We all know that trade will cease for some time as the merchants lament from far off at the demise of modern Egypt's great cities. No one will be safe on the high seas. Likely because of the threat of tsunami. Only those who are led by one in power and authority will be able to go up to Zion (across the waters). La Palma may be part of the reason. The East Coast will be swept clean.
Great are the words of Isaiah:
https://www.isaiahexplained.com/23#commentary
Enjoy! And please raise the warning voice since the calls from the watch tower are not happening....
They have increased the money supply by 50 percent in the last 4 months. They are projected to have it increased by 60 percent by the end of the year and to be printing a trillion dollars a week early next year. This is the final push to destroy the dollar.
ReplyDeleteDepends on whether they keep Powell around or not. He plans to scale back soon (taper, which has its own ramifications). If they replace him, it will be with someone who will crank up the printers to maximum speed.
DeleteI recently saw a finance commentator who said that if you paid attention to what the Fed was concerned about a couple years ago, it was massive deflation, not inflation. The bankers prefer a certain amount of inflation. It's very possible that the shipping crisis was manufactured to tilt the balance toward inflation. If you look at how bureaucrats have made the port and supply chain crisises worse, there certainly seems to be some merit to that observation.
Depends on whether they keep Powell around or not. He plans to scale back soon (taper, which has its own ramifications). If they replace him, it will be with someone who will crank up the printers to maximum speed.
DeleteI recently saw a finance commentator who said that if you paid attention to what the Fed was concerned about a couple years ago, it was massive deflation, not inflation. The bankers prefer a certain amount of inflation. It's very possible that the shipping crisis was manufactured to tilt the balance toward inflation. If you look at how bureaucrats have made the port and supply chain crisises worse, there certainly seems to be some merit to that observation.
https://youtu.be/BBFCpHihE5I
ReplyDelete