#inflation #costofliving #heisesays
Inflation and the cost of living skyrocket as everything gets more expensive.
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Latest US inflation number comes out tonight.
People complain about paying $10 for groceries that used to cost $9 but they'll happily pay $1,000,000 for a house that's worth $700,000. Bring on a 10% CPI and a 5% cash rate. Keep spending!!
The truth is with this recent economy Everyone needs more than there salary to be financially stable. The the best thing to do with your money is to lnvest it rightly because money left for saving always end up used with no returns..
It's certainly an interesting number.
This will test the independence of the RBA.
Hint: If rates don't lift in Feb, the RBA is not independent.
Up up and away .50 If the RBA is going to do what he’s paid a million a year salary for 👀👀😉😉😉⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️😉💰🙏
Some people say govt deficit spending is causing the current inflation spike.
Please Australia keep spending out of you means, I might get 8% on my savings.
The value of goods in terms of each other is roughly constant.
Inflation indicates a reduction in the value of money – print money, increase supply and the value drops
Vege garden, if you have limited space you can grow in pots.
But dont forget, house prices arent part of cpi 😅😅😅
dont worry, the inflation will be in the double digits by the end of next year
The recession is becoming a depression. Start a garden yesterday.
Wake Up Philip! Your silly little 25 basis points are doing SQUAT !!!
Welcome to Socialist Australia !!.
Advice on saving money hmmm buy gold and take it out of the banks.
This is a good review Heise Says
I kinda wonder about the nutrition of these grossly indebted mortgage fodder…. There might be another story in that Florian…
if a burger joint has to sell 1000 burgers a week to pay costs and due to less discretionery spending, they only sell 500 burgers.
Burgers then increase by 100% just to pay the business costs……inflation or inefficiency?
it is all bullshit…..
Inflation and interest rates only hurts the poor….fking psychopaths……
From the Washington Post June 10, 2021
How do government spending and the growing deficit affect inflation?
Higher government spending and higher deficits (when the U.S. government spends more money in a year than it brings in from taxes and fees) tends to drive inflation higher.
Some economists voiced concern when Democrats passed President Biden’s $1.9 trillion relief package in March that it would overheat the economy, leading to higher prices
And Airbus giving everyone effected by the floods in Northern WA $10,000 each.
Hey Airbus………..
How’s that plan off yours? 🤷♂️ We are all keen too hear it 🥺
Can vouch for it all tastes the same .was working at the pig factory, the pig gets cut up into different parts and goes to Woolies, coles and Aldi … quite literally the same pig 😂 different prices
Keep sending billions of dollars to ukraine after getting our arses kicked in Afghanistan
as it all melts I smile inwardly – glad I have my garden, chickens, creek and fruit trees.
I thought it was your international channel. What happened to it?
Of course it is…the inflation is not because of spending.