Cost of Living - Shrinkflation is speeding up at an alarming rate

[adam cool dude]

Yikes:

Firms going bust on track for worst year since 2009

Insolvencies rise 10% from a year ago in the three months to the end of September, official figures show.

www.bbc.co.uk

Firms going bust on track for worst year since 2009​

The big steal carried out by massive corporations/the energy and food sector that robbed us all blind with the "inflation" excuse whilst they raked in bumper profits is now starting to show its effects....

It is just the beginning. Didn't the top 3 richest people in America make hundreds of billions in the last 3 months!!!!?

In a way a lot of these things maybe a blessing in disguise. I think as a society we dine out far too much on processed foods.

I gave up sugar with the exception of natural like oranges and apples last June. Not only am I a lot more healthier as a result but so is my bank balance. I do miss my Vimto however but I was on that for a good 25 years.

 

[Hagar]

Yikes:

Firms going bust on track for worst year since 2009

Insolvencies rise 10% from a year ago in the three months to the end of September, official figures show.

www.bbc.co.uk

Firms going bust on track for worst year since 2009​

The big steal carried out by massive corporations/the energy and food sector that robbed us all blind with the "inflation" excuse whilst they raked in bumper profits is now starting to show its effects....

And then to cap it all a Labour tax raising, big borrowing, inflationary budget. Labour costs increasing massively, negativity from a new government telling us all to be more positive. Then offering the nom doms the perks again to return as the tax take is down.

You could not really make it up.

 

[Combat squirrel]

Worst shrinkflation in recent memory - Nvidia 5090

 

[Jono8]

It is just the beginning. Didn't the top 3 richest people in America make hundreds of billions in the last 3 months!!!!?

In a way a lot of these things maybe a blessing in disguise. I think as a society we dine out far too much on processed foods.

I gave up sugar with the exception of natural like oranges and apples last June. Not only am I a lot more healthier as a result but so is my bank balance. I do miss my Vimto however but I was on that for a good 25 years.

Yes, most of the richest people on the planet got massively more wealthy over the last few years, whilst the majority of everyone else got poorer in real terms.

That is by design. Our entire economy and banking system is designed to help the already rich get richer...because they are the ones who designed it.

 

[D.P.]

What exactly is causing price to rise? Knock on from gas prices and oil prices via Russia Ukraine or what?

Billionaires need to get richer is largely the reason

 

[Combat squirrel]

Billionaires need to get richer is largely the reason

I wonder when the majority of society will be against this, given most dont have enough now, 73% of America barely just about are able to live and never get rich.

 

[Hagar]

I wonder when the majority of society will be against this, given most dont have enough now, 73% of America barely just about are able to live and never get rich.

The bell curve distribution dictates the super rich and the super poor,the latter we try to assist (but a little off topic).

 

[dlockers]

I wonder when the majority of society will be against this, given most dont have enough now, 73% of America barely just about are able to live and never get rich.

Lol mate stop making crap up

 

[dlockers]

The bell curve distribution dictates the super rich and the super poor,the latter we try to assist (but a little off topic).

Engage brain before engaging....

 

[D.P.]

The bell curve distribution dictates the super rich and the super poor,the latter we try to assist (but a little off topic).

except the distribution is not Normal, there is extreme skewness in the distribution. The richest 1% own two thirds of the global wealth. And there is zero reason it has to be this way. A 100% wealth tax on all wealth over 100m, taxed globally

 

[arknor]

Billionaires need to get richer is largely the reason

all these massive companies think about is how they can extract more money from each customer.

The trickle of wealth upwards has just became obscene in the last 15 or so years.

almost nothing stays at the bottom anymore, middle classes seem to have been shifted down the scale etc.

wasn't there some metric for how much a coin gets circulated around the economy? now I bet 99% of them get sucked straight out by multi national corporations and American pension funds, instead of remaining in the country and being taxed, or circulating around the economy


just think about all the coins bezos is sucking out like a parasite, coins that would have been spent multiple times in a local economy
same for starbucks and the rest.

I guess the supermarkets are largely to blame, when they started putting other shops, like butchers, fishmongers, fruit shops etc out of business, then they started doing the same with toys, electricals etc.
it made it easy for a big foreign company to come in and swoop up all those coins that the supermarkets stopped from circulating around in a local economy..


Imagine you were running like a small village or whatever, but most of the coins are going to outside companies instead of staying in the economy.
you'd soon put a stop to it, everyone would be outraged etc...


you could say the same about imagining out country was a household...

you'd be nuts to be giving away tens of billions to other households whilst your 2.5 trillion or whatever in debt.
somehow on a large scale the madness is acceptable


the people responsible are protected by so many layers, they can make changes that go against a whole societies interests

 

[jpaul]

entropy of money/resources ?

Engage brain before engaging....

GenZ are increasingly automatic though - that's why they like Musks ev's

Also they are using youtube&co for recipes, or research for cheap groceries, putting money in The Mans pocket ... lawyers used to be the leeches.

 

[BUDFORCE]

all these massive companies think about is how they can extract more money from each customer.

The trickle of wealth upwards has just became obscene in the last 15 or so years.

almost nothing stays at the bottom anymore, middle classes seem to have been shifted down the scale etc.

wasn't there some metric for how much a coin gets circulated around the economy? now I bet 99% of them get sucked straight out by multi national corporations and American pension funds, instead of remaining in the country and being taxed, or circulating around the economy


just think about all the coins bezos is sucking out like a parasite, coins that would have been spent multiple times in a local economy
same for starbucks and the rest.

I guess the supermarkets are largely to blame, when they started putting other shops, like butchers, fishmongers, fruit shops etc out of business, then they started doing the same with toys, electricals etc.
it made it easy for a big foreign company to come in and swoop up all those coins that the supermarkets stopped from circulating around in a local economy..


Imagine you were running like a small village or whatever, but most of the coins are going to outside companies instead of staying in the economy.
you'd soon put a stop to it, everyone would be outraged etc...


you could say the same about imagining out country was a household...

you'd be nuts to be giving away tens of billions to other households whilst your 2.5 trillion or whatever in debt.
somehow on a large scale the madness is acceptable


the people responsible are protected by so many layers, they can make changes that go against a whole societies interests

It's quite concerning the way it's going.

You just have to look at some of these road infrastructure projects.

You know about the bit of the A1 between Alconbury and Peterborough right?

Most of the A1 is dual carriageway but this part opens up in to a really nice stretch of 4 lane motorway I always wondered why.

So basically it's what called a "ghost" toll road. So instead of the government building it, a private company built it, at no up front cost, but... There are sensors under the road that count each vehicle, and for each vehicle the tax payer is charged.

By the end of this contract the private company will have made like 4x as much money as it would have cost the tax payer.

Apparently there a many of these around.

 

[The_Arbiter]

Apparently there a many of these around.

There was an article posted up, can't remember what thread. Nor i can remember what the private loan/investment is called either
Someone knows what it's called, please enlighten.
Point being, just as everyone continuously says, the government are so short sighted in their financial planning.

 

[GIBURROWS]

Just steal all of your digital goods and tip the balance in your favour.

 

[Hades]

My four finger kitkat from a multipack today was like four matchsticks.

 

[Hagar]

It's quite concerning the way it's going.

You just have to look at some of these road infrastructure projects.

You know about the bit of the A1 between Alconbury and Peterborough right?

Most of the A1 is dual carriageway but this part opens up in to a really nice stretch of 4 lane motorway I always wondered why.

So basically it's what called a "ghost" toll road. So instead of the government building it, a private company built it, at no up front cost, but... There are sensors under the road that count each vehicle, and for each vehicle the tax payer is charged.

By the end of this contract the private company will have made like 4x as much money as it would have cost the tax payer.

Apparently there a many of these around.

I was building some of the last hardened aircraft shelters in the UK at the end of the cold war at Alconbury. It could just be that a decent length of road was necessary for unspecified movements in that area. I don't know but it is as equally likely as a ghost toll road.

 

[Uther]

My four finger kitkat from a multipack today was like four matchsticks.

All multipacks now are basically what used to be called 'funsize' but without the fun.

 

[Diddums]

Just steal all of your digital goods and tip the balance in your favour.

Some people already do.

 

[Rroff]

I was building some of the last hardened aircraft shelters in the UK at the end of the cold war at Alconbury. It could just be that a decent length of road was necessary for unspecified movements in that area. I don't know but it is as equally likely as a ghost toll road.

I'm not sure exactly when but there was a time they planned for things like pandemics and natural disasters, etc. with bits of road, paths which could be converted to roads, etc. so as to be able directly link up hospitals and other services like labs, etc. which has long been abandoned but there are still remnants of it like oddly positioned gates and strange bits of road, etc.

Where my dad used to work there was a contingency plan for in the event of a chemical or biological terrorist event to rapidly convert the lab to a bio safety lab and connect it with an improvised direct road link to the district hospital, bypassing the normal roads.

EDIT: Also instances where they ran out of money or lost in court, etc. like happened to the dual-carriageway near Arundel think it is the A27.