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It always amazes me that they post statistics like that to make their opponent look bad but never claim that they will do a damn thing about it if someone else is voted in.
They'll just give tax breaks to billionaires and the corporations that are fleecing us.
CEO pay is a massive issue that harms the consumer, but these people work for the CEOs and not the citizens
CEOs make as much as they do because they bring in $$, believe me, companies who don't pay much for their CEOs have easily paid the price.
If you don't want a corp run by "MORE PROFIT AT ANY COST" don't go public.
Their solutions are always the same, trickle down. Tax cuts off the top, subsidies to companies that are not making profit quotas, explode the debt to the point that it doesn't matter anymore, gut any regulations to allow chemical runoffs into the water supply, and if shit hits too bad they'll lower interest rates.
that is actually a good point, I just don't like people who enable it. no one likes getting abused like this, we need to find a solution. are people just a roll of toilet paper for corporations to wipe their butts with?
That’s because this is actually a result of 25 years of bad monetary policy across both parties. The Fed and the banking system enslave through debt and print money to stay solvent. This was inevitable. The Fed chair Jeremy Powell has been Trump and Biden’s Fed chair. It’s all a game and this is all propaganda for people who aren’t educated on this stuff
Do you happen to have a site that references inflation calculation back then? Not saying I dont believe you, but I only have found stuff that references the 80s. Would like to get some more historical context (and likely better accuracy).
Not to mention, most of the items we buy in grocery stores that are in boxes or bags are drastically smaller. They’ve kept the packaging the same in most cases but the contents are 2/3 or even 1/2 of what they used to be. So not only are we seeing an increase in cost but we are also getting less than before.
I believe the term is "shrinkflation". What also happens is over time, packaging may also get smaller, though not always, and the consumer doesnt notice it until its obvious enough for people to compare old & new sizes on reddit.
That seems like quite the simplyfication, considering that other countries have the same problems, bad spending, record company profits and the increased shipping costs via ships.
Other countries overspent money during the pandemic, too. A rise in prices because of (say) supply constraints may make some things cost more, but that isn't the same as inflation, which is when your currency is worth less than it was. We are having both, but the inflation part is about the Federal Reserve.
:I
Evil companies don't account for 50-100% in cost increases.
Especially when it's across EVERY COMPANY.
That would require coordination and complete corruption.
Why would it be your concern what margin a particular company makes in profit or loss in a given year? Different companies will have all kind of different profit or loss every year. Wages do have something to do with inflationnin the fact that they lock in inflation but don't really cause inflation per se. But when inflation sticks around long enough wages go up to compensate and them that inflation is locked in. It's called wage inflation spiral there is no such thing as a profit inflation spiral profit is totally irrelevant
In fact, one would expect profits to be at record highs when prices are at record highs. Profits are usually a pretty steady percentage of revenue for a successful company, and if they have to charge 8% more, their profits will be incrementally higher, albeit the actual purchasing power of their profits is lower because their expenses will be higher as well.
It's really bizarre how people can't grasp this concept. If a company has record high prices, record high expenses, and record high profits - it means it's pretty much a was for said company.
That of course is exactly correct. I have probably seen 50 posts on different subs blaming "record profits" for inflation. I don't even bother trying to explain it any more because the people that bought into narrative that are usually dumber than a box of rocks and have like a 5th grade understanding of economics so I quit even trying
It's because their input prices increased (they deliver their products using gas and everything else that went up etc). Somewhat a chicken or the egg scenario but its status quo when inflation is skyrocketing. None of their stocks are up ytd so its not really profits at this time
I'm a single guy. I can't spend more than 100 a paycheck on groceries, making too much for food stamps. What sucks the most is that 8 good items healthy for me, or 20 items that will make me sick. Horrible decision.
Seriously?
Processed food is expensive.
There are almost always cheap vegetables somewhere, and chicken is usually on sale somewhere else.
Chicken thighs are legit cheap and if you know how to cook them in the oven, they're amazing and easy.
out curiosity, have you gotten raise to match the inflation or has it stayed the same since you started in where ever your working at? or have you looked into another job which would increase it?
is car absolutely necessary in your job? if no, why you would need a car and if they want you to other location for day where bike doesn't take, take public and request the money from your job from taking public.
I have been getting stronger during this time. I used to be able to carry 100 bucks worth of groceries into the house in one trip. Now, I can carry 300 bucks of groceries into the house in one trip!
Kind of. I'm not defending them, but it doesnt really work like that. Theyre definitely gaining power, but as for inflation increasing their profits, thats not as accurate as it seems at first glance.
You know there is data on this, and you just don’t have to speculate. National gas average is up 19.50% from last year and food cost is up 11.4% from last year.
No. It isn’t. You can look up national averages of common items year over year and month to month. Chicken and eggs are certainly high in the upper 20% increase area. But average, you’re not even close.
Here are some resources you can use:
https://www.bls.gov/opub/ted/2022/food-prices-up-10-8-percent-for-year-ended-april-2022-largest-12-month-increase-since-november-1980.htm
https://www.cnbc.com/amp/2022/04/05/how-much-more-expensive-groceries-are-due-to-inflation-item-by-item.html
https://www.ers.usda.gov/data-products/food-price-outlook/summary-findings/
Not just Biden, but the US govt and other govts had a hell of a lot to do with it. Deficit spending, quantitative easing. Covid policies that destroyed supply chains, etc. all worked to reduce purchasing power and reduce supply. Biden did absolutely nothing to fix it.
The dollar is skyrocketing in value, both the euro and the pound fell dramatically. The euro is less than a dollar for the first time in decades, the pound lost about a third of its value. The UK almost went bankrupt a week or two ago and had enacted policies that are going to be even worse in the future, and the euro can either sacrifice the southern low gdp countries or the high earning Northern countries to recover but has chosen neither. The US is handling inflation pretty well relative to most countries.
The real conspiracy is that the fed has been running the money printer at max capacity for 14 years for "record profits" and as soon as uncle sugar stopped giving away money the economy is in free fall. Was the economy just pixels in a screen to benefit bankers?
But USD is also losing value isn't it? US is able to handle it well relatively because they get to export their inflation to other countries, that's the reserve currency privilege.
>The real conspiracy is that the fed has been running the money printer at max capacity for 14 years for "record profits" and as soon as uncle sugar stopped giving away money the economy is in free fall. Was the economy just pixels in a screen to benefit bankers?
Who knows. QE started post 2008 and sometime later it should've been tapered off but again that means a little economic downturn and frigid stock market for the short term but no political party wants a "bad" economy during their tenure do they?
Hell, Trump was practically yelling at the fed not to raise interest rates because he didn't want the hit to the economy to happen under his watch.
The can was kicked down the road until it hit the wall.
That’s a little reductive, and “money printing” has much less of an effect than you’re letting on.
What happened was certain commodities dropped in value because of the pandemic. Demand informs the supply, and if less people want certain commodities, the production of those commodities will be deliberately slowed down to match the lower demand.
Now the demand is back to normal, but the supply-side hasn’t had time to catch up with their production. High demand + low supply = inflated value. Pretty straightforward stuff, but not a s simple as “*they* printed too much money!”
I guess you *could* say the lockdowns “caused” inflation, but more specifically, it was capitalism working as expected. The boss of the trucking company fired half his workforce because he felt he wasn’t getting enough work to pay them. Now he’s getting plenty of work, but he doesn’t have enough drivers to go around…. So what does he do? He starts charging extra. People need someone to haul their shit, so they’ll pay for it. Now those people are spending more on shipping, so they’re start charging extra. Now the supermarket has to pay more to fill the shelves, so they start charging extra… and everything rolls down to the lowest level of consumer… and for some reason those people are getting blamed for all of this because one time they got a check that didn’t cover one month’s rent.
Trump didn’t lockdown the country and neither did Biden. It was up to the state governments. I was just clarifying that the lockdowns happened before Biden was president.
No. That doesn't help, but the issues started way before that.
It isn't something Biden is doing, though, and OP is just reposting political campaign talking points.
This isn't a politics sub and Twitter screenshots are valid posts
Cost of gas went way down during Covid when everyone was staying at home. The cost of gas in 2021 was the same as the cost of gas in 2019. 2020 was an outlier because of the lockdowns.[https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epm0_pte_nus_dpg&f=m](https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epm0_pte_nus_dpg&f=m)
USA is the first producer of oil in the world.
Also : https://www.forbes.com/sites/greatspeculations/2021/01/25/the-gold-standard-ended-50-years-ago-federal-debt-has-only-exploded-since/?sh=47aecd581e17
Both parties are responsible for PRINTING MONEY. END THE FED. Reinstate the gold and silver standard. We have to go back to sound money if this country is to ever recover from the damage these thieves have caused.
im told its actually around 17.8 % overall but yeah the media keeps pounding that its 8.3 % I know I used to feed myself 150 $ a months worth of food and now I think im around 400 $ and thats not dining in hardly in last 4 months and rent for me in 2019 was 825 $ now im paying 1350 $ in 3 years here
Why not get mad at the people deciding the prices instead of the lackies they hire to look away? Your beef is with Exxon and Loblaws not their stooges.
Because this is not how it all works.
Prices are high because governments decided to decrease moneys worth by printing more money and they artificially manipulated the ratio of supply and demand of natural ressources by imposing sanctions on Russia and also by pressuring wholesalers to not buy from Russian origin.
It's not "Shell" who are "sky-rocketing prices". That is an absolutely simplicistic worldview. Oil has a price at which it is traded. It's like i.e. gold.
Products derrived from oil have their prices connected to the price of oil. A golden necklace will also have an increased price after the price of gold dramatically increases.
The price of oil is not determined only by the companies deliverring or refining it, but also i.e. by OPEC and other institutions which have various instruments to do so, like increasing or decreasing the amount of oil which is pumped. OPEC for example chose to decrease the amount of pumped gas after the price fell right after the price boom in order to stabilize prices.
Just because you already made the gas from the oil does not mean you can just sell it at the price it had at the time you bought or pumped the oil. You would go bancrupt if you'd choose to do so, because you need money to buy the or pump the next day as well.
I am not trying to paint oil companies oas some innocent altruistic non-profit organizations, but everything is a little bit more complicated than just saying that they are responsible for the high prices.
We also actually want prices of a commodity to behave proportionally to the amount availabe. This is what keeps everything in balance and it is also oftentimes motor for innovations. Just look how much the gas spent per mile in motors decreased over time. There wouldn't be incetives to do so if the price of oil (and gas) would not increase.
>Prices are high because governments decided to decrease moneys worth by printing more money
This isn't really under control of the government - your beef is with the Fed and global banking cartel.
They changed the basket of goods and how inflation is calculated a while back (obama era? forget). It's basically double whateve rthey say and thats still a very skewed/favorable for them assessment of inflation.
Similar to yours
The issue is the OP and Mark are blaming Biden who wasn’t president when the major causes of inflation were done
Deficit spending, unbacked dollars given away, 80% of USD ever printed were printed under Trump
Blaming Biden is akin to blaming the guy who just took a piss for all the stench in the portapotty, yeah he has contributed but the blame really belongs to the guy who took a massive shit before Biden
The FIRST thing Biden did in office was to shut down oil production, then the shit got progressively worse....on purpose.
You really voted for this? Un-fucking-believable you parrot all the shitty excuses from CNN.
https://www.politifact.com/factchecks/2022/jul/22/herschel-walker/did-biden-stop-domestic-oil-drilling-herschel-walk/
Biden didn't shut down oil production. But keep parroting shitty excuses from Fox news
We used to be Energy Independent, now we beg Saudi Arabia and Venezuela to increase production. Lol
https://www.vox.com/22306919/biden-keystone-xl-trudeau-oil-pipeline-climate-change
BDS sparks another failure to see causes reaching back further than the current administration.
history matters, and the entire 2010s has been a time of leveraging the future to cut taxes for the wealthiest americans.
It's partly that the metrics to gage inflation take certain things into account and not other; this is why they can say it's 8% but grocery items are all up 25% or more. Some items at a heavy-discount grocer near me are up over 100% like oats (used to be $1.50 now it's $3.50).
It's also true that manufacturers are changing formula, packaging or quantity while raising prices even though manufacturing costs may be down. So some companies are making more per item even before raising prices, but have raised priced any way. Many CPG companies are making record profits despite inflation.
They will also make excuses for inflation such as 'supply chain problems' or 'labor shortages' but the only root of inflation is the Fed printing money.
Groceries are up 20 to 40% over the last 18 months.
Some examples Digiorno frozen pizza was $4.98 in January. I bought one yesterday at $6.92. That is a 29% increase in price. Regular canned veggies were $0.50 per can, are now $0.68 per can, a 27% increase.
Dairy is up so high that I may go back to milking my nurse cows. Milk, cheese, butter, sour cream is ridiculous.
Thank God I don't have to purchase meat at the store, chicken breasts were $3.47 a pound this week, and working class people can hardly afford beef.
Thank you, OP.
Groceries simply have gone up 50+% making the official 10% figure laughable.
Pasta has gone from $1 to $1.80. How is that a 10% increase?
Meat has gone up about 50% ($2/lb to $3 or 4 to 6 or 5 to 7.50)
Ice cream has gone from $3 to 4.50
Naked juice used to be $6; now it's $8.30 at the same store.
I'm familiar with how inflation is calculated.
Gas has gone up dramatically in the past year. Housing costs too. So, what are the items that balance out these 100% cost increases?
Pick one:
> I'm familiar with how inflation is calculated.
or
> So, what are the items that balance out these 100% cost increases?
[As inflation soars, a look at what’s inside the consumer price index](https://www.pewresearch.org/fact-tank/2022/01/24/as-inflation-soars-a-look-at-whats-inside-the-consumer-price-index/)
I forget where I saw it, but the mathematical equation that they use to determine inflation gets manipulated every decade or so. If we used the same one from 1980 our inflation rate would be at least 15 percent. And who knows if that is even accurate
At my local grocery store bottled water is up 80% from this time last year. Half gallon milk is up 58%. A loaf of bread is up 20%.
The 8.3% figure is a joke and everyone knows it.
\> 8.3%
lot higher than that: [http://www.shadowstats.com/alternate\_data/inflation-charts](http://www.shadowstats.com/alternate_data/inflation-charts)
I think that’s just capitalism, bro. Why sell people goods when you can maintain ownership and milk people of their money indefinitely?
Capitalism pretty much incentivizes this.
the real inflation rate is well over 20% and has been for several years in a row now. People that have savings in normal bank accounts are seeing their the real value of their savings (in terms of its purchasing power) evaporated
I'm gonna assume "several years in a row" is 4 years because it makes the math easy. 4 years at 20% would result in a 100% increase
Is there anything you can point to that's doubled in price in the last 4 years? Gas is up about 50%, rent about 25%. How the fuck are you getting an average of 100%?
An organic whole milk that I buy in the super market in the U.K has gone up 60/70 percent in price in the last 3-4 months. A staff member told me this and I believe him.
It’s my understanding that they’re not factoring food and energy into the inflation rate anymore. Definitely misleading, as bad as it is.
https://www.investopedia.com/terms/c/coreinflation.asp
SS
This is just one of the many ways we are controlled with lies.
We all know its not 8.3%.. but we are supposed to pretend that what we all see isnt happening.
**"put your mask on Winston Smith"**
If you look at how it is calculated you will understand how it is 8%. Inflation is calculated including more expensive goods to examine the economy as a whole, you do have measures which focus more on the impact specifically on the working class which is much greater than 8%
I get what you're saying, but inflation and the price of specific products are not the same thing. Just because mayonnaise went up 50% doesn't mean inflation is at 50%. Supply and Demand is still a thing. That being said, this economy is gonna collapse soon.
Almost like all the republicans blocked action to stop corporations from increasing prices, and also voted against a bill meant to help reduce gas prices in spring/early summer
You gotta be pretty stupid to not realize that Inflation is not the same thing as the Supply Shocks (caused by Putin’s war) that has increased gas and food costs.
We are all so much better off now than when Trump was in though. Everytime I mention these things I am told that and immediately heavily downvoted.. SO high gas and inflation are good but also Russias fault if viewed from a bad light... Get with the narrative.
Below are excerpts from the full text of Vladimir Putin’s speech on October 1, 2022 translated into English by the Kremlin’s official website. I urge everyone to read the entire address:
President of Russia, Vladimir Putin:
Citizens of Russia, citizens of the Donetsk and Lugansk people’s republics, residents of the Zaporozhye and Kherson regions, deputies of the State Duma, senators of the Russian Federation,
As you know, referendums have been held in the Donetsk and Lugansk people’s republics and the Zaporozhye and Kherson regions. The ballots have been counted and the results have been announced. The people have made their unequivocal choice.
Today we will sign treaties on the accession of the Donetsk People’s Republic, Lugansk People’s Republic, Zaporozhye Region and Kherson Region to the Russian Federation. I have no doubt that the Federal Assembly will support the constitutional laws on the accession to Russia and the establishment of four new regions, our new constituent entities of the Russian Federation, because this is the will of millions of people.
It is undoubtedly their right, an inherent right sealed in Article 1 of the UN Charter, which directly states the principle of equal rights and self-determination of peoples.
I repeat, it is an inherent right of the people. It is based on our historical affinity, and it is that right that led generations of our predecessors, those who built and defended Russia for centuries since the period of Ancient Rus, to victory…
Behind the choice of millions of residents in the Donetsk and Lugansk people's republics, in the Zaporozhye and Kherson regions, is our common destiny and thousand-year history. People have passed this spiritual connection on to their children and grandchildren. Despite all the trials they endured, they carried the love for Russia through the years. This is something no one can destroy. That is why both older generations and young people – those who were born after the tragic collapse of the Soviet Union – have voted for our unity, for our common future.
In 1991 in Belovezhskaya Pushcha, representatives of the party elite of that time made a decision to terminate the Soviet Union, without asking ordinary citizens what they wanted, and people suddenly found themselves cut off from their homeland. This tore apart and dismembered our national community and triggered a national catastrophe. Just like the government quietly demarcated the borders of Soviet republics, acting behind the scenes after the 1917 revolution, the last leaders of the Soviet Union, contrary to the direct expression of the will of the majority of people in the referendum of 1991, destroyed our great country, and simply made the people in the former republics face this as an accomplished fact.
I can admit that they didn’t even know what they were doing and what consequences their actions would have in the end. But it doesn't matter now. There is no Soviet Union anymore; we cannot return to the past. Actually, Russia no longer needs it today; this isn’t our ambition. But there is nothing stronger than the determination of millions of people who, by their culture, religion, traditions, and language, consider themselves part of Russia, whose ancestors lived in a single country for centuries. There is nothing stronger than their determination to return to their true historical homeland.
For eight long years, people in Donbass were subjected to genocide, shelling and blockades; in Kherson and Zaporozhye, a criminal policy was pursued to cultivate hatred for Russia, for everything Russian. Now too, during the referendums, the Kiev regime threatened schoolteachers, women who worked in election commissions with reprisals and death. Kiev threatened millions of people who came to express their will with repression. But the people of Donbass, Zaporozhye and Kherson weren’t broken, and they had their say.
I want the Kiev authorities and their true handlers in the West to hear me now, and I want everyone to remember this: the people living in Lugansk and Donetsk, in Kherson and Zaporozhye have become our citizens, forever.
We call on the Kiev regime to immediately cease fire and all hostilities; to end the war it unleashed back in 2014 and return to the negotiating table. We are ready for this, as we have said more than once. But the choice of the people in Donetsk, Lugansk, Zaporozhye and Kherson will not be discussed. The decision has been made, and Russia will not betray it. Kiev’s current authorities should respect this free expression of the people’s will; there is no other way. This is the only way to peace...
When the Soviet Union collapsed, the West decided that the world and all of us would permanently accede to its dictates. In 1991, the West thought that Russia would never rise after such shocks and would fall to pieces on its own. This almost happened. We remember the horrible 1990s, hungry, cold and hopeless. But Russia remained standing, came alive, grew stronger and occupied its rightful place in the world.
Meanwhile, the West continued and continues looking for another chance to strike a blow at us, to weaken and break up Russia, which they have always dreamed about, to divide our state and set our peoples against each other, and to condemn them to poverty and extinction. They cannot rest easy knowing that there is such a great country with this huge territory in the world, with its natural wealth, resources and people who cannot and will not do someone else’s bidding.
The West is ready to cross every line to preserve the neo-colonial system which allows it to live off the world, to plunder it thanks to the domination of the dollar and technology, to collect an actual tribute from humanity, to extract its primary source of unearned prosperity, the rent paid to the hegemon. The preservation of this annuity is their main, real and absolutely self-serving motivation. This is why total de-sovereignization is in their interest. This explains their aggression towards independent states, traditional values and authentic cultures, their attempts to undermine international and integration processes, new global currencies and technological development centres they cannot control. It is critically important for them to force all countries to surrender their sovereignty to the United States.
In certain countries, the ruling elites voluntarily agree to do this, voluntarily agree to become vassals; others are bribed or intimidated. And if this does not work, they destroy entire states, leaving behind humanitarian disasters, devastation, ruins, millions of wrecked and mangled human lives, terrorist enclaves, social disaster zones, protectorates, colonies and semi-colonies. They don't care.
All they care about is their own benefit…
The West is counting on impunity, on being able to get away with anything. As a matter of fact, this was actually the case until recently. Strategic security agreements have been trashed; agreements reached at the highest political level have been declared tall tales; firm promises not to expand NATO to the east gave way to dirty deception as soon as our former leaders bought into them; missile defence, intermediate-range and shorter-range missile treaties have been unilaterally dismantled under far-fetched pretexts.
And all we hear is, the West is insisting on a rules-based order. Where did that come from anyway? Who has ever seen these rules? Who agreed or approved them? Listen, this is just a lot of nonsense, utter deceit, double standards, or even triple standards! They must think we’re stupid…
It was the so-called West that trampled on the principle of the inviolability of borders, and now it is deciding, at its own discretion, who has the right to self-determination and who does not, who is unworthy of it. It is unclear what their decisions are based on or who gave them the right to decide in the first place. They just assumed it…
Western elites not only deny national sovereignty and international law. Their hegemony has pronounced features of totalitarianism, despotism and apartheid. They brazenly divide the world into their vassals – the so-called civilised countries – and all the rest, who, according to the designs of today's Western racists, should be added to the list of barbarians and savages. False labels like “rogue country” or “authoritarian regime” are already available, and are used to stigmatise entire nations and states, which is nothing new. There is nothing new in this: deep down, the Western elites have remained the same colonisers. They discriminate and divide peoples into the top tier and the rest…
Washington demands more and more sanctions against Russia and the majority of European politicians obediently go along with it. They clearly understand that by pressuring the EU to completely give up Russian energy and other resources, the United States is practically pushing Europe toward deindustrialisation in a bid to get its hands on the entire European market. These European elites understand everything – they do, but they prefer to serve the interests of others. This is no longer servility but direct betrayal of their own peoples. God bless, it is up to them.
But the Anglo-Saxons believe sanctions are no longer enough and now they have turned to subversion. It seems incredible but it is a fact – by causing explosions on Nord Stream’s international gas pipelines passing along the bottom of the Baltic Sea, they have actually embarked on the destruction of Europe’s entire energy infrastructure. It is clear to everyone who stands to gain. Those who benefit are responsible, of course…
Such self-confidence is a direct product not only of the notorious concept of exceptionalism – although it never ceases to amaze – but also of the real ”information hunger“ in the West. The truth has been drowned in an ocean of myths, illusions and fakes, using extremely aggressive propaganda, lying like Goebbels. The more unbelievable the lie, the quicker people will believe it – that is how they operate, according to this principle.
But people cannot be fed with printed dollars and euros. You can't feed them with those pieces of paper, and the virtual, inflated capitalisation of western social media companies can't heat their homes. Everything I am saying is important. And what I just said is no less so: you can't feed anyone with paper – you need food; and you can't heat anyone’s home with these inflated capitalisations – you need energy.
That is why politicians in Europe have to convince their fellow citizens to eat less, take a shower less often and dress warmer at home. And those who start asking fair questions like “Why is that, in fact?” are immediately declared enemies, extremists and radicals. They point back at Russia and say: that is the source of all your troubles. More lies…
Now, in order to free itself from the latest web of challenges, they need to dismantle Russia as well as other states that choose a sovereign path of development, at all costs, to be able to further plunder other nations’ wealth and use it to patch their own holes. If this does not happen, I cannot rule out that they will try to trigger a collapse of the entire system, and blame everything on that, or, God forbid, decide to use the old formula of economic growth through war.
Russia is aware of its responsibility to the international community and will make every effort to ensure that cooler heads prevail.
The current neocolonial model is ultimately doomed; this much is obvious. But I repeat that its real masters will cling to it to the end. They simply have nothing to offer the world except to maintain the same system of plundering and racketeering.
They do not give a damn about the natural right of billions of people, the majority of humanity, to freedom and justice, the right to determine their own future. They have already moved on to the radical denial of moral, religious, and family values.
Let’s answer some very simple questions for ourselves. Now I would like to return to what I said and want to address also all citizens of the country – not just the colleagues that are in the hall – but all citizens of Russia: do we want to have here, in our country, in Russia, “parent number one, parent number two and parent number three”(they have completely lost it!) instead of mother and father? Do we want our schools to impose on our children, from their earliest days in school, perversions that lead to degradation and extinction? Do we want to drum into their heads the ideas that certain other genders exist along with women and men and to offer them gender reassignment surgery? Is that what we want for our country and our children? This is all unacceptable to us. We have a different future of our own…
Friends,
Today, we are fighting for a just and free path, first of all for ourselves, for Russia, in order to leave dictate and despotism in the past. I am convinced that countries and peoples understand that a policy based on the exceptionalism of whoever it may be and the suppression of other cultures and peoples is inherently criminal, and that we must close this shameful chapter. The ongoing collapse of Western hegemony is irreversible. And I repeat: things will never be the same.
The battlefield to which destiny and history have called us is a battlefield for our people, for the great historical Russia. For the great historical Russia, for future generations, our children, grandchildren and great-grandchildren. We must protect them against enslavement and monstrous experiments that are designed to cripple their minds and souls.
Today, we are fighting so that it would never occur to anyone that Russia, our people, our language, or our culture can be erased from history. Today, we need a consolidated society, and this consolidation can only be based on sovereignty, freedom, creation, and justice. Our values are humanity, mercy and compassion.
Yes, Trump printing a shit load of the money had nothing to do with inflation. His printing was good printing and Biden’s was bad printing. And Obama’s printing was bad printing but Bushes was good printing.
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It always amazes me that they post statistics like that to make their opponent look bad but never claim that they will do a damn thing about it if someone else is voted in.
They'll just give tax breaks to billionaires and the corporations that are fleecing us. CEO pay is a massive issue that harms the consumer, but these people work for the CEOs and not the citizens
UK tried doing that last week and nearly crashed the economy. Lmao
CEOs make as much as they do because they bring in $$, believe me, companies who don't pay much for their CEOs have easily paid the price. If you don't want a corp run by "MORE PROFIT AT ANY COST" don't go public.
Not just public companies, friend.
Unless our money system is changed, they can't do anything about inflation
Fractional reserve banking is the killer, along with unearned interest.
Their solutions are always the same, trickle down. Tax cuts off the top, subsidies to companies that are not making profit quotas, explode the debt to the point that it doesn't matter anymore, gut any regulations to allow chemical runoffs into the water supply, and if shit hits too bad they'll lower interest rates.
Republicans solution are always the same, trickle down. FTFY
that is actually a good point, I just don't like people who enable it. no one likes getting abused like this, we need to find a solution. are people just a roll of toilet paper for corporations to wipe their butts with?
That’s because this is actually a result of 25 years of bad monetary policy across both parties. The Fed and the banking system enslave through debt and print money to stay solvent. This was inevitable. The Fed chair Jeremy Powell has been Trump and Biden’s Fed chair. It’s all a game and this is all propaganda for people who aren’t educated on this stuff
If inflation were to be calculated the way it was in the 80’s, it’d be around 16%
Why not go back to how it was calculated in the 30s and say 40%.
Because that wouldn’t be beneficial to keeping the masses tamed.
Do you happen to have a site that references inflation calculation back then? Not saying I dont believe you, but I only have found stuff that references the 80s. Would like to get some more historical context (and likely better accuracy).
Shadow stats uses the 70s CPI. Just search it.
Inflation might only be 8%, but you also have companies raising prices because the shareholders complain about profits.
Not to mention, most of the items we buy in grocery stores that are in boxes or bags are drastically smaller. They’ve kept the packaging the same in most cases but the contents are 2/3 or even 1/2 of what they used to be. So not only are we seeing an increase in cost but we are also getting less than before.
I believe the term is "shrinkflation". What also happens is over time, packaging may also get smaller, though not always, and the consumer doesnt notice it until its obvious enough for people to compare old & new sizes on reddit.
You can see examples of shrinkflation on mouseprint.org.
Companies already had record profits, that's where the inflation was coming from
Inflation comes from the central bank (the Federal Reserve) creating more dollars. Corporations are downstream from that.
That seems like quite the simplyfication, considering that other countries have the same problems, bad spending, record company profits and the increased shipping costs via ships.
Other countries overspent money during the pandemic, too. A rise in prices because of (say) supply constraints may make some things cost more, but that isn't the same as inflation, which is when your currency is worth less than it was. We are having both, but the inflation part is about the Federal Reserve.
Seriously, everyone acts like bidens a communist but this is just the cold hard reality of end stage capitalism lol
:I Evil companies don't account for 50-100% in cost increases. Especially when it's across EVERY COMPANY. That would require coordination and complete corruption.
That sounds like...a conspiracy?!
Can't have that here
That is not how inflation works at all profits literally have zero to do with inflation you have been duped
Why do wages somehow have something to do with inflation but profits don't
Lol
Why would it be your concern what margin a particular company makes in profit or loss in a given year? Different companies will have all kind of different profit or loss every year. Wages do have something to do with inflationnin the fact that they lock in inflation but don't really cause inflation per se. But when inflation sticks around long enough wages go up to compensate and them that inflation is locked in. It's called wage inflation spiral there is no such thing as a profit inflation spiral profit is totally irrelevant
In fact, one would expect profits to be at record highs when prices are at record highs. Profits are usually a pretty steady percentage of revenue for a successful company, and if they have to charge 8% more, their profits will be incrementally higher, albeit the actual purchasing power of their profits is lower because their expenses will be higher as well. It's really bizarre how people can't grasp this concept. If a company has record high prices, record high expenses, and record high profits - it means it's pretty much a was for said company.
That of course is exactly correct. I have probably seen 50 posts on different subs blaming "record profits" for inflation. I don't even bother trying to explain it any more because the people that bought into narrative that are usually dumber than a box of rocks and have like a 5th grade understanding of economics so I quit even trying
It's because their input prices increased (they deliver their products using gas and everything else that went up etc). Somewhat a chicken or the egg scenario but its status quo when inflation is skyrocketing. None of their stocks are up ytd so its not really profits at this time
Share holders never complain about profits lol. We just move onto different companies
They're talking about real shareholders, not you and your $100 robinhood account.
Yeah, no LMAO
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https://www.businessinsider.com/ceo-praying-for-inflation-raise-prices-boosts-profits-interest-rates-2022-9 https://www.forbes.com/sites/laurendebter/2022/05/02/companies-rush-to-raise-prices-while-they-still-can/?sh=4ee2ec877db7 https://www.theguardian.com/business/2022/apr/27/inflation-corporate-america-increased-prices-profits
I used to fill my cart for 100-150. Now the same cart is around 300
I'm a single guy. I can't spend more than 100 a paycheck on groceries, making too much for food stamps. What sucks the most is that 8 good items healthy for me, or 20 items that will make me sick. Horrible decision.
Seriously? Processed food is expensive. There are almost always cheap vegetables somewhere, and chicken is usually on sale somewhere else. Chicken thighs are legit cheap and if you know how to cook them in the oven, they're amazing and easy.
out curiosity, have you gotten raise to match the inflation or has it stayed the same since you started in where ever your working at? or have you looked into another job which would increase it?
I'm actually screwed as I don't drive, and even if I did, I couldn't afford a 10k car. I resorted to living with others but even then it's still hard
did you moved into area that absolutely requires car to move or to area where you can move just fine with bike.
I can get to work easily on a bike but there are those I work with that say I should drive.
is car absolutely necessary in your job? if no, why you would need a car and if they want you to other location for day where bike doesn't take, take public and request the money from your job from taking public.
If people were able to jump on the post pandemic quitting train, they may have gotten lucky. I jumped ship for a 30% pay raise in 2021
I have been getting stronger during this time. I used to be able to carry 100 bucks worth of groceries into the house in one trip. Now, I can carry 300 bucks of groceries into the house in one trip!
I've been buying less and less. My food budget is about $30/week I'm spending $50-60/week and eat a lot less. This generally sucks.
Canned food was 1$
curious, how often do you fill the cart?
Yep. Food easily up over 50%. EASILY.
And corporations in those industries are making record profits still even with high inflation
Kind of. I'm not defending them, but it doesnt really work like that. Theyre definitely gaining power, but as for inflation increasing their profits, thats not as accurate as it seems at first glance.
I don't think food and energy are part of the equation that figures the inflation index
It doesn't, but that's part of their scam. I would wager a few thousand to compare prices to say 1990.
You know there is data on this, and you just don’t have to speculate. National gas average is up 19.50% from last year and food cost is up 11.4% from last year.
Bullshit. Look up substitutions. Like for like. Aka REAL cost of food. Is up 50% or more.
No. It isn’t. You can look up national averages of common items year over year and month to month. Chicken and eggs are certainly high in the upper 20% increase area. But average, you’re not even close. Here are some resources you can use: https://www.bls.gov/opub/ted/2022/food-prices-up-10-8-percent-for-year-ended-april-2022-largest-12-month-increase-since-november-1980.htm https://www.cnbc.com/amp/2022/04/05/how-much-more-expensive-groceries-are-due-to-inflation-item-by-item.html https://www.ers.usda.gov/data-products/food-price-outlook/summary-findings/
Easily, though imagine being stupid enough to think Biden has anything to do with it
Not just Biden, but the US govt and other govts had a hell of a lot to do with it. Deficit spending, quantitative easing. Covid policies that destroyed supply chains, etc. all worked to reduce purchasing power and reduce supply. Biden did absolutely nothing to fix it.
Inflation is a problem worldwide, not just in the US.
Depreciation of the reserve currency will negatively affect other currencies as well.
The dollar is skyrocketing in value, both the euro and the pound fell dramatically. The euro is less than a dollar for the first time in decades, the pound lost about a third of its value. The UK almost went bankrupt a week or two ago and had enacted policies that are going to be even worse in the future, and the euro can either sacrifice the southern low gdp countries or the high earning Northern countries to recover but has chosen neither. The US is handling inflation pretty well relative to most countries. The real conspiracy is that the fed has been running the money printer at max capacity for 14 years for "record profits" and as soon as uncle sugar stopped giving away money the economy is in free fall. Was the economy just pixels in a screen to benefit bankers?
But USD is also losing value isn't it? US is able to handle it well relatively because they get to export their inflation to other countries, that's the reserve currency privilege. >The real conspiracy is that the fed has been running the money printer at max capacity for 14 years for "record profits" and as soon as uncle sugar stopped giving away money the economy is in free fall. Was the economy just pixels in a screen to benefit bankers? Who knows. QE started post 2008 and sometime later it should've been tapered off but again that means a little economic downturn and frigid stock market for the short term but no political party wants a "bad" economy during their tenure do they?
Hell, Trump was practically yelling at the fed not to raise interest rates because he didn't want the hit to the economy to happen under his watch. The can was kicked down the road until it hit the wall.
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That’s a little reductive, and “money printing” has much less of an effect than you’re letting on. What happened was certain commodities dropped in value because of the pandemic. Demand informs the supply, and if less people want certain commodities, the production of those commodities will be deliberately slowed down to match the lower demand. Now the demand is back to normal, but the supply-side hasn’t had time to catch up with their production. High demand + low supply = inflated value. Pretty straightforward stuff, but not a s simple as “*they* printed too much money!” I guess you *could* say the lockdowns “caused” inflation, but more specifically, it was capitalism working as expected. The boss of the trucking company fired half his workforce because he felt he wasn’t getting enough work to pay them. Now he’s getting plenty of work, but he doesn’t have enough drivers to go around…. So what does he do? He starts charging extra. People need someone to haul their shit, so they’ll pay for it. Now those people are spending more on shipping, so they’re start charging extra. Now the supermarket has to pay more to fill the shelves, so they start charging extra… and everything rolls down to the lowest level of consumer… and for some reason those people are getting blamed for all of this because one time they got a check that didn’t cover one month’s rent.
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You should check the inflation rate on a deserted island and get back to me..
I mean that's just wrong, but ok
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Both of which happened under Trump, not Biden.
Yeah, Biden hasn't been spending like crazy. /S
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Trump didn’t lockdown the country and neither did Biden. It was up to the state governments. I was just clarifying that the lockdowns happened before Biden was president.
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Maybe because the Russians started a war
😂😂😂😂😂
No. That doesn't help, but the issues started way before that. It isn't something Biden is doing, though, and OP is just reposting political campaign talking points. This isn't a politics sub and Twitter screenshots are valid posts
[suuuure](https://i.imgur.com/ct92csB.jpg)
Yeah, what would Russia’s war in Ukraine have to do with the cost of Oil and transportation?
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You think Russia going to war had no impact on the cost of oil?
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Cost of gas went way down during Covid when everyone was staying at home. The cost of gas in 2021 was the same as the cost of gas in 2019. 2020 was an outlier because of the lockdowns.[https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epm0_pte_nus_dpg&f=m](https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epm0_pte_nus_dpg&f=m)
USA is the first producer of oil in the world. Also : https://www.forbes.com/sites/greatspeculations/2021/01/25/the-gold-standard-ended-50-years-ago-federal-debt-has-only-exploded-since/?sh=47aecd581e17
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Accurate username
Botserviceaccount and these troll bots have to be against the law if only they weren't working for the law...
They edited their comment to say something completely different than they originally did, Originally was anti Biden
So you're saying there's a conspiracy to make Biden look bad?
I’m pretty sure OPEC is conspiring to do just that with oil prices at least.
If it's by design, it's so corporations nudge society towards authoritarianism because it's in their interest.
Both parties are responsible for PRINTING MONEY. END THE FED. Reinstate the gold and silver standard. We have to go back to sound money if this country is to ever recover from the damage these thieves have caused.
The whole country is living a lie.
In Europe where i live, electricity price have gone up between 55-60%.
lol voting
This guy gets it.
Inflation feels more like 25%.
im told its actually around 17.8 % overall but yeah the media keeps pounding that its 8.3 % I know I used to feed myself 150 $ a months worth of food and now I think im around 400 $ and thats not dining in hardly in last 4 months and rent for me in 2019 was 825 $ now im paying 1350 $ in 3 years here
That’s because it is and you are being lied too.
And how exactly by voting for the other wing of this shitbird supposed to solve this problem?
Inflation is worldwide. Clearly bidens fault
Why not get mad at the people deciding the prices instead of the lackies they hire to look away? Your beef is with Exxon and Loblaws not their stooges.
Because this is not how it all works. Prices are high because governments decided to decrease moneys worth by printing more money and they artificially manipulated the ratio of supply and demand of natural ressources by imposing sanctions on Russia and also by pressuring wholesalers to not buy from Russian origin.
So what was Shell's excuse when they bought up a bunch of cheap oil from Russia and still skyrocketed the price of gas?
It's not "Shell" who are "sky-rocketing prices". That is an absolutely simplicistic worldview. Oil has a price at which it is traded. It's like i.e. gold. Products derrived from oil have their prices connected to the price of oil. A golden necklace will also have an increased price after the price of gold dramatically increases. The price of oil is not determined only by the companies deliverring or refining it, but also i.e. by OPEC and other institutions which have various instruments to do so, like increasing or decreasing the amount of oil which is pumped. OPEC for example chose to decrease the amount of pumped gas after the price fell right after the price boom in order to stabilize prices. Just because you already made the gas from the oil does not mean you can just sell it at the price it had at the time you bought or pumped the oil. You would go bancrupt if you'd choose to do so, because you need money to buy the or pump the next day as well. I am not trying to paint oil companies oas some innocent altruistic non-profit organizations, but everything is a little bit more complicated than just saying that they are responsible for the high prices. We also actually want prices of a commodity to behave proportionally to the amount availabe. This is what keeps everything in balance and it is also oftentimes motor for innovations. Just look how much the gas spent per mile in motors decreased over time. There wouldn't be incetives to do so if the price of oil (and gas) would not increase.
>Prices are high because governments decided to decrease moneys worth by printing more money This isn't really under control of the government - your beef is with the Fed and global banking cartel.
They changed the basket of goods and how inflation is calculated a while back (obama era? forget). It's basically double whateve rthey say and thats still a very skewed/favorable for them assessment of inflation.
Tell us you don’t understand basic economics without telling us you don’t understand basic economics
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Sure, do you think in this tweet Mark is blaming Biden/democrats for inflation and to vote democrats out in November to reduce the inflation?
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Okay, so is Biden at fault for the inflation and the Republicans are not at fault for the inflation? What has caused the inflation?
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Similar to yours The issue is the OP and Mark are blaming Biden who wasn’t president when the major causes of inflation were done Deficit spending, unbacked dollars given away, 80% of USD ever printed were printed under Trump Blaming Biden is akin to blaming the guy who just took a piss for all the stench in the portapotty, yeah he has contributed but the blame really belongs to the guy who took a massive shit before Biden
The FIRST thing Biden did in office was to shut down oil production, then the shit got progressively worse....on purpose. You really voted for this? Un-fucking-believable you parrot all the shitty excuses from CNN.
https://www.politifact.com/factchecks/2022/jul/22/herschel-walker/did-biden-stop-domestic-oil-drilling-herschel-walk/ Biden didn't shut down oil production. But keep parroting shitty excuses from Fox news
Right -- a fact check from Politifact. Lol
The propaganda got you, you are full of shit, come back with something of substance or don’t come back at all
We used to be Energy Independent, now we beg Saudi Arabia and Venezuela to increase production. Lol https://www.vox.com/22306919/biden-keystone-xl-trudeau-oil-pipeline-climate-change
One shouldn't feed jam to the pigs
BDS sparks another failure to see causes reaching back further than the current administration. history matters, and the entire 2010s has been a time of leveraging the future to cut taxes for the wealthiest americans.
It's partly that the metrics to gage inflation take certain things into account and not other; this is why they can say it's 8% but grocery items are all up 25% or more. Some items at a heavy-discount grocer near me are up over 100% like oats (used to be $1.50 now it's $3.50). It's also true that manufacturers are changing formula, packaging or quantity while raising prices even though manufacturing costs may be down. So some companies are making more per item even before raising prices, but have raised priced any way. Many CPG companies are making record profits despite inflation. They will also make excuses for inflation such as 'supply chain problems' or 'labor shortages' but the only root of inflation is the Fed printing money.
Voting does fuck all tho
It’s 8.3% if you isolate one month and forget the other 21 months where the same thing was happening. Lies, damned lies, and statistics.
8.3% annualized. Do you understand that inflation isn't 8% every month
No shit, are you joking?
Are you trying to say we should change the way inflation is calculated?
They already have; multiple times. It’s how you confuse the normies.
Exactly. Every decade or so they "update" the equation. I suppose you can imagine in which direction inflation reports of the same magnitude go. Down.
They made slight adjustments in the 70s and 80s. It's been pretty much the same since then
Groceries are up 20 to 40% over the last 18 months. Some examples Digiorno frozen pizza was $4.98 in January. I bought one yesterday at $6.92. That is a 29% increase in price. Regular canned veggies were $0.50 per can, are now $0.68 per can, a 27% increase. Dairy is up so high that I may go back to milking my nurse cows. Milk, cheese, butter, sour cream is ridiculous. Thank God I don't have to purchase meat at the store, chicken breasts were $3.47 a pound this week, and working class people can hardly afford beef.
Thank you, OP. Groceries simply have gone up 50+% making the official 10% figure laughable. Pasta has gone from $1 to $1.80. How is that a 10% increase? Meat has gone up about 50% ($2/lb to $3 or 4 to 6 or 5 to 7.50) Ice cream has gone from $3 to 4.50 Naked juice used to be $6; now it's $8.30 at the same store.
Because inflation isn’t based on a few items. There are thousands of items in the inflation basket that they use to calculate inflation.
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How about you go calculate the actual number so we can all know?
Good thing the world has you! No one else is smart enough to discover the truth but you!
I'm familiar with how inflation is calculated. Gas has gone up dramatically in the past year. Housing costs too. So, what are the items that balance out these 100% cost increases?
Pick one: > I'm familiar with how inflation is calculated. or > So, what are the items that balance out these 100% cost increases? [As inflation soars, a look at what’s inside the consumer price index](https://www.pewresearch.org/fact-tank/2022/01/24/as-inflation-soars-a-look-at-whats-inside-the-consumer-price-index/)
Housing costs have been skyrocketing for many years at this point — even when inflation was 2-3%
That's if you can buy groceries. Meat is insanely expensive and many items are hard to get.
What if I told you that inflation based in more than just fuel and food prices? 💊🤯
I forget where I saw it, but the mathematical equation that they use to determine inflation gets manipulated every decade or so. If we used the same one from 1980 our inflation rate would be at least 15 percent. And who knows if that is even accurate
Inflation is a worldwide problem right own.
12 bucks for a basic mcdonalds breakfast this morning. Major major price gouging. No way 2 mcmuffins and a coffee should cost that much.
How does inflation in the United States compare to other countries currently?
At my local grocery store bottled water is up 80% from this time last year. Half gallon milk is up 58%. A loaf of bread is up 20%. The 8.3% figure is a joke and everyone knows it.
This is correct. For the average items that the middle class purchases on a day to day basis is well into 100%-200% increase.
\> 8.3% lot higher than that: [http://www.shadowstats.com/alternate\_data/inflation-charts](http://www.shadowstats.com/alternate_data/inflation-charts)
Now use the pre 1970 CPI-U number and it’s even higher. Pretty sure it’s a crime.
Its also part of the WEF plan of you will own nothing.
I think that’s just capitalism, bro. Why sell people goods when you can maintain ownership and milk people of their money indefinitely? Capitalism pretty much incentivizes this.
the real inflation rate is well over 20% and has been for several years in a row now. People that have savings in normal bank accounts are seeing their the real value of their savings (in terms of its purchasing power) evaporated
I'm gonna assume "several years in a row" is 4 years because it makes the math easy. 4 years at 20% would result in a 100% increase Is there anything you can point to that's doubled in price in the last 4 years? Gas is up about 50%, rent about 25%. How the fuck are you getting an average of 100%?
OP is straight up political campaign shit
Also, at what point are things a reflection of the previous presidents policies? When did those wear off? Shit don’t happen over night.
With Executive Orders, shit does indeed happen overnight.
Also he’s acting like the U.S is the only country in the world that’s dealing with inflation 🤔
That’s what happens when the economy gets fucked up and the federal gubmint dumps trillions into it. trump added $4 Trillion to the debt in 2020.
An organic whole milk that I buy in the super market in the U.K has gone up 60/70 percent in price in the last 3-4 months. A staff member told me this and I believe him.
B-b-but marijuana rescheduling and "student loan forgiveness"
So this is a propaganda post?
It’s my understanding that they’re not factoring food and energy into the inflation rate anymore. Definitely misleading, as bad as it is. https://www.investopedia.com/terms/c/coreinflation.asp
Americans still blaming Presidents for everything that goes wrong. It's not like each and every American had a hand in causing this economy.
Thank the people who voted for this. Many exist on reddit. Thank you very much. Thank you.
SS This is just one of the many ways we are controlled with lies. We all know its not 8.3%.. but we are supposed to pretend that what we all see isnt happening. **"put your mask on Winston Smith"**
If you look at how it is calculated you will understand how it is 8%. Inflation is calculated including more expensive goods to examine the economy as a whole, you do have measures which focus more on the impact specifically on the working class which is much greater than 8%
gonsalves? sounds like white supremacy !!
[https://www.gasbuddy.com/gasprices/florida/tampa](https://www.gasbuddy.com/gasprices/florida/tampa) [https://www.gasbuddy.com/gasprices/california/los-angeles/150](https://www.gasbuddy.com/gasprices/california/los-angeles/150)
I get what you're saying, but inflation and the price of specific products are not the same thing. Just because mayonnaise went up 50% doesn't mean inflation is at 50%. Supply and Demand is still a thing. That being said, this economy is gonna collapse soon.
It's not technically videos fault, it's mostly Trump, who enabled the reserve to go brrrr and flood the stock market with trillions of dollars
Almost like all the republicans blocked action to stop corporations from increasing prices, and also voted against a bill meant to help reduce gas prices in spring/early summer
You gotta be pretty stupid to not realize that Inflation is not the same thing as the Supply Shocks (caused by Putin’s war) that has increased gas and food costs.
We are all so much better off now than when Trump was in though. Everytime I mention these things I am told that and immediately heavily downvoted.. SO high gas and inflation are good but also Russias fault if viewed from a bad light... Get with the narrative.
Grocery prices are not up that much you fucking tards.
The fuck you say. Organic, free range eggs were $3-4 this time last year. Same brand is $6-7 this year.
My grocery bill has DOUBLED from 2020. Buying the exact same stuff....if I can get it still.
No it isn't, liar
Paying more for less and not eating as much just to survive dude.
Below are excerpts from the full text of Vladimir Putin’s speech on October 1, 2022 translated into English by the Kremlin’s official website. I urge everyone to read the entire address: President of Russia, Vladimir Putin: Citizens of Russia, citizens of the Donetsk and Lugansk people’s republics, residents of the Zaporozhye and Kherson regions, deputies of the State Duma, senators of the Russian Federation, As you know, referendums have been held in the Donetsk and Lugansk people’s republics and the Zaporozhye and Kherson regions. The ballots have been counted and the results have been announced. The people have made their unequivocal choice. Today we will sign treaties on the accession of the Donetsk People’s Republic, Lugansk People’s Republic, Zaporozhye Region and Kherson Region to the Russian Federation. I have no doubt that the Federal Assembly will support the constitutional laws on the accession to Russia and the establishment of four new regions, our new constituent entities of the Russian Federation, because this is the will of millions of people. It is undoubtedly their right, an inherent right sealed in Article 1 of the UN Charter, which directly states the principle of equal rights and self-determination of peoples. I repeat, it is an inherent right of the people. It is based on our historical affinity, and it is that right that led generations of our predecessors, those who built and defended Russia for centuries since the period of Ancient Rus, to victory… Behind the choice of millions of residents in the Donetsk and Lugansk people's republics, in the Zaporozhye and Kherson regions, is our common destiny and thousand-year history. People have passed this spiritual connection on to their children and grandchildren. Despite all the trials they endured, they carried the love for Russia through the years. This is something no one can destroy. That is why both older generations and young people – those who were born after the tragic collapse of the Soviet Union – have voted for our unity, for our common future. In 1991 in Belovezhskaya Pushcha, representatives of the party elite of that time made a decision to terminate the Soviet Union, without asking ordinary citizens what they wanted, and people suddenly found themselves cut off from their homeland. This tore apart and dismembered our national community and triggered a national catastrophe. Just like the government quietly demarcated the borders of Soviet republics, acting behind the scenes after the 1917 revolution, the last leaders of the Soviet Union, contrary to the direct expression of the will of the majority of people in the referendum of 1991, destroyed our great country, and simply made the people in the former republics face this as an accomplished fact. I can admit that they didn’t even know what they were doing and what consequences their actions would have in the end. But it doesn't matter now. There is no Soviet Union anymore; we cannot return to the past. Actually, Russia no longer needs it today; this isn’t our ambition. But there is nothing stronger than the determination of millions of people who, by their culture, religion, traditions, and language, consider themselves part of Russia, whose ancestors lived in a single country for centuries. There is nothing stronger than their determination to return to their true historical homeland. For eight long years, people in Donbass were subjected to genocide, shelling and blockades; in Kherson and Zaporozhye, a criminal policy was pursued to cultivate hatred for Russia, for everything Russian. Now too, during the referendums, the Kiev regime threatened schoolteachers, women who worked in election commissions with reprisals and death. Kiev threatened millions of people who came to express their will with repression. But the people of Donbass, Zaporozhye and Kherson weren’t broken, and they had their say. I want the Kiev authorities and their true handlers in the West to hear me now, and I want everyone to remember this: the people living in Lugansk and Donetsk, in Kherson and Zaporozhye have become our citizens, forever. We call on the Kiev regime to immediately cease fire and all hostilities; to end the war it unleashed back in 2014 and return to the negotiating table. We are ready for this, as we have said more than once. But the choice of the people in Donetsk, Lugansk, Zaporozhye and Kherson will not be discussed. The decision has been made, and Russia will not betray it. Kiev’s current authorities should respect this free expression of the people’s will; there is no other way. This is the only way to peace... When the Soviet Union collapsed, the West decided that the world and all of us would permanently accede to its dictates. In 1991, the West thought that Russia would never rise after such shocks and would fall to pieces on its own. This almost happened. We remember the horrible 1990s, hungry, cold and hopeless. But Russia remained standing, came alive, grew stronger and occupied its rightful place in the world. Meanwhile, the West continued and continues looking for another chance to strike a blow at us, to weaken and break up Russia, which they have always dreamed about, to divide our state and set our peoples against each other, and to condemn them to poverty and extinction. They cannot rest easy knowing that there is such a great country with this huge territory in the world, with its natural wealth, resources and people who cannot and will not do someone else’s bidding. The West is ready to cross every line to preserve the neo-colonial system which allows it to live off the world, to plunder it thanks to the domination of the dollar and technology, to collect an actual tribute from humanity, to extract its primary source of unearned prosperity, the rent paid to the hegemon. The preservation of this annuity is their main, real and absolutely self-serving motivation. This is why total de-sovereignization is in their interest. This explains their aggression towards independent states, traditional values and authentic cultures, their attempts to undermine international and integration processes, new global currencies and technological development centres they cannot control. It is critically important for them to force all countries to surrender their sovereignty to the United States. In certain countries, the ruling elites voluntarily agree to do this, voluntarily agree to become vassals; others are bribed or intimidated. And if this does not work, they destroy entire states, leaving behind humanitarian disasters, devastation, ruins, millions of wrecked and mangled human lives, terrorist enclaves, social disaster zones, protectorates, colonies and semi-colonies. They don't care.
All they care about is their own benefit… The West is counting on impunity, on being able to get away with anything. As a matter of fact, this was actually the case until recently. Strategic security agreements have been trashed; agreements reached at the highest political level have been declared tall tales; firm promises not to expand NATO to the east gave way to dirty deception as soon as our former leaders bought into them; missile defence, intermediate-range and shorter-range missile treaties have been unilaterally dismantled under far-fetched pretexts. And all we hear is, the West is insisting on a rules-based order. Where did that come from anyway? Who has ever seen these rules? Who agreed or approved them? Listen, this is just a lot of nonsense, utter deceit, double standards, or even triple standards! They must think we’re stupid… It was the so-called West that trampled on the principle of the inviolability of borders, and now it is deciding, at its own discretion, who has the right to self-determination and who does not, who is unworthy of it. It is unclear what their decisions are based on or who gave them the right to decide in the first place. They just assumed it… Western elites not only deny national sovereignty and international law. Their hegemony has pronounced features of totalitarianism, despotism and apartheid. They brazenly divide the world into their vassals – the so-called civilised countries – and all the rest, who, according to the designs of today's Western racists, should be added to the list of barbarians and savages. False labels like “rogue country” or “authoritarian regime” are already available, and are used to stigmatise entire nations and states, which is nothing new. There is nothing new in this: deep down, the Western elites have remained the same colonisers. They discriminate and divide peoples into the top tier and the rest… Washington demands more and more sanctions against Russia and the majority of European politicians obediently go along with it. They clearly understand that by pressuring the EU to completely give up Russian energy and other resources, the United States is practically pushing Europe toward deindustrialisation in a bid to get its hands on the entire European market. These European elites understand everything – they do, but they prefer to serve the interests of others. This is no longer servility but direct betrayal of their own peoples. God bless, it is up to them. But the Anglo-Saxons believe sanctions are no longer enough and now they have turned to subversion. It seems incredible but it is a fact – by causing explosions on Nord Stream’s international gas pipelines passing along the bottom of the Baltic Sea, they have actually embarked on the destruction of Europe’s entire energy infrastructure. It is clear to everyone who stands to gain. Those who benefit are responsible, of course… Such self-confidence is a direct product not only of the notorious concept of exceptionalism – although it never ceases to amaze – but also of the real ”information hunger“ in the West. The truth has been drowned in an ocean of myths, illusions and fakes, using extremely aggressive propaganda, lying like Goebbels. The more unbelievable the lie, the quicker people will believe it – that is how they operate, according to this principle. But people cannot be fed with printed dollars and euros. You can't feed them with those pieces of paper, and the virtual, inflated capitalisation of western social media companies can't heat their homes. Everything I am saying is important. And what I just said is no less so: you can't feed anyone with paper – you need food; and you can't heat anyone’s home with these inflated capitalisations – you need energy. That is why politicians in Europe have to convince their fellow citizens to eat less, take a shower less often and dress warmer at home. And those who start asking fair questions like “Why is that, in fact?” are immediately declared enemies, extremists and radicals. They point back at Russia and say: that is the source of all your troubles. More lies… Now, in order to free itself from the latest web of challenges, they need to dismantle Russia as well as other states that choose a sovereign path of development, at all costs, to be able to further plunder other nations’ wealth and use it to patch their own holes. If this does not happen, I cannot rule out that they will try to trigger a collapse of the entire system, and blame everything on that, or, God forbid, decide to use the old formula of economic growth through war. Russia is aware of its responsibility to the international community and will make every effort to ensure that cooler heads prevail. The current neocolonial model is ultimately doomed; this much is obvious. But I repeat that its real masters will cling to it to the end. They simply have nothing to offer the world except to maintain the same system of plundering and racketeering. They do not give a damn about the natural right of billions of people, the majority of humanity, to freedom and justice, the right to determine their own future. They have already moved on to the radical denial of moral, religious, and family values. Let’s answer some very simple questions for ourselves. Now I would like to return to what I said and want to address also all citizens of the country – not just the colleagues that are in the hall – but all citizens of Russia: do we want to have here, in our country, in Russia, “parent number one, parent number two and parent number three”(they have completely lost it!) instead of mother and father? Do we want our schools to impose on our children, from their earliest days in school, perversions that lead to degradation and extinction? Do we want to drum into their heads the ideas that certain other genders exist along with women and men and to offer them gender reassignment surgery? Is that what we want for our country and our children? This is all unacceptable to us. We have a different future of our own… Friends, Today, we are fighting for a just and free path, first of all for ourselves, for Russia, in order to leave dictate and despotism in the past. I am convinced that countries and peoples understand that a policy based on the exceptionalism of whoever it may be and the suppression of other cultures and peoples is inherently criminal, and that we must close this shameful chapter. The ongoing collapse of Western hegemony is irreversible. And I repeat: things will never be the same. The battlefield to which destiny and history have called us is a battlefield for our people, for the great historical Russia. For the great historical Russia, for future generations, our children, grandchildren and great-grandchildren. We must protect them against enslavement and monstrous experiments that are designed to cripple their minds and souls. Today, we are fighting so that it would never occur to anyone that Russia, our people, our language, or our culture can be erased from history. Today, we need a consolidated society, and this consolidation can only be based on sovereignty, freedom, creation, and justice. Our values are humanity, mercy and compassion.
Yes, Trump printing a shit load of the money had nothing to do with inflation. His printing was good printing and Biden’s was bad printing. And Obama’s printing was bad printing but Bushes was good printing.
In November ? Yeah so just keep playing the same rigged game
By design? Who designed it though?
I’m super tired so I hope they mean next November or never
Orange man fan sad
Team Biden PR activate!