Inflation and "Putin's Price Hikes"

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In this video, I discuss the March 2022 CPI report, and the attempt by politicians and central bankers to blame inflation on anyone but themselves.

There is a long history of countries (Zimbabwe, Venezuela, etc) blaming their external enemies for domestic inflation. Something similar is going on now in the US, where Putin is being blamed for inflation that has been caused mostly by the Fed's own money printing.

Expect more lies and propaganda as inflation continues to devastate the economy.

Not investment advice! Consult a financial advisor.

Highest inflation since 1981:
https://www.usatoday.com/story/money/2022/04/12/inflation-rate-cpi-highest-40-years-prices/7284054001/

The Coming Inflation Disaster:
https://www.youtube.com/watch?v=aJ6K0pgj11A&ab_channel=TraderUniversity

Powell says inflation is transitory:
https://bankingjournal.aba.com/2021/06/powell-recent-rise-in-inflation-is-transitory/

Powell blames inflation on supply bottlenecks:
https://www.wsj.com/articles/powell-says-supply-chain-bottlenecks-could-lead-to-somewhat-longer-interval-of-high-inflation-11632934764

Powell calls inflation "frustrating":
https://www.cnbc.com/2021/09/29/fed-chair-powell-calls-inflation-frustrating-and-sees-it-running-into-next-year.html

White House doing damage control ahead of CPI release:
https://twitter.com/disclosetv/status/1513574076383645699

CPI before and after Putin:
https://pbs.twimg.com/media/FQGdq6HWYAEVadQ?format=jpg&name=large

Rents up more than 30%:
https://www.washingtonpost.com/business/2022/01/30/rent-inflation-housing/

Money printer go brrr:
https://www.youtube.com/watch?v=O1hCLBTD5RM&ab_channel=TimvanHelsdingen

Zimbabwe blames Britain for hyperinflation:
https://www.france24.com/en/20080716-zimbabwe-blames-britain-22m-percent-inflation-zimbabwe

Venezuela blames US for hyperinflation:
https://www.reuters.com/article/venezuela-inflation/venezuela-monthly-inflation-hits-28-5-in-may-central-bank-says-idUSL2N2NY2I5

Market expects Fed to raise 50 bps in May:
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

Jen Psaki moving from Ministry of Truth to new propagandist role:
https://www.axios.com/jen-psaki-leaving-white-house-msnbc-a75bdbc6-4c6b-43f9-b406-e104ea3b88e9.html

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#Inflation
#Putin
#Fed

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