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The recent weeks have brought more bad news in our continuing crisis.Let’s review some highlights:Record gas and diesel prices at the pump and in reaction, Biden-Harris canceled lease sales to the Gulf of Mexico and Alaska.Now the latest shortage, baby formula. We discovered that the government has stockpiled it to serve the illegal border invasion coming with the canceling of
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Never in the history of the world has the financial well-being of so many been tied to the economic competence of so few. Yet what emerged from the latest Federal Open Market Committee (FOMC) meeting (March 15–16) indicates a complete lack of the macroeconomic fundamentals.
When the Fed floods the country with new money that it created out of thin air, it corrupts the money in the same way that false weights did in the Hebrew Bible.
Are We at the Inception of an Inflationary Depression? It is an acknowledged fact within the circle of Austrian Economists that the Central Banks have to continuously rely on and actively indulge in the propaganda of Voodoo Economics to hide the extreme imbalances that they have created in the world economy. What lies in the decade ahead for much of the Western economies and most parts of the world is a prolonged period of high inflation combined with an economic depression. I should add that if one were to account for inflation correctly, even today, we are probably in stagflation (inflation...