Here Is What You Can Expect for the Next 12 Months
It is not beautiful. It is not even comfortable. Will the famine horseman be unleashed?
A few weeks ago I received this commentary in an article I wrote in July of 2021, precisely one year ago.
The article was a warning about an inflationary wave. It was published when everyone was optimistic about the post-pandemic recovery. In another article where I wrote about food prices, some called my writing “end-of-the-world porn.”
But in the end (not getting cocky), guess what happened?
So here is what you can expect for the next 12 months. You can insult or mock this simple economics major dropout. But in 12 months, we can assess it precisely.
Even if you don’t believe a word I say, the one piece of advice I give you will be useful. To not follow it would be as stupid as driving a car without brake fluid.
Stagflation is Coming
In a desperate fight against inflation, central banks all over the world are increasing their interest rates.
Some may blame the inflation on the conflict between Ukraine and Russia, but as I predicted in July 2021, it was unavoidable due to governments all over the world’s insane and reckless…
