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Johnny and Joe time

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Most of the Inflation was caused 6 months ago by High Gas (was 128/barrel) and High Natural Gas (was 9.80)

https://www.barchart.com/futures The price of GAS is lower than before when things were not inflating. So why exactly are we fighting Inflation by raising interest rates. There is deflation due to LOW energy costs. All high interest rates do is inflate loans, rents, credit cards. So to fight inflation they increase inflation. NUTS The only result is a collapse from the artificial inflation from high rates and then people will lose their homes and cars and assets and cards to the banks. This being said, Rates should have never gone below 3 percent since inflation was around 2 or three percent. Rates were actually negative in Europe. The banks were paying you every month when you had a mortgage. NUTS The food inflation is caused by high rates and the closing of farms and burning down food warehouses and injecting animals with spike and killing animals that fake test positive for fake Covid and false Avian Bird flu and new Carbon taxes.


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March 15th 2023  







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