Global Currencies Are DYING! And Inflation Is About to Get MUCH WORSE. By Gregory Mannarino

From Greg M

PLEASE FEEL FREE TO SHARE THIS ARTICLE.

Global Currencies Are DYING! And Inflation Is About to Get MUCH WORSE.

By Gregory Mannarino TradersChoice.net

Know THIS right off… Central banks have no interest whatsoever in stopping global inflation from going much higher, NONE! ZERO.

The current fairytale being sold to an unknowing public via the mainstream propaganda ministries is this; “central banks are committed to getting global inflation under control.” Well, nothing could POSSIBLY be further from the truth. In fact, central banks are determined to see inflation on a worldwide level continue to rise- and here is the proof.

For many months now, the Federal Reserve along with many other central banks around the world have been raising the overnight lending rate, here in the U.S. this is referring to the (FFR), or Federal Funds Rate. The theory here is that by the Federal Reserve, and other central banks, raising their overnight rate it will cause rates overall to rise, which will in turn dampen demand. A slowing of demand, in theory, should cause inflation to drop- kind of like a “trickle up” effect. Well, for many months now the Federal Reserve in coordination with other central banks are doing just that, raising overnight rates. The Federal Reserve has been raising the FFR monthly, at every FOMC meeting for several months now, and yet inflation continues to go higher- (one definition of insanity is doing the same thing over and over and expecting a different outcome).

WAKE UP CALL…  what can we learn from this? A Logical conclusion here is that by the Fed. raising the FFR, it has no effect on slowing inflation.

I have explained to those people who follow my work on YouTube, from the time that the Federal Reserve began raising rates, that it would have NO EFFECT to slow inflation! in fact, I correctly stated that inflation would continue to surge higher. So, how did I know this?

ECONOMICS 101: Inflation is largely a product of THE LOSS OF PURCHASING POWER of a given currency! And not the overnight lending rate!

Central banks have been in a race to the bottom for years, deliberately sucking the purchasing power from their currencies via creating cash out of thin air and buying assets. It is this dilution of the overall pool of currency in existence which is responsible for skyrocketing inflation! Central banks in order to slow, reverse, or even possibly stop inflation, MUST stabilize the purchasing power of their respective currencies- but this will not happen.

Central banks are collectively committed to destroying the purchasing power of their respective currencies, and therefore cause inflation to rise. This global “phenomenon of skyrocketing inflation” will continue unabated until people are informed as to what is really going on.

PLEASE FEEL FREE TO SHARE THIS ARTICLE.