LIONS... THIS HAS TO BE FIXED, AND FIXED NOW. (Above). This is the relationship between the CPI, (consumer price index), and the inflation rate. The red circle on the left is the last time we had a crossover which led to an inflation surge in the 1970’s. What reversed this inflation surge, was in 1979, then Federal Reserve Chairman Paul Volcker introduced a new monetary policy of high interest rates. In fact VASTLY higher. If you do follow my work, then you are aware I have been screaming from rooftops for quite a while now that THE LAST THING WE NEED is lower rates, like Sen. Elizabeth Warren and President Trump are now calling for.
Immediate action is needed now due to the LAG EFFECT. Even when Volcker raised rates in 1979, the effect of higher rates took time to take effect… we will have the same situation here.
WE NEED MUCH HIGHER RATES! BECAUSE IF ACTION IS NOT TAKEN IMMEDIATELY, what is about to happen here in the US regarding inflation, will make what happened last time in the 1970’s look like a walk in the park…
GM
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They’re gonna reset the entire system soon with digital currency. The game is over. They either kill the currency or collapse the entire stock/bond/housing/etc markets
I was there in 1979-1980s to see and FEEL the effects. In fact my first mtg in 1983 had an interest rate of 18%, so I understand well how this debt slavery works!