WHY IS THIS EXPENSIVE ⁉️ EXPLANATION:
1 ️⃣ government social programs and an increase in the minimum wage have a small or even negligible impact on inflation.
2 ️⃣ printing money by the national bank has a greater impact on inflation, but still small.
💥 WHO IS THE MOST RESPONSIBLE FOR INFLATION AND EXPENSIVENESS?
3 ️⃣ Mostly private banks do it every time they grant credits and loans. The bank, in order to give you a loan, cannot withdraw money because it does not have any. It has to create artificial money (out of thin air), because it can, and you have to give it back from the money generated in the real economy.
4 ️⃣ Did you know that the price of potatoes depends not on how many we collect in a given year ... but on the valuation of financial instruments for potatoes and the agricultural industry in general on the Wall Street or Amsterdam stock exchanges?
Investors, small and large, buy shares of various companies or various financial-like (speculative) instruments with the intention of getting rich. So prices necessarily have to rise constantly, and when the speculative bubble bursts, they must fall temporarily. Further increases follow.
Stock exchanges are a very toxic, neoliberal mechanism that allows a few investment consortia to siphon money and resources from around the globe (read about the real owners of planet Earth - BlackRock and Vanguard).
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