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Peak Prosperity

Violent Inflation Riots Begin

Peak Prosperity

Chris Martenson

Government, Investing, Business

4.7591 Ratings

🗓️ 6 April 2022

⏱️ 35 minutes

🧾️ Download transcript

Summary

The inflation riots have begun. Peru and Sri Lanka both are experiencing violence as inflation spirals the prices of basic necessities higher and higher.

Transcript

Click on a timestamp to play from that location

0:00.0

There are already inflation riots around the world and I think we have a big, big food problem that's about to come.

0:07.0

Let's go take a look. I'm going to tell you all about it.

0:11.0

Hello, hello everyone, Dr. Chris Martinson here, and we are back with another episode.

0:24.8

This is episode 56.

0:26.0

We are talking about the inflation that I've been talking about for quite a while.

0:30.2

And as well, now food, food security, food issues, food inflation, hey, all of this could actually lead to very big problems and predicaments.

0:39.0

And this is a little bit due to the war in Ukraine, but not entirely.

0:43.4

That just really put some afterburners on a trend that had already been in play prior to the invasion of Ukraine by Russia.

0:50.2

So, yeah.

0:52.5

Episode 50-60, inflation riots have begun. begun famines possible by the end of

0:56.3

2020 what am I talking about that sounds like crazy talk I know but hey it's

1:01.7

already sort of started to happen here we see that in Peru just recently this

1:07.9

is from April 5th that's today as in terms of the recording this.

1:12.0

Peru just imposed curfew in Lima as violent inflation protests spread fires, rocks were thrown.

1:19.3

The police had to be brought out with all their hardware on.

1:21.9

It says down here, let me get my drawn tool out so we can have this conversation together.

1:31.1

Yeah, so it says Purdue's president declared a curfew in the capital Lima on Tuesday to stem violent protests against inflation that have intensified

1:37.4

in recent days leading to clashes with police, temporary, temporary food shortages, and supply chain disruptions.

1:45.5

Now, end quote.

1:46.6

All of these are actually hallmarks of what you see in a rising inflationary environment.

1:51.3

Inflation sounds like rising prices.

1:53.7

That's not inflation.

...

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