It is just history repeating:
It is not surprising that high inflation is being experienced around the world.
During 2020 and 2021 the central banks and governments printed trillions, passing it out in the community. The result is lots of extra cash in use.
What does this cause? Inflation!!
It is history repeating. Watch this educational training by Milton Friedman, economist educating students video published in youtube in 2014. (I have put it here so it cannot be removed in the short term. )
What happens next? the central banks increase interest rates until something breaks. the most aggressive interest rate increase in HISTORY has occurred from 2022 to 2023.
Now on the 12th March 2023 some hanks are struggling and failing.
It is expected!!
I wrote about this in my books and shared this future with my insider community.
Stay informed.
Kel