In a Christmas message, the Eastern Caribbean Central Bank (ECCB) Governor Timothy Antoine reiterated the strength of the EC dollar and noted falling inflation.
“Inflation is now falling, albeit not fast enough,” Antoine declared.
But the ECCB Governor noted that the pace of economic activity had quickened.
He observed that according to estimates, the region had grown by around 6.5 percent this year.
However, Antoine highlighted the threat of the climate crisis to macroeconomic and financial stability.
“The climate crisis remains a clear and present danger for macroeconomic and financial stability,” Antoine asserted.
He noted that 2023 was now the hottest year on record.
“Though adversely impacted by weather events, we are grateful that our region was spared a a major climatic shock,” Antoine said.
Regarding 2024, he indicated that the region was mindful of the geopolitical landscape and its risk.
Nevertheless, the ECCB projected around five percent growth in the Eastern Caribbean Currency Union (ECCU).
“The ECCB will press ahead with our work on financial stability, payment and monetisation and financial inclusion and protection, which includes the ease of opening bank accounts and fair treatment of customers by their financial institutions,” the ECCB Governor said.
Antoine also announced plans to advance collaboration on the new EC currency image.
In addition, he said the Bank would continue to ponder what it would take to double the size of the ECCU economies over the next decade.
“2023 was now the hottest year on record”
Records go back to 1880 or 140 years ago. The earth has existed for 4,540,000,000 years. Mr. Antoine is an economist and should know better. Cold weather kills 9x more people than hot weather. Clearly Mr. Antoine is part of that death cult.
Rich people like Mr. Antoine fly private jets to climate conferences to tell me I need to burn less gasoline. Rich people like Mr. Antoine tell me sea level is rising while they buy million dollar beachfront properties. Rich people like Mr. Antoine eat lavish meals and tell me I need to give up meat and eat bugs. I’ll take climate change seriously when the people telling me it’s a problem start taking it seriously.
(RIFFING ON: LITTLE TOMMY TUCKER SINGS FOR HIS SUPPER)
The reason little Timmy Antoine is singing so loudly from the “climate hoax” hymnal is because his choirmaster (accent on master) requires ear-splitting decibels from him to deafen us to the discordant refrain of “financial instability” in the western world (aka Collective Waste), where illegal sanctions, genocide, derivatives (underlining the grand Ponzi Scheme) and failed military excursions are hastening de-dollarization to a crescendo in the BRICS+ economies.