
Now, add to this mess, we are staring in the face of a total collapse in the confidence of central banks. They have nothing they can do about this type of inflation. Raising rates will have ZERO impact upon shortages other than making them worse. The Fed can keep raising rates until they hit 20%. All they will do is bankrupt more companies in the supply chain, bankrupt emerging markets, and in the end, the shortages will get far worse and prices will soar.
We are facing the total collapse of any confidence in government I suppose this is part of the computer warning that 2022 is a Panic Cycle Year in politics. Even the WEF crew has lost control. As an EXXON Gas Station boldly posted: “YOU ASSHOLES VOTED DEMOCRAT” and we now see what we will get when the only agenda is Climate Change.
Read more at: ArmstrongEconomics.com
Freedom Convoy trucker protests highlight struggle between freedom and a “Great Reset”
By Ethan Huff // Share
Romania’s largest soccer club bans vaccinated players because they keep dropping dead
By Ethan Huff // Share
It’s official: Moderna created Covid-19 in order to grift billions from “vaccine” sales
By Ethan Huff // Share
Oil Shock to Dollar Collapse: The Catastrophic Global Consequences of a U.S. Attack on Iran
By healthranger // Share
UK police consider AI "predictive policing," sparking fears of a surveillance state
By isabelle // Share
EPA faces lawsuit over approval of toxic "forever chemical" pesticide
By bellecarter // Share
U.K. prepares for conflict as VETERANS called up to the country's reserve forces
By zoeysky // Share