9,64% the real inflation rate that we are hiding from you! - Editorial by Charles SANNAT (Insolentiae.com)

Hello, have a nice weekend I hope? For information, we have paid for the Crashletter subscription, the service should start again this evening; ), but this morning it's Charles Sannat who lowers morale even more from Monday morning, but it's for our good, and it goes back to what was said Jacques Sapir :

There is an absolutely incredible mass of people who can no longer make it through the month, and which pass completely under the radar, because they are not represented, and this is not new, alas! The last time it gave the yellow vests. There, the fuel is almost 2€ per liter, the people have not disappeared and neither have their difficulties, moreover the government has blocked a 4% increase in electricity at 35,4%. (there too you have to dig to understand why this increase).

For the rest we knew (well you're going to be stunned by the reality of the figures), and that doesn't bode well, because these are the planned increases, which means that they have not yet been applied.

In short, we will continue to be caught in a scissor between revenues which are not increasing and fixed charges + inflation which are increasing. Also if you can (whether you're in the city or in the countryside) it's always time to stock up on food and essential products (soap, toothpaste, PQ, etc.).

friendships

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My dear sassy, ​​dear sassy,

It has been almost two years since it was possible to anticipate the inflationary shock we are facing today.

The question arises of the measure of this inflation and in reality, this inflation is very different depending on whether you are rich or poor, whether you live in the countryside or in the city.

So I present to you the BIG.

The Attic Inflation Barometer!

Real economics, not theoretical, but at the service of people to understand what they are going through, what they are going through, and how political and public action must respond to the legitimate concerns of our population faced with different situations.

Aid and solutions must therefore be individualized and adapted to the specificities of each type of problem.

I present to you in this video the BIG country, and the BIG city.

You will see that the difference in inflation is impressive depending on the parameters that we decide to take into account, because yes, and 100 times yes, the calculation of inflation is subjective!

In 2021, the inflation of city dwellers has nothing to do with that of rural people.

In reality there should be at least 4 inflation indices calculated in order to provide policy makers with a reliable barometer.

The BIG Rich Countryman

The BIG Poor Countryman

The BIG Rich City Dweller

The BIG Poor City Dweller

The reason is very simple.

The weight of food in a budget of 1350 € has nothing to do with the weight of food in a budget of 13.500 euros and therefore 10 times more. The "rich" and I have nothing against the rich, on the contrary, the more a country has rich, the less it is poor! But the “rich” will be able to compensate for their 20% inflation either by lowering their savings or by canceling their weekend in Rome!! Not the poor who will bear the brunt of inflation.

This inflation will lead to the disappearance of the workforce, especially in more rural areas where there are still a number of businesses, because travel costs will be unmanageable for low wages. This will pose a real economic and production problem, particularly in the agro-food sector, which is very established in rural areas.

It will urgently be necessary to adapt public policies, but they have, as always, understood nothing yet, or not much. We will also have to adapt the speed of the ecological transition, because it is driving us into a wall!

It is already too late, but all is not lost.

Prepare yourselves !

Charles SANNAT

“Insolentiaemeans “impertinence” in Latin

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source: Insolentiae.com

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