Playing dumb after premeditated policies that injected massive currency creation into the global economy, does not make amends. Billions of people are currently suffering under high price inflationary outcomes and actions.
Following the preplanned and coordinated policies of major central banks 'Going Direct' in September 2019, the United States led the world in fiat M2 currency supply expansion on a percentage basis.
We are now suffering inflation rates likely in the mid-teens in real terms. Levels of price escalations not since the last time free-market gold forces pushed official US gold bullion reserve values higher than the then fiat monetary base outstanding in early 1980.
This week, Germany reported a producer price increase spike that, on a price chart, looks like something their Weimar forefathers constantly warned against reliving.
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