Bank Of England Chief Tells Brits They’re Poorer After Covid & Energy Crisis

Niamh Harris – The Bank of England’s chief economist Huw Pill has sparked outrage after saying that Brits must accept they are poorer after the Covid and energy crisis.

Pill, a former Goldman Sachs banker who earns £190k a year, says Brits must stop chasing big pay rises to keep up with soaring inflation and warned that their refusal to ‘take their share’ of the pain was generating the problem.

His comments emerged after figures showed food inflation still running at an eye-watering 17 per cent – with families struggling to get by. Continue reading

Fed Rate Hike Will Cause Hyperinflationary Great Depression [Video]

WilliamsGreg Hunter – Economist John Williams says the economy is in deep trouble, and the Fed knows it.  Williams says the Fed talking up “robust economic growth” that is causing inflation is “nonsense.”

Williams explains, “The one thing that is not causing inflation is ‘robust economic growth.’  So, when they talk about raising interest rates to kill this robust economic growth that’s triggering the inflation, that’s absurd, and the Fed knows it. . . .

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Reset Means Crash of Epic Proportions

StockmanGreg Hunter – Reagan White House Budget Director and best-selling author David Stockman says, “This is not the time to be invested in the markets . . . . A reset is just a pleasant name or a clinical name for a crash of epic proportions, which we will have because the markets are so inflated.

There are trillions of dollars that are at risk.  To put a dimension on this thing or a way of sizing this, is we have a $60 trillion bubble on the balance sheets of 130 million people in American society, but especially in the top 5% to 10% that own a huge share of the assets. . . . Continue reading

Hyperinflation Will Collapse Biden Administration [Video]

HolterGreg Hunter –  Clif High is an Internet data mining expert who uses something he calls “Predictive Linguistics,” which sorts through billions of bits of information on the Internet to predict future trends and events.  He has many well-documented correct predictions.

High predicted a month ago, “The Biden Administration would be in full collapse by this fall.”  The CV19 Vax door knocking campaign from the Biden camp, to harass people into getting the jab, is simply a prelude to the coming collapse. Continue reading

Fed Killing the Economy [Video]

williamsGreg Hunter –  Economist John Williams says the recent rate hikes mean the “Fed is killing off the economy.”

Williams says, “I heard President Trump make some comments to that effect, and he’s right. The Fed is trying to raise rates. The idea is if you get higher rates, the banks will be able to make more profits on their lending. It will also encourage bank lending. Unfortunately, on the consumer end, it raises the consumers’ cost of borrowing as interest rates go up. It makes mortgages more expensive. It makes borrowing more expensive.

https://youtu.be/p20AxBt-YD4

Mortgages go up, people don’t buy as many houses. What you are seeing right now is effectively a recession in the housing market, in the construction area. Existing home sales have been down for six or seven months in a row, and it’s down year over year.” Continue reading