Loading ...What I want to know, is why the first time, it spread all over the planet is 24 hours, and not this time? Less international travel? Or is the crap sprayed is areas where they want Covid to slow the economy down to prevent a hyperinflation.
During the 1970s to kill the inflationary psychology, they simply raised the rates so high banks took in lots of money supply with CDs etc. It killed real estate and auto sales and the Dow under 1000 for 12-14 years.
Remember years ago they wanted a bomb that would only kill people and not destroy the buildings? This would be similar. Kill inflationary psychology by making people sick and or stay home and stop spending, to stop higher prices.
Raising rates to 21% again is not affordable these days, it would destroy the “buildings” etc. Is this a new method used or being tested, in China to take away the punch bowl? Lets hope he she or it doesn’t spread all over again. We don’t need to go thru that again.