UN Secretary-General Blames Global Economic Crisis On Ukraine War
NATO governments and globalist institutions have put on a good show acting as if they hate Putin and the Russian advance in Ukraine, but the reality is that the war acts as an all encompassing distraction from the greater agenda at hand. It offers globalist organizations, western politicians and central banks a perfect scapegoat for the ongoing economic instability caused by THEIR policies.
As anyone that follows alternative economic knows, the stagflationary crisis that is escalating today was triggered well before the Russian invasion of Ukraine. Price inflation was hitting 40 year highs in December of 2021, months before the war started. Gas prices were skyrocketing long before sanctions on Russia were ever implemented, climbing from an average of $2.20 per gallon in November of 2020 to $5 per gallon in June of 2022. That’s more than a 100% increase in less than two years and most of it occurred before Ukraine was an issue.
What really caused stagflation? It’s a process initiated by central bank stimulus that the alternative media has been warning about for many years. The real culprits are central bankers and the politicians that align with them. The world has been awash in fiat money as a means to prolong economic corrections that should have been allowed to run their course a long time ago. Instead, bankers sought to artificially prop up the system and funnel money into “too big to fail” corporations along with the too big to fail stock markets. Now, of course, things are changing.
The inevitable Catch-22 dynamic has come into play – Central banks can continue to print and keep interest rates near zero, but inflation will rapidly expand, making all their efforts pointless as rising costs lead to plummeting demand…
…click on the above link to read the rest of the article…