The Times of India, a media outlet previously very skeptical of Big Pharma, is reporting from the South African Medical Association that officials are puzzled about the hype around Omicron.
The variant has only produced mild symptoms in regional patients with very little impact.
JOHANNESBURG: “The new Omicron variant of the coronavirus results in mild disease, without prominent syndromes, Angelique Coetzee, the Chairwomman of the South African Medial Association told sputnik news on Saturday.” … “We will only know this after two weeks. Yes, it is transmissible, but for now, as medical practitioners, we do not know why so much hype is being driven as we are still looking into it.” (read more)
Occam’s Razor – The new variant is being hyped because international governments need it to be hyped. The biggest threat to politicians and the global financial system attempting to Build Back Better via enlarged government spending, is not COVID; the biggest threat is anger from the citizenry over the inflation the government spending and buying of debt is creating.
What is the quickest way to eliminate the political risks due to inflation? Shut down demand. Lock down economies, turn the valves closed on economic demand and then watch price increases slow down.
Global monetary policy to maintain an economic system beneficial to Wall Street and the multinational investment class, means they need to keep interest rates low even as they print more money for Build Back Better spending and purchase their own debt. {Go Deep}
The primary way to control inflation is for central banks (ex U.S. Fed) to stop purchasing their own debt (quantitative easing) and then to raise interest rates. However, that approach would be against the interests of the legislative branch, multinational elites and international finance system (World Economic Forum agenda). As long as politicians keep spending, they must print money and buy their own debt. This causes devalued currency and inflation.
If you are a member of the political elite and you cannot stop the printing presses; and you are worried about the electoral backlash from massively rising prices hitting your citizenry; the only other way to slow inflation is to lower economic demand. How do you lower economic demand…. Omicron !!