Topic: Inflation Worldwide
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jaish's photo

jaish

Tue 04/05/22 03:58 AM


Inflation March 2021 to March 2022 (Y.o.Y)
AP News & others

N. Korea - - - -55.4 % - still firing missiles!!!

Iran - - - - - - 34.5 %

Sri Lanka - - - 18.7 % - Street protests, cabinet resigned

Pakistan - - - -12.7 % - Opposition wants PM to resign

Spain: - - - - - 9.8 % - - 35 year high

US: - - - - - - -7.9 % -- highest since 1982

Germany: - - - - 7.3 % - 40 year high

UK: ---------- - 6.2 % - -30 year high

India - - - - - -6.0 % - poorer, sustainable at 3%

Saudi Arabia - - 1.6 % - break line

China - - - - - -0.9 % - slowed

Japan - - - - - -0.5 % -stagnated

Vietnam - - - - -2.4 % leaf does not stir

Yemen - - - - - -0.7 % - leaf falls not renewed



Russia Y.o.Y - - - 10.0 % random number, No figures available

Since Ukraine war: 15% ( last 2 months) maybe?

Sanctions forecast: 40% (more than Iran, maybe?)




Turkey: - -- - - 61 % - - Russian oil sanctions??

Diesel price rose by 32% over 1 month.
Food by - - - - - - 70% over a month.

https://abcnews.go.com/International/wireStory/turkeys-inflation-hits-61-climbing-20-year-high-83858160






Edited by jaish on Tue 04/05/22 04:25 AM
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Mr Good Guy

Tue 04/05/22 08:59 AM

Interesting....especially N. Korea!
Smartazzjohn's photo

Smartazzjohn

Tue 04/05/22 09:51 AM

I don't trust information that comes out of China.

0.9% inflation rate? I guess it could be possible but it's coming from the same place that blames bats for the Covid19 virus.

Maybe they are trying to entice people to move there and/or entice other countries to become authoritarian communist countries. Heck they might even help other countries set up "re-education" camps.
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jaish

Tue 04/05/22 04:16 PM

Probably the richest people in the world, Sweden was left out deliberately and this brings us to a point:

1. Japan GDP -wise no. 3

Yet, a small earthquake happens and people stand on a soup line

Seems like Saudi Arabia,

Ruling family is wealthy

Saudis, the common citizen is not!!!
(worked in Rabigh, KSA for 2 years)
The government doles out some maintenance cash to the common man, and also a bare minimum per child.
For a Saudi citizen to get married, his prospective bride's father enquires if he owns a house, 3 times more expensive than in US
So a man having a house may get married 4 times while ...


2. Sweden,

GDP is low: 0.5 trillion

Per Capita Income: $52,000

what

This is the country that keeps dishing out excess money as Nobel Prize, aid to countries, etc.



inflation 4.3%
highest since September of 2008,


Where do rich people spend money?

May be it correlates with this list of price increases?

Housing: (5% increase)
pressure came from prices of housing and utilities (4.9%), namely costs of owning the home rose together with higher electricity prices.


Food & alcohol, (5%);
Transport (9%), largely
fuel & rising car prices
recreation and culture (2.2%)
furnishings and household equipment (6.5%),
restaurants and hotels (4.4%).



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Edited by jaish on Tue 04/05/22 04:21 PM
Mortman's photo

Mortman

Tue 04/05/22 10:34 PM


I don't trust information that comes out of China.

0.9% inflation rate? I guess it could be possible but it's coming from the same place that blames bats for the Covid19 virus.

Maybe they are trying to entice people to move there and/or entice other countries to become authoritarian communist countries. Heck they might even help other countries set up "re-education" camps.

It's what you get with a socialist state. Nationalized industry and the CCP can set and keep the same or similar prices this year as last.
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Smartazzjohn

Wed 04/06/22 09:47 AM



I don't trust information that comes out of China.

0.9% inflation rate? I guess it could be possible but it's coming from the same place that blames bats for the Covid19 virus.

Maybe they are trying to entice people to move there and/or entice other countries to become authoritarian communist countries. Heck they might even help other countries set up "re-education" camps.

It's what you get with a socialist state. Nationalized industry and the CCP can set and keep the same or similar prices this year as last.


Yeah, and the media controlled by the CCP would never put out propaganda about their economy and inflation rate. The Chinese economy is why people are flocking to China, and people aren't defecting and leaving, right???

https://www.migrationpolicy.org/article/chinese-immigrants-united-states-2018

The population of Chinese immigrants in the United States has grown nearly seven-fold since 1980, reaching almost 2.5 million in 2018.

----------
Hard to believe that many people left a place with such a stable economy to move to the USA with an evil capitalist economy, right????whoa

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jaish

Thu 04/07/22 03:52 AM

Belgium legislature has applied total sanctions on all imports from Russia. Belgium has urged other nations to follow suit.

Gasoline prices in Belgium are $8.4 / gallon. May not matter to common man since there's a good public transport network.

$6.6 / gallon is the price in India & South East Asia!


US Congress is set to vote on Thursday, total oil and related products like lubricants from and to Russia.

Likely, $5.5 to $6.0 / gallon to continue

Kiplinger News forecasts that inflation is likely to reach 10 % over next 6 months in US and then lower down towards year end

Boris Johnson had already announced to UK citizens to prepare for austerity.

In my opinion, even with US oil flowing Europe is in a tough spot. Likely to face a hard winter.


Edited by jaish on Thu 04/07/22 04:31 AM
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dust4fun

Sat 04/09/22 10:10 PM

Supply, demand, and greed. Fuel prices have an impact on the price of everything. The thing is when we take $1 of gas out of the ground we don't shove a $1 back down the hole. Somebody is making money, actually many people are making money all the way down the line. Many suffer as a few prosper, the government is happy to see it too because they collect more taxes on the products and profits as it works it's way thru the system. The Democrats want high gas prices to push their "green energy" propaganda and gain control over the people. Many people actually saved money during the pandemic by not driving to work, going out, or going on vacation, yet the government choose to hand out boat loads of money, much of went to the wrong people for the wrong reasons. Too much money was blown on things just because people had access, and the shut downs affected the amount of production creating the perfect storm for shortages and price gouging. Why would people work when they can make more staying at home? Or popping out more kids? Walmart is offering $110k a year to work for them driving their trucks, most reasonable people can feed their family off that, but people are lazy and greedy so they are still having a hard time getting people. That causes the prices they charge to go up, then others see that number and somehow they think they are worth that. Greed leads to more greed. The banks and credit cards are also loving it because they make a percentage of each transaction, that's why the offer you money back to swipe your card and charge people 24% interest because all the money is made off the swipe now, they don't want you to carry a balance. The war is just something to blame for things going on just like the pandemic. They just keep creating more problems as part of the control. The vaccines where to wipe out covid, but the drug companies make billions on having it continue while the push new "vaccines" for various things to keep the cash cow going.