Inflation is Going to Get Worse
Peak Prosperity
Chris Martenson
4.7 • 591 Ratings
🗓️ 11 March 2022
⏱️ 39 minutes
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| 0:00.0 | Inflation is spiking out of control and the Federal Reserve is unwilling to do anything about it and unfortunately the leaders in charge are blaming all the wrong sources. |
| 0:11.2 | Let's go find out and why this is, uh, |
| 0:16.0 | inflation is spiking and the Federal Reserve is unwilling to do anything about it realistically. |
| 0:21.6 | And we see the blame game being played. |
| 0:24.6 | I want to tell you what inflation really is today and why you can expect more of it in the weeks and years to come. |
| 0:31.6 | Come on, let's go take a week. |
| 0:33.6 | Hello, hello, hello everybody, Dr. Chris Martinson here back with you. |
| 0:44.1 | We've got a special second episode this week. |
| 0:46.2 | See how you like it. |
| 0:46.8 | We're going to be talking economics and inflation and systemic things because I really think there's some huge systemic issues coming. |
| 0:53.3 | And you need to be prepared for those for everybody who's listening. Hey, you get advance warning. Listen, I might be wrong, but I'm not confused. I just want you to take all this information I'm going to give you. You do what you're going to do with it. I'll tell you what I do with it. But up to you to decide what you're going to do with it. So let's go here now and take a look. This is |
| 1:12.2 | episode 52. I'm calling this an inflation alert. Of course, who needs an alert from me? You all know |
| 1:17.9 | that inflation's already raging. And the Federal Reserve, who is the headwaters of the Nile in the |
| 1:23.6 | inflation story. Well, they've just folded as expected. So let's go there and talk about this. |
| 1:29.5 | All right, it starts here. We have inflation spiking. It's kind of globally. Look at Turkey's |
| 1:34.1 | inflation. 54%. Obviously, the Turkish lira is collapsing. Also, prices of food and fuel are going up. |
| 1:41.4 | So combine those two things, currency down, prices of other things going |
| 1:45.1 | up in non-local currency terms, 54%. Sounds bad. It is bad. U.S. inflation soared to 7.9% |
| 1:53.8 | in the last year or soared 7.9%. That's a fresh 40-year high. I like that. Very positive |
| 1:59.6 | spend by the press Democrat there. And then Fed's Powell, Jerome Powell, who is going to go down in history. I know he passes off as like this kindly gentleman, maybe even like your grandpa. And the press gives him just a free pass on this whole thing. Come on, press. Start asking this guy some hard questions, would you? He's not on your side. |
| 2:18.8 | There's nothing federal about the Federal Reserve. |
| 2:20.8 | It says federal in the name, but it's actually owned by private entities out there. |
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