Thursday, November 11, 2021 6:09:33 AM
IMO at the crux of the biggest issues are the continued unlimited money printing that will have to continue to keep the House of Cards from collapsing. I think Biden is strongly considering to replace Powell with Brainard because she is even more dovish than Powell is.
The Banksters aren't stupid. They know the day of reckoning is coming with inflation taking off like it has they won't be able to sit on their hands anymore. As I said in an earlier post, the Dem. politicians stand to lose in a big way in the 2022 mid-terms, so they'll be pressuring the Fed to get inflation down. The Fed is powerless to do that now and the markets are finally figuring that out. I suppose the bigger question to be answered is will they be forced to raise interest rates BEFORE they want or are scheduled to do so. IMO they will. That will be very disruptive to the stock markets.
I'm not even going to get into the green energy movement or the stupidity of why everyone's gas or home heating prices are going to be much higher going forward. The post You made explains that issue pretty well. Energy is playing a very big role in this inflation problem.
We need to understand this inflation isn't contained in just the U.S. or Canada it's happening worldwide, so the problems it's causing is not just here. This continued inflation is going to change the thinking going forward and force the hands of the Banksters. That's going to cause big problems for them soon.
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