In the European Union we are suddenly facing a completely new problem: inflation. And so a few questions arise:
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In the UK they are already one step further:
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These are serious questions. Here is the answer:
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In recent years, under the administration of Joe Biden, money supply has increased as never before in history. US dollars were printed come hell or high water. But this wonderful increase in money was not covered by anything. For goods did not increase.
Yet, if you increase “money” by 24% and 27% without increasing “goods” accordingly, then the “price” logically increases by 57%. (That’s the compound interest calculation for 2 years.) We call this price increase ”inflation”. And because the US dollar is the base currency of the world, in which all goods are settled, this “inflation” also hits the whole world.
This game has been played for the last 50 years throughout the whole world, on every continent (See: A brief history of money). Now it’s Europe’s turn to pay the bill for all these bad checks.
Meanwhile there’s a joke about that:
A German walks into a bar: “One beer, please!” The innkeeper replies: “50 euros.” The German is shocked: “50 euros? Yesterday it was 5. Why is it 50 today?“
“I’ll explain: 5 is for the beer. 5 are aid funds for Ukraine. 5 are for sanctions against Russia. 5 are for the increased energy prices. 5 are subsidies for switching to renewable energy. 5 are compensation payments for the people who can no longer afford beer. And 20 euros are for national defense. That makes a total of 50 euros.”
The German reluctantly pays 50 euros. The innkeeper returns 5 euros. The German is surprised: “Why are you returning me 5 euros?”
“There is no beer any more.”
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You thought that was the punch line? Not yet. Here it is:
The German rubs his eyes and asks in amazement: “But what about the rest of my money?” Don’t I get it back?“ The innkeeper replies: “Take it from the Russians.”
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Vienna Calling 