I agree with #trump on this, #inflation is way higher than stated: https://www.zerohedge.com/political/trum.. The #used #market is now double, #food #costs are going up ~10% every few weeks, #food is #shrinking ( #shrinkflation ). We are genuinely in a #crisis but nobody wants to #admit it.
@barray on Tue Nov 09 11:39:43 UTC 2021 said: &eApparently the #governor of the #bankofengland is feeling 'uneasy' about future #uk #inflation https://www.lotuseaters.com/bank-of-engl.. Apparently the #bank expects inflation to increase by at least 5% - and I believe them. Bare in mind that we still have a #wage #freeze *and* we have #shrinkflation , #increased #tax and new #climatechange #projects to #fund ... We are absolutely screwed.Things must be *really* bad, the #bankofengland are #apologising for the coming #inflation ! https://www.zerohedge.com/personal-finan.. They are directly suggesting that this will have a very real #impact on #qualityoflife for the average #british person in the #uk ... I can only imagine that every other #country is yet to wake up to to this reality.
#inflation is now happening in the #us in the form of #shrinkflation https://timcast.com/news/shrinkflation-h.. Have fun! They haven't even begun #printing #fake #money yet!
And so #inflation begins, but instead #shrinkflation https://www.npr.org/sections/money/2021/.. I've noticed this also over the years, but apparently this is happening *even more* in recent times. Smaller #packages have smaller #mass , #cheaper #manufacturing and slightly less #shipping costs.