The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.
45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of… Going from $50k to $600k in my portfolio is surreal all thanks to insights from my financial advisor.
Your adviser must be really good, I hope it's okay to inquire if you're still collaborating with the same adviser and how I can get in touch with them?
She goes by ‘Carol Vivian Constable’’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.
I think I could really use more guidance to navigate the market, it is completely overwhelming, I've liquidated most of my assets and I could really use some advice on what best to invest into.
Your best option if you are unfamiliar with the markets is to seek advice or help from a consultant or investing coach. I know it sounds simple or generic, but talking to a consultant helped me stay afloat in the market and increase my portfolio to roughly 65% since January. For me, it's the best method to enter the market right now.
Finding financial advisors like Margaret Johnson Arndt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
my parents work in westminster (i like to think that we are quite wealthy).... they said that they dont care about the average person on the the UK street. They cant make everyone happy so the only people we need to care is the people that make us happy and money. After working (almost 20years) in westminster my family is going to move to Australia beginning of 2024 after making a bit of money (~£3mil) in the UK. We do have a holiday home in Gran Canaria for holidaying in the EU in forseeable future.
Prices will never drop! They're making too much money and they know people will pay whatever price they set, so they've got us over a barrel. Meanwhile, the rich get richer. I love living in a fair society 🙄
Negative inflation leads to layoffs. We should look for PPI and CPI to essentially match. Essentially, stop price gouging. But there are still external pressures.
No- that is happening in China too a bad extent, but it owould incentivise people to not buy anything until prices drop lower in the future, stalling the economy- prices will continue to increase just at a lower rate and wages are rising too.
You did not mention that the Government Price Guarantee only offsets the inflation of the energy price increases to the future years. The inflation is fundamentally still in the pipeline
They've been telling us public wage increases will not help inflation, which most economists disagree with yet when private company pay increases were mentioned he brushed this off. What a bunch of two faced liars.
If there's no change in cost of shopping, that's good news. Inflation means prices will keep rising. If you expect prices to drop because inflation is lower, that's not gonna happen. Lower inflation means lower increasing rate for prices. Prices will increase forever, that's how economy works, but it needs to be a slow increase, so it doesn't mess up the economy.
Investors should be cautious about their exposure and new purchases, especially during periods of high inflation. In current recession, such large yields are only achievable with the guidance of a qualified or reliable advisor.
There is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me an opportunity to kick start my financial status, people avoid hard times, I embrace them.
This is fantastic! As a beginner, it might be difficult to keep up with everything, and staying informed is a significant reason. How do you handle this? Are you a professional investor?
@@AlfredR92 No, I was still a newbie when I achieved my appropriate ROI; I basically had great advice from an expert on asset allocation and portfolio diversification.
@@AlfredR92 I'm in contact with "Andrew Glenn Adams" as my advisor. You can utilize another method; his plan has worked for me, so my outcome stands. He offers points of entrance and exit for the securities I pay attention to.
@JoelJoel321 nope, if a taxi driver is carrying passengers then he is not required to wear a seat belt due to the possibility of getting attacked and the seat belt limiting his chances of a fast escape.
Inflation is not down, this is akin to saying we’ve stopped accelerating whilst driving along the motorway and are holding a steady 70MPH so it’s just fine to open the door and step out.
The food been getting smaller even in tins, yet same price, my bog roll has shrunk in size, choc bars, how much more if this continues it will fit in the mouse holes.
What is the title of this video!? It implies that a falling rate of inflation reduces prices. You know this is not the case…. Falling inflation means prices are rising at a slower rate. Things are still getting more expensive. Stop misleading your audience with flawed logic like this they deserve better.
There already is a recession. It's the "not-recession recession". Most of us are seeing real cost of living problems just the same as we would see in a recession.
@@gordoncharles741 Predictions that are constantly proved wrong don't count. Also, that's a lie- the US and Eurozone where/ are in recession. We avoided it and had the fastest growth in the G7. Are you OK?
@Pg Every country has had a deficit in Gov spending- whilst we had growth, others had recession and even negative deflation. We don't have 'austerity' either as we have massive spending and investment increases too. You really are so far behind- learn to spell too, chump.
@@rjkmusicmediaHouse of Commons Library (6 days ago): "(GDP growth over the course of 2022 in the UK was essentially flat.) The UK had the largest decline in GDP among the G7 in 2020 (-11.0%) the first year of the pandemic and its relatively strong performances in 2021 (+7.6%) and 2022 (+4.1%) were largely a recovery from the weakness in 2020 and early 2021." It doesn't matter if we are in recession, we are flatlining (and with a population growth of 1,200,000+ in the last two years) while the rest of the world's economies are growing again. Are you OK?
Inflation has NOT fallen. Only the RATE of inflation has fallen. It’s still a positive value meaning prices are still going up. As the graph shows, prices are nearly 7% up
John Glenn refused to answer why core inflation is still high. I will answer that, because he refused. All inflation is linked to the rise in fuel and energy costs.
You’re hearing about the biggest transfer of wealth ever and you’re worried about whether someone’s wearing a seatbelt? Absolute walnut, sort yourself out.
Inflation has gone up by almost 7% and it went up 10% last year so that is a total of 17% Inflation is going up not down! It has in no way come DOWN at all!!!! 😡
No you can't add it up that way. The inflation rate reported is the annual rate, so if it's 10% now and 7% next month, it's still 7%. Having said that, it's the rate /speed of price rises, so prices are still going up, just more slowly, but also compounding the cost of goods and services over the year
@@Arya-cf7vu if you want to believe that things are getting cheaper then it's still almost a free country so believe what you wish 🤞 Some people still believe that Donald Trump is the victim of a witch hunt 🧙♂️
then most items won't be supplied to the stores as it would not be cost effective, hence shortages, hence inflation even higher. my sector had seen a near deflation first half of month as buildings were not being built but since May thy have been.
Honestly dont know how they measure inflation. Because if you go shopping food prices haven't increased more than 6% they've almost double. Petrol in my area and where i work has risen this month. Energy bills price have not fallen, they're the same and they haven't gone up by 6%. I keep hearing this 6% figure but haven't brought anything that has only just gone up by 6%
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $80,000 savings vanish after putting in so much effort to accumulate them.
Retaining a portion of your holdings in gold is often a prudent choice. It might be advantageous to temporarily steer clear of equities, or alternatively, it could be even wiser to consult with an expert considering the current market conditions and the various risks associated with the present economy.
I stopped listening and taking financial advise from these RUclipsrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice
That's truly remarkable! I would greatly appreciate if you could share some information about your financial advisor. I'm also interested in making positive changes to my finances this year, so any insights would be highly valuable to me.
My consultant is Gregory Thomas Patchak he has since provide entry and exit points on the securities I focus on. You can look him up online if you care for supervision.
Thanks for sharing, I just looked him up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly.
Not all inflation is equal. Food inflation a lot more and hits the poorest most, the richer population much, much less. Surprised C4 News doesn't pick this apart more.
We need deflation. As money has become worthless. Literally. I Trade my time and get less. Make my money worth something. Raise the interest rates until real estate and corporate greed brake. Make money worth or you loose the economy.
Kinda a shame channel 4 doesn't make more effort to show the lies.... we all know... but kain media still say "reasons to be happy" and all that. "Inflation is coming down" means its still rising....just slower. So why show the graph that goes up then down. Its NOT down. Its rising slower :/
@@tenniskinsella7768 Its not going down, its going up slightly less which is not something to be cheerful about. Thats why I find that proposition rather strange. Slightly less worrying would be a more accurate way of looking at it.
@@rjkmusicmediaWhat a terrible opinion. Productivity has been in decline since the Tories took over, lack of investment and keeping up with similar countries quality of life has made people largely indifferent to work. But carry on with your tech bro grindset chief.
@@jackmorris6967 Facts really trigger you, eh? Wages rising with no real productivity or output increases is adding to inflation- people feeling disenchanted with work isn't because of an elected government. You morons just keep looking more stupid though, yeah?
First of all here in the U.S we don’t get any of the comforts that workers in the UK get. What you see on TV isn’t what reality is. The U.S. Govt doesn’t care about their people. No vacations, no sick days, no family leave if you have an emergency or baby. You can either work like a slave and keep a roof over your head or you can go live on the streets or under a bridge. We don’t have a choice but to work hard in extreme conditions for mediocre pay. It’s not like we get up and are excited to go to work it’s that our children are hungry. We have government assistance but you have to be homeless to get anything and it’s not enough to get a roof over your head so no one have the government bennifits except for the rich business owners who hide their money and claim they don’t make any because the taxes are different for them than workers we can’t hide our money because the employers report our wages where they get the option to report what ever income they want to the IRS. Trust me it sucks here also
State promises to make things better > Things get worse > State promises to make things better > Things get worse > State promises to make things better > Things get worse > State promises to make things better > Things get worse > State promises to make things better > Things get worse > State promises to make things better > Things get worse > Keep voting guys! The State just needs more of our money!
How are we still trying to blame wages? When prices spiral, wages need to go up to keep pace with the increases. Why is it almost taboo to lay the blame at the foot of the greedy corporations? The IMF themselves even pointed out that corporate profits are a leading cause of inflation, and that wages were a minor cause, comparatively
Jut because inflation is decreasing does not mean that food prices or house prices must go down. There are many economic drivers behind these prices, not just inflation.
Rickies words are as useful as those he gave whilst backing Brexit. We can all see that was all lies too. At that point, people thought he knew what he was talking about, now we know he does not.
Interest rate rises are being applied to mortgages and loans with immediate effect, yet there has been zero increase to the interest rates on personal savings accounts. System continues to punish those who can least afford it and further the elimination of a middle class.
It's funny, but fuel prices are on the rise again... Booze is more expensive due to a 10% duty rise that is now in force... Wetherspoons free refill coffee has just gone up... Accomodation costs... up! Everything I look at.... UP! I love to read - and often get my books from the local charity shops... I used to get them for a pound.... Now it's two pounds (that's double: a 100% rise) So don't tell me inflation is going down... Not for me, it isn't.
Living within their budgets?! Oh, you poor government, you! The point is that we have to try to live within budgets that are nigh on impossible, whilst you do nothing but fanny about. Meanwhile food prices keep going up...
So you're getting whacked slightly less with core inflation while you're getting spanked with service inflation. That's bad enough, but the BOE is totally killing you with the interest rate. The only way to survive is to become a selfish rich tory. Personally, I'd rather die than do that
Just to let you all know, I am an American living in Phoenix, Arizona. I suspect the reason our inflation rate is lower is because our economy is based on Capitalism and not Socialism? I know our economy is larger than Great Britain and maybe that has something to do with it as well. I don't know. Also, I have a question about your mortgage rates. Does Great Britain not have Fixed Mortgages? Here in America, when you purchase a home, you can lock in your interest rate, whatever the rate is at the time of purchase, for the life of your mortgage. For instance, my fixed rate is 2.3 percent. Current interest rates are between 5 and 6 percent, but I am locked in at 2.3 percent. I hear these horror stories about GB homeowners facing rising mortgage rates and losing their homes, etc. Can anyone else plain your system to me? Thank you. BTW, prices are high here too and we are all managing as best we can. Our economy is not ideal.
Well, I wouldn’t qualify U.K. or EU economies as “socialist” even though for sure they have a much stronger social safety net than US. In U.K. mortgage rates are not fixed for the duration of the mortgage (unlike in other EU countries who have same practice as US)
Assalamu Alaikami am Alexandra Lloyd converted to Islam in 2016, and i was raised in a Christian household, the misconceptions that many people have about the Islam. Islam is not a violent or oppressive faith, and that it is a religion of peace, tolerance, and understanding. i encourages to pepole learn more about the Islam and to reach out to those in the Muslim community if they have questions.
This sounds like the US, our inflation has lowered, but when we go to purchase food at the market, you still have to pay more, with the small amount of money that you have, although our pay wages have increased, but so have the cost of everything. Our housing costs are so expensive, they are a joke. Making $40,000 as a starting salary will get you into an area that you don't want to live in. Our basic rent is $2000, there are some exceptions, of course. Ms. B. Churchill (USA))
"inflation falls again but prices still high" Someone at Channel 4 doesn't understand how inflation works. Only if inflation becomes negative will prices go down. Otherwise the high prices are here to stay.
The measure of inflation the government uses doesn’t include housing costs. So with the massive increases in mortgages and rents, most of which haven’t even hit yet, working people’s cost of living is only going to keep going up
We need to trust our prime minister he has been doing a good job ,I truly believe that the UK is on the right path , Sunak will make Britain great again I have no doubt about it !
If inflation goes down that means the speed of the rise of prices of goods slows down. However, wages are going up. This good for rich but not for everybody else. Well that’s what the people voted for. Shame!☹️
It simply won't get passed on to the consumer, the goverment has shown it's happy to prioritise the profits of companies over the needs of the people. Wholesale gas has plummeted down to pre-covid rates, yet our energy bills are still through the roof. The companies will continue to thrive while we struggle to survive.
yes my man, someone is going down a no entry but you are driving without your hands on the steering wheel at all times and no seat belt...what happened?
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.
45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of… Going from $50k to $600k in my portfolio is surreal all thanks to insights from my financial advisor.
Your adviser must be really good, I hope it's okay to inquire if you're still collaborating with the same adviser and how I can get in touch with them?
She goes by ‘Carol Vivian Constable’’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.
maybe people need to get off benefits and get jobs
I think I could really use more guidance to navigate the market, it is completely overwhelming, I've liquidated most of my assets and I could really use some advice on what best to invest into.
Your best option if you are unfamiliar with the markets is to seek advice or help from a consultant or investing coach. I know it sounds simple or generic, but talking to a consultant helped me stay afloat in the market and increase my portfolio to roughly 65% since January. For me, it's the best method to enter the market right now.
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
Finding financial advisors like Margaret Johnson Arndt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
A decrease in inflation only means getting screwed slower. Prices are still going up.
You want some inflation rather than deflation because people would hold off on buying things for far too long.
my parents work in westminster (i like to think that we are quite wealthy).... they said that they dont care about the average person on the the UK street. They cant make everyone happy so the only people we need to care is the people that make us happy and money. After working (almost 20years) in westminster my family is going to move to Australia beginning of 2024 after making a bit of money (~£3mil) in the UK. We do have a holiday home in Gran Canaria for holidaying in the EU in forseeable future.
@@ghosthdel3098 I thought your sister works in a call centre? She must be angry with your parents
@@MarenqoI so that also, he is just a lonely liar seeking internet attention. Pathetic!🤧
Remind me - Which tribe is responsible for printing fake money out of thin air then charging high interest on it? 🤔🤔🤔
Prices will never drop! They're making too much money and they know people will pay whatever price they set, so they've got us over a barrel. Meanwhile, the rich get richer. I love living in a fair society 🙄
Wrong they have gone down. Try marks value range
@@tenniskinsella7768Really? Prices have gone up considerably in M&s
@@ArchieDDDD 😆. There prices have gone up too! When they reduce items its only 50% as opposed to 75% off
damage is already done, inflation needs to go NEGATIVE for any relief to be had, scam artists and grifters
China would have a different view…
Negative inflation leads to layoffs. We should look for PPI and CPI to essentially match. Essentially, stop price gouging. But there are still external pressures.
No- that is happening in China too a bad extent, but it owould incentivise people to not buy anything until prices drop lower in the future, stalling the economy- prices will continue to increase just at a lower rate and wages are rising too.
You did not mention that the Government Price Guarantee only offsets the inflation of the energy price increases to the future years. The inflation is fundamentally still in the pipeline
"This person's going down a no entry" after driving with no hands on the wheel. 😂
And not wearing the shoulder safety belt...
They've been telling us public wage increases will not help inflation, which most economists disagree with yet when private company pay increases were mentioned he brushed this off. What a bunch of two faced liars.
yup. they voted to allow bankers bonuses to get higher, slash the tax banks pay to 2%! then tell us we need to give the banks loads to help inflation
ridiculous
Just the start, we have yet to see the full impacts of price rises across the board that will never come back down.
Yep. The pain hasn't even started yet.
No change in my shopping at ASDA today.
This isn't about any change in shopping. This is about how much it costs. Silly billy
@@nothereandthereanywherethat's what he was referring to.....no change in the cost of his shopping.....oh dear 😅
If there's no change in cost of shopping, that's good news. Inflation means prices will keep rising. If you expect prices to drop because inflation is lower, that's not gonna happen. Lower inflation means lower increasing rate for prices. Prices will increase forever, that's how economy works, but it needs to be a slow increase, so it doesn't mess up the economy.
@@marxk4rlIf prices increase forever, the system is broken and cannot work long term.
Investors should be cautious about their exposure and new purchases, especially during periods of high inflation. In current recession, such large yields are only achievable with the guidance of a qualified or reliable advisor.
There is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me an opportunity to kick start my financial status, people avoid hard times, I embrace them.
This is fantastic! As a beginner, it might be difficult to keep up with everything, and staying informed is a significant reason. How do you handle this? Are you a professional investor?
@@AlfredR92 No, I was still a newbie when I achieved my appropriate ROI; I basically had great advice from an expert on asset allocation and portfolio diversification.
@@Carole974
I've been looking for advisors recently because the market news hasn't been very positive. Who is the one who guides you?
@@AlfredR92 I'm in contact with "Andrew Glenn Adams" as my advisor. You can utilize another method; his plan has worked for me, so my outcome stands. He offers points of entrance and exit for the securities I pay attention to.
Taxi driver is not wearing a seatbelt, very naughty 😈 and then he complains about someone going down a no entry 😂
A licensed taxi driver who is ‘plying for hire’ or carrying passengers does not need to wear a seat belt.
@@cdean2789That is such a mental law but presume due to intense lobbying when seatbelt laws were introduced.
@JoelJoel321 nope, if a taxi driver is carrying passengers then he is not required to wear a seat belt due to the possibility of getting attacked and the seat belt limiting his chances of a fast escape.
Of course elite sucking the life out of us first 😂
Inflation is not down, this is akin to saying we’ve stopped accelerating whilst driving along the motorway and are holding a steady 70MPH so it’s just fine to open the door and step out.
Petrol still way too expensive, same with food, nothing has changed here in Leeds.
Prices keep rising. It is still getting worse.
The food been getting smaller even in tins, yet same price, my bog roll has shrunk in size, choc bars, how much more if this continues it will fit in the mouse holes.
Who the hells wages are going up?!? Not the lower masses, just the Tories and the richest peoples
Try doing the same thing we have for 80 years and vote for more Government.
It is just the rate of INCREASE that slows down. Prices are not going down.
I haven't seen inflation decrease. I see basic stuff in supermarket rise. An average UK resident still is struggling to manage bills and grocery.
What is the title of this video!?
It implies that a falling rate of inflation reduces prices. You know this is not the case…. Falling inflation means prices are rising at a slower rate. Things are still getting more expensive.
Stop misleading your audience with flawed logic like this they deserve better.
There already is a recession. It's the "not-recession recession". Most of us are seeing real cost of living problems just the same as we would see in a recession.
We are not in a recession in any way- The US was and Germany is now.
You guys just have no idea, do you?
@@rjkmusicmedia You are the 'clueless one'. We have the worst performance of any of the G7 countries by far.
@@gordoncharles741 Predictions that are constantly proved wrong don't count. Also, that's a lie- the US and Eurozone where/ are in recession. We avoided it and had the fastest growth in the G7.
Are you OK?
@Pg Every country has had a deficit in Gov spending- whilst we had growth, others had recession and even negative deflation.
We don't have 'austerity' either as we have massive spending and investment increases too.
You really are so far behind- learn to spell too, chump.
@@rjkmusicmediaHouse of Commons Library (6 days ago): "(GDP growth over the course of 2022 in the UK was essentially flat.) The UK had the largest decline in GDP among the G7 in 2020 (-11.0%) the first year of the pandemic and its relatively strong performances in 2021 (+7.6%) and 2022 (+4.1%) were largely a recovery from the weakness in 2020 and early 2021." It doesn't matter if we are in recession, we are flatlining (and with a population growth of 1,200,000+ in the last two years) while the rest of the world's economies are growing again. Are you OK?
0:47 the irony of him calling out someone going down a no entry whilst he isn't wearing a seat belt! Lool
taxi drivers are not legally obliged to use seatbelts, google it.
Taxi drivers are exempt.
It was Never about inflation or the war in Ukraine
It was about greed and price gouging
We need deflation not a lowering of inflation
Agreed.
Inflation has NOT fallen.
Only the RATE of inflation has fallen. It’s still a positive value meaning prices are still going up.
As the graph shows, prices are nearly 7% up
So if you’re driving taxis in Birmingham, don’t need to wear seatbelts? 😂
No
Birmingham has asian traffic rules😅
A licensed taxi driver who is ‘plying for hire’ or carrying passengers does not need to wear a seat belt.
John Glenn refused to answer why core inflation is still high.
I will answer that, because he refused.
All inflation is linked to the rise in fuel and energy costs.
You’re hearing about the biggest transfer of wealth ever and you’re worried about whether someone’s wearing a seatbelt? Absolute walnut, sort yourself out.
Inflation has gone up by almost 7% and it went up 10% last year so that is a total of 17% Inflation is going up not down! It has in no way come DOWN at all!!!! 😡
I think you're confusing prices and inflation.
@@JoelJoel321 No the economy is 100% in the shite 🇬🇧 💩 and it's not doing any better this morning
No you can't add it up that way. The inflation rate reported is the annual rate, so if it's 10% now and 7% next month, it's still 7%. Having said that, it's the rate /speed of price rises, so prices are still going up, just more slowly, but also compounding the cost of goods and services over the year
@@Arya-cf7vu if you want to believe that things are getting cheaper then it's still almost a free country so believe what you wish 🤞 Some people still believe that Donald Trump is the victim of a witch hunt 🧙♂️
😂😂bro, that’s 10% of top of the 7%, you can’t just add them.
Inflation would have to fall by 17% for it to have an impact on the poorer classes.
then most items won't be supplied to the stores as it would not be cost effective, hence shortages, hence inflation even higher. my sector had seen a near deflation first half of month as buildings were not being built but since May thy have been.
*Prices
Let me correct the title ...
UK inflation falls again reducing the rate of prices RISING
Honestly dont know how they measure inflation. Because if you go shopping food prices haven't increased more than 6% they've almost double. Petrol in my area and where i work has risen this month. Energy bills price have not fallen, they're the same and they haven't gone up by 6%. I keep hearing this 6% figure but haven't brought anything that has only just gone up by 6%
Prices are still increasing, granted at a slower rate, but prices still rising and Andrew Bailey will raise interests again in September.
So you tell me you sent Ukraine billion pounds... so we suffer as we pay to Ukraine. I dont understand this bullshit.
*I used to talk to taxi drivers about the weather, now they are NASDAQ experts*
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment?
I cannot let my $80,000 savings vanish after putting in so much effort to accumulate them.
Retaining a portion of your holdings in gold is often a prudent choice. It might be advantageous to temporarily steer clear of equities, or alternatively, it could be even wiser to consult with an expert considering the current market conditions and the various risks associated with the present economy.
I stopped listening and taking financial advise from these RUclipsrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice
That's truly remarkable! I
would greatly appreciate if you could share some information about your financial advisor. I'm also interested in making positive changes to my finances this year, so any insights would be highly valuable to me.
My consultant is Gregory Thomas Patchak he has since provide entry and exit points on the securities I focus on. You can look him up online if you care for supervision.
Thanks for sharing, I just looked him up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly.
Not all inflation is equal. Food inflation a lot more and hits the poorest most, the richer population much, much less. Surprised C4 News doesn't pick this apart more.
also wage increases are mainly due to the rich getting richer. the people at the bottom arent earning much more.
@@kanedNunablethe rich need a good kicking and taken down a peg or too
If a Tory says they are going to cut something to my benefit I assume they will do the exact opposite 🤷♂️
We need deflation. As money has become worthless. Literally. I Trade my time and get less. Make my money worth something. Raise the interest rates until real estate and corporate greed brake. Make money worth or you loose the economy.
Reduction of Inflation does not necessarily bring down any price.
Kinda a shame channel 4 doesn't make more effort to show the lies.... we all know... but kain media still say "reasons to be happy" and all that. "Inflation is coming down" means its still rising....just slower. So why show the graph that goes up then down. Its NOT down. Its rising slower :/
Tory regulatiors will be in of they do besides those at the top of c4 are dining out with them at weekends
"Inflation at 6.8%. Reason to be cheerful?" Wut??
Going down that's the point
@@tenniskinsella7768 Its not going down, its going up slightly less which is not something to be cheerful about. Thats why I find that proposition rather strange. Slightly less worrying would be a more accurate way of looking at it.
Falling inflation does not mean that prices come down... it only means they don't go up as fast. Basics.
Inflation may be falling but i'm still losing 14% buying power every time I go shopping for food/Fuel.
All wages need to be hard linked to gdp variance.
Anything else is exploitation.
No- you have to earn your wage and increase productivity.
@@rjkmusicmediaWhat a terrible opinion. Productivity has been in decline since the Tories took over, lack of investment and keeping up with similar countries quality of life has made people largely indifferent to work. But carry on with your tech bro grindset chief.
@@jackmorris6967 Facts really trigger you, eh?
Wages rising with no real productivity or output increases is adding to inflation- people feeling disenchanted with work isn't because of an elected government.
You morons just keep looking more stupid though, yeah?
@jackmorris6967 I'm sure he was just being sarcastic for comedic effect. No one could actually be that much of a boot sucking imbecile.
Need to start going after the bosses of supermarkets & water companies (amongst others)
Uhhh, how about the people running the country instead of your neighbor you lunatic.
First of all here in the U.S we don’t get any of the comforts that workers in the UK get. What you see on TV isn’t what reality is. The U.S. Govt doesn’t care about their people. No vacations, no sick days, no family leave if you have an emergency or baby. You can either work like a slave and keep a roof over your head or you can go live on the streets or under a bridge. We don’t have a choice but to work hard in extreme conditions for mediocre pay. It’s not like we get up and are excited to go to work it’s that our children are hungry. We have government assistance but you have to be homeless to get anything and it’s not enough to get a roof over your head so no one have the government bennifits except for the rich business owners who hide their money and claim they don’t make any because the taxes are different for them than workers we can’t hide our money because the employers report our wages where they get the option to report what ever income they want to the IRS. Trust me it sucks here also
Misleading title again. Phrase it differently otherwise people are going to wonder why prices are still rising.
All down to greed
State promises to make things better > Things get worse > State promises to make things better > Things get worse > State promises to make things better > Things get worse > State promises to make things better > Things get worse > State promises to make things better > Things get worse > State promises to make things better > Things get worse >
Keep voting guys! The State just needs more of our money!
One word...'PROFITERING'...at the top of the food chain.
GREEDFLATION that’s why!!
How are we still trying to blame wages?
When prices spiral, wages need to go up to keep pace with the increases.
Why is it almost taboo to lay the blame at the foot of the greedy corporations? The IMF themselves even pointed out that corporate profits are a leading cause of inflation, and that wages were a minor cause, comparatively
Amazing! What a reprieve that prices are sky-rocketing slightly less insanely fast!
12:20 US also has higher interest rates & inflation has slighty increased recently
How can you not include the food?
Slowing inflation doesn't mean anything. DE-flation or wage increases are the only way out.
Jut because inflation is decreasing does not mean that food prices or house prices must go down. There are many economic drivers behind these prices, not just inflation.
Rickies words are as useful as those he gave whilst backing Brexit. We can all see that was all lies too. At that point, people thought he knew what he was talking about, now we know he does not.
Reason to be "cheerful?" Really!?!??
Haha yes. Didn't you hear - inflation is all In your mind
Interest rate rises are being applied to mortgages and loans with immediate effect, yet there has been zero increase to the interest rates on personal savings accounts.
System continues to punish those who can least afford it and further the elimination of a middle class.
Nothing to smile about. Inflation is down, that does not jean prices are down. It means prices are going up slower. But, still going up.
inflation falls? explain where? because i don't see it.
Honestly mostly energy prices.
@@Jonpoo1 wholesale, our consumer prices are going up again.
It's funny, but fuel prices are on the rise again...
Booze is more expensive due to a 10% duty rise that is now in force...
Wetherspoons free refill coffee has just gone up...
Accomodation costs... up!
Everything I look at.... UP!
I love to read - and often get my books from the local charity shops... I used to get them for a pound.... Now it's two pounds (that's double: a 100% rise)
So don't tell me inflation is going down... Not for me, it isn't.
"Inflation falls again but prices still high". No 💩. 🤣
Are taxi drivers exempt from wearing seat belts?
Yes
As are passengers. They also have a child seat exemption. All assuming a Hackney carriage licence.
They are exempt in my country so they can't be choked by a passenger.
@@larsbjrnson3101 is that the actual reason or a myth? Bus drivers are also exempt I think.
haha, you could tell he wanted to f and blind but knew he was on telly!
@@Grandude77 No it's a fact. I was a military police and we had the same exempt of the same reason.
Living within their budgets?! Oh, you poor government, you! The point is that we have to try to live within budgets that are nigh on impossible, whilst you do nothing but fanny about. Meanwhile food prices keep going up...
So you're getting whacked slightly less with core inflation while you're getting spanked with service inflation. That's bad enough, but the BOE is totally killing you with the interest rate. The only way to survive is to become a selfish rich tory. Personally, I'd rather die than do that
The prices are sky high for food ☹️
Cut VAT on food! then inflation will truly come down.
Good idea, apart from the fact that there’s no VAT on food
No vat on food in supermarkets shops only on food in restaurants font think that includes take aways
Fancy thinking there's vat on food
Just to let you all know, I am an American living in Phoenix, Arizona. I suspect the reason our inflation rate is lower is because our economy is based on Capitalism and not Socialism? I know our economy is larger than Great Britain and maybe that has something to do with it as well. I don't know. Also, I have a question about your mortgage rates. Does Great Britain not have Fixed Mortgages? Here in America, when you purchase a home, you can lock in your interest rate, whatever the rate is at the time of purchase, for the life of your mortgage. For instance, my fixed rate is 2.3 percent. Current interest rates are between 5 and 6 percent, but I am locked in at 2.3 percent. I hear these horror stories about GB homeowners facing rising mortgage rates and losing their homes, etc. Can anyone else plain your system to me? Thank you. BTW, prices are high here too and we are all managing as best we can. Our economy is not ideal.
Well, I wouldn’t qualify U.K. or EU economies as “socialist” even though for sure they have a much stronger social safety net than US.
In U.K. mortgage rates are not fixed for the duration of the mortgage (unlike in other EU countries who have same practice as US)
Why do you think the UK is socialist? Its heavily capitalist, and its killing us.
Typical crass, ignorant Fox News viewer
Wages do not drive inflation that is profits, look at Spain and how they have dealt with inflation.
She weren't wrong.
Some stuff has become cheaper.
Some foods, but foe me the most notably my gas went from £118 per month to £50.
Was at £183 for some months last year.
Whose wages are increasing 🤦♀️ where do they collect their data from?
“Nobody can escape inflation” - errr apart from the folks who own assets who can just pass the cost onto the lowest rungs of society.
Building more flats and houses this would solve the problem.
A licensed taxi driver who is ‘plying for hire’ or carrying passengers does not need to wear a seat belt..
Raise the interest rates way above inflation. Saving must payout. It has not in the last 50 years.
Petrol prices are zooming up again bills up. Don't P down my back and tell me its raining!
Can we just all agree on one thing, just one little thing. Tories are bad. That's it, just that. Our lives would be so much better..
Can you state, confidently, how Labour would be any better? I'd love to hear your thoughts and foresight.
Our lives would be so much better without such idiotic comments.
@@laika3916 What's the tory plan?
Core inflation hasn't moved. A general fall in inflation isn't going to help the economy until the core CPI and CPI-adjacent inflation falls.
We are getting mugged off... by your supermarkets and just about every supplier
By B fucking P too , petrol has gone back up to £1.52 a litre at my station in rotherham a joke
Assalamu Alaikami am Alexandra Lloyd converted to Islam in 2016, and i was raised in a Christian household,
the misconceptions that many people have about the Islam. Islam is not a violent or oppressive faith, and that it is a religion of peace, tolerance, and understanding. i encourages to pepole learn more about the Islam and to reach out to those in the Muslim community if they have questions.
This sounds like the US, our inflation has lowered, but when we go to purchase food at the market, you still have to pay more, with the small amount of money that you have, although our pay wages have increased, but so have the cost of everything.
Our housing costs are so expensive, they are a joke. Making $40,000 as a starting salary will get you into an area that you don't want to live in. Our basic rent is $2000, there are some exceptions, of course.
Ms. B. Churchill (USA))
there's no need for poor economy
Taxi drivers in Birmingham are expensive unprofessional and dirty
Next story 👎🇬🇧
My life revolves around food and energy. Why have they taken it out of the equation?
"inflation falls again but prices still high" Someone at Channel 4 doesn't understand how inflation works. Only if inflation becomes negative will prices go down. Otherwise the high prices are here to stay.
The measure of inflation the government uses doesn’t include housing costs. So with the massive increases in mortgages and rents, most of which haven’t even hit yet, working people’s cost of living is only going to keep going up
Just means prices have gone up by 6.8% and doesn’t mean anything has drop
We need to trust our prime minister he has been doing a good job ,I truly believe that the UK is on the right path , Sunak will make Britain great again I have no doubt about it !
If inflation goes down that means the speed of the rise of prices of goods slows down. However, wages are going up. This good for rich but not for everybody else. Well that’s what the people voted for. Shame!☹️
No seatbelt driver.. You are committing a crime on TV
A licensed taxi driver who is ‘plying for hire’ or carrying passengers does not need to wear a seat belt.
Uk already in recession which cannot be save. Everything is drama to keep normal. Youths become homeless soon
It simply won't get passed on to the consumer, the goverment has shown it's happy to prioritise the profits of companies over the needs of the people. Wholesale gas has plummeted down to pre-covid rates, yet our energy bills are still through the roof. The companies will continue to thrive while we struggle to survive.
yes my man, someone is going down a no entry but you are driving without your hands on the steering wheel at all times and no seat belt...what happened?
A licensed taxi driver who is ‘plying for hire’ or carrying passengers does not need to wear a seat belt.
Put your belt on.
Taxi driver not wearing his seat belt!
The taxi driver is taking a British job and feels no remorse only full of self pity 🤔
Why is he not wearing a seat belt🤔