I think “will last until the eventual climate apocalypse” would be a more truthful representation.
Obviously….
This is a result of quantitative easing by the US and EU in the run up to and during the pandemic.
If you increase the money supply, the value of the money will decrease. That’s basic supply and demand.
The war in Ukraine has certainly had an impact, but the bottom line is that the current global rise in inflation is directly and predominantly linked to QE policy.
aka: *I’m not going to be doing anything t address it*
People under 30 have been living in a cost of living crisis for over 5 years. Only right the rest get a turn.
“The cost of living crisis can’t be fixed overnight.”
– FG, 2032
We’ve tried nothing, and we’re all out of ideas!
Hmmm..if only we had a system or group of people in charge of dealing with this sort of thing, governing if you will….if only…..
I mean it definitely will in Ireland.
Just like the USC charge or the housing crisis. It’ll last years and years and years, until it’s just normal.
Unfortunately , FFG have lasted years.
Oh wow.
What I love about this guy is his attention to detail, his uncannily precise predictions that anticipate problems and his can-do attitude that always presents solutions
He’s like a fireman who stands by on the road, watching a house burn whilst casually commenting how bad it is and how long it could go on for.
He’s a fucking waste of atoms.
Then maybe you should start fucking doing something about that and try and reduce the impact and length of time we’ll all be feeling fucked for then? How about doing that instead of trying to unsubtly tell people “get fucking used to this, it’s going to be painful for a long time”?!
It *has* lasted years, you unbelievable assholes. Anyone who’s been renting has faced a cost of living crisis since around 2018.
Well at least his political career won’t
Ruling class wealth grab “To last as long as we can milk the fucker”, says Tánaiste
Any that works with commodities or raw materials will understand how much cost have risen over the past few years and prior to that some commodities like grain were already hiking.
The real question is when or will it come down.
Looking at 08-12 in food, it was the like of Aldi and Lidl that put pressure and Dunnes and Tesco to bring their prices down. Brexit is still a huge impact to supply chains that people just haven’t worked out yet.
Some people out there really think some things were too cheap in the first place and needed to rise, most of the issues were seeing on a constant basis is an ineffectiveness to hedge appropriately against risk.
Energy and fuel companies have a very established business model that insulates them from any crisis to date. OK, you’d expect prices to rise with supply chains cut or disrupted, but we’re told to suck it up while our energy suppliers are boasting record profits. It’s war profiteering, pure and simple and we have a government that favours the market over its people.
Yeah, no fucking way
Off mic
“for the plebs…..”
the most useless government in the most expensive country in Europe
New normal and all that
profiteering by companies just like many did during covid, I know some companies in other countries paid back their government handouts because they were making so much money but haven’t heard many doing it in Ireland.
It will be interesting to see companies accounts next year or later in the year to see how much profiteering is going on under the guise of inflation and war in Ukraine. We have to be open about these things because during the lockdown shipping companies made more profit in six months! then they did in 10 years and all we heard was ‘supply and demand’ issues.
Tesco has recently stopped buying from Heinz because they felt they were trying to gouge consumers so you have to wonder if a public stock company like supermarket is stopping this, things must be much more widespread.
25 comments
The good news keeps on coming.
“Could”?
I think “will last until the eventual climate apocalypse” would be a more truthful representation.
Obviously….
This is a result of quantitative easing by the US and EU in the run up to and during the pandemic.
If you increase the money supply, the value of the money will decrease. That’s basic supply and demand.
The war in Ukraine has certainly had an impact, but the bottom line is that the current global rise in inflation is directly and predominantly linked to QE policy.
aka: *I’m not going to be doing anything t address it*
People under 30 have been living in a cost of living crisis for over 5 years. Only right the rest get a turn.
“The cost of living crisis can’t be fixed overnight.”
– FG, 2032
We’ve tried nothing, and we’re all out of ideas!
Hmmm..if only we had a system or group of people in charge of dealing with this sort of thing, governing if you will….if only…..
I mean it definitely will in Ireland.
Just like the USC charge or the housing crisis. It’ll last years and years and years, until it’s just normal.
Unfortunately , FFG have lasted years.
Oh wow.
What I love about this guy is his attention to detail, his uncannily precise predictions that anticipate problems and his can-do attitude that always presents solutions
He’s like a fireman who stands by on the road, watching a house burn whilst casually commenting how bad it is and how long it could go on for.
He’s a fucking waste of atoms.
Then maybe you should start fucking doing something about that and try and reduce the impact and length of time we’ll all be feeling fucked for then? How about doing that instead of trying to unsubtly tell people “get fucking used to this, it’s going to be painful for a long time”?!
It *has* lasted years, you unbelievable assholes. Anyone who’s been renting has faced a cost of living crisis since around 2018.
Well at least his political career won’t
Ruling class wealth grab “To last as long as we can milk the fucker”, says Tánaiste
Any that works with commodities or raw materials will understand how much cost have risen over the past few years and prior to that some commodities like grain were already hiking.
The real question is when or will it come down.
Looking at 08-12 in food, it was the like of Aldi and Lidl that put pressure and Dunnes and Tesco to bring their prices down. Brexit is still a huge impact to supply chains that people just haven’t worked out yet.
Some people out there really think some things were too cheap in the first place and needed to rise, most of the issues were seeing on a constant basis is an ineffectiveness to hedge appropriately against risk.
Energy and fuel companies have a very established business model that insulates them from any crisis to date. OK, you’d expect prices to rise with supply chains cut or disrupted, but we’re told to suck it up while our energy suppliers are boasting record profits. It’s war profiteering, pure and simple and we have a government that favours the market over its people.
Yeah, no fucking way
Off mic
“for the plebs…..”
the most useless government in the most expensive country in Europe
New normal and all that
profiteering by companies just like many did during covid, I know some companies in other countries paid back their government handouts because they were making so much money but haven’t heard many doing it in Ireland.
It will be interesting to see companies accounts next year or later in the year to see how much profiteering is going on under the guise of inflation and war in Ukraine. We have to be open about these things because during the lockdown shipping companies made more profit in six months! then they did in 10 years and all we heard was ‘supply and demand’ issues.
Tesco has recently stopped buying from Heinz because they felt they were trying to gouge consumers so you have to wonder if a public stock company like supermarket is stopping this, things must be much more widespread.
https://www.theguardian.com/business/2022/jun/29/tesco-faces-shortage-of-heinz-products-after-row-over-rising-prices
*looks at watch* but it’s been in shit since ’08 fam.
God he’s such a useless cunt. I’m surprised he didn’t take a dig at the population.
Tea “could take years to make” says cunt who won’t put on the kettle.