U.N. Calls On Fed, Other Central Banks to Halt Interest-Rate Increases
The Federal Reserve and other central banks risk pushing the global economy into recession followed by prolonged stagnation if they keep raising interest rates, a United Nations agency said Monday.
SO WEF/DAVOS TELLS THE BANKING CARTEL WHAT TO DO — WILL POWELL CAPITULATE OR IS INCREASE ANOTHER 100 BASIS POINTS?
I call on the UN to halt Klaus Schwab!
The UN is clueless.
To slow the rate increases, would mean CBs buying more sov bonds (debt) again with more QE which means more fiat currency annihilation. Since CBs must CTRL-P to obtain MZM with which to buy bonds anywhere along the yield curve.
CBs must choose … higher rates or committing to the hyperinflationary escalator.
There is no door #3.
Door #3 is a Trap door.They will pivot partially to try to play the middle. When that blows up it will trigger the trap door with everything collapsing through it.