Ukraine War Causes Inflation & Higher Rates – Martin Armstrong

April 17, 2023

by Greg Hunter USA Watchdog

Legendary financial and geopolitical cycle analyst Martin Armstrong was forecasting “chaos” in 2023. The Ukraine war is ramping up. China looks like it’s getting ready to invade Taiwan. President Trump was indicted by radical Deep State Democrats. The FDIC had to rescue some big banks and stop an economic implosion, and it’s just the first few weeks of spring. Don’t look for things to get better. Armstrong explains, “Bidens approval rating is collapsing. “Socrates” (Armstrong’s predictive computer program) has it now at 9.5%. . . .What they are going to do is try to start war before the election, and that’s what this is all about. Their theory is no president that has ever been engaged in a war has ever lost an election. You don’t change horses in midstream. So, they intend to actually start war.”

What does Armstrong see for interest rates? Armstrong says, “Nobody wants to talk about the elephant in the room, and that is the Ukraine war. . . . You have to understand how central banks really work. Powell (Fed Head) started raising rates as soon as the Ukrainian war started. He knows the number one factor in creating inflation is war.