https://www.abc.net.au/news/2022-01-04/australia-house-prices-corelogic-data-december-2021/100737080
…Record low interest rates have driven Australian housing prices up 22 per cent last year …
Inflation
Impeach Biden depression inflation stagflation, monetary policy, fiscal policy, supply crisis, border crisis, covid crisis…. | Financial Risk
…The USA Federal Reserve has been punishing savers with zero interest rates for years. By an exploding money supply in the USA and overseas. Highly stimulative Monetary Policy...
Turkish lira in comeback after new plan unveiled – BBC News
https://www.bbc.com/news/business-59740185
…Under the latest measure, the government has promised to pay the
difference between the value of savings in lira and equivalent dollar
deposits…
White House points to culprit behind soaring prices — RT USA News
https://www.rt.com/usa/543225-white-house-inflation-culprit/
…Psaki responded that President Joe Biden and Secretary of Agriculture Tom Vilsack “have both spoken to what we’ve seen as the greed of meat conglomerates.”…
Can we talk about how annual inflation just hit 6.8%, a rate not seen since 1982?? 😬 | Truth2Freedom’s Blog
Do you ever get that feeling that you’re at the tippity-top of a rollercoaster, where your stomach does a lurch before the inevitable plunge to earth?
WOOSH, Shock-and-Awe Loss of Dollar Purchasing Power Hits Americans. Worst Inflation in 40 Years. Getting it Under Control Will Be a Bitch | Wolf Street
https://wolfstreet.com/2021/12/10/woosh-shock-and-awe-loss-of-dollar-purchasing-power-hits-americans-worst-inflation-in-40-years/
Inflation for Urban Wage Earners & Clerical Workers (CPI-W) = 7.6%. Fed is still pouring fuel on the raging fire. Most reckless Fed ever.
Eurozone Inflation at a Record High | Centinel2012
https://centinel2012.com/2021/12/06/eurozone-inflation-at-a-record-high/
…Inflation in the doomed Eurozone increased 4.9% in November, marking the highest level of inflation since the creation of the euro. The larger economies within the bloc experienced a significant rise in inflation, with Germany posting a 6% increase and France experiencing a 3.4% rise. Other nations saw extreme spikes such as Estonia and Lithuania that reported increases of 8.4% and 9.3%...
Omicron raises uncertainty around inflation, says Powell – BBC News
https://www.bbc.com/news/business-59480099
…
In the past Mr Powell has called recent high rates of inflation transitory, a term he said should now be “retired”.
He also said the Fed should consider tapering its bond-buying stimulus more quickly…
A death tax by stealth? Your superannuation savings could be subject to a hefty tax when you die – ABC News
Comment by tonytran2015: My position is that superannuation plans have not been designed for the benefits of workers. It is there to benefit funds managers and governments.
It all depends on your marital status and whether you have “dependants” (that is children or someone else who lives with you
and financially depends on you).
If you are single and childless, and no one else depends on you, your super money will be taxed before being handed to the person you nominate to receive it — assuming you nominated someone prior to your death to get the money.
Janet Yellen Faces the Nation and Lies About Inflation, by Schiffgold | STRAIGHT LINE LOGIC
From schiffgold.com:
After last week’s sizzling hot CPI data, inflation talk continues to dominate the news. The government and central bank have been insisting inflation is transitory. Now they’ve turned to a new spin tactic – recycling 1970s inflation propaganda.
Treasury Secretary and former Federal Reserve chair Janet Yellen appeared on Face the Nation and spent the interview lying about inflation. Peter Schiff unraveled her lies in his podcast.
According to Yellen, the current bout of inflation has nothing to do with the Biden administration or the Federal Reserve. She claims it’s the pandemic’s fault, saying, “The pandemic has been calling the shots for the economy and for inflation.”
In Yellen’s narrative, inflation is simply a byproduct of high demand. She said there was a dramatic increase in demand during and after the pandemic, and that is why prices are going up. Since people were at home, they had lots of time to shop. “They shifted their spending on to goods that led to a surge in the demand for products,” Yellen said.
So, we really don’t have anything to worry about because this isn’t really inflation. It’s just demand-driven price hikes.
Peter called this laughable.
Additional survival tricks 