World Economy

As the war in Ukraine enters a phase shift, in which western officials insist on being prepared to launch pre-emptive nuclear strikes against Russia, Jerome Powell, the chairman of the U.S. Federal Reserve, stated there is no “painless way” to reduce inflation. The inflation has been driven by the Fed’s policy of unlimited monetary flows to protect a bankrupt system, and the global implementation of the anti-production Green New Deal. Instead of proceeding with war and austerity, it is time to break with the failed and collapsing system, and go with LaRouche’s New Bretton Woods.

Credit LaRouche Organization

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