In 2020 money stopped moving. I wrote this in some of my previous posts and comments. In order to prop up economic activity, central banks increased money supply with almost 0 interest a.k.a Brrrrrr.
So ideally fresh minted money is distributed in the real economy and moves up and trickles down and so forth. As you can see in the chart above, money hasn't been moving as much in the economy since the peak in 2000; It's in constant decline with a hard fall in 2020.
Today central banks are trying to battle inflation. As you can see in the chart above, money isn't moving as much, so it's not that there is too much money in the real economy. Whatever they printed in the last 2 years went up to the big black void of finance. All the derivatives market, swaps, trenches and all sorts of made up bullshit has sucked up money faster than your wife sucking her boyfriend's cock.
Inflation is a product of price gauging and artificial crises, such as cutting down oil production, slowing down logistics around the globe, lagging or harsh response to the pandemic by governments etc.
What you're seeing with the interest rate increases will only hit small businesses and working people. Casino always wins. Banks will own everything. You will own nothing at the end of this.
In the next two years, you will lose your jobs, you will lose your homes if you have debt. You will start selling your assets until capitalism owns your ass. We had reached a point of multi-generational wealth with too many high net worth individuals. Those who are pulling the strings are actively sabotaging the economy and are robbing you.
The interest rates will once again go down, when most people lose everything and you can't borrow anymore. This isn't about bringing the inflation down by decreasing money spent in real economy. The chart in the link clearly shows you that there is no increased activity which would increase velocity of money.
So tomorrow or in the next year don't get your hopes up too much. Your average working class ape is in more debt than before and savings are at an all time low. The latest surge in house prices also guaranteed that banks and through them the central banks owns you.
This is the final stage of capitalism. Good luck to you all.
Your uncle gay bear.