Stagflation for the new world and economy
Slow economic growth combined with slowly rising commodity prices and underemployment all play into the stagflation narrative. There is a distinction between stagflation that we saw in the 70’s to the stagflation that we are currently experiencing. Chris Temple outlines the segments of stagflation and relates to what this “new economy” is experiencing.
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This is my safe place.
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IMF Proposed a Capital Levy – Tax on Money in Bank Accounts & Raise Property Taxes The International Monetary Fund (IMF) is always the cheerleader to raise taxes to support government they are instructing Germany to raise taxes and also talking about just imposing a 10% tax on all money on deposit in banks throughout Europe. Yes – you read that one correctly.
Tax revolt sure to happen, when the sheeple figure out the govt does not need all the money they request. IMF does not even need to exist. Banking fraud starting with all Central Banks.
OIL…….hit the corporate profits…..inflation on all oil related products…..in the 70’s