Chris Martenson: Inflation Is About To Get A Lot Worse
Peak Prosperity, Released on 3/11/22
Inflation is busting out. The 7.9% reading the US for a yearly rate of inflation is but a minimum bid on the true reality (which is certain to be much higher than what the US government reports). The various powers that be are busy pointing their fingers in every direction but the right one; at themselves. The true source of inflation is excessive money printing and deficit spending. That is, the US Federal Reserve and federal government deserve 99% of the blame here. It was their policies that have brought us all here, not recent event in Ukraine. The past two years have been unlike anything in history on both fronts. It's time for everyone to let go of the idea that things will somehow magically revert to how they were before. Instead, we should begin planning as if several decades of really bad decisions and false ideas and fake narratives are finally coming home to roost, which they are.
Links:
https://fred.stlouisfed.org/series/WALCL
https://www.reuters.com/world/us/us-f...
https://www.cnbc.com/2022/03/10/there...
https://www.spglobal.com/marketintell...
https://markets.businessinsider.com/n...
https://bipartisanpolicy.org/report/d...
https://twitter.com/JKempEnergy/statu...
https://www.gobankingrates.com/money/...
https://www.clickorlando.com/news/pol... https://twitter.com/zerohedge/status/...
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Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course. Chris' latest book (co-authored with Adam Taggart) is called Prosper!: How to Prepare for the Future and Create a World Worth Inheriting
Chris Martenson: Inflation Is About To Get A Lot Worse added by Herman James on 03/10/2022View all posts by Herman James ?+'