Opening Insights: Inflation is Coming
America will not be destroyed from the outside.
If we falter and lose our freedom, it will be because we destroyed ourselves.
Deutsche Bank said the U.S. may be headed toward one of its worst periods of inflation in history amid increased government spending and relaxed monetary policy, warning that the belief inflation is transitory could have serious consequences for the economy.
The following article was published by Townhall.com, “the leading source for conservative news and political commentary and analysis.” It was written by Leah Barkoukis, online features editor at Townhall.com.
Informational Insights: "Acting Big"
The report, which was released Monday, begins with a series of quotes—contrasting Ronald Reagan's warning about how serious inflation is with how Joe Biden, Janet Yellen and others have justified "acting big."
"Despite the shift in priorities, central bankers must still prioritize inflation," the report says. "Indeed, history has shown that the social costs of significantly higher inflation and greatly expanded debt servicing obligations make it hard, if not impossible to reach the social goals that the new US administration (among others) is keen to achieve. We fear that the vulnerable and disadvantaged will be hit first and hardest by mistakes in policy."
Deutsche took particular issue with the Federal Reserve's new framework tolerating higher inflation in order to reach a full recovery.
"The consequence of delay will be greater disruption of economic and financial activity than would be otherwise be the case when the Fed does finally act," Deutsche noted. "In turn, this could create a significant recession and set off a chain of financial distress around the world, particularly in emerging markets."
The bank also took an opposing view to the belief that the rise in inflation will be temporary.
"We are witnessing the most important shift in global macro policy since the Reagan/Volcker axis 40 years ago. Fiscal injections are now 'off the charts' at the same time as the Fed's modus operandi has shifted to tolerate higher inflation. Never before have we seen such coordinated expansionary fiscal and monetary policy. This will continue as output moves above potential. This is why this time is different for inflation," the report said. "The effects could be devastating, particularly for the most vulnerable in society."
In conclusion, the bank said the Fed's approach to inflation "leaves global economies sitting on a time bomb."
We worry that inflation will make a comeback. Few still remember how our societies and economies were threatened by high inflation 50 years ago. The most basic laws of economics, the ones that have stood the test of time over a millennium, have not been suspended. An explosive growth in debt financed largely by central banks is likely to lead to higher inflation. We worry that the painful lessons of an inflationary past are being ignored by central bankers, either because they really believe that this time is different, or they have bought into a new paradigm that low interest rates are here to stay, or they are protecting their institutions by not trying to hold back a political steam roller. Whatever the reason, we expect inflationary pressures to re-emerge as the Fed continues with its policy of patience and its stated belief that current pressures are largely transitory. It may take a year longer until 2023 but inflation will re-emerge. And while it is admirable that this patience is due to the fact that the Fed’s priorities are shifting towards social goals, neglecting inflation leaves global economies sitting on a time bomb. (Deutsche Bank)
In time, social priorities will pushed to the back burner if "inflation returns in earnest" and central banks are forced to act, making policy changes that "will only make it harder for policymakers to achieve the social goals that our societies need."
This article was published on June 9, 2021 by TOWNHALL: Deutsche Bank Issues Stark Warning About Rising Inflation: Economies Are 'Sitting on a Time Bomb'
Possibilities for Consideration: A Power Too Great
To stand against the immense power behind the technology, internet and financial organizations in charge of our government and education institutions we must get smarter and do it together.
AwareComm® offers a platform that provides the resources and the guidance to meet this challenge.
It’s not just that we need a solution, in this new environment nobody will trust, everybody is angry, nobody listens, commerce stops, efficiency diminishes, nobody cares.
Our culture consists of perception, attitude, thinking and behavior and we have created a culture now rooted in distrust, fear and anger.
The following models illustrate the psychology of fear and control being used to force America to its knees.
Whatever we do, however we do it, this becomes the basis for how we will build relationships at home, work, worship and play.
These models will permeate all dimensions of our lives and must be reversed if our communities and our country are to survive.
The Real Solution: Founded in Spiritual Principles
A real solution, fully developed (tested, proven and paid for), is found in AwareComm's proprietary Adaptive Intelligence (AdI™) algorithm.
The AdI™ algorithm aligns with the intent of Pope Francis's call for a 'Good Algorithm,' to reverse the damage done by the irresponsible use of technology.
Rebuilding Community Commerce - - Rebuilding the Soul of a Community
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A Co-Lab™ is the implementation mechanism of the result of 30+ years of field research.
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Our Next Step
The AwareComm® Team is attracting partners in order to awaken in the people a desire for peace and solidarity as a way to fulfill their personal needs.
Through a careful blend of AI + BI + HI + SI the Co-Lab™ Research Institute has the correct balance of technology, methodology, human understanding, spiritual principles and data science to put us on the right track to individual social and cultural empowerment.
Due Diligence classes offer a deeper dive into the Co-Lab™ Research and ePublishing Institute to determine if this philosophy is effective for your community. You will learn:
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Inviting Potential Partners
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