Below is a copy & paste from the transcript of a discussion between Klaus Schwab, founder and executive chairman of the World Economic Forum, and Christine Lagarde, the president of the European Central Bank.
Christine Lagarde: At the ECB, we have now wrapped up and concluded our strategy review, which was the first one in 17 years. And I was blessed to have an entire Governing Council unanimously agree that the fight against climate change should be one of the considerations that we take when we determine monetary policy. So at least the European Central Bank is of the view that climate change is an important component in order to decide on monetary policy. ...
Can we arrive at that trade-off between fighting climate change, preserving biodiversity and yet securing enough growth to respond to legitimate demands of the population? And my first answer, Klaus, to be firm, is that to have a way of life, we need life. And in the medium term, we do have major threats on the horizon that could cause the death of hundreds of thousands of people. So we have to think life, first. We have to think way of life, second. ...
So we have to think life, first. We have to think way of life, second. How can we come together to make sure that we secure the first priority, which is life, and also protect the way of life that people have? And make sure that the cost of it is not so high for some people, that they just cannot tolerate it. I think that the trade-off that we reach will probably require some redistribution, because it is clear that the most exposed people, the less privileged people are those that are going to need some help.
Here is the 29-minute video for your viewing pleasure.
With Uncle Joe moving us quickly down this road towards
The Great Reset through his
Build Back Better initiative, where is the GOP? Where are leaders like Sen. Mitch McConnell? I have been talking about this for almost a year & a half. If I see it and I ain't the sharpest bear in the woods...Where are other people?
Freedom Through Self-Reliance
