whereas ultimately inflation
Posted: Thu Feb 13, 2025 6:17 am
There are people who have suffered, people who have been very sick, people who have died, many people who have died, people who have been a little sick but who have lost loved ones. There has been a lot of misfortune related to this pandemic. There is currently... I am recording this episode, it is March 8, it will be published in about a month, we can see that there is a lot of tension and the tensions have even started to turn into war, so we have a big conflict in Ukraine.
Of course, just after having the impression of being in a good situation, of getting out of the Covid spiral, we arrive in this new crisis. It is inevitably terrible, especially for the people who are suffering directly. Even if we are all going to suffer more or less indirectly from this conflict, it is obvious that there are people who are really directly affected on a daily basis. So, this is another element that can push us to pessimism.
Again, it is understandable, there are reasons. There, we hear a lot about inflation, prices that are increasing, energy prices, but not only, all raw materials. And that was before the conflict in Ukraine. Today, it is going even faster.
I have the impression that we are going to use or that our politicians are going to use this pretext also to say: "You see, there is inflation, all prices are increasing, but it is not our fault, it is the fault of the war. If there had not been the war, it would have been OK. But since there is the war, prices are increasing."
I am convinced that the politicians will use this indonesia whatsapp number data pretext a macroeconomic phenomenon like inflation, does not only come from an event like that, however major it may be. It is always a set of factors.
I am not an economist at all, but it is clear that the policies that were implemented during Covid, which were surely necessary, in any case all the experts recognize it, all the experts say that it was necessary to have put a lot of money into the economy, well that had inflationary effects, that is to say that the fact of creating money, since that is what the great powers did, they created lots of dollars, created lots of euros, created all the currencies in the world in large quantities to save the economy, that necessarily has consequences. You cannot create billions and billions of currencies like that without there being a consequence.
And the number one consequence was inflation. So that was relatively predictable and it is here and it will increase and it will be very penalizing especially, as usual, for those who have the least means, unfortunately.
Of course, just after having the impression of being in a good situation, of getting out of the Covid spiral, we arrive in this new crisis. It is inevitably terrible, especially for the people who are suffering directly. Even if we are all going to suffer more or less indirectly from this conflict, it is obvious that there are people who are really directly affected on a daily basis. So, this is another element that can push us to pessimism.
Again, it is understandable, there are reasons. There, we hear a lot about inflation, prices that are increasing, energy prices, but not only, all raw materials. And that was before the conflict in Ukraine. Today, it is going even faster.
I have the impression that we are going to use or that our politicians are going to use this pretext also to say: "You see, there is inflation, all prices are increasing, but it is not our fault, it is the fault of the war. If there had not been the war, it would have been OK. But since there is the war, prices are increasing."
I am convinced that the politicians will use this indonesia whatsapp number data pretext a macroeconomic phenomenon like inflation, does not only come from an event like that, however major it may be. It is always a set of factors.
I am not an economist at all, but it is clear that the policies that were implemented during Covid, which were surely necessary, in any case all the experts recognize it, all the experts say that it was necessary to have put a lot of money into the economy, well that had inflationary effects, that is to say that the fact of creating money, since that is what the great powers did, they created lots of dollars, created lots of euros, created all the currencies in the world in large quantities to save the economy, that necessarily has consequences. You cannot create billions and billions of currencies like that without there being a consequence.
And the number one consequence was inflation. So that was relatively predictable and it is here and it will increase and it will be very penalizing especially, as usual, for those who have the least means, unfortunately.