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Tuesday, December 14, 2021

Mohamed El-Erian: The Fed should recognize it was caught 'massively offsides'

 https://youtu.be/aapoUpmhjmc


*Inflation is a pricing game that lenders/banks play to sell more loans and for the empire grows. How many wars did America Start Win new territory to tax? zero and maybe one or two. The math does not compute for a favorable outcome for civilian life with fiat currency. The Fed has been played by some kind of entity. This entity has given the instructions of "now is the time to take the spike and drive it though for the next 9 years."
I predict in or around 2032, the federal reserve will lose reserve currency status and cryptocurrency will rise to a new global level.

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