Posted originally on the conservative tree house on November 26, 2022 | Sundance
The true cause of inflation, and yes that includes ‘global inflation ‘, is the collective western economic jump into climate change energy policy known as “build back better.” Stopping the use of oil, gas and coal as the source for cheap energy, has resulted in every element of the inflation now outlined.
As an outcome of their ideology, the central banks of the western economies began desperately to lower economic activity to reduce energy consumption. The goal was/is to lower human economic activity to the point where windmills and solar farms can sustain it. Everything else is pretending. Tucker Carlson finally points this out. WATCH:
Coming out of the pandemic, western oil, coal and gas energy development was blocked. Immediately energy prices skyrocketed, driving up the costs of everything. Using the justification of “too much demand” the central banks (including the U.S. Federal Reserve Bank) are raising interest rates to lower the need for energy.
Western political leaders are pretending this is not a collective intention. However, their prior promotion of the Build Back Better agenda belies their current protestations.