Last year, the Federal Reserve, the European Central Bank, and pretty much every other major central bank was insisting that inflation wasn’t a big problem and that they wouldn’t have to raise interest rates.
And now all of them have reversed course…
The ECB had been one of the last holdouts, until it finally admitted late last month that rates would have to rise.
So, what’s been going on inside the world’s central banks?
Are they simply incompetent and underestimated the scale of the inflation crisis, or have they been lying to us all along?
I sat down with Field Notes Managing Editor Ciaran Madden to address this question…discuss what comes next…and explain how that’s going to impact our wealth.
Check out the video of our conversation below…
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This is IL’s first live conference in Costa Rica in three years, taking place at the InterContinental Hotel, San José, from July 29-31. IL have lined up numerous experts—from doctors and lawyers, to relocation specialists and expats—to tell you what living in Costa Rica is really like, so you’ll come away with all the information and contacts to help make your move with confidence. And you’ll have a whole lot of fun while you’re there.