Lincoln said, "You can fool all the people some time, you can fool some of the people all the time, but you cannot fool all the people all the time." Jerome Powell has stated the Fed will "began to taper QE and raise interest rates" and "inflation is temporary"
While many environmentalists may care about ecology issues many of the elites behind the scene know apocalyptic scenarios from climate change are vastly exaggerated. The Big Green agenda is primarily about power and the promotion of Marxism and a one world government.
Reps. Alexandria Ocasio-Cortez, Rashid Tlaib and Ayanna Pressley have called for Federal Reserve Chair Jerome Powell to be replaced by someone who is a climate change activist.
Currently inflation is approximately 12.5% (using Shadowstats 1980 methodology). However, M2 money growth is currently 30%. Since there is an 18 month time lag, this implies inflation could hit 15% (official CPI or 32% Shadowstats) in 2023. This will exceed inflation in the 1970s.
In any given economy if the money supply is increased by 100%, prices will inevitably rise approximately 100%. Milton Friedman (1972), and Batini, Nelson (2001) published studies showing an 18 month time lag from an increase in money supply and the peaking of inflation.
Several Israeli government officials have said if U.S. returns to the JCPOA agreement Israel will go it alone against Iran. In 2015 a Joint Comprehensive Plan of Action (JCPOA) was agreed upon.
The peace we experience from our faith in Jesus surpasses any temporary peace the world can give. It can ease your deepest fears and soothe your troubled heart. "Peace I leave with you. My peace I give you. I give to you not as the world gives. Do not be troubled or afraid." John 14.27
Central bankers are not bankers. They are central planners who believe they know better than free markets. Central banks have trapped themselves into a corner. It is a trap with no escape, without causing a major economic crash. Boom and bust cycles cannot be stopped, only delayed.
Economics professor Steve Hanke, at Johns Hopkins University, believes commodities are seeing initial signs of a long-term bull supercycle. Supply is very constrained, and inventory is low, as the economy starts kicking in, commodity prices go way up as you start a supercycle.
Quantitative Easing is now conventional monetary policy. A total of 20% of the companies in the Russell 3000 are "zombie" companies whose debt servicing costs are higher than their profits. They are kept alive by borrowing. Boeing Co., Delta Air Lines, AMC Entertainment Holdings, Carnival Corp and Tesla are examples of companies who are not earning enough to cover their interest costs. We are at a fork in the road between disinflationary pressures and inflationary pressures.