Everyone..if you can, you need to grow your food. Even if its in pots. My neighbor, who has gardened for years as a hobby, isnt feeling the food prices as much. Her backyard is a full veggie garden. She goes out for meats, flours, and rice. I now realize how wise this decision was. Trying to catch up to her now👀.
The problem seemed to be " @ food distribution " in the global food system , more than enough food is produced , but the distribution system focuses on the " haves" big corporations , the divide between rich and poor , poor do not have enough income to buy , wastages of food , bref , current system will make millions go to bed hungry , if everyone of say grows backyard then an allready troubled ressource " water " risks to be depleted.
@@terintiaflavius3349 😁 yes she is! Im grateful that she is teaching me tips on growing my own. I told her she needs to start a youtube channel. The world could use her knowledge,especially now. Everything from greens to okra to fruits to fresh herbs. She can grow it. But she's camera shy😌😆.
@@Shazzyhtown eleminate wasted foods , food are thrown away , do something a distribution to make food more affordable the less fortunate , poverty alliviation programs etc.. bref improve the allready existing food system , behold BILLION PEOPLE GO TO BED HUNGRY , WHILE PET FOOD PRODUCED STANDS@ 110 BILLION USD .
In such difficult time, Need to spend wisely, spent only on stuff that is needed to survive. And be smart on what one eats. Think before one spend. Less of driving around unnecessary. 🤔🤐
Not everyone has a garden to grow their own food. There are very long waiting lists for (as long as 15 years in some areas of the UK) to grow food as well.
We waste 17% of our available food, globally. That is 121 kg per capita per year. (Source: UNEP, 2021). Reduce wastage. It will offset the food inflation.
Hi, this crisis has been created to bring on the NW0 with the Antichrist. The diesel shortage will bring everything to a standstill and soon "a loaf of bread will cost a days wages" (see Revelation 6.6). We are living in the E N D times, the 7year Tribulation with the Antichrist is right around the corner, that's GOD'S judgement upon all unbelievers! But there is hope - get saved and be rapture ready: accept JESUS CHRIST as your Lord and Savior today!!! Please study biblical end times prophecy; listen to Dr. Ron Rhodes on end times chronology. Blessings from Canada Try to forage for Kudzu and other edible plants and tubers.
Truth thank you. Move to Mexico. Greed .Evil. and Dishonesty will destroy us within. Outsource our law enforcement to Singapore,for they do not coddle evil demon's.
Unfortunately many businesses take this opportunity to gouge the prices. Because many increases doesn’t make any sense and is well above the inflation.
Very easy to live cheap as I've done all my life. I came from a wealthy family due to divorce my Mother became poor and homeless. She brought up her children in a way I still live that's never wasting money in any way. I have 2 rules in my life. RULE ONE, Never waste money. RULE TWO, Never forget rule one. I heat my home free simply by collecting fire wood daily while walking my dog in local forest.
The whole world economic is just beyond broken. And there is no long or short term solution in sight. We need to rethink our way of living as humans before its to late.
@@samirsalim6992 So you suggest slaughtering half of humanity? We could provide food and good livable condition for 10 billion people, if we had a efficient economic system.
There was absolutely no reason to print more money during the pandemic, which was a man made crisis and share across the globe. It was the wrong thing to do, and now a major driver of inflation.
What is also crazy is the FED lying to us saying the didn't know about this much inflation and it was just transitory. Rediculous behavior for over 15 years.
All powerful US dollar made too strong by Trump during worldwide shutdowns. Biden met with Chair Jerome Powell, hope he set him straight. Hope topic at Davos.
This is not true market inflation. Corporations are taking advantage of the laws of supply and demand to extract wealth. They are making record profits. On the other hand, willing consumerism hands them these opportunities. Rising prices do not negatively affect me because I'm not buying it. I am a producer, not a consumer.
You do realize that corporate greed is the driving force of inflation, yes? You also realize that it was infinitely necessary to subsidize people during the pandemic to keep them solvent. We actually didn't subsidize them enough, and for long enough, which allowed the pandemic to continue ravaging communities. Also, the fact that many corporations were so busy chasing the dollar that they minimized costs at the sake of stability, so they only had just-in-time supply chains...and we see how that has worked out. Chasing the dollar is the main cause of everything that is happening now.
How about, instead of feeding as much profit as possible into Wall Street and other stock markets, feed them back into the economy at ground level via wages ? The past 20 years have seen stagnant wages and ever increasing and record breaking profits on an unregulated stock market. The money is there for everybody, only it's now in the hands of relatively few. If it wasn't for easy access credit and mortgages, workers and consumers would have been feeling this a lot sooner. The real economy that affects our daily lives has been unbalanced for too long, now we pay the price.
@Meme Memeson True capitalism re invests in the workers via wages so they can be active consumers of the products they make. What is happening today isn't capitalism, it's unfettered greed, pure and simple. Workers/Consumers have been given easy credit instead of monetary compensation for too long resulting in the lack of liquidity at the base level of the economy. Consumers have no real money and the Banks are doing very well thank you very much. Profit is good, too much profit ? The system breaks down.
@Meme Memeson great point. I think the issue is that most "capitalists" focus on making money short term and worry about the long-term later. Also....capitalism is simply the natural way people do business. If I make a product and someone else makes a similar one, but mine is cheaper and slightly better, mine will simply out sell the other's. I do think there should be some restrictions and regulation on this process, however. Even during the height of the soviet union there existed a huge bartering/ black market that was.....CAPITALISM. The problems arise from finance and banking. Why make any products at all when you can make more more money simply by loaning money than you could make actually making something useful or marketable? That's what saps money to the small "1%"
@Meme Memeson Dogmatic and oversimplified with too many factors missing. Not going to get in a debate about this with you... Indoctrinated economic political theory makes for the worst kind discussion and my time is limited.
The evil God if Greed itself... Monsanto will not allow it. In fact, look at the green movements in India. Indians want to grow their own and do tradings locally, but Monsanto will send you to court and take away everything you worked hard for. It is not as easy as grow your own food in many places in Earth. Corporations don't want people to be self sufficient and self- sustainable.
The problem is the type of climate in a country depends on what type of food can be grown. It doesn't help with an ever growing population that needs housing, and land which used to be used for growing food is being bought by real estate agents.
In America our government pays for farmers not to farm. You are right though. We have become to dependent on other countries and that goes for every country in the world!!
Agriculture should be our main focus. It should be started NOW! What ever can be planted should be planted depending on the season.Americans should not be looking any longer to other countries for sustainance. We should be reaching the point of less reliance on other countries. There is much empty vast acres of land that can be cultivated. Make use of it before its too late. The Amerindians/ East Indians knows much about planting that's all they do and it shows that their survival in any situation like this ( food shortage) they can never go hungry because they know how. That is what they do. Its one of the main aspects of survival. Americans need to get into the habit of FARMING / PLANTING GROWING THEIR OWN FOOD.. Its serious times. We need to wake up their is suffering around the world it has started in some countries starvation and callapse of nations are happening. Especially in third world countries. We here in the large cities have to come to the attention of what is about to come on this planet. Be wise guys there is trouble ahead and being on the idea of large cities. Some of us who can leave should leave these large cities find the country to live. Country living should be our focus. Its better where you have empty lands to plant and grow food for your family and ever to export to the cites. I think that what be the best we can and should be doing or else many of us will be at the mercy of what we are experiencing at present. But what it looks like in America we are heading for disaster if things don't change for the better!! Peace.
California People are living in their cars 🚗 😳 These people are making $50,000/year and working full-time. In the Los Angeles County area Gas is $6.39/gallon today Here public transportation isn't a practical solution and cars are a MUST and not a luxury.
The cost of living in California is criminal. $50,000 a year and I would be doing more than surviving, I would thrive. What needs to be done is to change the system itself. Moving from place to place won't help it, because high volumes of people at any given city will increase the cost of living in those cities too. What needs to change and move is the economy, not the people.
Hi, this crisis has been created to bring on the NW0 with the Antichrist. The diesel shortage will bring everything to a standstill and soon "a loaf of bread will cost a days wages" (see Revelation 6.6). We are living in the E N D times, the 7year Tribulation with the Antichrist is right around the corner, that's GOD'S judgement upon all unbelievers! But there is hope - get saved and be rapture ready: accept JESUS CHRIST as your Lord and Savior today!!! Please study biblical end times prophecy; listen to Dr. Ron Rhodes on end times chronology. Blessings from Canada Try to forage for Kudzu and other edible plants and tubers.
Buy what you need, allow others to buy also, grow your own vegetables, maybe invest in some cows or chickens for eggs, dairy. So many ways to get through times like these. Just have to adjust mindset.
@@LadyCoyKoi always a solution to that though, just need to navigate the environment to make things work. People need to start thinking together within communities cause the govt will only watch their communities suffer and starve
Can't you pleace informe us of the specullators that for more than a half year bought up wheat and cerials, and also bought "futures" on these products and food oils. How much have these specullators actions, increased our food prices? Is it half of the raises? Seventy five procent? Or more?
we have a broken system and have had a broken system for a very long time. it just so happens that the global pandemic, for which we still have no cure, and Putins war make it impossible for them to continue to hide the weaknesses and damages done. I feel we should absolutely not waste our time and resources to fix this broken and outdated system and whine about it. instead we need to use our strength and lessons learned to create a new, stronger more resilient, more inclusive, more wholesome and much much fairer system!
If you print more money AND freeze prices AND increase wages you may achieve some balance in the economy. Alas, such things are politically impossible. The rich will never allow it.
Scarcity is largely a false construct. However, we are NOW facing the reality of Environmental Collapse, Extreme Climate Crisis, AND Ecocide - for the most part, a result of the human activity in this Anthropocene Era. So, the study of Collapse-ology has become ESSENTIAL to our future survival, especially in the near term, as We construct new and refurbish existing Structures of our Shared (not-Shared?) System.
You cannot freeze prices. If you try doing that you will find your goods are exported to locales where the price freeze doesn't apply. You could implement export bans to prevent this but then farmers/manufacturers are disincentivized and stop producing due to low prices and a restricted market. You end up with empty shelves and shortages.
@@MrBlaxjax Interesting. I certainly don't have a background in economics. Would the same producers still feel disincentivised if there is demand for what they sell? If they just sold more of their products (if the demand is there) at the " frozen" prices would they not continue to make money?
@@tonysoprano9530 no, because all producers have to meet costs themselves. Many of those costs are imported and therefore cannot be controlled. The government might instruct a road transport company not to raise prices. But if the price of diesel doubles, that company will have to restrict operations or perhaps even go out of business. If this happens throughout a country then goods will not get delivered. Same with farming. If the government sets the produce at lower prices than market, but the farmer is suffering increased costs then the incentive to bring food to market is reduced. More subtle than that is even if the farmer isnt facing higher costs, the incentives are still reduced.All of this creates shortages. To be more accurate supply of goods and services is reduced. Assuming demand remains constant the paradox of price control is inflation. Think about it. You go to the shops, you want to buy bread. There isn't any in the shops because of price controls. But there's a guy outside selling bread on the black market. Well if course he will be charging more than the government set price. Do you pay that price? Do you have any choice?
I genuinely think a day will come when food will become unaffordable. I am thinking of buying farmland in Pakistan (i.e. 540,000 sq. foot) and ask my Dad to buy 4× that, bringing our holding to 2,700,000 sq. foot which should be enough to employ some farmers and grow some food, cows, goats, chickens, ducks, ostriches, dumbey, etcetera. I am a Software/DevOps Engineer but I genuinely think my grandchildren or great-great grandchildren may end up being farmers. We're living in a world which seems to be going backwards and if we don't have food, what will we do? I suggest Britons buy land in Eastern European countries.
The cost of renewable energy compared to fossil fuel energy would have significant impact. Wind and solar are clearly shown to be cheaper before the escalation in fossil fuel prices.
Is it not high time to consider birth control and respecting women to give them equal chances instead of breeding machines, good for any domestic work , as still is the case in many ' poor ' countries ? There is a limit to what mother earth can provide for , not to mention the enormous waste and pollution which is a result of the way we live and consume. In the ' old days ' food consisted more than 50 percent of an income now food is trown away as it consists merely 10 or less percent. People spend most of their income for useless and temporary needs and desires and wonder that the world economy is falling apart ... more comfort, more money, more assets, more worries and stress, instead of value what really matters, , less is more and share with others who are not so fortunate, because at the end of the day : we can't eat money at all. The world is progressing towards a situation where a vaste number of people become equal to some kind of slaves trying to make ends meet... like in the time of the Romans, Greek and Egyptians and many other so called high developed cultures ... and remain slaves untill they die...
FINALLY, someone with sense mentioned the elephant in the room! People who constantly breed, yet can’t afford to feed or educate have NOBODY but themselves to blame! 8 billion nearly, India overtaking China! Shameful! One of the poorest and uneducated country, won’t stop producing! No sympathy, sorry!
Here is the ugly truth, we are going to lose a billion people in the next 5 years. Nations will fail and mass migration will happen. Borders will get fortified. Farms in Ukrainian are off line at minimum of 5 years, even if fighting ends soon. You need 5 things to build a farm, capital, machines, imputes( fertilizer, pesticides, herbicides) infrastructure ( roads, bridges, irrigation, rail and ports) stable governance. Ukraine has lost all this, Russia half of this,and other nations one or more! This is the difference between substance farming ( feed your self, family and a couple neighbors) and real farms that feed towns and cities! So people will die and producing nations will ban or have very selective exports. Like Russia and India now. They are just the first ones....
We are so divided that we can't work together. We just sit back and take it. Together we can stop this. We have power in numbers some people are tired and has given up. Our so called leaders have given into the money machine. We need another HERO!!!
The G with a capital G of the Sahel will become a major building retailers. The price of wheat is lower compared to a superb villa which can bring in a huge mountain of wheat, even if it is a desert place at the moment.
well the pfixer solution cost the world about 4 trillion. there were other solutions. and as shown clearly by the rate of reinfection. follow the $cience
We the human race, we are making our lives difficult, instead of making it easy. Human race have everything we needed to survive. what is our problems? Using Russian and Ukraine for our problems all over the world doesn't make any sense at all. Who is benefiting from this inflation? Covid by the corner also another problem. Price increases should stop. Few Billionaires are benefiting. WHY?
The way out= Stop living under the rule of global finance & cultural parasites. Localism is the best way to preserve a people's dignity, safety & prosperity
Hard times are here with inflation at all time high in most nations.Crucial remedial measures like restoring food supply chain disruptions, ending Ukraine crisis sooner than later, solve climate change issues, control measures of covid pandemic spreading faster n further. The global U.N. body should co-ordinate with advanced nations to find the right formula to address these global issues with many expertise from all nations before the global crisis deteriorates further.
Easy said than done, the UN is useless as they can't stop wars from happening because the defence industries are so powerful and employ millions of high skilled high wages jobs,
Bad days ahead beyond what anyone might imagine. Prepare for the worst and with a little luck the worst might be avoided. Except for those places such as Sri Lanka where the worst case scenario has already arrived.
The solution is simple. I have been providing it for many years, prior to today's recognized inflation. You start with ending the upward manipulation of stock markets. I see no leader nor acclaimed economist that shows what I put forth. Go see the book, Thoughtful Living" and the accompanying site, proposed solutions.
I Think This Whole Year A Lot of things are going wrong. Gas Is Outrageous, Food Is High And Rent Is Steadily Going Up. I Think People Are Starting To Be Selective On What They Spend. The Economy Is Crazy Right Now! Reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning? I would appreciate
I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or crypto and stocks
I am raised by a silver spoon in my mouth and I don't worry about the cost 😃 of anything my mother take good care of me and mother has a iron fist and she demand respect
Tell to ,,U,S look for way to fight with another country , what was wrong if they refuse to add Ukraine in NATO!!! NATO become powerless ? Not so that's the reason why Ukraine war ,think who is responsible
It's not really that simple. You need to also increase the supply of goods. Higher wages means people chase too few goods and will just lead to higher prices once again. If you put price controls it will lead to supply shortages as there will be less incentive for smaller competitors to produce as they wont be able to profit without economy of scale. The real problem was are idiot governments printing a bunch of money and locking down the world.
Central Bankers monopoly of money creation is coming to it's natural maturation, hyper inflation. Why else do price of homes in USA and stock market keep going up and up. Charging interest on money loaned should not be counted as GDP but as inflation. Therefore if you charge 2% interest rate the inflation rate should also be 2% compounded annually. So long as Central Bankers are never audited central bankers can print money and buy what ever they want. Navy's, Airforces, ports, railroads, refineries, Presidents entire nations. Central Bankers are trying to destroy Russia, the only country on Earth standing in the way of DAVOS ,WEF, IMF bankers from taking over the entire world. All governments are gangsters fighting over territory, it is as simple as that. When Pol Pak genocided one fourth of Cambodia population, famine was the tool he used . It is the DAVOS WEF people who are causing petrol shortages, and escalating the war in Ukraine, which is causing famines ,fuel shortages. But yet DAVOS, United Nations people are saying they are trying to save the planet by killing billions of people. Think about it !!! The International Socialists are creating another mass genocide.
A world agricultural alliance that will require the countries of the world to pool their resources, both land and economic resources, together to mass-produce food on all the continents of the earth is needed now to solve the coming global food crisis that the world is only beginning to see a chip of the iceberg of.
Goods and money inflation will happened no matter what, it's salary rates that need to be demanded a raise to compensate this issue. It will hurt the corporations and investors. The government need to consider who is more important for this particular time
Well.... Personally I'd start with energy production and distribution. Because in a mechanized world the cost of energy is a major factor in every step of food production and distribution. Next I'd address theincreasing food production c tion. This is especially important considering thst the Russians have interfered with and c are destroying the production n of sroundv20 percent of the world's wheat production. Almost all of the world's popul a tion consumes whe as t as bread noodles pasta etc. It's entirely possible to increase e nergy production with out reliance on the cartel run by the Ssudi Russian cartel if it were desired. It's entirely possible to greatly increase we h est production in the American Midwest and Argentina for example its entirely pos a idle to give Ukrsine the means to evict the Rus s Ian's from their country and bring food production and shipments of oil as nd wh we a t back on line in 2 years. What IS a severe problem is how the poor s t marginalized countries as with expanding population can continue to afford to feed their people.. Another major problem is the tendency of most nations to quarrel with other nations and thus spend huge chucks of their income on weapons and armies. And a final major problem is the social programs in many countries are misdirected . The primary thrust of social programs should be enabling people to become productive earners rather than recipients of insufficient charity. As far as failing distribution chains are concerned it was inevitable for many reasons. But the major reasons were complexity reliance on a sole source snd reliance on undetectable sources. We see the effects of the last clearly with the over reliance of Europe on Russian natural gas for example. As well as the centralization of the microchip industry. The more complex a supply chain is and the more it relies on 1 least cost producer the greater the chance of a failure somewhere along the line.
Some brave new World change is needed here. I vote for lab-grown meat to replace today's meat industrial practices. Even plant-based foods would be better to grow indoor. Give time for nature to bring back the eco-system that we converted to farmlands, cattle-farms, pig pens, etc. Grow trees, use bio-char to enrich soils to lock in carbon within soil for plants' roots to absorb instead of letting them bond with oxygen in the air to form CO2. And that's all I know.
Q - What's the way out of the global cost of living crisis? A - Stop your dependence on Dying super power that called U.S.A. once the world change that direction the world will be fine !! no brainer !!
Get saved!!! This crisis has been created to bring on the NW0 with the Antichrist. The diesel shortage will bring everything to a standstill and soon "a loaf of bread will cost a days wages" (see Revelation 6.6). We are living in the E N D times, the 7year Tribulation with the Antichrist is right around the corner, that's GOD'S judgement upon all unbelievers! But there is hope - get saved and be rapture ready: accept JESUS CHRIST as your Lord and Savior today!!! Please study biblical end times prophecy; listen to Dr. Ron Rhodes on end times chronology. Blessings from Canada Try to forage for Kudzu and other edible plants and tubers.
Some are use to other countries feed their people and they need help teaching them to grow their food and how to take care of it India has as much as other countries and they need to help their people as America needs to help their people But some people expect others to give and give and they do nothing This system set up by Clinton and others has unable some to not have hope in their own ability to do and they can
A famine just what happened in the Biblical times Grandma talked about him Jesus Christ talked about him is there a prophecy mankind turning from God his Commandments turn into their own selfish desires
Everyone..if you can, you need to grow your food. Even if its in pots. My neighbor, who has gardened for years as a hobby, isnt feeling the food prices as much. Her backyard is a full veggie garden. She goes out for meats, flours, and rice. I now realize how wise this decision was. Trying to catch up to her now👀.
Your neighbor is showing the way.
The problem seemed to be " @ food distribution " in the global food system , more than enough food is produced , but the distribution system focuses on the " haves" big corporations , the divide between rich and poor , poor do not have enough income to buy , wastages of food , bref , current system will make millions go to bed hungry , if everyone of say grows backyard then an allready troubled ressource " water " risks to be depleted.
@@SH-bw5fx so what should we do then? Wait to suffer? 🤷
@@terintiaflavius3349 😁 yes she is! Im grateful that she is teaching me tips on growing my own. I told her she needs to start a youtube channel. The world could use her knowledge,especially now. Everything from greens to okra to fruits to fresh herbs. She can grow it. But she's camera shy😌😆.
@@Shazzyhtown eleminate wasted foods , food are thrown away , do something a distribution to make food more affordable the less fortunate , poverty alliviation programs etc.. bref improve the allready existing food system , behold BILLION PEOPLE GO TO BED HUNGRY , WHILE PET FOOD PRODUCED STANDS@ 110 BILLION USD .
In such difficult time, Need to spend wisely, spent only on stuff that is needed to survive. And be smart on what one eats. Think before one spend. Less of driving around unnecessary. 🤔🤐
That is easier said ,than done
Don't you think that government should charge high taxes on those 1% elite who had doubled their wealth during covid-19.
Growing your own vegetables and cooking your own food might help a little.
Yes learn all cooking and recipes
Not everyone has a garden to grow their own food. There are very long waiting lists for (as long as 15 years in some areas of the UK) to grow food as well.
Ride a bike! 😂
@@samanthahardy9903 A flower pot works fine too. Tomatoes and chillies can be grown in them.
@@jlcgu11 I'm considering trying to grow some potatoes in an old swing top bin on my small balcony.
We waste 17% of our available food, globally. That is 121 kg per capita per year. (Source: UNEP, 2021). Reduce wastage. It will offset the food inflation.
Not we they west food,in our culture we warships Mata Annapurna 🐅
Working as busser teach you allot about boujee American
@@tigerking2742 India wastes 50 kg per capita per year. Yes, it is lower than in western countries, but it is still a waste.
@@newbiekhyber 😂😂chalo thoda bahut kutta billi ko khila do 🐅
Not "we" but you - people of the collective West.
Its plain and simple….human greed is the cause of evrything.
Not all things, just the bad ones.
Hi, this crisis has been created to bring on the NW0 with the Antichrist.
The diesel shortage will bring everything to a standstill and soon "a loaf of bread will cost a days wages" (see Revelation 6.6).
We are living in the E N D times, the 7year Tribulation with the Antichrist is right around the corner, that's GOD'S judgement upon all unbelievers! But there is hope - get saved and be rapture ready: accept JESUS CHRIST as your Lord and Savior today!!!
Please study biblical end times prophecy; listen to Dr. Ron Rhodes on end times chronology.
Blessings from Canada
Try to forage for Kudzu and other edible plants and tubers.
Well you know billionaires can't ever hoard enough money.
Truth thank you.
Move to Mexico.
Greed .Evil. and Dishonesty will destroy us within. Outsource our law enforcement to Singapore,for they do not coddle evil demon's.
Unfortunately many businesses take this opportunity to gouge the prices. Because many increases doesn’t make any sense and is well above the inflation.
Very easy to live cheap as I've done all my life. I came from a wealthy family due to divorce my Mother became poor and homeless. She brought up her children in a way I still live that's never wasting money in any way. I have 2 rules in my life. RULE ONE, Never waste money. RULE TWO, Never forget rule one. I heat my home free simply by collecting fire wood daily while walking my dog in local forest.
Having a dog is not cheap.
Having a home with a fire is not cheap
News Flash
Prices don't go up on their own
Rich people raise the Prices
No one … no news media have the guts to tell the ones that put sanctions on other to call off the sanctions
The whole world economic is just beyond broken. And there is no long or short term solution in sight. We need to rethink our way of living as humans before its to late.
Just half the worlds population while we think of a better way.
@@samirsalim6992 So you suggest slaughtering half of humanity?
We could provide food and good livable condition for 10 billion people, if we had a efficient economic system.
There was absolutely no reason to print more money during the pandemic, which was a man made crisis and share across the globe. It was the wrong thing to do, and now a major driver of inflation.
What is also crazy is the FED lying to us saying the didn't know about this much inflation and it was just transitory. Rediculous behavior for over 15 years.
All powerful US dollar made too strong by Trump during worldwide shutdowns. Biden met with Chair Jerome Powell, hope he set him straight. Hope topic at Davos.
This is not true market inflation. Corporations are taking advantage of the laws of supply and demand to extract wealth. They are making record profits. On the other hand, willing consumerism hands them these opportunities. Rising prices do not negatively affect me because I'm not buying it. I am a producer, not a consumer.
Congrats on being a 'Maker', well put in comment. The consumer IS healthier. 2 jobs for every seeker.🎩🥰💯
You do realize that corporate greed is the driving force of inflation, yes? You also realize that it was infinitely necessary to subsidize people during the pandemic to keep them solvent. We actually didn't subsidize them enough, and for long enough, which allowed the pandemic to continue ravaging communities. Also, the fact that many corporations were so busy chasing the dollar that they minimized costs at the sake of stability, so they only had just-in-time supply chains...and we see how that has worked out. Chasing the dollar is the main cause of everything that is happening now.
How about, instead of feeding as much profit as possible into Wall Street and other stock markets, feed them back into the economy at ground level via wages ? The past 20 years have seen stagnant wages and ever increasing and record breaking profits on an unregulated stock market. The money is there for everybody, only it's now in the hands of relatively few. If it wasn't for easy access credit and mortgages, workers and consumers would have been feeling this a lot sooner. The real economy that affects our daily lives has been unbalanced for too long, now we pay the price.
@Meme Memeson True capitalism re invests in the workers via wages so they can be active consumers of the products they make. What is happening today isn't capitalism, it's unfettered greed, pure and simple. Workers/Consumers have been given easy credit instead of monetary compensation for too long resulting in the lack of liquidity at the base level of the economy. Consumers have no real money and the Banks are doing very well thank you very much. Profit is good, too much profit ? The system breaks down.
@@BoggWeasel exactly!
I can make the whole world rich.
@Meme Memeson great point. I think the issue is that most "capitalists" focus on making money short term and worry about the long-term later. Also....capitalism is simply the natural way people do business. If I make a product and someone else makes a similar one, but mine is cheaper and slightly better, mine will simply out sell the other's. I do think there should be some restrictions and regulation on this process, however. Even during the height of the soviet union there existed a huge bartering/ black market that was.....CAPITALISM. The problems arise from finance and banking. Why make any products at all when you can make more more money simply by loaning money than you could make actually making something useful or marketable? That's what saps money to the small "1%"
@Meme Memeson Dogmatic and oversimplified with too many factors missing. Not going to get in a debate about this with you... Indoctrinated economic political theory makes for the worst kind discussion and my time is limited.
Every country should produce their food themselves to reduce dependence !
The evil God if Greed itself... Monsanto will not allow it. In fact, look at the green movements in India. Indians want to grow their own and do tradings locally, but Monsanto will send you to court and take away everything you worked hard for. It is not as easy as grow your own food in many places in Earth. Corporations don't want people to be self sufficient and self- sustainable.
Very true.Very surprised at
Africa,'s dependency for wheat from Ukraine,when they can grow it themselves.
The problem is the type of climate in a country depends on what type of food can be grown. It doesn't help with an ever growing population that needs housing, and land which used to be used for growing food is being bought by real estate agents.
In America our government pays for farmers not to farm. You are right though. We have become to dependent on other countries and that goes for every country in the world!!
Agriculture should be our main focus. It should be started NOW! What ever can be planted should be planted depending on the season.Americans should not be looking any longer to other countries for sustainance. We should be reaching the point of less reliance on other countries. There is much empty vast acres of land that can be cultivated. Make use of it before its too late. The Amerindians/ East Indians knows much about planting that's all they do and it shows that their survival in any situation like this ( food shortage) they can never go hungry because they know how. That is what they do. Its one of the main aspects of survival. Americans need to get into the habit of FARMING / PLANTING GROWING THEIR OWN FOOD.. Its serious times. We need to wake up their is suffering around the world it has started in some countries starvation and callapse of nations are happening. Especially in third world countries. We here in the large cities have to come to the attention of what is about to come
on this planet. Be wise guys there is trouble ahead and being on the idea of large cities. Some of us who can leave should leave these large cities find the country to live. Country living should be our focus. Its better where you have empty lands to plant and grow food for your family and ever to export to the cites. I think that what be the best we can and should be doing or else many of us will be at the mercy of what we are experiencing at present. But what it looks like in America we are heading for disaster if things don't change for the better!! Peace.
hoarding at the top has created a super-rich category
the results of a generation that is extremely selfish...
California
People are living in their cars 🚗 😳
These people are making $50,000/year
and working full-time.
In the Los Angeles County area
Gas is $6.39/gallon today
Here public transportation isn't a practical solution and cars are a MUST and not a luxury.
The cost of living in California is criminal. $50,000 a year and I would be doing more than surviving, I would thrive. What needs to be done is to change the system itself. Moving from place to place won't help it, because high volumes of people at any given city will increase the cost of living in those cities too. What needs to change and move is the economy, not the people.
nobody mentions market speculators and corporate greed as some of the reasons why the prices are out of a whack!
Question: "What's the way out of the global cost of living crisis?"
Answer: Eat the wealthy...or at least take control over their greedy ways.
Hi, this crisis has been created to bring on the NW0 with the Antichrist.
The diesel shortage will bring everything to a standstill and soon "a loaf of bread will cost a days wages" (see Revelation 6.6).
We are living in the E N D times, the 7year Tribulation with the Antichrist is right around the corner, that's GOD'S judgement upon all unbelievers! But there is hope - get saved and be rapture ready: accept JESUS CHRIST as your Lord and Savior today!!!
Please study biblical end times prophecy; listen to Dr. Ron Rhodes on end times chronology.
Blessings from Canada
Try to forage for Kudzu and other edible plants and tubers.
_Eat the wealthy_
Name them for us.
@@imacmill everybody's greedy
@@jimmorris8927 Speak for yourself.
@@jimmorris8927 _everybody's greedy_
'Greed' is a fuzzy word that means wildly different things to different people.
For me...I downsized my life , live simple, debt free, healthy, and spirtual!....These are scary times!
Indian rulers are more interested in retaing power. So they were totally focused on state elections and neglected other important issues
Tell me about it ☝️😪 same in America too. In american English there is a reason that we named a group of monkeys 🐒 a congress 😂😂🤷♂️
To start an anti-rent movement. There is no cost of living crisis, only the housing affordability crisis and a cost of decadence crisis.
Miss Nordhagen , mentioned an important point , the global food system was allready fragile long before covid-19 .
Buy what you need, allow others to buy also, grow your own vegetables, maybe invest in some cows or chickens for eggs, dairy. So many ways to get through times like these. Just have to adjust mindset.
That works well for those us with land, but those living in the cities can't. 😞🤦
@@LadyCoyKoi always a solution to that though, just need to navigate the environment to make things work. People need to start thinking together within communities cause the govt will only watch their communities suffer and starve
@@H4KTNNT Sadly community spirit has diminished in a lot of places, especially in cities. It's every man/woman for themselves in the U.K.
That day isn't that far when cell phones will be as cheap as vegetables.
You know what I mean.
Those we have a little land also, without wasting time,we are to grow some vegetables, that is the only way to get rid of price rise to some extent
Can't you pleace informe us of the specullators that for more than a half year bought up wheat and cerials, and also bought "futures" on these products and food oils.
How much have these specullators actions, increased our food prices?
Is it half of the raises?
Seventy five procent?
Or more?
we have a broken system and have had a broken system for a very long time.
it just so happens that the global pandemic, for which we still have no cure, and Putins war make it impossible for them to continue to hide the weaknesses and damages done. I feel we should absolutely not waste our time and resources to fix this broken and outdated system and whine about it. instead we need to use our strength and lessons learned to create a new, stronger more resilient, more inclusive, more wholesome and much much fairer system!
If you print more money AND freeze prices AND increase wages you may achieve some balance in the economy. Alas, such things are politically impossible. The rich will never allow it.
That leads to shortages.
Scarcity is largely a false construct. However, we are NOW facing the reality of Environmental Collapse, Extreme Climate Crisis, AND Ecocide - for the most part, a result of the human activity in this Anthropocene Era. So, the study of Collapse-ology has become ESSENTIAL to our future survival, especially in the near term, as We construct new and refurbish existing Structures of our Shared (not-Shared?) System.
You cannot freeze prices. If you try doing that you will find your goods are exported to locales where the price freeze doesn't apply. You could implement export bans to prevent this but then farmers/manufacturers are disincentivized and stop producing due to low prices and a restricted market. You end up with empty shelves and shortages.
@@MrBlaxjax Interesting. I certainly don't have a background in economics. Would the same producers still feel disincentivised if there is demand for what they sell? If they just sold more of their products (if the demand is there) at the " frozen" prices would they not continue to make money?
@@tonysoprano9530 no, because all producers have to meet costs themselves. Many of those costs are imported and therefore cannot be controlled. The government might instruct a road transport company not to raise prices. But if the price of diesel doubles, that company will have to restrict operations or perhaps even go out of business. If this happens throughout a country then goods will not get delivered. Same with farming. If the government sets the produce at lower prices than market, but the farmer is suffering increased costs then the incentive to bring food to market is reduced. More subtle than that is even if the farmer isnt facing higher costs, the incentives are still reduced.All of this creates shortages. To be more accurate supply of goods and services is reduced. Assuming demand remains constant the paradox of price control is inflation. Think about it. You go to the shops, you want to buy bread. There isn't any in the shops because of price controls. But there's a guy outside selling bread on the black market. Well if course he will be charging more than the government set price. Do you pay that price? Do you have any choice?
I genuinely think a day will come when food will become unaffordable. I am thinking of buying farmland in Pakistan (i.e. 540,000 sq. foot) and ask my Dad to buy 4× that, bringing our holding to 2,700,000 sq. foot which should be enough to employ some farmers and grow some food, cows, goats, chickens, ducks, ostriches, dumbey, etcetera. I am a Software/DevOps Engineer but I genuinely think my grandchildren or great-great grandchildren may end up being farmers. We're living in a world which seems to be going backwards and if we don't have food, what will we do? I suggest Britons buy land in Eastern European countries.
jump from a sky scraper!
All of our so called progress and developments were possible, because farmers produced the food to feed the rest of us us!!!
If Britons buy land in Asia it will be way more cheaper than eastern Europe why didn't you suggest them to buy in Asia?
@@fatemad4012 Uhm, idk my impression of them buying too much land in Asian countries isn't good because of colonialism, Palestine and ME conflicts.
Less war more food production!
The cost of renewable energy compared to fossil fuel energy would have significant impact. Wind and solar are clearly shown to be cheaper before the escalation in fossil fuel prices.
If there is no wind and no sun everything stops and pray for them to show up like you do when the is no ran for so long.
It will adjust to market forces....just too much happening at the same time...so a bit of a shock.
Is it not high time to consider birth control and respecting women to give them equal chances instead of breeding machines, good for any domestic work , as still is the case in many ' poor ' countries ? There is a limit to what mother earth can provide for , not to mention the enormous waste and pollution which is a result of the way we live and consume. In the ' old days ' food consisted more than 50 percent of an income now food is trown away as it consists merely 10 or less percent. People spend most of their income for useless and temporary needs and desires and wonder that the world economy is falling apart ... more comfort, more money, more assets, more worries and stress, instead of value what really matters, , less is more and share with others who are not so fortunate, because at the end of the day : we can't eat money at all. The world is progressing towards a situation where a vaste number of people become equal to some kind of slaves trying to make ends meet... like in the time of the Romans, Greek and Egyptians and many other so called high developed cultures ... and remain slaves untill they die...
FINALLY, someone with sense mentioned the elephant in the room! People who constantly breed, yet can’t afford to feed or educate have NOBODY but themselves to blame! 8 billion nearly, India overtaking China! Shameful! One of the poorest and uneducated country, won’t stop producing! No sympathy, sorry!
Scary times😫🙏
Here is the ugly truth, we are going to lose a billion people in the next 5 years. Nations will fail and mass migration will happen. Borders will get fortified. Farms in Ukrainian are off line at minimum of 5 years, even if fighting ends soon. You need 5 things to build a farm, capital, machines, imputes( fertilizer, pesticides, herbicides) infrastructure ( roads, bridges, irrigation, rail and ports) stable governance. Ukraine has lost all this, Russia half of this,and other nations one or more! This is the difference between substance farming ( feed your self, family and a couple neighbors) and real farms that feed towns and cities! So people will die and producing nations will ban or have very selective exports. Like Russia and India now. They are just the first ones....
We are so divided that we can't work together. We just sit back and take it. Together we can stop this. We have power in numbers some people are tired and has given up. Our so called leaders have given into the money machine. We need another HERO!!!
You mean a Cost of greed crisis.
The G with a capital G of the Sahel will become a major building retailers. The price of wheat is lower compared to a superb villa which can bring in a huge mountain of wheat, even if it is a desert place at the moment.
well the pfixer solution cost the world about 4 trillion. there were other solutions. and as shown clearly by the rate of reinfection. follow the $cience
We the human race, we are making our lives difficult, instead of making it easy.
Human race have everything we needed to survive. what is our problems? Using Russian and Ukraine for our problems all over the world doesn't make any sense at all. Who is benefiting from this inflation? Covid by the corner also another problem. Price increases should stop. Few Billionaires are benefiting. WHY?
The way out=
Stop living under the rule of global finance & cultural parasites.
Localism is the best way to preserve a people's dignity, safety & prosperity
Reportedly Bill Gates reportedly brought up All farmlands in the United States and other countries!....
Thanks China🇨🇳 and Russia🇷🇺 for the rising cost!
Thanks China and Russia for the rising cost_
LOL!
You're either a disinformation agent, or tragically gullible.
Come to think of it, you're both.
Thank Trump and COVID delay/ denial. Fed debt printing is that powerful.
Your name should be Lost Chang
I doubt it's them alone, these prices were getting higher way before Russia and Ukraine war!!
Thank EU and US for provoking the R/E war and sanctioning one of the world’s major food and energy exporter. And Lost Chang is from Taiwan
Hard times are here with inflation at all time high in most nations.Crucial remedial measures like restoring food supply chain disruptions, ending Ukraine crisis sooner than later, solve climate change issues, control measures of covid pandemic spreading faster n further. The global U.N. body should co-ordinate with advanced nations to find the right formula to address these global issues with many expertise from all nations before the global crisis deteriorates further.
And birthcontrol! What do we fo with overpopulation India,China etc.
Haha you want the people who created the problems on purpose to solve them? The.propaganda has clearly worked on you
Easy said than done, the UN is useless as they can't stop wars from happening because the defence industries are so powerful and employ millions of high skilled high wages jobs,
Bad days ahead beyond what anyone might imagine. Prepare for the worst and with a little luck the worst might be avoided. Except for those places such as Sri Lanka where the worst case scenario has already arrived.
The solution is simple. I have been providing it for many years, prior to today's recognized inflation.
You start with ending the upward manipulation of stock markets. I see no leader nor acclaimed economist that shows what I put forth. Go see the book, Thoughtful Living" and the accompanying site, proposed solutions.
How to stop global inflation? Simple, stop printing fiat currency. Major culprit is Dollar.
Eat be nice to others will improve the quality of life by avoiding the unneeded in your life.
25 minutes of repeating the same thing over and over and over. Waste of time.
"What are the gender imbalances, perhaps women and non-bin...." Proceeds to shut off this garbage.
I Think This Whole Year A Lot of things are going wrong. Gas Is Outrageous, Food Is High And Rent Is Steadily Going Up. I Think People Are Starting To Be Selective On What They Spend. The Economy Is Crazy Right Now! Reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning? I would appreciate
I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or crypto and stocks
@pedro Oh you know her too😲😲, I really don't know how she does it; her trading strategy is top notch
@pedro Ms Jennifer is obviously the best , her strategy is really effective because I see my crypto increase 3-7 times after investing
please how can I reach her, I want to invest?
@@migueldiaz3917 It's easy to reach her through her telegrm channel
Just stop paying.
I am raised by a silver spoon in my mouth and I don't worry about the cost 😃 of anything my mother take good care of me and mother has a iron fist and she demand respect
Tell to ,,U,S look for way to fight with another country , what was wrong if they refuse to add Ukraine in NATO!!! NATO become powerless ? Not so that's the reason why Ukraine war ,think who is responsible
This will ease the way to the great reset..... what hungry people will turn down free money? Sell your freedom for food
Increase wages!!! 🤷🏻♂️
It's not really that simple. You need to also increase the supply of goods. Higher wages means people chase too few goods and will just lead to higher prices once again. If you put price controls it will lead to supply shortages as there will be less incentive for smaller competitors to produce as they wont be able to profit without economy of scale. The real problem was are idiot governments printing a bunch of money and locking down the world.
Surah Waqiah, every night Insha'Allah
This is a absolutely sweet video
Central Bankers monopoly of money creation is coming to it's natural maturation, hyper inflation. Why else do price of homes in USA and stock market keep going up and up. Charging interest on money loaned should not be counted as GDP but as inflation. Therefore if you charge 2% interest rate the inflation rate should also be 2% compounded annually. So long as Central Bankers are never audited central bankers can print money and buy what ever they want. Navy's, Airforces, ports, railroads, refineries, Presidents entire nations. Central Bankers are trying to destroy Russia, the only country on Earth standing in the way of DAVOS ,WEF, IMF bankers from taking over the entire world. All governments are gangsters fighting over territory, it is as simple as that. When Pol Pak genocided one fourth of Cambodia population, famine was the tool he used . It is the DAVOS WEF people who are causing petrol shortages, and escalating the war in Ukraine, which is causing famines ,fuel shortages. But yet DAVOS, United Nations people are saying they are trying to save the planet by killing billions of people. Think about it !!! The International Socialists are creating another mass genocide.
A world agricultural alliance that will require the countries of the world to pool their resources, both land and economic resources, together to mass-produce food on all the continents of the earth is needed now to solve the coming global food crisis that the world is only beginning to see a chip of the iceberg of.
Kim. You have great hair. I love it.
Goods and money inflation will happened no matter what, it's salary rates that need to be demanded a raise to compensate this issue. It will hurt the corporations and investors. The government need to consider who is more important for this particular time
Not human greed it s government greed the rich are toooooo greedy. Not human.
The way out is to have not gotten in. Something about making your bed and sleeping in it..
Blame it all on China and Russia
how about calling the leaders to STOP THE FREAKING WAR!!
20:00 nope, incorrect, these video footage are from Yemen not Egypt
Democrats love it. They voted for it
How does the war in Ukraine causing inflation
It doesn't they are scape goating this has been going on before the war , it's just not helping
Great book..true story,title-"Cowboy Mafia "
All over food gone up an people struggle why why
Well....
Personally I'd start with energy production and distribution. Because in a mechanized world the cost of energy is a major factor in every step of food production and distribution.
Next I'd address theincreasing food production c tion. This is especially important considering thst the Russians have interfered with and c are destroying the production n of sroundv20 percent of the world's wheat production.
Almost all of the world's popul a tion consumes whe as t as bread noodles pasta etc.
It's entirely possible to increase e nergy production with out reliance on the cartel run by the Ssudi Russian cartel if it were desired. It's entirely possible to greatly increase we h est production in the American Midwest and Argentina for example its entirely pos a idle to give Ukrsine the means to evict the Rus s Ian's from their country and bring food production and shipments of oil as nd wh we a t back on line in 2 years.
What IS a severe problem is how the poor s t marginalized countries as with expanding population can continue to afford to feed their people..
Another major problem is the tendency of most nations to quarrel with other nations and thus spend huge chucks of their income on weapons and armies.
And a final major problem is the social programs in many countries are misdirected . The primary thrust of social programs should be enabling people to become productive earners rather than recipients of insufficient charity.
As far as failing distribution chains are concerned it was inevitable for many reasons.
But the major reasons were complexity reliance on a sole source snd reliance on undetectable sources.
We see the effects of the last clearly with the over reliance of Europe on Russian natural gas for example. As well as the centralization of the microchip industry.
The more complex a supply chain is and the more it relies on 1 least cost producer the greater the chance of a failure somewhere along the line.
If you can't take care of shortage don't take actions to create problems.
nice video
Some brave new World change is needed here. I vote for lab-grown meat to replace today's meat industrial practices. Even plant-based foods would be better to grow indoor. Give time for nature to bring back the eco-system that we converted to farmlands, cattle-farms, pig pens, etc. Grow trees, use bio-char to enrich soils to lock in carbon within soil for plants' roots to absorb instead of letting them bond with oxygen in the air to form CO2. And that's all I know.
Over an over flour gas oil
This is what happens when the US and EU sanction Russia, one of the major food and energy exporter.
And that’s what you get with CENTRAL BANKS GOING BUST .
Time for the west to bear this now in the coming decades ..
It will be easy to spot the criminals in all of this.....
We are in the EZEKIEL phase of these Last Days !...EZEKIEL 7..19
Its a cost of greed
Q - What's the way out of the global cost of living crisis?
A - Stop your dependence on Dying super power that called U.S.A. once the world change that direction the world will be fine !! no brainer !!
MEDIA MAKE IT BADDER THEN WHAT IT ALL APPEARS TO BE IT'S REALLY NOT THAT BAD DON'T EXAGGERATE THE WORST YEA FOOD IS UP BUT ITS REALLY NOT THST BAD .
How it's not that bad?
2 words; "Adapt; FAST" . . . . . . . . .
Get saved!!! This crisis has been created to bring on the NW0 with the Antichrist.
The diesel shortage will bring everything to a standstill and soon "a loaf of bread will cost a days wages" (see Revelation 6.6).
We are living in the E N D times, the 7year Tribulation with the Antichrist is right around the corner, that's GOD'S judgement upon all unbelievers! But there is hope - get saved and be rapture ready: accept JESUS CHRIST as your Lord and Savior today!!!
Please study biblical end times prophecy; listen to Dr. Ron Rhodes on end times chronology.
Blessings from Canada
Try to forage for Kudzu and other edible plants and tubers.
BINGO
Put the Dollar in th bin.
Australia deserves the punishment for being a lapdog of US by cutting ties with her biggest trading partner, China losing so many Australian exports.
Stop printing money
War in Ukraine might affect the supply of barley and thus essential beer supplies?
Some are use to other countries feed their people and they need help teaching them to grow their food and how to take care of it
India has as much as other countries and they need to help their people as America needs to help their people
But some people expect others to give and give and they do nothing
This system set up by
Clinton and others has unable some to not have hope in their own ability to do and they can
Has anyone told the Royal Family and the fat cats in the City , about the cost of living crisis, or is it, just the people's problem ?
You all do know money is a system of imagination only validated through description and/or belief.
Stopped watching at 12 minutes & u know why
A famine just what happened in the Biblical times Grandma talked about him Jesus Christ talked about him is there a prophecy mankind turning from God his Commandments turn into their own selfish desires
👏👏👏
Yeah buy in bulk. Fill your freezer for 6 mths
Not much good if you can't afford the electric to run the freezer and don't have solar panels.
Don't count on having electric to run the freezer. All it takes is equipment failure, natural disasters, etc.
Eat yourself fitter, it's good for you and the economy. Eat a fried-breakfast at The Ivy with extra black pudding.
we will address nothing. history shows that. interesting times incoming.
The government must print more money and have price controls
Russia collapsing.
The best way to end it? End the US dollar exhange.