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INFLATION - WHY ITS SCAM

Education people into idiocy

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Blackjack

Blackjack  Male  South Yorkshire
26-Nov-2021 13:23 Message #4848440
Inflation is a great thing for some. Its not great for ordinary people as they find their money goes less that far - they have to cut down on things they already have cut down on.

So inflation allows money to lose it value – and is what governments use through manipulating the money supply. When it prints lots of money – it boosts the costs of assets, house prices rise as does the stock market so the elites the people who count are happy. Using this increase or flood of money allows them to buy up stocks and assets, as the market will rise so they are in effect buying at the bottom end as prices over time increase thanks to an increase in money supply or debt..

So the poor are hit worse, but who cares about them, they are lazy, dirty and mindless people, who do not have a voice and are prisoners of their circumstances, in which they will rot in throughout their inconsequential lives.

But from a government point of view it’s the best tool they ever invent, solving future problems. Today the government is in debt, but as they have to pay today’s debt fat in the future, at almost no interests, its not a problem unless interest rates rise significantly. Only idiots raise interest rates when government debt is so high as it would bankrupt them overnight.

So government’s always like to spend, which creates debt, which has to b be repaid sometime in the future, but to get rid of the debt, we have inflation a wonderful magical device that makes debt almost completely disappear over time.

Lets assume you bought your home 20 or more years ago, it’s the same home, regardless of the improvements, the land its on is the same, BUT the value has increased. In London for instance a property 100K around 20 years ago in now worth around 1.5 million which is wonderful for the owner, but the property itself is the same one that cost 100K.

So one needs more money to buy the same object or home, so if you had to pay the mortgage then with today’s value of money, the payments are petty, not just because of interest rates but thanks to inflation the cost of the initial debt is petty.

So when government borrow billions or trillions today, which they have to repay in decades to come, they know that using inflation makes the debt almost disappear completely, as I have tries to demonstrate.

Thanks to inflation over time the pound becomes increasingly worthless.

So when the government states its borrowing is high, and they have to pay the debts its somewhat misleading if not an actual lie. They do have to pay the debt back but like the property in London it becomes a fraction of the asset price today, in 20 years

But by telling the uneducated mob, about the debt which they apparently benefit from it government to create Austerity squeezing more money out of the unsuspecting idiots, though raising and inventing various taxes. So council tax goes up, fares go up, duties go up, and this demand for more money from the idiocy allows inflation to rise overall, as everyone has to pay for the basic increases as prices rise and money devalues..

So with this newly squeezed money a government can now buy nukes, warships, cyber weapons, increasing the military spending which as you now know cost nothing, as the idiocy pay for governments to start wars, pay billions more for railways than it actually costs, bail our friends, subsidised industry and so on. However much the debt, billions or trillions in 20 or more years when the debt has to be repaid it’s mostly disappeared relatively speaking.

To today we have a global military Britain with bases and troops all over the place, trying to crush with the USA - China and Russia who have unimaginable natural resources corporations want to get for free, like in Iraq, the oil and infrastructure that never happed. Meanwhile ordinary people, nurses, lorry drives, doctors, and the rest of people who actually work and keep the county ticking - pay and pay and pay as th
Blackjack

Blackjack  Male  South Yorkshire
26-Nov-2021 13:24 Message #4848441
and pay as they get increasingly driven into poverty and the only sector booming is the food banks together with government coffers through borrowing and extorting money for the idiocy.
tsunamiwarrior

tsunamiwarrior  Male  Hertfordshire
26-Nov-2021 13:26 Message #4848442
Wiki. In economics, inflation refers to a general progressive increase in prices of goods and services in an economy.[1] When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.[2][3] The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualised percentage change in a general price index.[4]
Prices will not all increase at the same rates. Attaching a representative value to a set of prices is an instance of the index number problem.[5] The consumer price index is often used for this purpose; the employment cost index is used for wages in America. Differential movement between consumer prices and wages constitutes a change in the standard of living.
Most economists favour a low and steady rate of inflation.[6] Low (as opposed to zero or negative) inflation reduces the severity of economic recessions by enabling the labor market to adjust more quickly in a downturn, and reduces the risk that a liquidity trap prevents monetary policy from stabilising the economy.[7] The task of keeping the rate of inflation low and stable is usually given to monetary authorities. Generally, these monetary authorities are the central banks that control monetary policy through the setting of interest rates, by carrying out open market operations and (more rarely) changing commercial bank reserve requirements.[8]
tsunamiwarrior

tsunamiwarrior  Male  Hertfordshire
26-Nov-2021 13:28 Message #4848444
Definition[edit]
The term inflation appeared in America in the mid-nineteenth century, “not in reference to something that happens to prices, but as something that happens to a paper currency”.[9] Today, however, it is understood as referring to a sustained increase in the general price level (as distinct from short-term fluctuations).
The expression “price inflation” may either be synonymous with “inflation” or reflect some more restrictive definition of “price”. Changes to the wage level are described as “wage inflation” and changes to the money supply as “monetary inflation”. These terms are sometimes assumed to identify the causative factor.
More specific forms of inflation refer to sectors whose prices vary semi-independently from the general trend. “House price inflation” applies to changes in the house price index[10] while “energy inflation” is dominated by the costs of oil and gas.[11]
Related concepts[edit]
Other economic concepts related to inflation include: deflation – a fall in the general price level; disinflation – a decrease in the rate of inflation; hyperinflation – an out-of-control inflationary spiral; stagflation – a combination of inflation, slow economic growth and high unemployment; reflation – an attempt to raise the general level of prices to counteract deflationary pressures; and asset price inflation – a general rise in the prices of financial assets without a corresponding increase in the prices of goods or services; agflation – an advanced increase in the price for food and industrial agricultural crops when compared with the general rise in prices.
Jeff

Jeff  Male  East Sussex
26-Nov-2021 14:40 Message #4848456
RT (Russia Today) article "Rising food prices spark fears for Russians" (18-Nov-21) includes:-
"Food prices in Russia are spiking at an alarming rate, the head of the Central Bank has said, calling for immediate action to reduce the cost of basic products in supermarkets to protect the country's most vulnerable citizens.
Speaking on Thursday in the State Duma, Elvira Nabiullina remarked that Russians earning lower incomes will be most affected as food shopping takes up a large chunk of their monthly expenses.
The Central Bank chief explained that the current rate of overall inflation is around 8% and that it is necessary to halve it to just 4%. 'Now it is twice as high as our target, and food inflation has spiked in the double figures.'
*'If we miss inflation now, the least-protected groups of the population will suffer,' Nabiullina warned, stating that price increases destroy people’s quality of life.
She noted that the spiralling costs hitting shoppers' pockets resembles circumstances in both the USA and Germany in the 1970s.
Concern over the rising cost of products, however, has consistently been highlighted as an issue hitting ordinary Russians
A poll in August by the Levada Center, which is registered as a foreign agent in the country over links to overseas funding, said that nearly two out of every five citizens had gone without food and drink due to a lack of money in the past six months. Figures published weeks before showed that food prices had jumped 7.4% in the past year.
The survey also revealed that around half of all Russians have had to skip purchasing clothes and shoes because of a shortage of cash. Meanwhile, 71% opted to not buy essential large homeware items.
To combat the inflation rate, the government created export quotas, potentially increasing the domestic availability of products made within the country. The Central Bank, meanwhile, upped the interest rate."

China Daily (Chinese Communist Party) article "Experts: Rising inflation may lose momentum" (11-Nov-21) includes:-
"China's rising factory-gate inflation may lose some momentum after hitting a record high in October and mitigate the cost pressure facing the economy over the coming months, experts said on Wednesday.
The producer price index [PPI], which gauges factory-gate industrial goods prices, rose 13.5 percent year-on-year last month, up from 10.7 percent in September and reaching a record high, the National Bureau of Statistics said on Wednesday.
Dong Lijuan, a statistician at the bureau, said the rising PPI is attributable to higher international oil prices and the tight domestic supply of energy and raw materials.
Meanwhile, the growth in the consumer price index, a main gauge of inflation, remained mild at 1.5 percent year-on-year last month, up from 0.7 percent in September amid rising vegetable prices, the bureau said.
The readings combined to send the difference in PPI and CPI growth to a record high of 12 percentage points, an indication that the profits of midstream and downstream enterprises have been further squeezed, which limited their capability to invest, experts said. ...
Lu Ting, Nomura's chief China economist, said year-on-year PPI growth may drop to 11.6 percent in November, due to the contained rise in coal prices and falling investment demand amid a weakening property sector.
Some are more cautious and believe it remains possible for industrial goods prices to further increase. A Chasing Securities report said the PPI growth may go up to 14.2 percent in November due to the global energy shortage and a cold winter."
Blackjack

Blackjack  Male  South Yorkshire
26-Nov-2021 20:21 Message #4848553
What a fantastic response to my conversation - two knowledgeable people telling me the bleedin obvious but in a convoluted way of course, explaining economists ideas on its merits and the information Russia is experiencing it too. Adding nothing to the point of the piece which was about THEFT. Inflation is all about THEFT.

But it proves one thing no contributor actually read anything apart from the headline and thus assumed that they knew things of importance that has to be stated, proving their worth and also proving they do not have a clue.

It reminds me of a bunch of clever idiots looking at a hefty piece of wood shaped a bit like a baseball bat, in which the educated idiots familiar with aspects of knowledge compete in order to display their vast knowledge of its colour, the grain of the wood, the carving technique, and its artistic merits suddenly become the point - whereas I pick up the said piece of wood, and bash each one on the head informing them simultaneously the discussion was about its function – which clearly each of the educated morons knew nothing about.

THE POINT OF INFLATION IS TO ROB ORDINARY PEOPLE OF THEIR WEALTH and I explained how its done and why. G Inflation allows the general social economic division to remain as they are – carers who work all hours doing their best get insulting wages that require food bank attendances, while the rich and educated do no more than tell the minions what to do, while raking the money in. I explained how Inflation is designed to continuously impoverish ordinary people to keep the social order and for the rich and powerful, where their self serving value system of wage slavery and social structures are maintained.

But thanks for you immaterial nonsense and maybe you might like to actually read a fraction more than the headline instead of proving you know sod all - but attempt to inflate your narcissistic egos and thus can only be awarded a generous 3 out of ten, and count yourself lucky on that one, as other would have been given much less.


By the way over two years ago I mentioned the point of Covid was to crash the global economic system thought introducung hyper infaltion and at last we have that predictable global jump in prices for the plebs. By the way do you think the wages of the producers have increased at all? Are ordinary people paid more? NO its all about price manipulation but that is for another conversation well beyond the contriobuters knowledge or possible imagination to date. They can only identify inflation so well done numpties!!
Jeff

Jeff  Male  East Sussex
26-Nov-2021 20:51 Message #4848558
It is true that inflation can greatly reduce debts.
And that inflation is partly caused by greedy wealthy people and companies.
And I've also thought it grossly unfair that you can "earn" more by having a house (due to its rise in value) than by working hard, and that the bottom of the housing ladder keeps rising above what many people can afford.

But inflation is a complicated topic, as there are many factors involved.

Inflation reduces certain assets, which wealthy people don't want to be reduced.
Inflation can also the government to reduce interest rates, which wealthy people don't want to be reduced.

Please tell us, Blackjack, exactly how would you prevent inflation?


Blackjack: "But it proves one thing no contributor actually read anything apart from the headline"
That is false.

Blackjack: "THE POINT OF INFLATION IS TO ROB ORDINARY PEOPLE OF THEIR WEALTH"
So why do Russia and China have inflation? (My posts are quotes from pro-Russian government RT (Russia Today) and pro-China government China Daily.)

Blackjack: "a government can now buy nukes, warships, cyber weapons, increasing the military spending"
Do Russia and China have nukes, warships, cyber weapons, increasing the military spending?

Blackjack: "the point of Covid was to crash the global economic system"
So do you think that China created and/or spread Coronavirus deliberately?
Blackjack

Blackjack  Male  South Yorkshire
26-Nov-2021 21:16 Message #4848563
Mould is a good thing for poor people - it makes them more prone to pulmonary conditions - thus the constant inhalation of fungal spores help create this condition as with little ventilation it concentrates every inhalation dose. I would suggest cranking up the central heating, or insulation as black moulds requires certain conditions that crap housing provides.

Walls get wet in externally winter, which allows them as do north facing walls to get very cold. Human exhale around a pint of water ever night when sleeping and cooking also provides moisture. This moisture rises up to the ceiling level as that is always warmer than the floor level - unless you have underfloor heating of course. The walls up there are very cold and the moisture condenses on the absorbent plaster, which provides a fantastic environment of fungal growth as we inhale spores and exhale them with every breath thus sowing the seed for the poor to induce pulmonary problems.

Children reared in such conditions will later in life be more susceptible to "problems” but such condition are good for governments - as they reduce life expectancy, as we kill en-mass in this country using the tool of neglect, which Covid I think demonstrated so very well.

So while the military are scuttling about around China and Russia creating mischief, you can be glad the poor in our country are getting poorer, their diets are getting worse, their housing is being left to rot, and they will all die at a younger age, as why waste money on social housing, why waste money on the poor, lets keep people out of the hospitals, lets start to get to grips will culling the old, sick, mentally retarded, the frail and most of all the poor - using neglect - so no individual or institution is responsible, let them crawl in all weathers to the food banks for cheap crap foods - ,

The government in the 2012 Healt Act changed the rules, our Government is no longer responsible for the health of the people in our Nations - don't you just love the style of our caring Conservative Culling party?

So remember you are on your own, and please do not bother the NHS just dies quietly like the thousands do every year,
NoSaint

NoSaint  Female  Devon
26-Nov-2021 21:53 Message #4848576
Jeff Sex icon 26-Nov-2021 20:51
It is true that inflation can greatly reduce debts.
And that inflation is partly caused by greedy wealthy people and companies.
And I've also thought it grossly unfair that you can "earn" more by having a house (due to its rise in value) than by working hard, and that the bottom of the housing ladder keeps rising above what many people can afford.

But inflation is a complicated topic, as there are many factors involved.

Inflation reduces certain assets, which wealthy people don't want to be reduced.
Inflation can also the government to reduce interest rates, which wealthy people don't want to be reduced.

Please tell us, Blackjack, exactly how would you prevent inflation?


Blackjack: "But it proves one thing no contributor actually read anything apart from the headline"
That is false.

Blackjack: "THE POINT OF INFLATION IS TO ROB ORDINARY PEOPLE OF THEIR WEALTH"
So why do Russia and China have inflation? (My posts are quotes from pro-Russian government RT (Russia Today) and pro-China government China Daily.)

Blackjack: "a government can now buy nukes, warships, cyber weapons, increasing the military spending"
Do Russia and China have nukes, warships, cyber weapons, increasing the military spending?

Blackjack: "the point of Covid was to crash the global economic system"
So do you think that China created and/or spread Coronavirus deliberately?
---------------------------

You won't see many answers.
Blackjack

Blackjack  Male  South Yorkshire
26-Nov-2021 22:09 Message #4848580
Ooooopse!!!!! - wrong place to past the above. - but now rectified.

So Jeff having now read a bit of the original conversation now decides to contribute.

Obviously some statement are difficult to understand JEff such as "THE POINT OF INFLATION IS TO ROB ORDINARY PEOPLE OF THEIR WEALTH"

So asking this question Jeff's brainwave" - So why do Russia and China have inflation?* (My posts are quotes from pro-Russian government RT (Russia Today) and pro-China government China Daily.)

Maybe to rob people of their wealty, especially savings JEFF, the answer was in the forst part of the question!!!

You obc viously do not understand the actual point of inflation - you believe the Ministry of Truth statement of course, because you are a adrent believer in the truth such offical organisms produce.


You are brilliant at pretending to say someting Jeff but actually saying nothing whatsoever, adn in academoic you would be laughed out of the club - for instance - But inflation is a complicated topic, as there are many factors involved. so its a meaningless statement on its own as its ambiguous, life Jeff is a complicated thing for most people and like yours there are many factors involved which tell one NOTHING!!!

Another load of implied argument which is nonsense is - Inflation reduces certain assets, which wealthy people don't want to be reduced - YES they do Jeff read the whole of my piece I explanied it simpley for ordinary folk. Savings are enviscerated, but the rich do not save JEFF they invest as they alone have access to free money whereas we have to pay interest Jeff.


When you ask a question Jeff like - *do you think that China created and/or spread Coronavirus deliberately?
* You demonstrate you have given yourself the answer you wanted. You know the wuestion to ask at anytime something s happens that affect anyone anywhere at any time - its two words "Qui bono" or for the greater unwashed WHO GAINS.

it answers the inflation question and almost every question you are capable of asking, but when you construct your own answers you demonstrate a lack of interest in anything but your own predetermoined answer - who wants to talk to the deaf Jeff?

Jeff fairness is not part of the economic game, its rigged agaist ordinary people who pay more tax than billionaires Jeff!! A housmaid employed by such people pay more tax than their employer. One had to keep the vermion dowen jeff- have them scratching about it keeps the mites busy adn not interferring with their betters.

Then the jeff Cleric stand up on his PODIUM and filled with conviction adn cynicism to boot askes a question that my piece explained simple but obviously not simplyu w enough for the fact checker, who depth of conprehension I mean complete lack appears to be exposed.

The Geniune Jeff Numbskull askes -- Please tell us, Blackjack, exactly how would you prevent inflation? One can alsmost smell the incentrity - Well My Cleric Numpty - if inflation is a construct designed to s rob people of ther money adn savings jeff, and in reality does not exist but made to exist by manipulation of figures, markets and so on - what might be the way to prevent the crooks or criminals from creating this subtle scheme Jeff? Gas prices are over £1000 per thousand cubic metres on the spot market Jeff - do you understand that Jeff??? Russia sells its gas to people who take our long term contracts for $200 - 200 dollars for 1000 cubic feet of gas jeff. So why the differnece jeff? Who gains Jeff, Might the MARKET be manipulated Jeff/ Might someone be making a fortune from it Jeff adn who pay for the gas Jeff, did you know the end consumer pays JEff ordainary people Jeff, so who are screwed Jeff?

Who Gains, Qui -Bono answers many question today and the answers Jeff are not always ones one want to know as explaining why people do this to otehrs, demonstrate a contempt for humanity Jeff is anotehr set of questi
Blackjack

Blackjack  Male  South Yorkshire
26-Nov-2021 22:11 Message #4848582
question fortunately explored after WW2 by psychologists who wnated to know why people can be so - f-in - awaful at times this is normally taught in the first year or two in psychology in universitiies globally jeff. Why not do a year or two of an Open University Course jeff? You never know you just might learn something.
Wandering4fun

Wandering4fun  Male  North Yorkshire
26-Nov-2021 22:12 Message #4848583
So Jeff having now read a bit of the original conversation now decides to contribute.

Is it a worthwhile contribution. Jeff and others find the truth unpalatable.
Wandering4fun

Wandering4fun  Male  North Yorkshire
26-Nov-2021 22:14 Message #4848584
You obc viously do not understand the actual point of inflation

Blackjack, your own explanation of inflation was excellent but as you point out on numerous occasions the MSE cabal are too thick to understand.
SQL

SQL  Male  Devon
26-Nov-2021 22:17 Message #4848587
Looks like the moonshine is kicking in !!

SQL

Blackjack

Blackjack  Male  South Yorkshire
27-Nov-2021 01:07 Message #4848603
To be completely honest I do treat idiotic things people write as the stupefied tribe of the lost and disorientate and treat them as creatively moronic as I can - I realise its not completely their fault, they a have been conditioned to see the world and its working is a particular way, just as I was, and the thought that the people who are the riches, earn the most, can exercise power, and infect as well as effect people's lives with cruel intent is something they cannot comprehend. They judge people though their own narrow lens, by their own values of themselves, so to speak. So they see what they want to see, part of the whole, but their world is framed by their conditioning, which they do not accept exists, and they are not victims of propaganda or exploitation.

I was also brought up to see the best in people, to be optimistic about the future, to have faith in people leading the country, as they could understand and see things I knew noting about and possibly might not be able to understand.

Changing ones perception is possibly the most difficult thing to do, because it has no reality outside of what I thought or knew. I found out I was just another stupefied idiot that worked to pay bills, and tried to live for the weekend where the smell of freedom beckoned, despite the fact I had little money to spend after rent and stuff.

So Jeff who is possibly the most vociferous person on this site, working hard to support his beliefs, hence the fanatic Cleric, with a narrow understanding as cannot think for himself, hence his fanaticism for fact checkers, - and as for the Orwellian symbolism - he is not in his own mind anything but rigorous. He plays safe, only contributes to certain subjects, all in a predictable, prescribed and repetitive way.

He tries too hard, lacks personality and spirit which only emerges when he feels threatened or abused. I poke fun at him, as he is so absurd, but underneath it all somewhere I detect a real person, trying to emerge, who has become so entangles in a fake construct, that showing him how to disentangle himself ends up in even more enmeshed in confusion, which he sees as the ONE AND ONLY TRUTH.

He assumes authority has his best interests at heart, hence he replied to this conversation too, defending their abuse as usual - but with a consistent ineptitude that runs though all his attempts at painting the true reality as he understands it. But he is not alone, but at least he actually tries to understand my completely different perspective through trying to undermine it constantly - and fails every time, as I have a store of evidence his fart checkers are not even aware of.

He and others to varying degrees, reminds me of someone who does not understand women, Jeff is not the only one who would not know what to do with a woman's clitoris which translates though his explanations a befuddlement why I cannot accept the word of truth checkers, the gods of TRUTH. If you want to keep any woman its simple, an orgasm a day keeps the rest of the male fraternity away, its that simple. And like most males on this site, its not their orgasm that is important its hers. This is what the jeff brigade cannot comprehend at all – the truth is if a male gets great satisfaction the women does too. Its what they have been taught, its their reality, and it sometimes worked for a time, but they are alone, single right now and that is their reality and they do not understand why.

So with Jeff its not just he does not understand the depth of the subjects he deals with but with sex its equally superficial as well. It’s a common male condition, they know best, hence they are on their own and its not a choice it’s a condition. One never judges the degree of satisfaction in a relationship by how much oneself gets out of it, something incomprehensible to the AVERAGE male. They cannot believe they are in a relationship to please and amaze the other, to stupe
Blackjack

Blackjack  Male  South Yorkshire
27-Nov-2021 01:11 Message #4848604
to stupefy them with feelings so that they associate you with a particular sensation that gives them butterflies inside when they think or associate it with theri unexpected wonder person, Like one associated a particular incident with a pop song or piece of music. One is associated with something far more tingling - A male becomes the conductor of the music - the pied piper. Poor old Jeff is follower, a fart checkers pimp with an absence of originality that is astounding. He is the sort of child that having learned the game of snap wants to play it all the time, and refuses to try different card games. So though him I attempt to amuse others like him, stuck alone in their lonesome rut, knowing they are completely Fk-ed. So how one writes, and what one writes about is in effect demonstrating ones bedroom behaviours – and jeff and others make watching paint dry seem far more exciting than being with them. My job is to enlighten the ignorami into caring more, opening up more and realising their dreams can come true, when loved to bits, and desired like mad, and demonstrating to someone else how much they love them. Sex is not about bringing a few beers to the party or a bottle of wine and then drinking it all and then looking for more, its about bringing the wine to the party or the beer, not drinking a drop yourself as you have given it away for free, and then you start saying hello I love you can you tell me your name to everyone you fancy, and who knows a female might be bored enough to take a chance with such an idiot. So take it from an professional idiot, pleasing women is possibly the most wonderful experience there is to be experienced on earth – its not easy but its beyond words.
HotOrWot

HotOrWot  Male  Lancashire
27-Nov-2021 07:36 Message #4848605
Wiki. In economics, inflation refers to a general progressive increase in prices of goods and services in an economy.[1] When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.[2][3] The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualised percentage change in a general price index.[4]
Prices will not all increase at the same rates. Attaching a representative value to a set of prices is an instance of the index number problem.[5] The consumer price index is often used for this purpose; the employment cost index is used for wages in America. Differential movement between consumer prices and wages constitutes a change in the standard of living.
Most economists favour a low and steady rate of inflation.[6] Low (as opposed to zero or negative) inflation reduces the severity of economic recessions by enabling the labor market to adjust more quickly in a downturn, and reduces the risk that a liquidity trap prevents monetary policy from stabilising the economy.[7] The task of keeping the rate of inflation low and stable is usually given to monetary authorities. Generally, these monetary authorities are the central banks that control monetary policy through the setting of interest rates, by carrying out open market operations and (more rarely) changing commercial bank reserve requirements.[8]

cont...
HotOrWot

HotOrWot  Male  Lancashire
27-Nov-2021 07:37 Message #4848606
Definition[edit]
The term inflation appeared in America in the mid-nineteenth century, “not in reference to something that happens to prices, but as something that happens to a paper currency”.[9] Today, however, it is understood as referring to a sustained increase in the general price level (as distinct from short-term fluctuations).
The expression “price inflation” may either be synonymous with “inflation” or reflect some more restrictive definition of “price”. Changes to the wage level are described as “wage inflation” and changes to the money supply as “monetary inflation”. These terms are sometimes assumed to identify the causative factor.
More specific forms of inflation refer to sectors whose prices vary semi-independently from the general trend. “House price inflation” applies to changes in the house price index[10] while “energy inflation” is dominated by the costs of oil and gas.[11]
Related concepts[edit]
Other economic concepts related to inflation include: deflation – a fall in the general price level; disinflation – a decrease in the rate of inflation; hyperinflation – an out-of-control inflationary spiral; stagflation – a combination of inflation, slow economic growth and high unemployment; reflation – an attempt to raise the general level of prices to counteract deflationary pressures; and asset price inflation – a general rise in the prices of financial assets without a corresponding increase in the prices of goods or services; agflation – an advanced increase in the price for food and industrial agricultural crops when compared with the general rise in prices.

Good informative information on inflation. Better than the drivel and nonsense by some.
HotOrWot

HotOrWot  Male  Lancashire
27-Nov-2021 07:38 Message #4848607
But inflation is a complicated topic, as there are many factors involved.

True words Jeff.
Maglorian

Maglorian  Male  North Yorkshire
27-Nov-2021 16:35 Message #4848679
Thought provoking theory BlackJack. Challenging discussions generate lively debate, but sadly; it also stirs fear in some. Hence the usual trolls like the above three with the same account. Revealing explanations of hidden agendas by our government and corporate controllers, will always stir up some knuckle dragging Boot lickers and comfortably numb types, who attempt to spoil the discussion, by bringing it down to "clitoris" and copy and paste moronic smears. I have found that anyone who steps out of the expected 'norms', of the mse subculture boundaries and who doesn't subscribe to the shallow discussions and compliance discourse, are eventually relentlessly hounded and trolled out of their imaginary cosy cliche, that fosters their ignorance and maintains their conformist fear.

No harm in shaking the trees. But better to ignore the monkeys that fall from it's branches. They get awfully peeved and deflated, when their version of reality is questioned.

Illegitimi Non Carborundum!
NoSaint

NoSaint  Female  Devon
27-Nov-2021 16:43 Message #4848680
Hahahahaha. Spotted you on the "who's online and wondered how many minutes before I saw a Mags appearance on the BJ thread,

.Maglorian, AvitoDauphine, Wandering4Fun, Witheflow, withgoodintent, to use just a few of your names, you cannot escape your neo liberal cabal by pretending to have socialist ideals and pretending to care about others and pretending to want to help the poor. You really nasty piece of work.
You mock council house tenants? You laugh at littered communities? You make racist comments? You make snide homophobic remarks? You hate seeing the poor being helped and attack every thread where caring people try to help others. The use of fake images, verbal insults to “non-agreers”, multi profiles including a female one with access to the “ladies” room.
The only contribution you have made to the forum is reviving all the excellent votes which float around whenever one of the abhorrent trolls makes an unwelcome appearance.


But at least you think that mse members are only monkeys when the BJ persona thinks they are sex offenders.
NoSaint

NoSaint  Female  Devon
27-Nov-2021 17:16 Message #4848681
How long before he comes back as Blackjack haha.
SQL

SQL  Male  Devon
27-Nov-2021 19:52 Message #4848702
Maglorian - 27-Nov-2021 16:35

Thought provoking theory BlackJack. blah ... blah ... blah etc. etc. ad nauseum blah ... blah conformist fear.
Illegitimi Non Carborundum!


The latter, I presume, is intended to refer to some sort of Italian knife sharpener, but it's certainly not Latin (yes I do know Latin), does that refer to your father/mother Mags? Why the 'Illegitimi' ?

SQL
capnblackbeard

capnblackbeard  Male  Hertfordshire
27-Nov-2021 19:59 Message #4848703
Illegitimi non carborundum is a mock-Latin aphorism, often translated as "Don't let the bastards grind you down". The phrase itself has no meaning in Latin and can only be mock-translated as a Latin–English pun.


i would have thought mr latino would know+n that,lol
SQL

SQL  Male  Devon
27-Nov-2021 20:08 Message #4848704
Thank you Mags/capnblackbeard for your input.

However - you put "often translated as" and then later "can only be mock-translated" - these two statements are not congruent in their meaning. So which is it?

SQL

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