To make full sense of what we are experiencing now worldwide we have to consider we are in a place similar in many ways to what the U.S. was like during World war II. First, we are on a war footing. It's True the war has not so far moved into Europe like it did during World war II but that could actually happen at any moment because of the craziness of Putin in all of this. We cannot believe that he is going to be satisfied with just Ukraine as this war slogs on and on and on.
Then we have experiences like the Flooding in California that reminds me a little of the 1862 California flood that turned a Cattle State like Texas into a farming state because all the cattle were washed out to sea on the Sacramento River from Redding South to Sacramento, Stockton and into the San Francisco Bay then in 1862.
Also, then the Capitol city of Sacramento was underwater (at least 6 feet deep) for around 6 months so they had to move the California capitol to San Francisco because it is very hilly and up from the water of the ocean so not in a flood plain like Sacramento or Stockton or Redding or Red Bluff or Williams and other cities along the Sacramento River. In 1862 the SAcramento River was 20 miles wide by the way.
So, if you are worried and live within 10 miles of the present Sacramento River and are in the flood plain you and your home could be underwater IF it gets like it did then again. This is something to seriously consider at this point in how things are presently going.
For example, the Monterey Peninsula might be cut off by roads from any direction within the next few days simply because the Salinas River is at flood stage or above now until the 16th of January and highway 1 down the coast to Big Sur is closed possibly for the season. However, eventually the flooding of the Salinas River will end (hopefully) within the next month or two depending upon how many new storms put water in the river from Paso Robles to the mouth of the river near Salinas and Moss Landing on the coast.
To underestimate the cost of Covid by the way is to mislead oneself. We lost many more people to Covid than we did during world war II for example,
Here is the death chart for Americans and others in World war II:
Begin partial quote from:
https://www.google.com/search?client=firefox-b-1-d&q=how+many+americans+died+in+ww2
| Country | Military Deaths | Total Civilian and Military Deaths | |
|---|---|---|---|
| Soviet Union | 8,800,000-10,700,000 | 24,000,000 | |
| United Kingdom | 383,600 | 450,700 | |
| United States | 416,800 | 418,500 | |
| Yugoslavia | 446,000 | 1,000,000 |
How many Americans so far have died from Covid?
According to the New York Times reported up to today we have now lost 1.1 Million Americans to Covid.
They are presently dying at a rate of 400 or more a day or 146,000 a year at present.
However, this is sort of a lie because what about all the people who died of Covid before being tested for Covid. I figure we have about 5 to 10 times more people who have died of Covid in the U.S. than have been reported simply because in order to be counted as dying of Covid you have to be tested for Covid Before you Die!
So, the real number of people dying of Covid is 5 to 10 million People here in the U.S.
Now, Compare this to the deaths in World war II and you can see what I'm getting at.
In other words, we have been hit with something 10 to 20 times worse (death wise) than world War II was to the United States!
Then you add the War in Ukraine and you begin to see how we need to be thinking about all this like we thought during World war II.
And maybe we need to see this more like World War III because we don't know where all this is going now either.
So, because of all these factors there is nothing really the Fed can do to stop inflation.
But, it's also why the U.S. is doing so much better than any other countries on earth because at least WE have the FED to try to mitigate inflation whereas most countries don't have that luxury!
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