The Beginning of the Beginning

by Craig Hemke
Sprott Money

Already, the inflationary impacts of unlimited QE and the Ukraine Crisis are being felt across the globe. Your Central Bankers will try to convince you that they can restrain these forces simply by raising interest rates, but they will fail, and the situation will worsen in the months ahead.

How’s that for a gloomy opening paragraph? Unfortunately for all of us, it’s true. There is no way that a few rate hikes will reverse the current inflationary trends, and the resulting financial and societal impacts have not even begun to be felt.

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