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Showing results for tags 'inflation'.
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Consumer prices edged up 0.1%, according to new CPI data. That effectively cancels out the wage growth from June. But you already knew this.....
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The War in Ukraine could be responsible for a 20%+ increase in food prices this year. You can probably still buy all your foodstuffs at the store at a premium—but the shortages will affect countless peopleacross the third world. Egypt was once the breadbasket of civilization; now it can’t grow enough food for its 100M+ citizens. Lebanon is rationing wheat, while some countries in Africa are simply going without any food at all. Ukraine and Russia account for 30% of global wheat exports and I think it’s safe to say Ukraine won’t be planting much wheat this year. -
https://www.theguardian.com/business/commentisfree/2021/dec/29/inflation-price-controls-time-we-use-it Price controls, wage controls, rent controls are at the very least the beginnings of a command economy. The Soviet Union also had this idea. They were called Price Czars. Good luck with that. -
"Inflation is a hidden tax" - I love how pointed that out as many people do not have this realization. -
https://www.usinflationcalculator.com/
