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59
Spanish Inflation hits 10.8% in July 2022. And looks to be increasing further. The ECB STILL HAS RATES AT 0.00% With plans to print money to pay for Lagarde’s favorite ESG projects. Things will get much worse. (twitter.com)
posted 3 years ago by NotAGlowy 3 years ago by NotAGlowy +59 / -0
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– joeyjojoshabadoo1 1 point 3 years ago +1 / -0

On the contrary, real, actual people who need to eat are far less concerned with what you're calling "the economy," which is people at desks typing numbers into computers, and are far more concerned with putting nutritious calories into the mouths of their children. These people are concerned with the cost of food, which makes a 40% increase in the cost of eggs and butter of far more importance to them than whatever piece of shared hallucination pretend paper slash computer money that is your primary concern.

Now if you want to get egghead about it, the real concern behind increasing food costs is why the prices of these goods are increasing; and there you have the actual economy. Energy, fertilizer, transportation, water, waste, feed, fuel, machinery, maintenance, parts and labor, are all included in the resultant price of food. A double-digit increase in the cost of a gallon of milk, a rasher of bacon, or a dozen eggs, indicates in a very important and easily-observable way that vital gears in "the economy" have gone intensely fucky and we should probably find out why and fix it.

We are not talking about an extra quarter for Little Debbie star pies or whatever. We are talking about the baseline stuff here that everyone needs. If you want to laser focus your attention on mercurial real estate prices or bond markets or whatever, that's your prerogative, but it isn't the least bit useful for people trying to navigate the times. You will not consider food "an afterthought" when you can't get it anymore.

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– ItsOkayToBeWight 1 point 3 years ago +1 / -0

You've been so thoroughly robbed that you would consider having food in your belly to be enough. And that's exactly why we'll never have the golden age of the 60s ever again. Technology gives us far more wealth than just food and shelter, but most of it goes to our overlords.

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– joeyjojoshabadoo1 1 point 3 years ago +1 / -0

No, I live in an agricultural region, where what goes into food production is something that everyone living in the region deals with, in a practical fashion, on a daily basis.

This isn't academic bullshit, this is literal life and death. You've been "well ackshually"-ing the topic of inflation off into the realm of metaphorical nonsense, which is the kind of thing the current abhorrent Executive administration, and the Party behind it, thrives on. I've been dragging it, over and over, back to the realm of reality. "Food in your belly" is a series of industries working in tandem, also subject to regulation and supply chain and the energy market. It is frankly ignorant and childish of you to reduce it to some kind of primitivism, when it is literally the lifeblood of this and every other civilization. Hand-wave it away at your peril.

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– ItsOkayToBeWight 1 point 3 years ago +1 / -0

And you're happy with being barely richer than a 1700s serf. Dream bigger.

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