In the UK, inflation according to Government is near 10%. My monthly home energy bill in October last year was £153.00 - this month it was £256.00, (and it is July - though my heating is gas and that is cheaper by a long shot than electricity!), my energy supplier tells me it will be £275 next October.
Filling my car with diesel (with the gauge claiming half-a-tank) cost me £47.25 in January according to my credit card receipt, filling it last week at about the same gauge reading cost £98.00.
Many of the packaged foods we buy have gone up in price and down in size, so trying to work out the level of inflation for those isn't so straightforward. But whatever inflation is, here it is rising rapidly in a short time, and our stupid Government hits Russia with sanctions that hurt us more than them.
The futility of applying cool logic to the chaos we mortals are living through is apparent. It changes nothing. Corruption, tyrants, insiders, greed, war mongering, is not ever going away. The fortunate ones saw it coming much before all this, and moved their money, they didn't wait for a guru's advice.
Hey Joel, I live in Puerto de la Cruz in the North of Tenerife, if your over this side and want some restaurant tips, fancy a beer, or maybe just need a local contact :) hit me up, fiestas de julio are just starting Tuesday 12th is the embarcación de la Virgen del Carmen which is amazing,
In the UK, inflation according to Government is near 10%. My monthly home energy bill in October last year was £153.00 - this month it was £256.00, (and it is July - though my heating is gas and that is cheaper by a long shot than electricity!), my energy supplier tells me it will be £275 next October.
Filling my car with diesel (with the gauge claiming half-a-tank) cost me £47.25 in January according to my credit card receipt, filling it last week at about the same gauge reading cost £98.00.
Many of the packaged foods we buy have gone up in price and down in size, so trying to work out the level of inflation for those isn't so straightforward. But whatever inflation is, here it is rising rapidly in a short time, and our stupid Government hits Russia with sanctions that hurt us more than them.
The futility of applying cool logic to the chaos we mortals are living through is apparent. It changes nothing. Corruption, tyrants, insiders, greed, war mongering, is not ever going away. The fortunate ones saw it coming much before all this, and moved their money, they didn't wait for a guru's advice.
Hey Joel, I live in Puerto de la Cruz in the North of Tenerife, if your over this side and want some restaurant tips, fancy a beer, or maybe just need a local contact :) hit me up, fiestas de julio are just starting Tuesday 12th is the embarcación de la Virgen del Carmen which is amazing,
How about if President Biden and Jerome Powell switch jobs for a week ,so we could see if anything
were to significantly change.If nothing does,lets just fire both of them.They'll find work easily,its such a great economy here.
Oh, the Nasdaq is tech-heavy, is it?
I agree governments massage economic numbers (and some plain make them up), but shadow stats is flawed
https://fullstackeconomics.com/no-the-real-inflation-rate-isnt-14-percent/