tbh both inflation numbers are hot
Nah reported inflation is better. Too much inflation might drown you
If I learned anything from the film Weird Science it’s that anything bigger than a handful of inflation, you’re risking a sprained tongue.
I wish my country’s government had the testacles to cap prices on food. I order food mostly online and I compared prices from 2 years ago and most things are at least 200% more expensive, cheese for example is like 600% though.
Dont. Here in Hungary the commie ruling party (fidesz) capped some food prices, which lead to world recorder food inflation (47% measured), and top 3 overall inflation (36% measured). A lot of food products are 100-300% more expensive, also i cant say any product (not just food) that isnt became at least 40% more expensive. When caps lifted, there was a smaller price drop.
They also capped the fuel prices, then when they revoked the cap, the fuel became one of the most expensive from the surrounding countries.
Communist methods cause more problems than solve
Yea we have a food inflation pretty close to those measured numbers though in reality its a lot higher and that’s without any caps. Also how could a food price cap cause inflation in food prices? That’s literally the thing you are capping.
The things that are capped no longer produce (as much) profit, so food suppliers move to items that do bring in profit. Uncapped goods are now more desirable, and the suppliers increase prices to try to make up for the shortfall caused by price controls, making uncapped items even more expensive.
Government intervention like price controls always makes things more expensive, it’s just a question of where that expense is spread to.
The government capped the price of electricity here a short while ago and that lowered the price of power massively.
Seems the solution would be to cap the price of all food then.
No, it isnt lowered the price, but you will pay for it elsewhere, indirectly, same like we are in hungary (that also caused rise in inflation). Communism not worked, and never will
Yea, price capping is as much communism as having public healthcare and when the price of electricity was capped it lowered the prices massively.
What was going on was the local power companies made deals with other countries and basically acted as middle men for reselling that power for a massive markup. Our government made a mandatory power plan that forces power companies to produce electricity locally for local supply at a fixed price and that pretty much fixed that. Those companies couldn’t sell power at a massive markup anymore because everyone would just switch to the government power plan then.
No, the the prices don’t get lowered on capping them, just you pay it from elsewhere. For example in hungary the commie orban capped the electricity and and natural gas prices, so the people pay less on the bills they get (well, not always since they restricted the “discount” only to private person users, and with limit, if someone out of these, they pay much more than the actual real international market price), but they pay of the real, actual price from their tax (in hungary every taxpayer pays 17000 hungarian forint extra over the actual natural gas bills, just they dont see it, as its taken from the usual tax). So the dumb people just seeing the lower price on the bill they actually get, but not the tax money that is used to pay their “discounts”. Also, as the companies getting the electricity, and natural gas on “govermental market price”, which is 2x more than “discounted” price in electricity, and 7x more in natural gas (about 4x more than the real international market price), which causes prices going up in restaurants, groceries, every commodities that are made, or processed by local companies, which causing the skyhigh inflation. Its just simple common sense, and the economic fundamentals, but a lot of hungarian people lack of these, and not just hungarians :(
Who? How could cause? In EU the second highest inflation is in slovakia (first is hungary), which is the half of the hungarian inflation. The difference is few hundred kms, and that in slovakia they dont have price capping commies like orban, and his comrades. And yes, here in hungary the real inflation is much more higher than the “measured” (ordered).
My country’s news say we’re improving with a straight face. And I’m like “improving in what? Making the country sink more efficiently?”
I’m honestly not sure why there isn’t civil unrest worldwide. People have got to be suffering mass homelessness at this point and starving. I did hear that theft from grocery stores increased but to me it’s well deserved.
The Internet happened
Feels like everything is too expensive these days. Rent now takes more than 1/3rd of my income and I’m trying out different foods so that I can save on groceries. Hell, I don’t drive anymore if I can avoid it. Shit is getting rough out here.
The only happy inflation for me is the one in my pants. This image does it
Inflation should have showed big ol fake titties
You just gave me a whole new perspective
Yeah, actual inflation is good and all but actual inflation is the type of woman to have a secret cocaine addiction and a drinking problem then you catch her in bed with your neighbour so you kick her out of the house but you still let her swing by every once in a while to bang when you’re drunk enough that you probably shouldn’t be sleeping with anyone and it’s a fifty percent chance your dick will actually get hard.
Moving onto the projections for Q4…
thats why i prefer crypto (anime girls)
Amateurs
Are you sure
I have lived in a +30% inflation country throughout all my life (now +100%) and my governemnt lied so much about it that we had to pay fines to international entities.
Im quite sure… unless you are from vzl, arg… in that case, lo siento hermano
