The U.S. Federal Reserve Bank is hiking interest rates to reduce the currently high inflation rate. They also – sort of, maybe – stopped the money printing that causes inflation. Will it work? Will the Fed give up and reverse its direction? Economic crash, or hyperinflation, or both? Nobody, including the Fed, really knows. Huge impact on us normal folks. What if anything, can we do?
There definitely seems to be a lot of destruction going on today – in nearly everything and everywhere. Doom and gloom pervades. Is this widely beneficial ‘creative destruction’, or just destruction done in order to acquire power and gains for just a very few? Or something else? The answer I found is far from obvious, and may surprise you.
You may have wondered why, despite so many smart and powerful people around almost everywhere, and having all the advantages of artificial intelligence, things seem so messed up today. And steadily getting worse rather than better. COVID certainly didn’t help things but what if it just accelerated greatly a longer underlying trend toward collapse or catastrophe? Or just maybe, pushed the world along more quickly toward a lasting fix?
