The only way they have to stop inflation
Posted: Wed Feb 12, 2025 9:39 am
So it was quite clear that the actions taken by governments during Covid to inject a lot of money... Everyone did it, eh. Whether it was the dollar or the euro, here, to take two major currencies, everyone did it... well it would create inflation, that was clear. And that's what happened.
And the inflation that we are experiencing is absolutely no longer linked to the cost of energy, because oil has lost 40% over the year 2023, at the time I am recording, and so it no longer holds in fact. And this is yet another proof that our governments or those who govern us are dishonest and do not tell us the truth. But that is yet another subject, it does not matter. The fact remains that we have inflation, for me, creates the creation of money and that it risks continuing.
or lower it is to slow down the economy. That's what I was saying earlier, I was saying that when there is a lot of inflation, there is growth that is... 'well, it goes the other way, eh. So if we want to fight inflation, we have to slow down the economy. To slow down inflation, to lower it, we have to slow down the economy. If the economy is doing well, there is a lot of inflation, often. So they decided to increase interest rates, all the central banks, it slows down growth. So we are heading towards a recession. It has already started in 2023 and it risks continuing and inflation is slowly falling. But we are actually lowering, we are tackling both. When we lower inflation, it's good, but it creates economic problems.
And all of that had an impact anyway. I'm not going to talk about the increase in my personal costs, we don't care. I pay more for gasoline, energy and everything. The price of vegetables has exploded, fruit has exploded, everything has increased. But I'm going to talk to you briefly about the costs of Français Authentique, because... without qatar whatsapp number data giving you any figures, we don't care, but the majority of the services I use have increased their prices: video hosting services, website hosting, all the services, the people who work with me, who tell me: "Well, I have to increase my costs". Many companies that don't necessarily have more costs, eh. Some use inflation as an excuse to increase their prices.
And if they all do it… there is no real competition problem, it is a question of supply and demand. If everyone increases their prices, finally, well there is no problem in saying: “This one is more expensive; this one is less expensive”. Everyone is expensive at the same time.
And I don't necessarily understand the point of view of some economists who say: "Well, it's up to companies to take charge of inflation. Prices are increasing, so people's salaries have to increase, otherwise people won't be able to afford to eat. And it's not up to the states, it's up to companies to take charge of that." I think that it's neither up to the state nor to companies, despite everything. Everyone must nevertheless fight as they can. Why should it be up to companies to say "I want to increase all salaries", when on the one hand the company has higher costs plus salaries that are becoming higher to bear.
And the inflation that we are experiencing is absolutely no longer linked to the cost of energy, because oil has lost 40% over the year 2023, at the time I am recording, and so it no longer holds in fact. And this is yet another proof that our governments or those who govern us are dishonest and do not tell us the truth. But that is yet another subject, it does not matter. The fact remains that we have inflation, for me, creates the creation of money and that it risks continuing.
or lower it is to slow down the economy. That's what I was saying earlier, I was saying that when there is a lot of inflation, there is growth that is... 'well, it goes the other way, eh. So if we want to fight inflation, we have to slow down the economy. To slow down inflation, to lower it, we have to slow down the economy. If the economy is doing well, there is a lot of inflation, often. So they decided to increase interest rates, all the central banks, it slows down growth. So we are heading towards a recession. It has already started in 2023 and it risks continuing and inflation is slowly falling. But we are actually lowering, we are tackling both. When we lower inflation, it's good, but it creates economic problems.
And all of that had an impact anyway. I'm not going to talk about the increase in my personal costs, we don't care. I pay more for gasoline, energy and everything. The price of vegetables has exploded, fruit has exploded, everything has increased. But I'm going to talk to you briefly about the costs of Français Authentique, because... without qatar whatsapp number data giving you any figures, we don't care, but the majority of the services I use have increased their prices: video hosting services, website hosting, all the services, the people who work with me, who tell me: "Well, I have to increase my costs". Many companies that don't necessarily have more costs, eh. Some use inflation as an excuse to increase their prices.
And if they all do it… there is no real competition problem, it is a question of supply and demand. If everyone increases their prices, finally, well there is no problem in saying: “This one is more expensive; this one is less expensive”. Everyone is expensive at the same time.
And I don't necessarily understand the point of view of some economists who say: "Well, it's up to companies to take charge of inflation. Prices are increasing, so people's salaries have to increase, otherwise people won't be able to afford to eat. And it's not up to the states, it's up to companies to take charge of that." I think that it's neither up to the state nor to companies, despite everything. Everyone must nevertheless fight as they can. Why should it be up to companies to say "I want to increase all salaries", when on the one hand the company has higher costs plus salaries that are becoming higher to bear.