Topic: Euro zone inflation hit a new record high of 5% in December (Read 356 times)

At the end of the day if you buy when it is going down, the worst case is that it could go even lower but you will wait and make a profit when it goes up, the best case it goes up right away. I do not see any problems with any sides and it is a win-win situation. Buy low and sell high, we should always remember that.

You already bought bitcoin and you have made a great decision with it, that is why there is absolutely no need for any of us to do anything extra, it is just a superbly interesting thing to watch some people who "get it" as in understand the market, whereas some do not know how it works. It is shocking to still see people who see price going down and selling and getting out, it is not really reasonable to expect something like that if you ask me.

I also don't see any other way that can save us! Inflation in my country is up even higher, the prices of basics are higher... everyone says it will hit the poorest, as always! We had problems before this crazy pandemic, but now the only thing I see is the mass confusion, and of course, in all that mess some billionaires are just getting richer!
Time to buy more Bitcoin, time to get some bag of some decentralized alts... I guess their time is coming because this system will explode, sooner or later!

We must understand that regular people have relinquished the control of their finances to governments and banks, so they trust that they will somehow solve the crisis that is coming and they avoid being affected by it, however if they had at least some historic memory they will know that there is an important economic crisis every decade, which shows that governments and banks not only will not protect them but will throw them under the bus when the time comes.

I guess you're right. I have bought already mine when bitcoin dipped at 40k and so far, I do love the growth that my bitcoin has taken when the market price has gone back up again, don't plan to sell mine anytime soon, just accumulate more so I can enjoy bigger profits when bitcoin starts going up towards the moon again.

Currently, the most talked-about issue is inflation. You know, Inflation in the Eurozone has risen sharply in the past months. If we talk about eurozone inflation then we should know from the beginning that the eurozone is a kind of association of nineteen European Union which is the common and the only currency used as a financial unit.

Inflation has pushed up the prices of fuel, alcohol, and cigarettes, as well as the prices of basic necessities, which have led to the suffering of the common man. According to a study, prices in the European Union rose by an average of 1.9 percent in June but rose to 2.1 percent in July. According to Eurostat, the current eurozone inflation rate is much higher than the target of 2 percent set by the central bank.

Again, Bullshit!!!!
1) Many times lower than LNG? You either don't know what many times means or you don't have a clue about the prices, as usual.
2) What rules were introduced?
3) When did they ask that?
4) Why is then Russia still selling gas to Europe?

The inflation around eurozone is found to be the highest since 1997. Based on different sources, on the top list of inflated countries Lithuania tops with 9.3% which is very big. Followed is Estonia with 8.3%, Belgium with 7.1% and Germany with 6%. Amongst Germany is facing its 29 years high inflation, though it has one of the best economies.

High energy price is mentioned as the reason for the inflation by majority of the countries. Being an automobile dominant country German seems to face the hard time. Around the eurozone protests have been breaking as a result of high inflation. Particularly people want to tackle the situation and for the new covid variant restrictions were made by the governments. This once again will ruin the economy. To lower down the inflation it won't happen in a short, expect the recovery after years.

It is very simple. Russia provides natural gas to the European Union at reasonable prices (the price of piped natural gas is many times lower than that of LNG). The Nord Stream 2 pipeline was planned many years ago and the necessary approvals were given at that time. But then the EU leaders decided to play politics. They introduced rules specifically targeting Gazprom, and many of the countries (such as Poland) imposed unfair fines on the company. Finally Russia decided that enough is enough and asked the Europeans to source their natural gas from elsewhere.

It doesn't "directly" impact it, but when you have fiat getting worthless, do you really think that house prices would stay the same? Right now %5 increase in inflation doesn't have to be 5% increase in housing prices, all of it depending on which nation, which town, which street and what condition and all of that of course.

However, the reality is that we are talking about something that is still possible in the future to price in together. Like there is a house with 100k value, it doesn't have to be 105k right away, but if it happens again then maybe it will go from 100k to 110k suddenly, because it will wait for a few more years. All in all if the prices keep getting higher and higher for everything else, then houses will definitely increase in value eventually.

The say 5 percent and we all know the inflation rate is much higher than this official 5 percent they said here we can recognize the inflation rate from the gas price we see and the food price for sure I think time after time we will see more inflation rate in the world the reason is clear and that's because of unlimited total money supply and printing worthless money paper every day without of any value that's the reason for many people to stop holding money and start investing on bitcoin, stocks, and gold.

These mutations are going to be endless and I think that's for sure. But hopefully, the last mutations would be not that strong anymore but it seems that they keep on upgrading from every variant that it becomes.

I doubt that these variants of concern are the signs of the beginning of the end. We're not yet there and that's for sure, one variant might end into a certain country but it would become a vital and concern to another country.

Bullllllllllllllllsshhhhhhhhhhhhhhhhiiit!!!
If the problem was Nordstream 2 why weren't there any problems last year or a decade ago when there was no Nord Stream at all? The problems are because Russia tries to impose its views on Ukraine and NATO and uses gas as a blackmail technique. So if there is anybody to blame is commie ass licking friends!


If Europe as a whole would't have stopped building nuclear reactors we wouldn't have this problem right now, but when Germany invest billions in solar panels for 3 hours of peak sun a day on average, this is what we got.
But yeah, with spring things will start to come back to normal, there is one major hop in February when usually there are a few cold waves but after that everything south of the Alps and Carpathians won't require heating at all and the rest will stop consuming around May. By that time gas can't go longer up and even oil, it can't push another 10% every quarter.

Poeple should understand that this is not month on month it's over a year, you won't see this spike again, there is simply no reason for it to happen.


Yeah, just as the -20C two days ago were definitely because of global warming.
This is because of the morons and their green politics who shut down coal powerplants and nuclear reactors only to find out that half of Europe is not really suitable for solar or wind and we only have one damn major river in the whole union for hydro.


Wait till Belchatow shuts down! 

Not really. It's more an effect of the policies that have been taken because of the supposed climate apocalypse. Not an effect of warming as such. And then there is something else that has nothing to do with warming but also influences energy prices: the closure of nuclear power plants. Germany is closing its own (as are many other countries), while China plans to open 150.

This must be an effect of global warming as a whole. Imagine having the energy prices rising possibly because of the lack of resources now, and the oil industry is the leader in the energy sector now depleting. To save themselves, they want more money so that when it finally becomes zero, they would still be rich AF. The bank and the economy have seen the highest rise in prices because of this pandemic and the surprises of what the world is becoming into.

Inflation doesn't necessarily translate to increase in housing prices, pretty sure that it's more on the goods and services. That's actually a pretty good deal in my opinion, compare that to my country that doesn't have a good wages and at the same time doesn't have a good loan system, I think that I would take that any other day.

I'm not worrying much about inflation because interest rates remain very low.
If you want to buy a house in France or Germany, it's still possible to get a 15-year loan below 2%.
This has to change!

This is not looking good for world economies.

Pretty much every single country is on the verge of a serious inflationary crisis and people are not panicking because they trust the government too much.

The current sell-off in fiat hedges like BTC make absolutely no sense for this reason. It is essentially the only safe haven other than precious metals that you should be parking your funds in.

That's quite concerning for the economy. The rates will eventually have to go up to stop the inflation and when they do go up, it will crash the stock markets everywhere in the world. The central banks are stuck between a rock and a hard place. The economy was shut down for a year in 2020 and the FED printed billions of dollars so people don't die of hunger. They didn't die of hunger in 2020 indeed but now lots of people will suffer from high inflation or recession soon. You just can't expect everything to go back to normal after shutting the economy for a year.

It was not too long that the Eurozone and nearby countries were discussing how negative inflation would be a terrible thing, resulting in stagnation like we saw in Japan in recent decades. Inflation can be accommodated but there is every possibility that it is transitionary as so many central banks like to call it. The world has been turned upside down through the pandemic of the last two years, we saw oil prices go negative - meaning producers were paying people to take it because there was no storage capacity left. We also saw factories and industry close down, then suddenly have to ramp up again a few months later with a whole heap of people with savings and wanting to spend. 5% would actually be a rather good thing if it was able to keep that low and shows that the Eurozone is rather privileged with that degree of stability.

One of the things we need to understand is that if governments are willing to recognize that the inflation is that high then the real inflation is even higher, so the situation is way worse than what they are admitting, so I do not think there is a chance the current inflation will come under control during the next years, and there is a significant risk that things become even worse as the pandemic is not going anywhere and it is still slowing down the economy.