Thu Oct 6, 2022 – 11:50 am EDT Story-at-a-glance: The Federal Reserve recently ordered another “super-sized interest hike” — the fifth rate hike this year — in what appears to be a hopeless effort to contain runaway inflation. Additional rate hikes are also anticipated. Some fear the Federal Reserve may be pushing us too hard, which could bring us from recession into deflation Data from the Bureau of Labor statistics report the highest annual increase in food prices since the 1970s, with the cost of food rising 10.9% in the last 12 months. Overall, energy prices have seen the highest increases, rising by 41.6% between June 2021 and June 2022. For comparison, the Federal Reserve’s annual inflation target is 2% As bad as the economic trend appears, that’s not all we have to contend with. Financial crisis historian Adam Tooze predicts several crises may converge over the next six to 18 months, including food crises, energy crises, pandemic outbreaks, stagflation, a Eurozone sovereign debt crisis and potential nuclear war Our current situation is not accidental. It’s not even the result of pure ineptitude. Once you understand the globalist cabal’s plan for a Great Reset, you
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