How is inflation effecting you in 2022?

[GoldDiggerDave]

@HerefordBullyun Thanks for the link  I've watched a few posts like this.  Those in power will not allow the 99% to have any form of freedom finically or economic.  As much as we don't like cash it's the only think keeping some power in the publics hand.    In one of my books about the history of the sovereign there was a quote from the chancellor at the time when there was a run on the UK banks at the start of the 1st world war, I'm paraphrasing he said he would rather only ten million pounds that the government controlled than 20 million (referring to the gold sovereigns in circulation) that was in the hands of the public.  They did not want the power of currency  wealth in the hands of the British people.  

This is the time we ended up with the longest bank holiday in the UK and the outcome when the banks re opened was the Bradbury £1 note.  The fear of incoming threat of war was used to strip the wealth out of the publics hands into the governments.   Furlough and currency creation in 2020 was the same thing, they devalue what you have in your hands with the next threat or fear, 2020 the UK created well over a trillion pounds (created around 935 billion off the top of my head) and then generated countless more billions in loans and furlough payments this is designed to decimate the value of the currency.  2022 The next threat have you noticed the velocity of these threats?  Covid ended and the war start almost on the same day.  Now they have flooded the UK with currency the next move is to nail us again with higher prices devaluing the currency further.  

I don't think this will be enough to completely destroy the currency (unless we have hyperinflation but this could be risky for the government as  the population could get the pitchforks out) so they will be another fear or threat I don't know what this will look like but it will be something the population can believe and go along with Russian Covid, disease caused by immigration the bigots in the UK would lap this up  or some kind of disruption the population is stupid enough to swallow again.  

It's a really simple game plan when you look at this as they know people fear losing what they have so just as long as they can keep what they have they will work longer for less pay and wealth and will accept almost anything the media machine tells them.  

Time to take my tinfoil hat off and go and walk the dog..........

 

 

 

[Paul]

Is the current price of plum jam above inflation? 

[Petra]

10 minutes ago, Paul said:

Is the current price of plum jam above inflation? 

Not my homemade stuff!🍾

[Minimalist]

3 hours ago, GoldDiggerDave said:

(unless we have hyperinflation but this could be risky for the government as  the population could get the pitchforks out)

Yeap

The definition of hyperinflation (im assuming you already know - its for the readers); Over 50% each month. That isnt happening, even in real terms (I would say its around 25% - 30% for the tax year so far). If this continues (the printing, wars, supply issues, possible gbp dumps, new sudden eastern brettonwoods etc) then the real rate will keep trending and get worse to the point of hyperinflation.

Hyperinflation, in the future, is in my opinion, 99% guaranteed at this point. I just cant see the British govt, with the Banks, letting this financialised economy collapse, put money into productive assets and manufacturing. The Bail-in programmes are ready along with the CBDC. More printed money for the Banking sector? That might put us into hyperinflation where the CBDC gives us certain times in the month or maybe in the day to purchase resources/basic needs.

I find it incredible that greater economic financialisation is getting greater support here in the UK, many are under the illusion that this justifies all the printing, are people really that ignorant?

If we dont go into a modern productive economy where our manufacturing and agricultural products are central to our lifestyle then we are completely finished… By 2030. Forget about it completely. All this anti-Chinese propaganda I read by the Financial Times almost daily is embarrassing at this point.

I have read posters on here say the next crash wont push us over the edge while our economy is on lifesupport. If we do survive the bail-in next, it will be by the skin of our teeth, literally. The next one after that its guaranteed to eviscerate us.

We are driving off a cliff and the MSM are pointing at the Chinese are to blame? Nah, dont think so. We are going to f*ck it, big time - the largest in human history! The collapse of the Roman Empire will be picnic in comparison to this coming. Holy f*ck! Can you imagine?!

Its either we take the hit, go cold turkey, or 5 foot 2 mandarin speaking G*** turn up with cash to buy everything for their use, they might even turn up with a gunboat? My gut tells me they want to since the British Empires history in the region.

I know what I would pick hence the purchasing of PMs.

And as members have stated in the past on here "it wont next time" we arent in a linear timeframe of debt, its fundementally cyclical and always fails. All the signals are here, ignoring it wont make it go away.

[sixgun]

[GoldDiggerDave]

For me this is simply not about whinging about the price of bacon.....which I do.   Many families now will have to find another £350-£500 per month when you factor in running 2 cars, 54%+ energy prices, food and all other costs, please keep in mind these are net prices.

If the government forced everyone to keep the same prices and just give households a gross pay cut  of around 6k per year we would have rioting,  yet it's the same thing, most normal hardworking families need to earn 6k a year more just to absorb this costs.  2022 is going to be the start where millions more UK households will be pushed into food/fuel poverty.    

I know most people on here are not what I would class as normal look at @HerefordBullyun, joking aside most on here will be well above the average for either earnings/or stored wealth and will have strategies to be able to absorb or mitigate the effects of inflation.    We have millions of households on minimum wage who will not have the opportunity to either earn more or be in a position where they can  not absorb the costs that are heading their way.

Next time you speak to someone  talking about inflation, tell them they will need to earn another 6k+ per year and watch their reaction as I don't think many have worked this out yet.  

 

Edited April 3, 2022 by GoldDiggerDave

[Rains]

16 minutes ago, GoldDiggerDave said:

For me this is simply not about whinging about the price of bacon.....which I do.   Many families now will have to find another £350-£500 per month when you factor in running 2 cars, 54%+ energy prices, food and all other costs, please keep in mind these are net prices.

If the government forced everyone to keep the same prices and just give households a gross pay cut  of around 6k per year we would have rioting,  yet it's the same thing, most normal hardworking families need to earn 6k a year more just to absorb this costs.  2022 is going to be the start where millions more UK households will be pushed into food/fuel poverty.    

I know most people on here are not what I would class as normal look at @HerefordBullyun, joking aside most on here will be well above the average for either earnings/or stored wealth and will have strategies to be able to absorb or mitigate the effects of inflation.    We have millions of households on minimum wage who will not have the opportunity to either earn more or be in a position where they can not absorb the costs that are heading their way.

Next time you speak to someone  talking about inflation, tell them they will need to earn another 6k+ per year and watch their reaction as I don't think many have worked this out yet.  

 

People still don't aborsb the infomation they just see 20p extra on items then say its only pennys and carry on as normal.The energy bills might actually  cause riots in a  few months  but then again the social  conditioning of social  media will probably stop that

Edited April 3, 2022 by Rains

[Happypanda88]

 

[sixgun]

[Roy]

How is inflation affecting Spain @sixgun?

Energy costs must not be such a concern, at least where heating in concerned?

I spoke to my mum this morning and she said it was 0 degrees.

[sixgun]

1 minute ago, Roy said:

How is inflation affecting Spain @sixgun?

Energy costs must not be such a concern, at least where heating in concerned?

I spoke to my mum this morning and she said it was 0 degrees.

When i went to the local supermarket last week i noticed some big jumps in price - for example there were no tomatoes under 2€. In general stuff i get is more expensive - how much? +10% - easily - +20% could be.
0 degrees? Where?
It snowed where i am for about 5 minutes a couple of years ago - that was the first time in something like 118 years. 
i would say it has been colder and wetter in the last 3 years and definitely colder this year. The wind has a cold edge to it. i am pretty hardy - i have gone through winters in England with no heating. There is no heating in the house in Spain - you just put a jumper on. The problem is usually it is too hot in the middle of summer and i shut the blinds and don't go out in the middle of the day.

[Roy]

Northamptonshire.

I was there a couple of weeks ago and it was cold, but perhaps that is because I'm used to warmer climes 😀

Ah, the siesta! 😉

Only 19 degrees in LA today.

[ady]

10 hours ago, Rains said:

I know most people on here are not what I would class as normal look at @HerefordBullyun

Think the most sane mostly, no bull.

 

11 hours ago, Rains said:

Next time you speak to someone  talking about inflation, tell them they will need to earn another 6k+ per year and watch their reaction as I don't think many have worked this out yet.  

Sad fact is definately me and probably you are paying for those with no skin in the game!

[GoldDiggerDave]

Good to see how its effecting others in different countries. I was In Ldi Saturday morning at 8:30am and the shelves were almost empty all the dried food and cooking oil had sold out.   

I speak with a lady who works there and asked her was was going on, she said there had been some hold up at distribution, then she went on to say it's not going to be a problem soon as people won't be able to afford food soon, she said her gas and electricity bill had gone to almost £300 per month.  I said you need your wage to pay at least somewhere close to £18-19 per hour she replied I need it to be more at this rate.    

It's just starting to kick in with the normal working population realising going to work doing a normal job like millions of people do will not be anywhere enough to live soon.

For me watching this is not simply about whinging about higher prices, it's seeing the population manipulated and hammered into compliance in fear of losing what they have.   

 

 

 

Edited April 4, 2022 by GoldDiggerDave

[Petra]

8 hours ago, sixgun said:

Doesn’t say much for future prices of veg, just seen acres of greenhouses full of cabbage, cauliflower etc. plants getting ready for planting out! A lot of the places now have loads of solar panels.

[Petra]

17 minutes ago, GoldDiggerDave said:

Good to see how its effecting others in different countries. I was In Ldi Saturday morning at 8:30am and the shelves were almost empty all the dried food and cooking oil had sold out.   

I speak with a lady who works there and asked her was was going on, she said there had been some hold up at distribution, then she went on to say it's not going to be a problem soon as people won't be able to afford food soon, she said her gas and electricity bill had gone to almost £300 per month.  I said you need your wage to pay at least somewhere close to £18-19 per hour she replied I need it to be more at this rate.    

It's just starting to kick in with the normal working population realising going to work doing a normal job like millions of people do will not be anywhere enough to live soon.

For me watching this is not simply about whinging about higher prices, it's seeing the population manipulated and hammered into compliance in fear of losing what they have.   

 

 

 

Most sunflower for oils come from Russia and the Ukraine, everyone scrambling to use other things, however that is resulting in price rises

[Stacktastic]

22 hours ago, sixgun said:

It snowed where i am for about 5 minutes a couple of years ago 

I remember that I was in Hondon Niebes 

22 hours ago, sixgun said:

Is anyone else thinking 'they own a greenhouse, why don't they have solar'. 😛 

And cucumbers are the easiest thignsto grow as long as you feed them and dont allow water on the leaves. 
a few plants would supply my house easily - extras can be traded.

Asper the photo you can also grow them with hydroponics & really feed & nurture them properly. 
Solar powered pump, recycled water, hand picking whats the problem!! 

Now a field of corn or whatever with fuels costs, fertiliser costs, pesticides, supply chains etc. - thats a problem. 

Edited April 4, 2022 by Stacktastic

[sixgun]

56 minutes ago, Stacktastic said:

I remember that I was in Hondon Niebes 

Is anyone else thinking 'they own a greenhouse, why don't they have solar'. 😛 

And cucumbers are the easiest thignsto grow as long as you feed them and dont allow water on the leaves. 
a few plants would supply my house easily - extras can be traded.

Asper the photo you can also grow them with hydroponics & really feed & nurture them properly. 
Solar powered pump, recycled water, hand picking whats the problem!! 

Now a field of corn or whatever with fuels costs, fertiliser costs, pesticides, supply chains etc. - thats a problem. 

i assume they will be trying to grow them out of season which will mean heat. Solar panels are expensive - they don't add much in the UK - i doubt they are cost effective or adequate. How many acres of panels would be needed to heat acres of glass houses?
i have seen greenhouses being heated using geothermal - that would mean digging miles of trenches for the pipes - this price hike in fuel has come on pretty quickly. Some people might say it was bound to happen and you should be planning a few years ahead but in reality when it is a lots of work and money as well as thinking outside the box - not many do that.

 

[Petra]

8 minutes ago, sixgun said:

i assume they will be trying to grow them out of season which will mean heat. Solar panels are expensive - they don't add much in the UK - i doubt they are cost effective or adequate. How many acres of panels would be needed to heat acres of glass houses?
i have seen greenhouses being heated using geothermal - that would mean digging miles of trenches for the pipes - this price hike in fuel has come on pretty quickly. Some people might say it was bound to happen and you should be planning a few years ahead but in reality when it is a lots of work and money as well as thinking outside the box - not many do that.

 

Probably realise that for all sorts of reasons everyone should cut back on out of season food crops. At this time of year light is as vital as heat. A lot of the large growers do now use large amounts of solar

[ArgentSmith]

23 hours ago, sixgun said:

There is no heating in the house in Spain - you just put a jumper on.

I take it you not married? 😀

[sixgun]

20 minutes ago, ArgentSmith said:

I take it you not married? 😀

i used to be but she is no longer with us. Heating was never built into the house so it would be quite an expense - which i could spend of sunken treasure. There is aircon and i think it will blow hot but i have never bothered to use it. But i get your drift - women tend to be more demanding - they don't relish the Spartan life like i do.

[modofantasma]

Spoke to a farmer in the UK this week.. 

So fertiliser prices are around £750 a ton which is up from about £250 last year... Fuel also. So with wheat barley etc that is produced in the UK these farmers have been selling last year's harvest which hadn't really been hit by these prices fully. This year's harvest (sold from summer this year through to about summer 2023) will have to bear these costs.

In addition some (smaller) farmers have been deciding to try and do without the fertiliser or reduce how much they're using... This will reduce their cost but also reduce their yield so potentially they'll have less income and money to buy next year's fertilisers and seed for the 2023 harvest. 

What's to say fertiliser prices won't go up again? Can see a fair few farmers getting squeezed unless grain prices rise quite significantly. 

Remember that fuel and fertiliser aren't the only costs to produce and also that a 2 or 3x increase in those won't directly mean a 2 or 3x increase in food price necessarily 

[ArgentSmith]

sorry to hear that @sixgun 

[Roy]

Are you happy to be in Spain in an inflationary period @sixgun?

I can see some 'pros', do you have land/skills to grow produce?

 

 

[sixgun]

9 minutes ago, Roy said:

Are you happy to be in Spain in an inflationary period @sixgun?

I can see some 'pros', do you have land/skills to grow produce?

i am in Spain because i am in Spain. It was a house we had and a place to go. Do i imagine i will be here forever? No. It is not bad here - it is warmer - it is quiet - there is an element of peace. 
i don't have land - i have a big solarium and part is behind glass. i have tried growing but it was a constant struggle watering or else it all dies. There is a local canal - at the end of the road but i have not motivated myself. i have grown food - i grew up in the country, in farmland - everyone grew food. Keeping rabbits for example is not difficult. i think because i imagine moving on i have not done what is necessary - land is not expensive, it is access to water that matters.

Edited April 4, 2022 by sixgun