … And Enoch also, the seventh from Adam, prophesied of these, saying, Behold, the Lord cometh with ten thousands of his saints, To execute judgment upon all, and to convince all that are ungodly among them of all their ungodly deeds which they have ungodly committed, and of all their hard speeches which ungodly sinners have spoken against him. These are murmurers, complainers, walking after their own lusts; and their mouth speaketh great swelling words, having men’s persons in admiration because of advantage. – The Book of Jude

The Sons of God Saw the Daughters of Men That They Were Fair, sculpture by Daniel Chester French. Corcoran Gallery of Art, Washington, D.C.

Behold, I will make them of the synagogue of Satan, which say they are Jews, and are not, but do lie; behold, I will make them to come and worship before thy feet, and to know that I have loved thee. – Revelation 3:9

Just who are these infiltrators that Enoch prophesied about? We must consult the Book of Enoch for that answer:

And Uriel said to me: ‘Here shall stand the angels who have connected themselves with women, and their spirits assuming many different forms are defiling mankind and shall lead them astray into sacrificing to demons as gods, here shall they stand, till the day of the great judgement in which they shall be judged till they are made an end of. – Enoch 19:1-2

A complete reading of the Book of the Watchers, in Enoch, reveals he’s talking about the Nephilim, children of the Fallen Watchers, angels who rebelled against God along with Satan; a thieving, murderous group of cannibals that also drank blood. In other sections of the Bible, it makes the connection between the Nephilim and Canaanites.

Aside from Jude, we have further evidence of the Canaanite infiltration into Christianity and the practice of their depraved rituals. Consider this passage about the sect of Borborites, who allegedly engaged in ritual orgies:

But even though one of them should accidentally implant the seed of his natural emission prematurely and the woman becomes pregnant, listen to a more dreadful thing that such people venture to do. They extract the fetus at the stage which is appropriate for their enterprise, take this aborted infant, and cut it up in a trough with a pestle. And they mix honey, pepper, and certain other perfumes and spices with it to keep from getting sick, and then all the revellers in this herd of swine and dogs assemble, and each eats a piece of the child with his fingers. And now, after this cannibalism, they pray to God and say, “We were not mocked by the archon of lust, but have gathered the brother’s blunder up!” And this, if you please, is their idea of the “perfect Passover.” – Epiphanius, Panarion, Chapter 26.5.4

This is not even the full extent of Canaanite influence over the ancient world, a whole book would be needed for that, but there is one last thing worth mentioning. DNA studies performed on the nearly 3,000 year-old Paracas skulls of Peru reveal they came from Syria – making these Canaanites the earliest transatlantic voyagers known, nearly two millennia before the Vikings. Should it be a surprise, then, that we also find human sacrifice, cannibalism, and ritual sex in Mesoamerica?

This discussion wouldn’t be complete without addressing the Catholic eucharist, either. For what more perfect evidence of the corruption of Christianity is there but the practice of eating the flesh and drinking the blood of a man-God? This is a very serious matter, as the doctrine of transubstantiation mandates that Catholics truly believe this is an act of cannibalism. Furthermore, spitting it out is known as ‘host desecration’, a sin so egregious that only the Pope himself can forgive the offender, or excommunicate them.

Pope Benedict XVI celebrates Christmas Eve Mass in St. Peter’s Basilica at the Vatican Dec. 24. (CNS photo/Paul Haring) (Dec. 24, 2012).

I would also be remiss to not mention the recent case of a “Gay Orgy” being organized by Catholic Priests in Poland that went horribly wrong. The event involved a male prostitute and “potency pills,” just like the drugged up Canaanite orgies of old, and ended with emergency services being called to tend to a man that had collapsed unconscious on the floor.

Present Day

These cult activities manifest today in many ways. Aside from the global phenomenon of ritual child abuse already mentioned, take the example set by Harry Hay. He was an LGBT activist, staunch defender of pedophilia, and acolyte of Aleister Crowley and his sex magick. Hay glorified promiscuous sex and sodomy as a path to spiritual enlightenment. The drugged orgies of old are now taking place as ‘chemsex’, a meth-fueled anal sex marathon. Satanic gay men and transgender women are found everywhere in the US government now. Rape, torture, murder, and cannibalism are being celebrated in art, most notably by Marina Abramovic who also hosts ‘Spirit Cooking’ sessions and parties with cakes shaped as people, that are chopped up and eaten.

Lady Gaga with Marina Abramovic

Can all this help explain recent events in the middle east? Consider the fact that Gaza was originally part of the Philistine States, separate from the Kingdoms of Israel and Judah. If the Zionists of today were truly seeking a restoration of the original Hebrew Kingdoms, they would have no interest in Gaza, or Ashkelon for that matter. The Philistines, today’s Palestinians, were not one of the nations the Israelites were told to displace in the Bible. In fact, Genesis 21 and 26 recount two separate treaties Abraham and Isaac made with them.

Gwen Stefani

The only thing that could explain the Zionists lust for the Gaza strip is that they are not, in fact, being led by Jewish sentiment, but Canaanite. The Philistine States are a part of Canaan, and the Philistines seem to have immigrated there from the Aegean Sea shortly after the Late Bronze Age Collapse, when the Canaanite societies would have been economically weakened.

Scene at the 1972 Rothschild Surrealist Ball.

Canaan is the lands extending across the entire eastern Mediterranean coast, from just south of Gaza, all the way to northern Syria. If the government of Israel were being run by Canaanites, their incessant conflicts with Lebanon and Syria now make perfect sense. They’re trying to re-establish Canaan, not the Hebrew Kingdoms described in the Bible.

Canaan according to the Bible.

This was not even being done in secret not too long ago. In 1939 a movement was founded by Palestinian Jews with the express purpose of re-creating Canaan. A group of Lebanese Nationalists also got involved in their own efforts to bring back this ancient national identity. In fact, it was recently discovered that the Lebanese people share 90% of their DNA with the ancient Canaanites. Culturally or not, Canaanites continue to exist to this very day.

Conclusion

Returning full circle to my article about the Taxil hoax, we can see that his fabrication includes many elements of truth. Practitioners of this depraved form of goddess worship do indeed engage in the very same activities he leveled at the Masons. Thus, this hoax served as a wonderful device to project this cult’s misdeeds onto other parties.

It should be remembered that Pope Leo XIII’s only complaint about Freemasons was that they were successfully advancing the idea of separation between Church and State, something enshrined in the First Amendment of the US Constitution. This Pope was, in a very real way, anti-American. He narcissistically saw anything that could diminish his control of nations around the world as ‘Satanic’ and wanted to rouse a reactionary movement against the principles of the Enlightenment that were spreading rapidly through Western society.

By a long and persevering labor, they endeavor to bring about this result – namely, that the teaching office and authority of the Church may become of no account in the civil State; and for this same reason they declare to the people and contend that Church and State ought to be altogether disunited. By this means they reject from the laws and from the commonwealth the wholesome influence of the Catholic religion; and they consequently imagine that States ought to be constituted without any regard for the laws and precepts of the Church. – Pope Leo XIII, Humanum Genus, Section 13.

I highly recommend reading The Apocalypse of Yajnavalkya for more information about this cult. Nothing else I’ve ever read more completely explores their history and activities. It tells you in detail exactly where these people originated and why they have such a seething hatred for the rest of humanity. This has been going on for far longer than most can presently imagine.

Nothing worthy of God is to be found in the acts of this demented group. They take their most base, animal desires and make rituals out of satisfying these urges. Rituals that can irreparably harm their non-consenting victims, leading them into lives of substance abuse, prostitution, depression, dissociative identity disorder, and other mental health issues.

We aren’t living in a world besieged by “the Joos” or “duh Freemasons”, it’s a nameless gang of marauding Canaanites and those they’ve tricked into adopting their ways by promises of wealth, power, and influence. It’s been a few thousand years and now is the time to unmask these traitors to humanity and pull the rug out from underneath them, permanently.

Related Posts

The Greatest Hoax of All Time

Decoding the Taxil Hoax: Part 1

Subscribe to the Bombthrower mailing list to get these posts as they come out, and follow Mr. E via his Substack and Twitter.

Tyler Durden Mon, 10/30/2023 - 23:55

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Yen & UST Yields Tumble After BoJ’s Mixed Messages, But…

Yen & UST Yields Tumble After BoJ’s Mixed Messages, But…

The market was well prepared for action from the Bank of Japan (BoJ) tonight…

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Yen & UST Yields Tumble After BoJ's Mixed Messages, But...

The market was well prepared for action from the Bank of Japan (BoJ) tonight after Nikkei reported the central bank's intent to consider another tweak to its yield curve control (YCC) policy.

Having moved from 0.25% to 0.5%, then to 1%, the Nikkei report prompted speculation that the central bank would raise the limit again, rather than abandoning YCC altogether, as JGB yields have traded up close to the 1% limit in recent days.

The report noted that "the second framework tweak in three months appears to have been deemed necessary as 10-year yields are approaching 1% amid a backdrop of rising U.S. rates" and added that the "BOJ is also likely to more flexibly conduct its JGB purchase operations... This, along with a more flexible cap on 10-year yields, is aimed at deterring speculators from targeting the upper limit and sparing the BOJ the need to buy droves of JGBs to keep rates under 1%."

However, consensus is that BoJ will stand pat as historically the BoJ has paid less attention to market expectations than, say, the Fed.

If USDJPY was anything to go by, it was starting to remove the odds of a BoJ YCC adjustment, as JPY weakened back from earlier gains on the Nikkei report...

As we detailed earlier, no matter what the BOJ does today, the decision is sure to move markets.

A policy hold could spur yen selling.

There’s a good chance, though, that a sharp move beyond 150 against the dollar would invite intervention by Japan’s authorities to defend the currency.

A tweak to the YCC parameters, such as lifting the 10-yield yield ceiling to 1.5%, could support the yen.

But any strengthening would probably be limited to at most about 145 against the greenback, given the upward tug on the dollar from relatively high US yields.

Additionally, The BoJ is expected to raise its inflation forecasts for both this fiscal year and next. This would likely bring Japan’s key inflation above 2% for three straight years, which of course leads to the question of why the BOJ still needs to continue with the current stimulus policy given its side-effects.

So what will they do...

Well, earlier today, Prime Minister Fumio Kishida was asked in parliament ahead of the decision whether the BOJ’s ultra-easy policy was weakening the yen and causing price rises. Kishida, whose approval rating just hit a record low dur to soaring inflation, said central bank policy aims to achieve and maintain stable prices. He added that the government should coordinate with the BOJ on macroeconomic policies.

And while the BoJ has released a policy statement at 12:06pm Tokyo time on the average since the introduction of yield curve control in 2016, today the BoJ released its statement at 12: 27pm Tokyo time (exactly one standard deviation late to its norm) and kept rates unchanged:

BoJ maintains NIRP at -0.10% and 10yr JGB yield target at 0% but makes what was formerly a hard cap of 1% on yields into a reference range of 100bps up or down, vs the previous target of 50bps, thus making YCC even more flexible. The BoJ also says:

  • Will regard upper bound of 1% for 10yr JGB yield as reference in market ops.

  • Decision on YCC was made by 8-1 vote with Nakamura the dissenter.

  • Decides to make YCC more flexible.

  • Japan's inflation outlook is overshooting but due largely to prolonged rises in import costs.

  • Will guide market operations nimbly.

The most important changes of these is the BOJ's description of the 1% rate as "a reference", which sounds similar to the July 28 BoJ meeting, when Governor Kazuo Ueda made his first surprise move by maintaining the 10y yield target at 0% but said its 0.5% ceiling was a reference point and not a rigid limit. Back then, the BoJ offered to buy bonds at 1% and the JGB 10y yield was up 0.15% over the following week.

Likely, the BoJ would allow 10y bond yields to creep higher with potential rinban operations risk if the 10y bond yields advance higher much too quickly.

Additionally, the BOJ has also decided to abandon its daily fixed-rate bond-buying operations, its major tool for impacting rates, citing the “large side effects” it might entail. The BoJ also raised its economic growth but more importantly, its inflation forecasts...

... which means that all else equal, Kishida's approval rating is about to become even worse!

This is mainly due to the prolonged effects of a pass-through to consumer prices of cost increases led by the past rise in import prices and the recent rise in crude oil prices. Toward the end of the projection period, the Bank expects that underlying CPI inflation will increase gradually toward achieving the price stability target of 2 percent, while this increase needs to be accompanied by an intensified virtuous cycle between wages and prices.

Still confused? here is the BOJ's trademark "explainer" for what today's decision means. The bottom line is that the 1.00% cap is officially gone and instead the BOJ will allow 10Y rates to rise above the former hard limit at which point it may or may not engage in "nimble market operations."

Source: BOJ

The initial reaction to the BoJ's moves implied a less hawkish than expected statement, prompting JPY weakness, breaking back above 150/USD...

JGB yields tumbled back...

And so did 10Y UST yields...

However, as UBS trading desk explains:

My interpretation of the changes are that the previous YCC target of 0% +/-50bp was the loose target, allowing 10y JGB yields up to 1%, where it would conduct daily fixed-rate purchases if needed.

Now the operations will not necessarily be at 1.00%: "The bank will determine the offer rate for fixed rate purchase operations each time, taking account of market rates and other factors."

Effectively the BoJ has raised the yield cap without saying where it is - still trying to let the markets find the natural balance of supply and demand whilst keeping a lid on bond vol

So nothing would surprise us more than to wake up in the morning and see all this reversed.

Finally, Bloomberg's Gearoid Reidy asked a fascinating question: does the BOJ actually want to control the yield curve?

The statement says:

"It is appropriate for the Bank to increase the flexibility in the conduct of yield-curve control, so that long-term interest rates will be formed smoothly in financial markets in response to future developments."

That’s just... the market, surely? Where is the control? Does YCC even effectively exist anymore?

How long  until the market realizes that Japan's legendary YCC no longer actually exists?

Tyler Durden Mon, 10/30/2023 - 23:40

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Bidenomics: Typical US Family Would Pay $9,100 To Comply With ‘Dream House’ Climate Wish List

Bidenomics: Typical US Family Would Pay $9,100 To Comply With ‘Dream House’ Climate Wish List

The Biden administration’s war on fossil fuels…

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Bidenomics: Typical US Family Would Pay $9,100 To Comply With 'Dream House' Climate Wish List

The Biden administration's war on fossil fuels would cost the average American household more than $9,100 per year, according to a consumer watchdog.

The Alliance for Consumers took an infographic from the Biden White House titled "Biden's Dream Home," which proposes new energy standards for various appliances, including air conditioners, stoves, washing machines, while the Department of Energy's so-called Unified List of appliances includes microwave ovens, dehumidifiers and pool pumps.

"Welcome to Biden's Dream House, where the American dream just got significantly more expensive," the group wrote on X.

According to the consumer watchdog, gas furnace efficiency standards which will "significantly reduce greenhouse gas emissions" for residences (according to the DOE), will cost consumers an estimated $494 additional on average, while dishwasher efficiency standards will cost somewhere between $50 and $400 to comply with, because the proposed rules will lead to drainage problems and clogging.

Sears Kenmore washing machines are shown for sale inside a Sears department store in La Jolla, Calif., on March 22, 2017. (Mike Blake/Reuters)

The rules targeting air conditioning units will cost around $1,100 to comply with.

This year, the Department of Energy (DOE), the Environmental Protection Agency (EPA), and the Department of Transportation (DOT) have announced a range of proposed rules that will make household appliances more expensive and, as some experts contend, are designed to force Americans to give up their current appliances.

For example, under the DOE's proposed natural gas stove rule, an estimated 90 percent of gas stoves would have to be redesigned, with reduced performance and raise the upfront cost of stove products by around $32 million per year. -Epoch Times

New rules for water heaters will cost consumers an average of $2,800 more, while everything from ceiling fans, washing machines and light bulbs will also add to that $9,100 total.

"It's just spreading to more and more appliances. It seems that almost everything that plugs in or fires up around the house is either subject to a pending regulation or soon will be,"  Ben Lieberman, a senior fellow at the Competitive Enterprise Institute, told Fox News.

"Consumers aren't going to like any of it. These rules are almost always bad for consumers for the simple reason that they restrict consumer choice."

Tyler Durden Mon, 10/30/2023 - 22:40

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