Browsed by
Tag: inflation

Oil shocks, stagflation – New Zealand in the 1970’s

Oil shocks, stagflation – New Zealand in the 1970’s

“Those who don’t know history are doomed to repeat it.” ― Edmund Burke I watched a documentary from New Zealand television from the 1990’s which covered the lead-up to the neoliberal  “Rogernomics” reforms of the mid and late-1980’s. It made a one sentence allusion to New Zealand deciding how to spend its surplus from its trade with Britain in the 1960’s and painting the orthodox picture that there was “no alternatives” to the reforms that tore the country apart.  On the…

Read More Read More

Just one (or two) days in Paradise

Just one (or two) days in Paradise

We used to call ourselves “Godzone”. It’s a few years since I heard that  by Michele Beach (via Twitter) There is a new series of bills going through parliament right now that will command control over what you can do with your house, property, farm, and your business. It was sneaked in before Xmas by Labour’s David Parker and submissions closed on Waitangi weekend. Nothing was said in the paid Mainstream Media but it’s out now on the underground media…

Read More Read More

New Zealand’s failing economy: facts and fiction

New Zealand’s failing economy: facts and fiction

Every time we go out for even a short drive we are faced by endless roadworks and orange cones. This can be a sign of fixing infrastructure. It is also a sign of public works designed to hide the true situation.  This started in NZ after the 2008 crash and is now on steroids. *** This next article is a close to honesty that you will ever find in New Zealand. A new research paper suggests the Government and the…

Read More Read More

The Real Inflation Figure in the UK is now over 35%

The Real Inflation Figure in the UK is now over 35%

A lot of rubbish is being talked about inflation figures. The aim, of course, is to reduce the demands of workers who want pay rises. By Dr. Vernon Coleman Currently the official figure provided by the UK’s state statisticians is that inflation is down to 5.3%. And Sunak (the UK’s Prime Minister) claims that he’ll have inflation down to around 2% by the end of the year. The truth, of course, is that this is all utter bollocks. The official…

Read More Read More

Triple-Digit Inflation Coming to USA if Saudi Arabia Dumps Petrodollar

Triple-Digit Inflation Coming to USA if Saudi Arabia Dumps Petrodollar

In recent weeks, a number of indicators have appeared that warn of impending financial trouble. Last week the International Monetary Fund released a new Global Financial Stability Report that warns that a series of cascading shocks endanger global financial stability. The IMF said the health of the global financial system had materially worsened since last year’s report. Nearly every central bank in the world is raising interest rates after years of negative rates. Billionaire Ray Dalio said the US economy…

Read More Read More

All eyes are on Britain

All eyes are on Britain

There were some very interesting comments from a guest on the Duran today.  He talks about how Liz Truss and the entire political class are totally out of touch with the British public and totally useless. He paints a picture of what it is like in Britain today. He talks about the roots of the current conflict, including inflation.  He makes the very relevant point that the public are dumbed down and entirely unaware and disinterested in the important things…

Read More Read More

Runaway Inflation Is About To Collapse The US Economy w/ Peter Schiff

Runaway Inflation Is About To Collapse The US Economy w/ Peter Schiff

Jimmy Dore Show Peter Schiff predicted the 2008 financial crisis, he predicted the spiraling inflation we’re experiencing, and now he’s predicting a widespread economic collapse in the United States that will dwarf anything we’ve witnessed before. Decades of lying and out-of-control borrowing, the government and the Fed have delayed the inevitable, but the bill is now coming due, Schiff tells Jimmy, and the reckoning is going to be ugly.

JPMorgan Chase CEO: Brace for Severe Economic Hurricane

JPMorgan Chase CEO: Brace for Severe Economic Hurricane

All of us are experiencing sticker shock at our local grocery stores. Farmers say we’ve only seen the beginning of massive price jumps in food costs. Typically, the inflation farmers pay today doesn’t show up in the grocery stores for 6 to 12 months. For example, fertilizer prices have jumped 133% over last year. Diesel fuel is selling for record-high prices. Those costs will be passed on to consumers as food products work their way through the supply chain. Some…

Read More Read More

GERMAN € INFLATION AT 33.5%

GERMAN € INFLATION AT 33.5%

This is the producer price index, not the consumer price index. It will take some before the higher prices reach consumers. https://www.investing.com/economic-calendar/german-ppi-739

Wordpress Social Share Plugin powered by Ultimatelysocial
RSS