The post-pandemic economic struggle was not a foregone conclusion. The inflation driven by govt spending (demand) would have settled naturally if left alone. It was/is the intentional Build Back Better agenda -targeting energy (supply side)- that exploded economic turmoil.
Central banks & Fed have raised interest rates into a global economy that is already contracting due to the new western world collective energy policy (BBB).
Interest rates can only impact demand side. Demand was/is already dropping. Hence, contraction or recession increases.
The economic contraction is intended. The aligned central banks & Fed actually want a drop in economic activity and a global recession. It is the only way their action can support the Political and WEF coordinated political policy side.
By forcing the economy (nationally and globally) into a contraction, they reduce energy demand.
Out of work people don't buy stuff. Manufacturing and businesses slow/stop producing. Demand overall drops.
This outcome reduces use of energy. Which is the goal during transition.
When the economy shrinks, oil prices drop, energy prices drop, people and businesses use less resources.
The bankers are supporting the goals of the policy makers by contracting economic growth and dropping the demand on energy.
When the economy shrinks, oil prices drop, energy prices drop, people and businesses use less resources.
The bankers are supporting the goals of the policy makers by contracting economic growth and dropping the demand on energy.
The central banks and Fed will deny this. They will deny their intent is to drop economic activity, because to admit that plan is to reveal their agenda. They will continue pretending, using the justification of their targeting inflation. It's a ruse.
The banks say they are trying to control inflation, but it's the energy policy creating the inflation, not demand. They know this. They know this to a certainty. Yet, they must deny this.
They are intentionally managing, & simultaneously creating, a purposeful global recession.
The bankers' instructions from the WEF are to reduce energy demand by managing the global economic decline.
That is what is happening, and why people are suffering.
This showcases the "western govt" entrenched and collective commitment to global climate change.
Once the bankers can get the economic activity lowered, their next phase of the managed energy transition is to step in and replace the missing economic activity with more govt spending.
You have to understand how these WEF people operate.
The jobs, businesses and workers who will suffer from the purposefully created recession, will need support to survive.
That's where the next round of govt spending and bailouts come in. It is a self-fulfilling prophecy.
This is what CB's/WEF/Govt call "managing the transition."
Banks: Raise rates. Lower economic activity. Drop energy demand.
Govt: Spend on BBB. Use bank caused drop in energy demand as bridge period. Spend on subsidies to replace collapsed economic activity they created.
This is all being done by design. Economic collapse is a feature, not a flaw of the transition.
The transition period will extend for many years, perhaps decades. It has only now just begun.
/END
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