BUCKLE UP: Central Banks Will Continue To Inflate…Faster
People around the globe need to buckle up because central banks plan to continue to inflate…faster.
Inflation Will Accelerate
November 17 (King World News) – Gregory Marino at the Trends Journal: To date, every manner of distraction and deception mechanism is being used against an unsuspecting public which is being crushed under the weight of surging inflation… and the worst is yet to come.
Collectively, central banks which are working together have been using the mainstream propaganda ministries to sell an EPIC lie to the people of the world, and that lie is this: “by raising rates central banks will control/slow the pace of inflation.”
Let’s be clear on this: IN NO WAY IS CENTRAL BANKS RAISING OF RATES EVEN MEANT TO SLOW/CONTROL INFLATION!
Raising rates is meant to slow demand, and that’s all- PERIOD.
If in fact a central bank were serious about wanting to control inflation, all it would have to do is contract the money supply by raising the capital reserve requirements of financial institutions/banks—and doing that alone would have an immediate effect on rapidly rising inflation.
The fact of the matter is this, central banks NEVER had any intention to slow the pace of rising inflation. Instead, they will continue to inflate…
.....More Below
https://kingworldnews.com/buckle-up-central-banks-will-continue-to-inflate-faster/
Ecuadorian voters have rejected a proposal to permit the return of US military bases, according to preliminary referendum results.
Ecuadorians went to the ballot box on Sunday to decide whether US forces should again operate from local facilities. The nation had banned foreign bases in 2008 amid concerns over sovereignty.
With three-quarters of ballots counted, about 60% voted ‘no’ to the plan advanced by President Daniel Noboa, a close ally of US President Donald Trump and a supporter of US military operations in the Caribbean and near Venezuela.
The result blocks any US effort to return to the Manta airbase on the Pacific coast, which once served as a platform for Washington’s regional military operations.
The referendum also asked voters whether to end public funding for political parties, reduce the number of lawmakers, and create an elected body to draft a constitution.....more below
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The Jewish state says the incident in southern Lebanon was due to poor weather conditions, with no casualties reported.
UN peacekeepers stationed in southern Lebanon have accused Israel of firing on one of their patrols, criticizing the country for its “aggressive behavior.” Israel has acknowledged that the incident occurred, but said it was not intentional and was due to poor weather conditions.
In a statement on Sunday, the United Nations Interim Force in Lebanon (UNIFIL) said the Israel Defense Forces (IDF) fired on personnel from a Merkava tank.
It called the incident “a serious violation” of the ceasefire deal between Israel and Lebanon that ended the 2006 war, stressing that it was not the first attack of this kind. “Yet again, we call on the IDF to cease any aggressive behavior and attacks on or near peacekeepers, who are working to support the return to the stability that both Israel and Lebanon say they seek.”.... more below
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Iran’s largest credit institution has gone into administration amid the government’s continued push to reform the country’s banking and financial system.
The Central Bank of Iran (CBI) said on Sunday that it had appointed a team of three administrators to restructure the Melal Credit Institution after the lender accumulated a loss of 650 trillion rials ($590 million)
Head of CBI’s regulatory and oversight department Farshad Mohammadpour said the Melal Institution had an asset–liability mismatch of 450 trillion rials and its capital adequacy ratio was minus 41%.
Mohammadpour said that administrators are expected to restructure the Melal Institution in the next six months, mainly by selling off its non-banking assets, properties and affiliated enterprises to pay down its debts.
CBI’s decision about Melal Institution comes three weeks after the lender declared Bank Ayandeh, one of Iran's largest private banks, insolvent and transferred its assets and staff to the state-run Bank ...
