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Alert! Inflation & Shortages at Critical Levels

The User's Profile Chris Martenson June 15, 2021
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Video Description

The impacts to the average person from COVID will be dwarfed by the looming economic issues of inflation and shortages.

 

As your information scout, Dr. Chris Martenson will explain what inflation really is (so you can be smarter at parties) and explain where it really comes from.  Importantly, the Federal Reserve’s claim that inflation will be “transitory” is almost certainly wrong.  Inflation is risingcaused by printing too much moneyand will both exacerbate and be exacerbated by shortages.

 

Finally, in a global just-in-time economy, a missing critical raw or intermediate good can completely derail downstream manufacturing and delivery.  But those can be solved for rather easily.  Much more difficult are several missing components that potentially feed back into other critical manufacturing areas so that none can get going.  At least not quickly or easily.

 

Against this backdrop, the government continues to spend at record levels, creating record deficits, and the central banks continue to print and print and print.  All they can show for their efforts, for sure, is a record wealth gap between the ultra-wealthy and everyone else.

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Top Comment

Where did you find your NAC? I am having a very hard time finding it.
Anonymous Author by davidandvirginiamay
0
Start Here What Do I Do?