“Truth is like the sun. You can shut it out for a time, but it ain’t goin’ away.” ~Elvis Presley
By Catherine Austin Fitts
After years of unprecedented monetary inflation and increased competition for natural resources, many areas of the world are experiencing significant increases in the cost of living. The Chapwood Index estimates that the real cost of living in the United States is increasing 8 to 13% annually.
I invited John Williams of Shadow Government Statistics (Shadowstats) to join me on the Solari Report to describe why government statistics on inflation, cost of living, employment and other economic statistics vary significantly from actual. John estimates that cost of living in the United States is increasing at 10% annually.
Understanding the facts of what is really happening in the economy can inspire you to create the strategies you need to navigate this environment successfully. Depending on where you live, you need to organize your budgets and business to reengineer continuously for the changes underway – including a rising cost of living.
In Money & Markets this week I will discuss the latest in financial and geopolitical news.
In Let’s Go to the Movies, I will review a new two-part documentary about Elvis – Elvis Presley: The Searcher. Narrated by Priscilla Presley and a series of gifted musicians and producers – Bruce Springsteen, Tom Petty, Emmylou Harris among them – this is a marvelous exploration of the traditions of blues, country, bluegrass, and gospel that fused in Presley’s artistry and the creation of Rock & Roll. This is a history of American culture in the 20th century seen through the genius of the best selling solo artist of all time. Seen through the eyes of the Memphis community, he is also considered to be the best neighbor of all time.
Talk to you Thursday!
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