Blame Putin for the oil prices and inflation we are told by Western deep state politicians and the media offshoots. Well let’s look at the facts, rather than listen to the propaganda.
In the image above is a graph of the West Texas Intermediate (WTI) Crude Oil Price over the previous 12 years. In the image, the WTI crude price started to climb parabolically in January 2020 to the current level of around $102 a barrel.
The same applies to gasoline and natural gas as shown by the images below.
However, food prices were increasing since January 2020 (image below), but then surged upward in February 2022. Russia and Ukraine are significant food producers and exporters in particular wheat, corn, sunflower oil, and fertilizer.
It is important to note that oil, gasoline, and natural gas prices were increasing parabolically prior to the commencement of the Russian special operation on February 24, 2022.
In addition, the current oil and gasoline prices are at the same levels as they were in 2014, and the natural gas price is not far above the prices in 2014.
Would the oil, gasoline, natural gas, food prices have continued their climb higher without the Russian special operation? The graphical history says yes.
Further, the increased acceleration in oil, gasoline, natural gas, and food prices in the last three months is not due to the special operation itself, but due to failed Western sanctions on Russia that include limited sanctions on Russian oil and gas.
Finally, the Russian special operation is an outcome of a US, NATO, EU proxy war dating back decades with emphasis on the distinct juncture in 2014, the US instigated Kiev Coup through the National Endowment of Democracy.
Overall, inflation is underpinned by monetary policy through money supply via money creation. During the lockdown, $20 trillion in global debt was added. The US national debt in 2008 was $6.3 trillion; fast forward to 2022: $30.59 trillion! Extreme money creation dilutes the value of a currency, and thereby reduces purchasing power (inflation).
So who is really to blame for oil, gasoline, natural gas, food prices, and overall inflation?
At NCA we realize that many Canadians are uninformed and misinformed about the realities as indicated by their slavish obedience to the multi-controlled political establishment, which is harming them and putting their future in peril.
Therefore, all we can do at NCA is continue to raise awareness, until a critical mass is ready to reclaim the country and whatever may be left of it.
If you want to help us, please share, become a member, make tax deductible donation… obviously, with the sinister Great Reset agenda in the works, the situation is rather serious.