Personal View site logo
Make sure to join PV on Telegram or Facebook! Perfect to keep up with community on your smartphone.
Please, support PV!
It allows to keep PV going, with more focus towards AI, but keeping be one of the few truly independent places.
Capitalism: Inflation on valuable things
  • 218 Replies sorted by
  • image

    image

    sa17714.jpg
    800 x 576 - 88K
    sa17713.jpg
    800 x 578 - 106K
  • image

    sa17710.jpg
    627 x 464 - 62K
  • image

    sa17703.jpg
    795 x 616 - 78K
  • image

    sa17571.jpg
    800 x 443 - 45K
  • Brazil's annual inflation rate was 8.1 percent last month, well above the central bank's target range of 2.25-5.25 percent.

    All resource colonies are now paying for US/EU and Japan monetary injections. And note -despite on big surges in resource prices salaries in colonies never follow them. All the extra money usually remain in the metropolies banks.

  • Next chart looks dangerous for US economy

    image

    sa17443.jpg
    853 x 469 - 86K
  • Prices of used vehicles sold at auctions around the US in May spiked by 4.6% from April, by 26% year-to-date, and by 45% from April 2019, according to the Used Vehicle Value Index released today by Manheim, the largest auto auction operator in the US and a unit of Cox Automotive.

  • image

    image

    sa17408.jpg
    800 x 536 - 60K
    sa17409.jpg
    800 x 543 - 57K
  • image

    sa17393.jpg
    800 x 569 - 95K
  • According to Google Trends, searches for the word “inflation” hit the highest level since 2004 between May 9 and May 15. That’s as far back as the data goes.

  • Taiwanese PCB makers saw their combined first-quarter 2021 output value at their plants in Taiwan and China surge 26.7% on year to NT$173.4 billion (US$6.11 billion), a record high for the same quarter, according to statistics released by Taiwan Printed Circuit Association (TPCA).

  • image

    image

    sa17355.jpg
    800 x 549 - 44K
    sa17356.jpg
    800 x 566 - 60K
  • Dell and HP, among the leading players in the global personal computer market, warn that laptop shortages may emerge in the coming months.

    The expected shortage in the global PC market is due to difficulties in the production of computer components, in particular, processors. HP says that the supply of computers and printers will be limited until at least the end of this year.

    Dell, in turn, notes that the observed picture will lead to higher prices for computers. The company warns that it may simply not be able to meet all orders for laptop shipments.

  • New Cars

    image

    sa17352.jpg
    539 x 417 - 37K
  • image

    sa17331.jpg
    800 x 378 - 71K
  • Prices for copper foil, accounting for the largest proportion of PCB production costs, have been rising significantly along with the galloping copper prices on the London Stock Exchange and a rapid surge in battery demand for consumer and automotive applications,

  • In 1934, on the initiative of I.V. Stalin, it was decided to reduce retail prices by 35% compared to 1933. From 10/01/1935 prices for bread, flour, grain, pasta, cereals, rice, as well as for confectionery were reduced. In November, prices for meat were reduced by 35%.
    In 1937, prices for industrial consumer goods were reduced in the general trade network by 5-15%, in department stores - by 10-15%. In 1947 bread, flour and cereals fell in price by 10%. In 1948, Moskvich cars became more affordable by 10%. Motorcycles and bicycles have fallen in price by 20%.
    On March 1, 1950, a loaf of bread fell in price by 30%. Beef and pork prices fell 24%. Butter fell in price by 30%.
    After the war, gasoline became cheaper in the USSR on a regular basis. In 1951, the price per liter fell by 20%.

    Capitalists hate all this... With all their guts.

  • Soviet prices on electricity

    image

    sa17323.jpg
    547 x 431 - 36K
  • Some clear definitions:

    INFLATION - the excess issue of paper money under capitalism, causing their depreciation and used by the ruling classes to shift government spending on the working people and increase their exploitation.

    (c) Political dictionary edited by B.N. Ponomarev. Second edition. Moscow. State Publishing House. 1958

  • Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal fear of running out. The frenzy is pushing supply chains to the brink of seizing up. Shortages, transportation bottlenecks and price spikes are nearing the highest levels in recent memory, raising concern that a supercharged global economy will stoke inflation.

    Copper, iron ore and steel. Corn, coffee, wheat and soybeans. Lumber, semiconductors, plastic and cardboard for packaging. The world is seemingly low on all of it. “You name it, and we have a shortage on it,” Tom Linebarger, chairman and chief executive of engine and generator manufacturer Cummins Inc., said on a call this month. Clients are “trying to get everything they can because they see high demand,” Jennifer Rumsey, the Columbus, Indiana-based company’s president, said. “They think it’s going to extend into next year.”

    https://www.yahoo.com/now/world-economy-suddenly-running-low-040118644.html

  • In the first quarter, tea at auctions in India itself rose by 46%. In April - by another 40%.

  • The deficit of aluminum cans has been observed for the last three months by all producers of soft drinks, including large global companies. Suppliers of aluminum cans are primarily trying to ensure supply under contracts for the largest and most marginal brands - in particular, Coca-Cola and PepsiCo, but they also have problems with lack of packaging.

  • image

    sa17282.jpg
    800 x 472 - 56K
  • image

    sa17266.jpg
    599 x 419 - 30K