WALL STREET WAKES UP TO THE INCOMING INFLATION TSUNAMI (7 NOV 2023)

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I have been warning about inflation since I started this channel in late 2015 even though most at the time saw no danger of it. The reason for that is that most MSM economists and central bankers have twisted the definition of inflation.

Inflation is a term related to currency and it means that once governments and central banks facilitate the inflation of the currency and credit in a debt-based system the currency will eventually be debased as the creation of currency outpaces the growth of the real economy.

Now though even Wall Street is waking up to the fact that inflation is not the CPI but the cause of higher CPI. The CEO of Blackrock recently admitted that deficit spending and the Federal Reserve's QE program are highly inflationary and that he does not expect inflation to subside anytime soon.