I have a very bad feeling about things lately.
Right now, the yields on two-year and 10-year Treasury notes are at 4.065 and 4.17%, respectively — a difference of a meager 12 basis points (0.18% percentage points). That’s awfully close to an inverted yield curve.
The yield curve is inverting. Inflation is happening. (The prices I pay for groceries are skyrocketing.) The government is cranking up its crisis-mongering in regards to oil prices. Today, on the radio, all I heard were government claims to "protect us all" from evil price gouging, and, myriad warnings from the radio hystericalists telling us to not top off our gas tanks, to avoid driving unless necessary, etc.
Government always uses crises to divert attention away from its power grab, while trying to keep the unarmed citizenry at bay with threats of a lifestyle crunch. Sadly, the hystericals among us buy into it. Don't drive, don't eat, don't s__t - but do your part for national unity by bending over, and taking one "for the public good."
It frightens me to think that, on two occasions, when I saw local gas stations undercutting others' prices by about 10-15 cents per gallon, cars were lined up dozens deep to get their gas at the "cut-rate" price. At about an average of $1.50 savings per car, you begin to wonder what the hell these people are thinking. They'll piss away $2 on a cup of coffee or package of hostess snacks, but they'll waste time and essence sitting in a line that'll save them mere cents on the surface, with opportunity costs far greater. They are already giving way to the hysteria, and thus they are behaving exactly how the crisis-mongering rapscallions want them to behave. The followers among the masses are becoming utterly spineless; watch how they are grateful for any tidbit of alleged "protection," courtesy of the Great Protectors in government.
Whence you begin to wonder what it will take for the masses to understand the difference between true freedom and the propaganda machine that masquerades as the defender of existence?
