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The Federal Reserve is poised for another .75% increase in interest rates, designed to “cool inflation.” This will accelerate deindustrialization, meaning more job losses in the energy-intensive/high-tech areas that fuel real economic growth. But it fits in with plans for a military-defense buildup, to prepare for wars against both Russia and China, and the U.S. adopting a first-strike nuclear doctrine, as per the just-released, little-publicized 2022 U.S. National Defense Strategy Doctrine.
Credit The LaRouche Organization