Shopping cart 22 % more expensive in one year!
Inflation underrated
Inflation in the European Union has spike up to 11 % at some point this year. But that’s not even close to what the low and middle class people are experiencing!
A survey by a Belgian research team revealed that the average shopping cart of people has risen 22 % over the last year. This is double what official inflation was in the Eurozone at the peak.
Hard times for the 99 %
This shows once again that the inflation and energy crisis is felt the hardest among the common people. The elite and especially the people in charge of the decisions about central banking and the economy don’t feel this one bit in their wallet. The haven’t got the slightest hunch of how it is to have pay 1/5th extra for your usual groceries than the year before.
And that with only the slightest pay raise…
This world is fucked up, that’s for sure!
Sincerely,
Pele23
Actually, the 'elite' feels it. They've minimum doubled their wealth in the last 3 years... :) :) :)
https://www.statista.com/statistics/225698/monthly-inflation-rate-in-eu-countries/
Historically, Hungarians are good in inflation, so we lead, again! :) Anyway, in reality is more likely minimum 40% what anyway, I don't understand. Also don't understand, how it can be so low in Spain, when I hear much higher there in reality, too.) Obviously, all numbers they provide is far from reality.
I don't really understand how can it be so 'low' in Spain and so 'high' in Hungary (what tied to Germany, Austria million ways, 25%+ of economy, owned, run by them), and the Ukraine, Russia connections were not that big how the media oversized.
The 'clever' guys speeches about it are simply bullsh*t. So I rarely don't get it how, why it is like this. (The only rational explanation is fraud everywhere by the lovely 'leaders'.)
It amazes me the way things go very high and people do not have enough money to get them. Inflation cause lots of people in a country's economy.
Completely agree with you, in my country inflations has rise above 40% in just 8,9 months, we are going through worst time of our age. It has become very hard to support and feed your family.
Hyperinflation... my strategy is 45% HEX 45% Xen mints 10% LasseCash
Posted using LasseCash
:( so true.. i swear it feels more like 40% inflations from my POV.. :P
Here in Pakistan, the rate of inflation has increased so much that people cannot even buy their own food and drinks. The thing that used to cost a hundred rupees here has now become about four hundred rupees in Pakistan.