Please explain how to keep up with a fricking 7.9% inflation rate...

Discussion in 'Economics' started by kmiklas, Apr 4, 2022.

  1. Actually, someone on Linkedin makes even 500% :D
     
    #111     Apr 9, 2022
  2. Overnight

    Overnight

    Which is why you never get a variable APR.
     
    #112     Apr 9, 2022
    KCalhoun likes this.
  3. •get a skinnier girlfriend!
    •CD interest rate was at 12% in 1982.
    •Countries with low inflation:
    -Qatar -2.72%
    -Fiji -2.59%
    -Bahrain -2.32%
    -United Arab Emirates -2.07%

    •Most expensive countries to live 2022: Monthly Cost + Cost Index:
    Monaco $3,743
    Cayman Islands $2,844
    Switzerland $2,497 92.59
    Ireland $2,316 63.18
    Liechtenstein $2,306
    Iceland $2,207 75.12
    Singapore $2,169 74.46
    Luxembourg $2,163 75.53
    Norway $2,074 72.72
    United States $1,951 57.6
    Australia $1,944 61.28
    United Kingdom $1,929 53.24
    Qatar $1,856 55.93
    Denmark $1,837 63.53
    Vanuatu $1,829
    New Zealand $1,782 57.56

    •Least expensive countries to live in 2022:
    ...
    Uzbekistan $529 19.02
    Bangladesh $521 19.94
    Gambia $520
    South Sudan $519
    Sudan $517
    Azerbaijan $513 20.23
    Kiribati $511
    Belarus $504 21.69
    Argentina $494 22.83
    Kazakhstan $468 20.35
    Tajikistan $450
    Egypt $449 18.43
    Turkey $447 20.49
    Nepal $439 17.01
    Syria $435 17.83
    Algeria $431 17.34
    Kyrgyzstan $430
    Sri Lanka $428 20.23
    Tunisia $424 18.15
    India $423 15.84
    Pakistan $370 13.87
    Afghanistan $354 16.54
     
    #113     Apr 9, 2022
  4. M.W.

    M.W.

    Please don't pretend to be retarded. You are hopefully not really believing you get all that with a GOP. What you get is the exact same amount of government overreach and spending just that the funds will all be allocated to military spending and on oil and gas subsidies. Same bullshit just a different name.

     
    #114     Apr 10, 2022
    VicBee and Fonz like this.
  5. KCalhoun

    KCalhoun

    True re different priorities, I just remember overall things were better a few years ago.

    Not a fan of Bernie Pelosi Kamala AOC lefty socialism, high taxes and crime, open borders, killing our domestic oil industry, rampant inflation etc.... just saying
     
    #115     Apr 10, 2022
    engineering likes this.
  6. M.W.

    M.W.

    Exactly what things were better? Less spending? Not true. It was more military spending, butt hurt American consumers because of tariffs that only hurt consumers, Trump actually started to rip apart globalization and supply chains before covid ever started. There was already a mass division of politics within the population. Snowflakes, rednecks, homosexuals, right wing extremists,... All existed throughout whichever administration you want to think of. Killing oil industry? You are suggesting oil would be cheaper under a GOP administration? Then you don't understand a thing about global resource markets. Here in Canada the aim is to have 100% newly registered cars to be ZEVs by 2035. Ambitious but attainable and a worthy attempt. I strongly dislike Trudeau and his fake persona and get done nothing attitude but some goals are worthy of fighting for even if it costs us more in the short term. And part of this is to reduce our carbon footprint. Anyone who still tries to argue that we are not driving at full speed into a climate catastrophe is completely brainless or blatantly ignorant.

     
    #116     Apr 10, 2022
    VicBee likes this.
  7. KCalhoun

    KCalhoun

    Oil was way cheaper 3 years ago . Fact.

    Green initiatives won't make a global impact unless China Russia etc are onboard.. they're not.

    Inflation is at a 40 year high.

    Canada has struggled for years due to oil supply demand issues.

    Crime Inflation and taxes are much higher under Biden vs Trump
     
    #117     Apr 10, 2022
  8. Fonz

    Fonz

    I like that one very much!
     
    #118     Apr 10, 2022
    VicBee and M.W. like this.
  9. newwurldmn

    newwurldmn

    Things are what they are now because of the spending and tax cuts done by Trump 4 years ago.

    It takes years for the economy to respond to policy shifts. So 2017-2019 were because of 2009-2017 government economic policies. 2021, while under Biden's presidency is the result of massive government spending in 2020.
     
    #119     Apr 10, 2022
    KCalhoun and M.W. like this.
  10. M.W.

    M.W.

    Note how nobody in the middle classes saw their taxes cut. It was corporations that got a big breaks as if Amazon & Co needed a tax break. All those tax loopholes for corporations should be immediately revoked and back taxes applied and we would be so much better off.

     
    #120     Apr 10, 2022