Inflation on the rise again

Inflation rising

It is a common problem affecting the whole of the world!

The rate of inflation is expected to tick back up after months of slowing, in what could be a pivotal reading as the Bank of England considers whether to hike interest rates to the highest level since 2008 or pause them for the first time in 15 meetings.

It is really an massive problems in Russia, where the course of sanctions are bankrupting the Russian State.  But the inflation rate is seeping out into the rest of the world!

Economics only has one answer.  Make money more expensive!  Increase interest rates.  But the world has just given world economy is the biggest injection of cheap money over.

The introduction of the chest full payment system!  I am about to go off for my morning coffee, not paid four the cash for three months!  I used to work in IT, and I am very worried about the security of this digital currency.

I have just been sent my job andpin for my new VISA card.  Which aAll keep different!  Just another string of four digits remember.

Will the UK bank of England work.  Not evolve banks around the world are adopting higher interest rates.  The rush own inflation rate is eye popping.

Inflation rate in August 2023: (month over month, MOM) 0.28%

Inflation rate in August 2022, YTD: 10.39%

Inflation rate in 2022: 11.92%

Last 12 months inflation rate: (year over year, YOY)   5.13%

Last 60 months inflation rate (5 years): 38.53%

The sanctions are having an effect, just very slowly!  An inflation rate of 38 per cent over five years, is staggering.  That is 7% a year.

World economy is are tuned to have an inflation rate of around two per cent.

Basic Info. UK Inflation Rate is at 6.80%, compared to 7.90% last month and 10.10% last year. This is higher than the long term average of 2.80%.  The rush own an inflation rate is over term percent.  If the official figures are to be believed!

This inflation numbers are comparable with the Weiner Republic in Germany in the 1930s.

Which led to the rise of the Nazis.  And Putin is very scared by the rise of paramilitary outfits, Allied to arrive in politics!

Shows the UK he be scared of inflation?  The whole world is.  The aged to the money is over!  Rasher has the least popular president since two as if Stalin.  And the worst inflation rate since inter war Germany.