Hi Readers
So we have heard from the FED who is being cornered.
The lies and deceit that they have played out for so long is coming home to roost. The bottom line as we have said before unless interest rates are above the inflation rate inflation will continue to rise .
People/investors need to stop believing the bullshit the media is spinning as they are being played.
I say this because we have already seen 2 quarters of negative GDP and yet the government including the Federal Reserve refuse to call is as its is ( a recession).
So lets look at whats they are really concerned about?
Sure inflation is the after affect of what occurs before hand.
The biggest feeder to inflation is wage rises and every central banks is fully aware of it.
It's for this reason that central banks are moving aggressively to limit businesses from raising wages. By killing demand they are anticipating that businesses won't be able to offer wage rises.
Don't think that the central banks have your best interests at hand. they don't and if anything they simply refuse to acknowledge thats its there easy money policy that has created the inflation we are currently in.
Now we see all the countries who have serious inflation on a population recruitment drive. so whether your in the UK ,Canada, Australia or New Zealand all are after skilled migration which is wonderful. My question is what have they been doing for he last 10 years. as this policy was running for 8 years straight from 2010.
Inflation readers has grown a head and with that it is here to stay whether we like it or not .
Raising rates is only putting further pressure on the consumer nothing else. Its not dropping inflation so don't think that inflation will drop any time soon.
This post is for educational purposes.
Seek professional advise on the above.
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