Personally I suspect REAL inflation based on supermarket prices to be around 25%, as the value of money is shrinking at an accelerated rate. From table "Gold Price Performance: % Annual Change" at https://goldprice.org/: For 2024, average increase in gold price is 34%, implying an average shrinkage of the 8 major currencies of 25%. Such a shrinkage could be indicative of a crashing of the fiat currency system.
Realizing that fiat currency system is the backbone of global hegemony, its crashing could explain the geopolitical tensions and wars the world is witnessing. The millennial Empire will not sail into the sunset without putting up a fight. Actually the current war in Southwest Asia is to maintain control of the oil reserves in the Arabian Peninsula.
Great comment. The current war in West Asia is necessary for toppling the hegemon, especially its European offspring. However, it has exacted a heavy toll on the native population there. I do hope its quick passing. However, I am afraid that it would take longer than we hope. I also agree that inflation is greater than the official report.
Yep a heavy toll especially that Israel's military like Western military target civilians. Well over 90% of casualties in Gaza and Lebanon are civilians. If you follow the news, Hezbollah is only targeting the military in Israel. I expect this war to last another year.
Great comment. The current war in West Asia is necessary for toppling the hegemon, especially its European offspring. However, it has exacted a heavy toll on the native population there. I do hope its quick passing. However, I am afraid that it would take longer than we hope. I also agree that inflation is greater than the official report.
:-) cutest way to address inflation.
Personally I suspect REAL inflation based on supermarket prices to be around 25%, as the value of money is shrinking at an accelerated rate. From table "Gold Price Performance: % Annual Change" at https://goldprice.org/: For 2024, average increase in gold price is 34%, implying an average shrinkage of the 8 major currencies of 25%. Such a shrinkage could be indicative of a crashing of the fiat currency system.
Realizing that fiat currency system is the backbone of global hegemony, its crashing could explain the geopolitical tensions and wars the world is witnessing. The millennial Empire will not sail into the sunset without putting up a fight. Actually the current war in Southwest Asia is to maintain control of the oil reserves in the Arabian Peninsula.
Great comment. The current war in West Asia is necessary for toppling the hegemon, especially its European offspring. However, it has exacted a heavy toll on the native population there. I do hope its quick passing. However, I am afraid that it would take longer than we hope. I also agree that inflation is greater than the official report.
Yep a heavy toll especially that Israel's military like Western military target civilians. Well over 90% of casualties in Gaza and Lebanon are civilians. If you follow the news, Hezbollah is only targeting the military in Israel. I expect this war to last another year.
Great comment. The current war in West Asia is necessary for toppling the hegemon, especially its European offspring. However, it has exacted a heavy toll on the native population there. I do hope its quick passing. However, I am afraid that it would take longer than we hope. I also agree that inflation is greater than the official report.