THE ECONOMIST: “ In much of the region—in China, Hong Kong, India, Indonesia, the Philippines and Vietnam—inflation is in fact below average levels over the decade.”
According to Macro Trends:
Hong Kong – inflation since 2000 has seen a low of -5% to a high of 5% with a current read of .33%.
India – has seen a low rate of 3.78% and a high of 12% with a current trend of 6.62%.
China – inflation has been a low of .35% and a high of 5.93% with a current trend of 2.42% as of 2020 the last time it was measured.
According to BIS, Bank of International Settlements: “Many central banks rely on core inflation as the means for measurement. But “core” can mean different things to different countries. It may exclude highly volatile prices (eg those of foodstuffs and fuel), non-monetary expenditures (eg imputed housing costs for owner-occupied property or rents) or the effects of changes in taxes, subsidized prices or rents, and administered prices.”
“The downside of dropping specific price categories is that the resulting narrow index may become less representative of the actual cost of living. This compounds the problem that different parts of the population have different consumption patterns and thus face price changes which can differ significantly even from the broadest price index. This problem tends to be especially acute in EMEs, where a larger fraction of income is spent on items with volatile prices (such as food).”
In Short – comparing rates between countries is a waste of mouth energy given it has absolutely no basis in reality. For example cost of living in Hong Kong is significantly higher than the US: +54% for housing, +38% for auto’s, +30% for groceries, +40% for restaurants, +35% for clothing… etc. In fact – Housing in Hong Kong is now $7300 per square foot.
No inflation there!
The one commonality of the various country wide inflation trends reveals a spike upward after Carter, a severe downward trend during Reagan, and a relatively low constant thereafter. In fact, metric lines reveal a constant among most every global economy. Just in time for the Biden WH Handlers to recreate the worst level imaginable. All while claiming the best way out of inflation is to create severe unemployment…
Revlon declared bankruptcy today. They’ve been in business since 1932. Between March 2020 and March 2022 there have been 868,722. The numbers are actually much lower than a capitalist society would have suffered had taxpayers not been required to foot the bill through the Bankruptcy Relief Fund. And like other relief funds via covid, upwards of 10% to 60% was lost due to theft… Upwards of $490 billion of the $900 billion relief allocation was pilfered to purchase jets, swanky cars, vacations, and mansions… because government oversight is NONEXISTENT!
Or worse – it is all done purposefully to literally rob Americans in any possible manner!
Apparently this robbing and stealing wasn’t happening fast enough – or perhaps the Ukraine debacle botched agenda brought too much to the surface and major distractions had to be created to take the eyes away from Five Eyes.
Five Eyes was established in the 1950’s to spy on the Soviet Union – the alliance included: US, UK, Australia, Canada, and New Zealand. When European alliances found out about this ‘club’ they were pretty miffed they had been left out. But then Europe wasn’t the go-to ally we pretend it has always been. And if they were a part of the alliance they couldn’t be spied upon – as they were. Ultimately, 5 Eyes created Nine Eyes, and again to placate the miffers – 14 Eyes. Can’t have Miffers! But it does give a better view of who is running the global cult. If they really believe they are privy to all intelligence information parlayed via the Five – I have a Bridge in Hobunken China I can sell…
They do exactly what they are told.
When The Economist says the vax mandate pandemic rules will end in February 2022 – they do. When The Economist says the US & UK will give Ukraine their entire inventory of weapons – the governments obey. Notice Germany and France… not so much. They are outsiders.
When The Economist states that inflation in the US will reach a global record – it will. They are NOT a crystal ball predictor, they are the manufacturer of reality. And the Federal Reserve? They are at the beck and call of BIS. The founders of BIS include a British Banker who was Nazi aligned and a sworn member of the UK Privy Council and a Nazi ‘freemason’.
The Privy Council is – The QUEEN. They are the shadow government that rules England. Hillary claims to be of British royal lineage and was thus slated to rule the United States in compliance with the British Privy.
A HUGE Failure.
And one that required revenge. WE are the product of that revenge!