In a world, dominated by people, our governments are supposed to represent the will of the people, usually, it’s an individual who gets elected to represent the constituents. Regardless of how people voted, the intention is to select the best candidate the majority wants. Unfortunately, choices are limited because money usually dictates who runs and people who might be qualified are too busy earning big money to control the decision-makers we elect. 

Most of the time, those who are elected become easily corrupted as influencers often dangle a carrot with a treasure trove of cash to sway decisions. Then there are those individuals masquerading themselves as wolves amongst sheep. Highlighting their personal accomplishments or portraying themselves as righteous family members as if they are advertising for a local religious affiliate.

It is absolutely beyond me how people can be so gullible to fall for lies or half-truths. Today, the world is in a huge financial crisis as the cost of living is escalating daily and those in a position of power, deflect responsibility, rather than lead by example.

The best example of my point is the failure of the Bank of Canada’s present  Governor, click below and listen for yourself.

https://www.tiktok.com/@bronwyn_and_dylan/video/7256153634390494470?_t=8f0H9jQsal3&_r=1&fbclid=IwAR3kDjBJN-xqAR9lVHcIVsOnf3Xu3kI35gfod90L-2nCTHOx-v_Hz4hvlx0_aem_AfKhWXeTyyEEAt46dn_5CJgYqRUTwGyfmA-2w-HXMvN1hYqztSFqlmXXrJcqZ8UVulA

Then if you want another example of the lack of integrity it’s none other than, the one and only… (guess before you click);

https://youtu.be/6YhkSCtqZgw

Presently, Central Bankers are living it up at taxpayers’ expense at the Jackson Hole Symposium. A posh retreat where speeches are made and guidance is provided as the world is embroiled in a disaster of debt for which many might come out with nothing and be happy. The only question I might have is, for whose benefit are they working, that of continuing to make oodles of profits at the expense of the People or for the benefit of the people for whom they are supposed to provide guidance?

Nonetheless, it seems integrity has escaped their judgment altogether as these Central Bankers have misguided all of us by printing excessive amounts of money, flooding the money supply, and are responsible for the uncontrollable inflation presently being caused. Further by allowing access to credit facilities to the most vulnerable they have provided a false sense of security. 

As a kid, I didn’t really understand finances. My Father in his best years earned Cad$50k as a Master Plumber acting as a Foreman. He was the single breadwinner and Mom stayed at home ( A job in itself, never to be discounted). We never really needed more and ultimately his children all graduated from University, this was approximately 50 years ago as the family was the focal point.

Today, I am talking to business owners and people who are earning $100k but can’t manage their own personal expenditures. Always looking for more, asking for advances to ease the pain rather than adjust the lifestyle they might feel entitled to. Inflation will not end until government spending is cut back and Central Bankers stop printing more money. Timing is everything and something has to give before the House of Cards collapses.

The fear factor is back in full force as uncertainty leads the way. The USD Index continues to soar above the 104.0 level to keep the USD as the benchmark currency. Precious Metals dive with USD strength as Gold has dipped below the $1900/oz level and Silver below the $24/oz range. Yet both are back above these levels out of concern for the unknown and with the threat that Saudi Arabia is to join the BRICS nations(Previous writings).  Oil remains subdued around the $80/barrel level after dropping to $78/B—definitely a manipulation for the inflation rate to the liking of the puppeteers who are pulling our strings.