They Are Lying To You About UK Inflation
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- Опубликовано: 14 ноя 2023
- Inflation in the UK has dropped from 6.3% to 4.7% and Rishi Sunak, Jeremy Hunt and the UK Government are celebrating.
The problem is that UK inflation is far from over - there are multiple red flags in the data and the only reason it dropped is because of a decrease in the energy price cap.
The truth is - UK CPI is in a precarious state with a wage price spiral and the mortgage crisis set to make things worse in the coming months.
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Rapid blinking is a sign of lying but you can always tell when an MP is lying because they open their mouths 😂
He is destroying our collective lie. We know all of this --- everyone every party ==== its just a tea break on the roller coaster of misery
And when they smile 😊
The energy bill is nothing but a con. British gas, eon etc are nothing but brokers ripping people off, and they don't even supply you with energy, national grid supply you with energy and you are already paying for it through tax.
Time to cut out the middle men people.
Loose the fear
The rapid blinking thing isn't really true but the politicians bit is 😅
PAHAHAHAHAHA
I love it when someone tells us we're all fucked in an entertainingly sarcastic manner. Thanks Sasha!
Doing my best! 😂
@@SashaYanshin
I don't think you are.
Petrol has come down ~3.8% but you never mentioned that.
That's a cost reduction that people will feel with a week or so.
I think ‘we’re all f**ked’ would make a great title for a video.
@@lewis72 that won’t make much difference compared to energy, food and housing costs. Fuel savings are a drop in the ocean compared to those costs
@@harryhlloyd Credit where credits due, 'Sasha says we're all fucked'. Just so Sunak knows who saw this train wreck coming from a country mile away.
This government just gets worse , I’m 62 yrs old and I’ve never known such a shambles like this lot for over a decade , literally nothing comes to mind of any great things they have done in all that time.
I'm 66 and TOTALLY agree with
We didn't even vote for it
We gotta vote them out toxic Tories End of Story
Stop voting conservatives
The British government has been a shambles since "The post war consensus". The government (not Labour or Tories, they're both the exact same) is the reason why industry in this country fell apart, forced mergers sticking failing businesses on to healthy ones without removing any of the causes for the failing business' trouble (because it'd mean layoffs) being a big part of it.
By saying it is only in the last decade, you are showing you are brainwashed by the media into believing the two party lie.
The shambles is thinking they give an F about you
No different from when Morrisons put the price of my favourite sticky buns up from 95p to £1.40. Then again to £2.59. Then they reduced the price to £1.89 along with in-store posters boasting ‘Price cuts’. For one short period Waitrose was cheaper than Morrisons for the same sticky buns.
I noticed that M&S is almost cheaper than Sainsbury's now. The big supermarkets are taking advantage of the shitty situation and making it even worse. Nothing short of greedflation.
@@cryoraptora303tm2I agree100%
So the buns have doubled in price, but they are telling us they've been reduced by 70p ! They are a totally ripping us off & think we are too stupid to notice, it's infuriating.
It’s not about Price anymore, is it?
It’s more about do they have what I came in for or not ?
I concur.
The sticky bun situation is indeed parlous.
How am i not surprised that the data shows something completely different to the media.
Weird, right? Keeps happening over and over for some reason!
@SashaYanshin tell me about it, its why I search other sources. They are disingenuous about how they disseminate information.
British Brainwashing Corporation at their finest!
Meeja m8. You have to call it Meeeejjja ! Innnnit ? Not you m8, just saying.
also, do not forget, the tories changed how they measure inflation, making it seem lower than under labour/previous govs. its all about manipulating the data to fool people. they did the same with crime measuring (removing fraud) and with employment (counting many more as employed who werent previously).
"We know they are lying. They know they are lying. They know that we know they are lying. We know that they know that we know they are lying. And still they continue to lie." -Alexander Solzhenitsyn
True dear but you’re be surprised how many dense people believe everything their governments tell them
Because the controlled “ opposition” and the controlled media are all in on it too.
Solzhenitsyn doesn't believe in the holodomor myth. About the only thing he's got correct.
I knew about this quote before but it's been stuck in my head since watching hypernormalisation
The irony is that Solzhenitsyn lied too…
In February 2023, Chancellor Jeremy Hunt told Channel 4 that the target to halve inflation was based on Core Inflation, *NOT* CPI or CPIH. At the time, Core Inflation was at 6.2%. In October it was 5.7%, so by the Chancellor's own metric they are still a long way off meeting their target, and Rishi Sunak has nothing to boast about.
Upvote 🎯👌
I was just going to say, they always say inflation but then pick and choose which CPI, CPIH or Food inflation that makes them sound best
We won! We eliminated poverty! And all we had to do was was redefine the word poverty! What an achievement!
I do love how UK politicians solve problems, you just have to "announce" it. Voila, problems solved!
Just like medias reporting that UKR is winning, and voila, "UKR is winning every single day".
Wanna solve the HSR2 problems? UK politicians have simply to announce it, just say it loudly "HSR is now built, voila"....now keep repeating the same message in all medias, 24/7.
Easy peazy lemon squeezy.
This reminds me of gender identification, you just have to identify yourself as something different and voila. Talk about living in a twilight zone.
Elsewhere it's called "what a nutter". ...UK is officially a loony asylum
One of the best explanations. This guy is seriously good at painting a clear picture of the reality we are living in. It’s sad to see what has happened to the uk.
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This is a bot conversation do not fall for it
This is the most British way of saying we're utterly screwed. Never change, Sasha! You're becoming a national treasure.
🇷🇺
What do you mean he's going to become??? He already is 😂😂😂
@@pedrobarros2000-- we are all, always becoming - something!
Sasha is becoming more of a national treasure for UK.
Yeah but what the fuck can we do? I've seen about 15 videos about how fucked the UK is, do we move? Put all money in value stocks to avoid inflation?
@@pedrobarros2000 Is it not a reference to his distinctive foreign accent?
When people are being told one thing by the government, whilst they can see something completely different with their own eyes it rarely ends well for that government.
Sounds like covid
You're from Old London Town, I expect.
You're right too. Reality is disproving propaganda daily now.
At the beginning of COVID I struggled to spend the minimum £40 order for my Tesco delivery, now three and a half years on we don't eat as well, but struggle to keep the weekly spend under £60. Bringing inflation back down to 2% will not make my weekly food bill £40 again.
I genuinely almost fell of my chair when the BBC had the ONS report up on screen for the whole country to see and they still clapped like a bunch of hapless morons.
I'm blessed/cursed to understand forecasts and the ways data can be manipulated and see right through their brand of BS.
and if mortgages dont go down how does it help many? its mortgage increases that have screwed me.
@@kanedNunableshouldn’t get up to your neck in it in the first place 🙄
@@kanedNunable They say the interest rate may "feather" down. Corpo speak for the banks will keep the interest rates for mortgages up as long as possible.
They won't drop their own profits until they really need to.
@@kanedNunableif they went down, that would be deflation. Less inflation just means the price will go up less but the prices will go up. Always.
@@kanedNunablemugged ya self off
The real question is how can anyone do anything about the political body in this country? Because at the end of the day, until we get the clowns out (the whole lot) and replace the system, nothing is going to change because the rotating door of wealthy personality cultists will keep shoehorning in people who have zero interest in running the country to any end but their own.
We DESPERATELY need PR!
Mostly Agree, despite the sheer anger out in the country, including my personal circumstance those around me whi are in financial struggle or waiting on services. I think it will be evolutionary rather than revolutionary.
The first task of any alternative gov will be to prioritise the clear up operation both financial and public services wise. This will take a huge amount of time and effort just to get everything level again.
However despite the situation not everything in the UK is completely broken and ALL opposition parties from the right: Reform, Reclaim, UKIP to the centre and left of centre: Lib Dems, Greens SNP and Labour ARE proposing evolutionary yet significant system change.
So it is then down to us in my view to vote for this chaotic Gov or a Realistic opposition candidate at the next election.
@@adennis1109So whom do we vote for?
@homeless0alien Unfortuantley selection pressures/game theory works out such that politician are always going to be like this.
To give a simple example: Suppose two politicians are competing. One values his principles more than winning, the other values winning over his principles. The latter politician will always win. This is why we always see politicians with value principles poorly.
@@DillTheVill If you're a normal worker, Labour. Tories have been in power for too long. Labour may fix the NHS (on its kness). Just google Labour Manifesto and see if you like what they would do if in back in power.
They're lying to us about everything.
EVERYTHING 😉😈
This government doesn't understand the fact that it's what people experience daily that regains them their support, not a number changing on paper.
The worst part of recording inflation is that it's year on year, People don't understand it.
Yea its like compounding interest working against you.
Yeah for some reason people think they're paying 4% less overall than last year... Like no mate you're paying 4% more than last year on top of the 8% more than the year before that!!
If you are a pensioner who doesn't use schools, seldom drive, buy few clothes, already own a house or flat, hardly go out for entertainment, etc., but need to eat and heat, then your inflation figure is more like double digits.
@@Zerpentsa6598pensioners are the number one reason we are so screwed.
@@callumtyler686yeah I love inflation.
Have a 250k mortgage that gets less worth every year. As long as my employer is making sure my salary gets compensated with the inflation I'm happy as can be. (Which isn't the case just yet only 9% in 3 years right now, but hey next year new negotiations, we'll get the bastards to pay up. 😂
Thank god I don't have any savings.😂
Too bad inflation is getting less and less here in Europe right now.😢
It's staggering that politicians think the public actually believe their utter BS... 😮
unfortunately some do
never underestimate the power of UK propaganda, e.g. UK backing UKR Nutzism, and many in Britain started flying the UKR AzovNutzi flags everywhere.
UK public started pouring billions in support of UKR nutzism, heck the first thing Cameron did, when he was "re-instated" was to visit Elensky pledging UK:s support!!!
@@monipenny408just like the pipeline they were crying about! They said it was a disaster and economic warfare by Putin. Now it's been revealed that Ukr blew up the pipeline they don't even mention it.
It's almost irrelevant though unfortunately, as the Tory's and Labour are now just two cheeks of the same arse.
@@chimps4gimpsshame there ain't any tidy party's out there.
Love this guy telling it how it really is. Feel so sorry for our kids.
He's not really. He's confusing the level of inflation with the rate of inflation. Saying things today cost more than list time last year as his evidence shows he's not really very educated on what he's talking about.
Cutting the RATE of inflation is very different than dropping inflation overall.
I can remember, after my statistics tutor had introduced herself to the class, she simply said “there are lies, dam lies and statistics “
Damn.
I want my £1 chocolate bars and Haribos back.
Freddos man😢
Full size Curly Wurly
Long gone, you'll never see them again.
I can remember getting a Wham bar in the 90’s for 10p. They are now £1.65
“You will own nothing and you will be happy.”
I mean, they’ve been telling us what the plan is for years now.
Good luck trying to take my possessions off me! You'll have to kill me first😂😂😂😂
Wendy what is they said now your council tax is £500 a month? How are you gonna pay it.. They will find a way to take away whatever they can, sadly!
Rishi also predicted it would get dark earlier in November, the blokes a God
I genuinely mean it when I express my stress and concern regarding the market crash and high inflation, particularly in relation to my retirement. I have been experiencing losses for quite some time, and while some may argue that crises can present opportunities, I am feeling overwhelmed. However, I understand that investing is a long-term endeavor, and it is crucial to maintain focus on the bigger picture and the long run.
Considering that I am only three years away from retirement, it becomes challenging for me to solely concentrate on the long-term perspective. Despite having invested in reputable companies and having a significant amount of funds allocated, my profits have been stagnant. This situation raises the question: Does the current recession and unstable market offer any calculated risk opportunities for generating profits?
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Yeah the second wave of inflation is coming and in Sasha's words "we're fucked"
The CPI rises won't be as much of a problem as the Central Bank response to the rises.
Of course they’re lying about it. Prices of food (and pretty much everything else) is pretty much double. Doesn’t fall in line with ‘inflation’ - it’s ‘greedflation’
Food is on average 30% higher than it was in 2021
@@Alex-fm5keYou don't do the shopping then .
The UK like most countries effectively printed many billions during Covid dramatically faster than the years prior. Type "M1 Money supply Trading Economics" into Google and have a look at the Max graph, you can see the clear spike. Why so called economists in the mainstream media said it won't lead to high inflation was staggering to me, its basic high school level economics 101, and history says it absolutely will.
Not to mention that packet size/weight has shrunk. I noticed new sized Heinz beans at 600gm (Old weight 800gm full tin/400gm 1/2 tin) Some loaves of bread are now 700gm instead of 800gm. I even noticed where I work that the bags of shortbread that have just arrived with reduced packaging have gone from 8 pieces to 7 pieces yet are still the same price!
One word..... CON!
@@Alex-fm5ke"on average" when you include luxury stuff like bottles of champagne that no one can afford! The staples are between 50% to 150% higher!
Thank you for supplying an unbiased and thoughtful report on the crisis which is about to happen
I was told "A statistician's job is to make the numbers provide the answer you want."
Man i really hope alcohol inflation comes down, might need alot of that if things dont change faster.
Hahahahahaha
That's how it works in my native country Poland. Prices are on par with UK's, wages halved but hey! At least alcohol is dirt cheap to drown your sorrows and contribute to the addiction.
@@Sara-jy5oi Eastern Europe Heartbreak medication be cheap
What a load of crap from a government that’s coming apart at the seams…
All by design. They're not coming apart, they want you to think this is happening but it isn't.
This guy is a legend. Thanks for articulating so succinctly
More people need to see this
breaking news: politicians lie
more news at 11
They are lying to you about literally everything.
Everything?
@@samfyfe2949 Everything. That should be patently obvious by now.
Excellent under the bonnet analysis- exactly what is needed .. thank you
Every time they open their mouths, lies come out.
At least we are paying attention!! They can't fool us anymore!!
Wasn't fooled from the start .
Problem is 90% people just believe the headlines.
@@BanjoPixelSnackthe headlines can fool people on culture wars but it can't convince people that they infact aren't struggling with bills
Perfect timing, these guys have no shame.
Your content and subject matter knowledge is superb - keep up the great work. Thank You
Remember, whatever a politician says is 180 degrees out from the truth. Apply this to everything they say and u can get an idea of what's really going on.
Can confirm, my mortgage is doubling starting December. I shopped around in July for the best price fix I could find and there are still no better ones available.
Question is, are you going to fix or just ride the variable rate until rates come down?
So sorry for you. I hate this country atm!
@@TheLinkedList I'm going to take the fix that I've got saved up since July. I absolutely do not trust a variable rate when the banks are calling all the shots and this fix has an expiry date on it. Given that it's better than what's available right now, with no real improvement in sight, I'll take this. I had a good rate for the last five years, I'll have a bad rate for the next five, but it could be worse: it could be a terrible rate. At least this way I can budget for it, which is more than can be said for many people.
@@pmcKANEAny reason you went for 5 and not 2 year fix? Perhaps I was too optimistic taking my 2 year fix 6 months ago
Remember that you can break out of a fix if you pay the penalty@@TheLinkedList
Another great analysis with fantastic sarcasm thrown in, keep up the good work, Sasha 👌👍🙏👏👏👏👏👏
We don’t need the Gov to tell us about inflation, we see it everyday when we go shopping for food.
Absolutely nailed it, great work my friend.
OK we were losing at football 6.0 at half time BUT the final score was only 7-1 - so we actually drew in the second half.
I actually saw a manager like that, arguing after losing 5-2 that the winning team was only better for 10 minutes (during which it scored 3 goals).
Wages are not running ahead of inflation, they’re being manipulated as much as the inflation figures are, for 99% of the country they’ve either not had, or have had a small rise (1-3%) whereas a very small majority, usually MPs and multinational company CEOs have awarded themselves 15-25% raises, which when you average up all the figures, is making this mythical 7% wage inflation figure.
I can attest, I got 4% and that was more than most other people I know
I had a 5% payrise when inflation was running at 11-13%, and my employer was gaslighting me that this was a payrise rather than a real terms paycut
Dont forget that the above wage increase over inflation doesnt take into tax and freezing of tax thresholds.
i just got 8%
What's a pay rise?
Thanks for breaking down these numbers for us so we get to know the truth.
Fabulous take! Thanks
When a £1 bar of chocolate now costs £2,50, you know your being had!
Sasha at his best and entertaining with facts. Love this delivery style.
Thank you!
@@SashaYanshin you da man sasha
Wow! Absolutely loved this video, great analysis and explanation of the data. Thank you!
OMG careful with that truth Eugene🎉
I saw the report this morning and thought 'ill wait to see what sasha says'
Was waiting for this 🍿
Well there you go!
You analysis is superb.
I'm so grateful for your channel.
Very well said. Spot on.
Fantastic upload, fantastic passion.👍🏻
Thank you!
This is exactly why I downsized my mortgage during COVID. House bought at £233k in 2016, sold for £275k in 2020, new house cost £190k. I absolutely dread to think what my mortgage would have been had I stayed put. Even going from 1.1% to 4.5% on my new 5 year fixed rate I'm still £300 a month better off than on my initial rate in 2016. I reckon rates will settle at 5-5.5 % for the long term but wouldn't be surprised if they hit 9% in the mid term.
Omg don't say that!!!
There is almost zero chance that rates go to 9%…
@@thelockoutshouldend the standard variable rate was at around 7-8% last time I checked when looking for my remortgage
Preach Sasha! Thank you for the informative content, keep it up!
Finally something clear and not something we have to go to university to understand
Superb videos. Would you want to do a video on the measured that could be/have been taken to get control of inflation?
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Sasha please do keep up this work. I knew the announcement of inflation was dodgy!
Excellent. Facts and concise analysis. Thanks. Better than anything I've seen in the news and elsewhere....subscribed
The worst part is that it's not even that complex to understand the full picture, yet there's no coverage of it, other than here. Thanks for putting this together!
I thought this was going to be a BS clickbait video from a financial guru with no idea how inflation works. Wow was I wrong, super interesting. Thanks for the info
Accurate analysis. Thanks.
spot on, well done Sasha :)
And the official figures dont take shrimlflation into account. Take premium brands of butter for example being reduced from a 250g pack to 200g, its still classified as the same product but it used to be 25% larger, this is just one example of these non-in inflationary price rises.
Just shop for the branded bargains. Tesco at the moment have clover butter 500g on offer at £1.75
Is clover butter? Thought it was marge
@@matty7758yep it's not butter and it was 99p not very long ago!
@@Loundsify Yes there sre alternatives but you damn yourself by stating £1.75 on offer when the full price was considerably less than that 12 months ago. I simply used butter as an example there are so many products that have shrunk recently, the tories are no doubt encouraging manufacturers to do this to mask headline food inflation.
Packets of crisps seem to have less and less crisps in them each year. Mini cheddars must be down to about 40% of the bag at this point. Fucking ridiculous on top of the inflation itself.
I was waiting for this.
Got it out as quickly as I could! :)
An excellent breakdown. Thank you.
It’s nice to hear some sense ! Will definitely subscribe
People should also be aware of 'shrinkflation' with price rises being disguised by smaller amounts in the same package when shopping. I'm amazed at how little you get for a pound these days. I can recall a time when a man could live for a week on what a pound could buy.
Thank you so much from breaking this down to us. I'm just speechless thinking about how they could lie like this, as if nobody could figure out it's a lie - you've literally exposed this.. and the fact that the media wouldn't fact check this before publishing articles is SCARY.
Welcome friend, once you take that red pill you can never return
They all lie, all the time, about everything.
apparently it is NOT a lie if you truly believe it, and UK politicians truly believed it. LOL
The media know ...
Two things. Thank you for your help and damn you for your good looks and great hair.
100% truth ❤
I absolutely appreciate that you took the time to go through and tell us the TRUTH on this Issue! Amazing, thank you sir.
Well done on the data mining and brilliantly well said about these habitual lies flowing from the government 👏
Thank you so much! This is brilliant
Nailed it 😎👍🏻
Perfect, the video I was waiting for and as always did not disappoint! Thank you!
Love the details analysis. It seems we and the govt are living in different world, general public are suffering from inflation whilst govt is cheering problem solved. Thanks Sasha.
👍
no different in the US ,we are currently told our economy is doing great and we are to stupid to recognize that. No joke
@@angelikac6767it's doing better than the UK's
I stopped listening to the government and MSM a long time ago I'm afraid, I'm done. Won't bother voting now, not worth it😥
@jasongarfitt1147 not really. Look at Squirrel Tribe.
Another brilliant analysis. Will be interesting to see how quickly they bring interest rates back down!
Great video, thanks for breaking this down mate. 👍
So refreshing to see a RUclips assertion backed by evidence. Thank you.
I agree so much with the last bit! They need to wipe the whole of politics at the moment. The top are so currupt and only care for themselfs not the country. I bet there's a loads of smart intelligent people who could run the country 100x better but they are not an insanely rich arsehole!
You Sasha are a wonderful human being 🌙✨💫
We need a daily update that all UK citizens must watch by Sasha.
Love Sasha’s videos. As always, fact based analysis
Facts but no understanding
Well said and excellent analysis. I wonder how much money this government has been spending on social media and PR...
Thats crazy wild. I was well off the start of the year and now i cant afford food
Great analysis, you're spot on.
Thank you, Sasha, for filling the gap all the MSM very conveniently decide to leave. I remember GaryEconomics explaining that precisely this scenario would happen and thus why Sunak decided to make the pledge in the first place. Sadly, if the audience on the _Martin Lewis Money Show_ are representative of the country, most will be cheering on Hunt and Sunka's victory lap with them and otherwise clueless!
Interesting that the OOH figures mentioned at 7:00 are raising exactly because of the bank of England policy of raising interest rates to fight inflation. So basically their medicine is doing more harm than good.
We need a price correction in the housing market. You think 40% increase in asset prices in 2 years is a good thing?
Good work Sasha.
This is very good and properly informative
You are officially my favorite RUclipsr and I’ve only watched this one video 👏
bahahaha. Thank you so much. The others are much the same!
Some great points. You haven't mentioned the disastrous role of unnecessarily high BoE interest rates in all of this, though. 🤔
Historically today's interest rate isn't high at all, they were never going to stay at the extremely low rates we've seen since 2008/9. In fact of it wasn't for brexit and covid then the B of E would probably of raised them sooner but slower. The problem is how quickly they have risen in a short time rather than the rate itself.
Great Sasha. Love the proper analysis.
This channels should be 10x bigger than it is, it’s the insight and transparency everyone in the country needs to know