Thursday, October 10, 2024

INFLATION!

LIFE IS A GAME OF CONNECT THE DOTS, IF YOU DON'T CONNECT ALL THE DOTS OR DON'T CONNECT THEM IN THE RIGHT ORDER YOU NEVER GET THE PICTURE For those that do not understand how the economy really works, inflation was predicted before even the pandemic was officially declared, I wrote a whole two part article on my blog, as to what will happen to the prices as a result, every thing I had mentioned came true, similarly when we started the war in Ukraine, I posted again about its negative effects on the prices, the shortages and the deficits, nothing unknown, yes our own policies are to blame, but it is a shared blame, by the left and the right, then there is the supply chain problem with the war in Gaza. Still if we compare our inflation with the rest of the world we are luckier than many others, since our food supply is still mainly local. Much of the inflation here can still be blamed on price gouging by corporations that are boosting their own profits. We don't want the government to control profits and the government (both parties) is beholden to their rich donors. It is same people here that want the government to stay out of the business's business are the one blaming the government for inflation, get some knowledge about how the world, that we live in, actually works. Ofcourse there will be another bout of inflation as a result of recent hurricanes, no only in housing costs, but also in agricultural products, the interst rate may be staying up a while. M. N. R. 10 OCTOBER 2024

No comments: