That will be $150 trillion, please.
Speaking Finance Day Opening Event at COP26 in Glasgow, Scotland, Treasury Secretary Janet Yellen made quite the revelation.
The planet will spend as much as $150 trillion over the next three decades to fund The Great Reset.
In prepared remarks, Yellen stated:
“Glasgow and COP26 is a pivotal moment at the start of this decisive decade of climate action. The climate crisis is already here. This is not a challenge for future generations, but one we must confront today.
Rising to this challenge will require the wholesale transformation of our carbon-intensive economies. It’s a global transition for which we have an estimated price tag: some have put the global figure between $100 and $150 trillion over the next three decades. At the same time, addressing climate change is the greatest economic opportunity of our time.”
Yikes.
So, $500 billion a year until 2030? Get ready for inflation. You better hang onto your gold coins and barrels of oil and lumps of coal.
John Amarsl says
Only 150 trillions dollars? No big deal. It coulf would cost 150 zillions it would be no problem I believe since the Fed’s computer can digit 15000000000000000000000000000000000000000000000000000000000000…..dollars and forward it do the banks without much trouble.