Everything Is Captured

We are gradually adjusting to the weird reality of what it means to lose trust. [Gilder's Daily Prophecy] January 26, 2023 [WEBSITE]( | [UNSUBSCRIBE]( Urgent Winter Warning From Jim Rickards [Click here to learn more]( I just recorded an urgent warning in the freezing cold of Baltimore to reveal a devastating scam that the radical Democrats are pulling on the citizens of Maryland here and countless other states. Because according to my research, Joe Biden has already set in motion a devastating series of events thanks to his party’s radical “Green New Scam” policies… Soaring resource costs, crashing markets, chaos on Wall Street… Nothing can be ruled out leading up to February 1st. But if you know what to do, you could “opt-out” of this winter nightmare… And happily heat your home and fuel your life while potentially 15X’ing your money in the next 90 days IF you know what moves to make… [Click here for all the details.]( Everything Is Captured [Jeffery Tucker] JEFFREY TUCKER Dear Reader, Last evening, I organized a talk, under the auspices of Brownstone Institute, by Dr. Pierre Kory, who has been on the frontlines in the battle over therapeutics now going on three years. Previously he was a quiet New Jersey medical doctor with a clinical practice. And he is a very good one: he treated me when I got Covid. But to his astonishment when lockdowns came, he could not get his patients what they needed. Seeing no one else stand up for what everyone knew — that there are repurposed drugs that work for respiratory infections — he threw himself into writing. He started noticing that the main journals were refusing to accept papers showing what everyone knew to be true. He further noticed that the studies supposedly debunking Ivermectin and HCQ were poorly constructed and designed to fail. At some point, he started getting calls from the U.S. Senate, Ron Johnson’s office in particular. He stepped up his game and went into full battle mode. His career started getting shaky. He was being leaned on and paid to shut up. He refused several different positions that made his silence part of the contract. I’m sure you know this, but the backstory is now firmly established. The vaccines would have a much harder time obtaining Emergency Use Authorization from the FDA if there were widely available and cheaper alternatives. Therefore, the normal therapeutics used all over the world came to be effectively banned from normal use in the U.S., UK, and other nations captured by Big Pharm. Horse paste, they said. This was a line from the Centers for Disease Control, constructed by the PR team which came to be celebrated inside the agency for garnering so many likes and shares. Never mind that the drug received a Nobel Prize and has saved millions of lives. The whole thing felt Orwellian because it is. What Is Civilized? In the course of all this upheaval, Dr. Kory really did stand out as a truth-teller. Today, he has finally found a way to practice medicine without being hounded and hectored by the captured agencies regulating his profession, who are now attempting to ban doctors who depart from the government line. He is now licensed under a Native tribe that no government can touch. I was struck by the ending because I have spent time in Mexico recently, with it’s remarkable mix of Colonial and Native heritage. It got me thinking very hard about fundamentals. What is prosperity? What does it mean to be civilized? Is freedom just a slogan or does it mean something in real life? We all know that life in the once-free U.S. is fundamentally broken. So many of the commanding heights of society are captured by government and its connected interests. This obviously includes mainstream media. But it extends far beyond that to all of big tech. And also academia. Nearly all the professions and their regulators are captured too. This is not just regrettable. In a crisis such as we’ve lived through for three years, it becomes a matter of life and death. In Mexico throughout the whole time, they had no big lockdowns and you could always buy Ivermectin at the pharmacy without a prescription. Not so here. We look around the U.S. today and still see the prosperity and the capital and the innovation. There are still skyscrapers going up in New York, for example. And there are still innovations in technology that are garnering billions in start-up capital. The stock markets still work and the banks are not yet entirely run by government. But one does wonder: how much of the prosperity around is due to the legacy we inherit rather than the current realities all around us? We are not yet a totalitarian society but we are far less free than we were just three years ago. The trendlines do not look good either. The ability of the population to control or even influence the decisions and judgments of the power elites running the system has become ever more elusive. Biden’s “Hush-Hush” Plot Uncovered [Click here to learn more]( Right now, Joe Biden – along with 9 of the world’s largest banks – have initiated [a disturbing new experiment with YOUR cash](. It’s called “Project Cedar” – and up to now it’s been kept fairly “hush-hush”… But in [this urgent new exposé]( you’ll discover critical details behind Project Cedar and what Biden’s master plan really is. [Click here to learn the critical details before it impacts your money](. Is the Economy Growing? Shocked by the presentation I heard last night, I began the day today by digging the through the latest GDP report. The headline number doesn’t seem half bad: fourth-quarter growth is annualized at 2.9%. Seems fine. But then you look more carefully. I’ll just quote the release: “The increase in real GDP reflected private inventory investment, consumer spending, federal government spending, state and local government spending, and nonresidential fixed investment that were partly offset by decreases in residential fixed investment and exports. Imports, which are a subtraction in the calculation of GDP, decreased.” None of this makes sense. Three levels of government spending more does not mean economic growth. It means sucking more capital out of private markets. If someone steals the radio from our car, we don’t cheer for improvement in our driving experience. Nor should we cheer when government spends more money as if that is making us richer. This ridiculous claim has been around since the 1930s and is somehow never corrected in the GDP calculation. The increase in private inventory is a good sign but note the main industry: oil and gas. This is happening to meet energy needs but it occurs in defiance of government’s own plans to somehow transition the world away from reliance on fossil fuels so that we can live off breezes and sunbeams, in the immortal words of George Gilder. As for consumer spending, check out the increase in consumer debt. It is awful. Spending funded by debt is not a sign of prosperity. [chart] As for imports, the idea that importing goods should subtract from GDP is absolutely nuts, if we are to believe that GDP is supposed to be some kind of measure of output. One would suppose that we would have graduated past late-19th-century notions of national autarky and realized by now that trade with other nations is a good thing but nope. Despite the headline number, then, this latest report does not give much reason to celebrate – with the exception perhaps of the booming oil and gas sector. That has to give every red-blooded skeptic of Greta Thunberg a distinct feeling of Schadenfreude. I’ve also noticed over the last two years that the data-collecting and data-announcing agencies of the federal government seem more and more politicized. We used to be able to count on them to be above it all. Now we see very subtle introductions of spin in them, and that is especially true with the labor numbers. No longer can one trust the headlines. You have to dig through the numbers yourself. So With Everything We are gradually adjusting to the weird reality of what it means to lose trust. We know they are lying. But we don’t know yet what the full truth is. That is a very odd situation in which we find ourselves, searching for facts and meaning but not knowing entirely where to find them. So much of what we once believed in has been shattered. It’s a terrible feeling. The future very much seems like an abyss. Still, my own advice I take from the ancient wisdom: stay close to those you love, find hope in immutable values, keep working to rebuild from the disaster, and remember that the future can be better if we take the right steps. This, sadly, is my last letter to this wonderful readership. I’m grateful for all the attention you have given my scribblings over 20 months. Let us go forth together with confidence that we’ll get through these times and find our way back to civilized life. Regards, [Jeffrey Tucker] Jeffrey Tucker P.S. Most Americans will be caught completely off-guard by this potential attack on their wealth. But today, you have a rare chance to learn the TRUTH about this plan… And how to save yourself – and even PROFIT from the fallout. [Click here to learn the truth NOW, before it’s too late](. Warning: Will “Bidenflation” Destroy Your Retirement? [Click here to learn more]( If you’re like most Americans, you’ve worked hard for decades to build your financial legacy. And now, as a result of Biden’s disastrous money printing policies, that’s all at risk. According to one top retirement expert, “Bidenflation” threatens to destroy your retirement and make your hard-earned savings worthless. That’s why you must take action right away to protect yourself… [Click here now to get the simple, step-by-step actions to survive “Bidenflation.”]( [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Gilder's Daily Prophecy e-mail subscription and associated external offers sent from Gilder's Daily Prophecy, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. 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