Economist Explains Why The Cost Of Living Crisis Is Not Over

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  • เผยแพร่เมื่อ 23 ธ.ค. 2024

ความคิดเห็น • 68

  • @gingerkilkus
    @gingerkilkus หลายเดือนก่อน +77

    Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

    • @fadhshf
      @fadhshf หลายเดือนก่อน +4

      In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.

    • @hasede-lg9hj
      @hasede-lg9hj หลายเดือนก่อน +3

      True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of $250k...that's like 7times more than I average on my own.

    • @lowcostfresh2266
      @lowcostfresh2266 หลายเดือนก่อน

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    • @lowcostfresh2266
      @lowcostfresh2266 หลายเดือนก่อน +1

      This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?

    • @hasede-lg9hj
      @hasede-lg9hj หลายเดือนก่อน +1

      Annette Marie Holt is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

  • @Extiiinct
    @Extiiinct หลายเดือนก่อน +8

    It feels a bit odd to see two people smiling at each other while discussing an issue that negatively impacts so many people.

    • @Sweetie8387
      @Sweetie8387 24 วันที่ผ่านมา +1

      Yeah did think the same, so strange

  • @grahamdrummond2412
    @grahamdrummond2412 2 หลายเดือนก่อน +15

    Before I've even watched all this, it annoys me when people discussing it on the TV, refer to it as the ' current ' cost of living crisis, as if it's a temporary thing, when you absolutely know it's only going up & up, & has done massively already.

    • @yo-a
      @yo-a 2 หลายเดือนก่อน +3

      And the ‘current crisis’ has been going on for at least two years.

  • @durudadlani1931
    @durudadlani1931 2 หลายเดือนก่อน +2

    Make it cheaper, so people can afford it. Cheaper prices, cheaper rents, lower rates on borrowings, mortgages, etc etc. This was the Golden Rule practically applied by Arthur Nash of Ohio to his tailoring business...made it thrive. Common sense, ain't it.

  • @2525Hudson
    @2525Hudson 2 หลายเดือนก่อน +6

    The rent which will be charged will have no link to inflation, as the numbers of houses and flats decline (due to landlords selling up), the supply drops....... what landlords like myself can charge goes up and up. It matters not how much our mortgage is, or if we even have one (i don't), its a business and if we can charge market rate, we will do. The cost of housing is one of the very biggest debts people have, and this current crop of govt are making the whole situation worse with the RRB and EPC C. Hang on tight folks. 🤐

  • @james2479
    @james2479 หลายเดือนก่อน +1

    The cost of living crisis is made up! The reason for the rise is greed. Take a look around.
    1. Banks: There's less branches, less branch workers, less overheads but interest rates go up?
    2. Energy: Up and down the country we see more and more wind farms, more renewable energy more competition but the prices keep going up?
    3. Food: Food portions are getting smaller but more expensive look how big things were 20-30 years ago at a fraction of the price. But now we get less for a stupidly high price.
    Just the 3 examples are huge because they affect every single one of us. They are squeezing everything they can out of us for one reason. GREED. Untill company's are boycotted like Cadbury, BP and shell, withdraw your money from banks. The so called cost of living crisis will continue to get worse.

  • @stephenbrown4211
    @stephenbrown4211 หลายเดือนก่อน +5

    That’s easy, Rachel Thieves

  • @shazoids
    @shazoids 2 หลายเดือนก่อน +4

    Love these two so much more down earth than some of the total self promoting sheisters on TH-cam and other social media. In summary we are all totally screwed!

  • @jimmason1072
    @jimmason1072 หลายเดือนก่อน +1

    So a carrot in November 2019 cost 1 lb. that carrot when to 1 lb 50 by 2021...then 2 lb. by 2022...the government doesn't see that even 1.7 % on inflation is still to high when the price if that carrot has doubled.....when your pay has one gone up 20%

  • @Ruby-n7jsss
    @Ruby-n7jsss 2 หลายเดือนก่อน +4

    I love this, really useful to have this discussed in an accessible way - and not by an old scowling man. I would like more of these please.

  • @razaulkabir3820
    @razaulkabir3820 10 วันที่ผ่านมา

    Cost of living crisis - small group of people becoming richer at the expense of the masses

  • @thatthotho
    @thatthotho 19 วันที่ผ่านมา

    People don't see its the direct consequence of ill-considered, panicky 'stop-any-climate-change' policy. And central banks should reconsider their assumptions that inflation looks the same across increasing levels of societal wealth.

  • @Nevertalked
    @Nevertalked หลายเดือนก่อน +1

    Not just food, have to buy shampoo, toiletries, hair dye cleaning product's or hsve germs and people get sick

    • @wendyparry437
      @wendyparry437 หลายเดือนก่อน

      totally agree here .

  • @StephanieSimon-q2j
    @StephanieSimon-q2j 2 หลายเดือนก่อน +14

    Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude

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      @LucyVade 2 หลายเดือนก่อน

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      @Rolando-en6en 2 หลายเดือนก่อน

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    • @StephanieSimon-q2j
      @StephanieSimon-q2j 2 หลายเดือนก่อน

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    • @ChristianaEjimofor
      @ChristianaEjimofor 2 หลายเดือนก่อน

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    • @dyer-ie3pj
      @dyer-ie3pj 2 หลายเดือนก่อน

      hello from norway I'm retired at 47, went from Grass to Grace. This here reminds me of my transformation from a nobody to good home, honest wife,$35k biweekly and a good daughter full of ❤ I’m forever grateful Sonia karen

  • @manjeetgill1
    @manjeetgill1 12 วันที่ผ่านมา

    Services inflation (largley discretionary soedming) is running at 5pc. This would imply a certain portion of the population do have extra money to spend on things. Its one of the reaons why holidays (discretionary expenditure) have rocketed higher. So whilst there is a cost of living crisis for the poor, the middle class are doing ok

  • @wendyparry437
    @wendyparry437 หลายเดือนก่อน

    It is a crime that people on unempoyment benefit are living well below the poverty line . Is this not a human rights issue . you can gage how good a Govt is by the way they look after there population . In Tibet they have a Govt that takes surveys on how happy the population is and make it a policy to care about happiness etc.

  • @HarleyButler-ox3qn
    @HarleyButler-ox3qn 2 หลายเดือนก่อน +8

    There is no way these overpaid Journalists feel like they have "no money when they get paid"

    • @thycatalyst
      @thycatalyst 2 หลายเดือนก่อน +9

      Overpaid? theyre paid a pittance.

  • @bitcoinworld6288
    @bitcoinworld6288 2 หลายเดือนก่อน +3

    lol, why? REASON > The currency being used is inflationary by design. The currency is flawed, get used to it and find ways to fight inflation. GL playing the game :)

  • @kk-xj5oz
    @kk-xj5oz 2 หลายเดือนก่อน +2

    Inflation will be back with a vangeance

    • @stumac869
      @stumac869 2 หลายเดือนก่อน

      Why, the monetary supply is contracting. It'll go back up if the government starts monetising debt (money printing) to pay its way. Prices are still rising because wages are rising but that'll not last long as we slide further into recession. The only exception will be housing because demand is outstripping supply because of immigration (UK).

    • @kk-xj5oz
      @kk-xj5oz 2 หลายเดือนก่อน

      @@stumac869 that's what they like you to think. The fact is that the money supply is not contracting just growing in a slower speed

  • @YaoAnne-j7g
    @YaoAnne-j7g 2 หลายเดือนก่อน +1

    I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated.

    • @DerickSams
      @DerickSams 2 หลายเดือนก่อน

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    • @ElizabethHansick
      @ElizabethHansick 2 หลายเดือนก่อน

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    • @DerickSams
      @DerickSams 2 หลายเดือนก่อน

      I don't really blame people who panic. Lack of
      information can be a big hurdle. I've been
      making more than $100k passively by just
      investing through an advisor, and I don't have
      to do much work.. Inflation or no inflation, my
      finances remain secure. So I really don't blame
      people who panic.

    • @ElizabethHansick
      @ElizabethHansick 2 หลายเดือนก่อน

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    • @ElizabethHansick
      @ElizabethHansick 2 หลายเดือนก่อน

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  • @davidjenkins1288
    @davidjenkins1288 2 หลายเดือนก่อน

    inflation is a compounded number .simple maths how come this economist has not said this it is basic GCSE Maths

  • @alisonjones9089
    @alisonjones9089 หลายเดือนก่อน +6

    Sorry ladies nothing new here. Poor people spend on wrong things. Example lottery and gambling. Plenty of opps if you put a little effort and self discipline in and stop blaming government and hard luck

    • @SteveEdwards-kh5hg
      @SteveEdwards-kh5hg หลายเดือนก่อน +1

      Boy ur very judgemental.not a great attitude.unless u hav lived in their shoes don't judge.i help the homeless.people quick to judge thm too.i talk and provide for these less fortunate,the sexual abuse for both women and men is atrocious,trauma,mental health,abandonment,neglect,physical violence etc,yep most hav a sad story and deal with their trauma in diff ways.stop judging and care abt others.😊

    • @573lbt
      @573lbt หลายเดือนก่อน +1

      Clueless. Absolutely clueless.

  • @erictuilaepa7506
    @erictuilaepa7506 หลายเดือนก่อน

    She sounds kiwi

  • @BAmalakas
    @BAmalakas 2 หลายเดือนก่อน +2

    Wealth tax now

    • @Craig121000
      @Craig121000 2 หลายเดือนก่อน

      You know that's not going to happen. 😁

  • @muhammaduddin9268
    @muhammaduddin9268 2 หลายเดือนก่อน +6

    The Elephant in the room is Brexit.

    • @clarkhunt4014
      @clarkhunt4014 2 หลายเดือนก่อน +2

      Have you seen germany ? Economy on its knees

    • @BAmalakas
      @BAmalakas 2 หลายเดือนก่อน +2

      It didn't help - maybe a baby elephant - but the universe scale elephant is wealth hoarding (people living off the work of others by owning debt)