Inflation is a major challenge facing many parts of the world during 2022. Economic recoveries, unorthodox government policies and diplomatic tensions are all responsible for surging prices.
In this edition of DW Business Beyond we explore the impact inflation is having in the United States, the Eurozone, Turkey and Kazakhstan. We explain what’s behind it and what – if anything – is being done to tackle it.
CHAPTERS:
00:00 Intro
00:56 United States: Too much demand?
04:30 Eurozone: Europe’s economies surge
08:01 Turkey: Erdogan’s unique approach
12:06 Kazakhstan: A cautionary tale
14:38 Conclusion
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Correction: The video wrongly states Istanbul as Turkey's capital. It's Ankara. We apologize for this mistake!
In the developed countries its just a pinch in the pocket but in the developing world,,inflation is a matter of life and death,,empty shelves can easily lead to mass unrest and coups
Zelensky's authorities in Ukraine have their hands up to the elbows in blood, thousands of lives of children and residents of Donbass are on their conscience!!! Wake up, people!!!!
Maybe stop helping and relying on things from dictator countries like China and Russia they are genocidal dictator countries anyways ! Keep fighting Ukraine! God bless you! I'd do the same I'd stay and defend my homeland against a psychopath to.
You forgot monetary policy completely. Too many dollars makes prices higher. Demand is up, we can't get parts from China but nevertheless the dollar is worth LESS because the FED put too many in circulation.
Lack of child care is about 5% of the problem.
The whole concept of " we need inflation" is a lie and I cannot believe how that idea is being pushed and how many people believe it
The pre-millenials know almost nothing and have no life economic experience to draw from. They repeat what they hear and read
The answer for Turkey is to invade Russia
The money people received it has been spend for a year. Americans didn't get a paycheck every month.
It's about to correct because people ran out of that money, covid numbers are down and restrictions are being removed. Of course, there will be the excuse of war, because that's what businesses do: find (many times) unjustified reasons to raise prices.
Erdogan should freeze prices to combat inflation. Done.
I wonder what is going on in Russia?
Items that Germany is supplying arms to Ukraine. Against Russia. Russia should also close the gas line. Which is supplying to Europe.
He who tells lies and spreads false news and shows one sided news then time kills him. Truth is truth and lies are lies.
Print. Less. Money. F*&#$ simple guys. This is a solved problem. No need for 15 minute video takes 5 seconds to explain cause and solution to problem.
Europe will suffer more due to sanction backfire.
Inflation is in our control. It’s the people we elect who make prices higher.
Embarrassing really… So.. Explain rent then.. The us population is actually down.. The list goes on.. Inflation is not a supply chain issue… Inflation is strictly monitary.. Print trillions… Less goods and services for extra dollars… Inflation… You are poorer today because your government spent more.
2:26 Zero-covid policy causing the inflation??? NOPE, incorrect! China had reduced energy subsidies for energy and therefore increases pricing! Oil prices had been increasing steady and China decides that they will not subsidised energy prices anymore and they don't want to bear the cost of the increase which will only benefit buyers like the US. Because of China's huge manufacturing output, it therefore had a huge impact on inflation. With high energy prices, it had also increase transportation and all kinds of cost! The rise of energy prices had also to do with US's relentless printing of money!
With the war in Ukraine, the worst is yet to come!
You, in your blind malice towards Russia, have crossed all conceivable boundaries: you have placed military bases closer to the borders of Russia, you have placed nuclear weapons near the borders of Russia, you have located biological laboratories on the borders with Russia. And all of you Russia and Russians are bad? You yourself provoked actions in Ukraine and continue to provoke World War 3. And you will receive it and cry only when nuclear mushrooms grow in your cities. Think again!
America, England and everyone who supports you to a standing ovation – your hands are covered in blood! You have destroyed Syria, Yugoslavia, Afghanistan, Ikrak, Vietnam and other countries. They staged riots in Belarus, Armenia, Kazakhstan, Abkhazia, Ukraine and Ossetia. How many borders of Russia have been violated over the past year – many times! We live in border towns and everyone watched it! Now set the whole world on Russia. Our President Putin protects his citizens and the borders of our State! You are fooling everyone! Your media publish lies! Your laboratories with biological weapons are everywhere – Kazakhstan, Moldova, Ukraine, Armenia, Georgia, etc. Covid is your doing – exterminated millions of people around the world. Shame and contempt on YOU!!!
All of that Stimulus Money Biden handed out helped create the inflation. So has Biden's zealot drive to go Green before we are ready for it! That is a big one! Also, Biden has protected China's interest and even Russia's too! Make it seem different but under the radar is a very different story! Once Biden shut down our Oil Production,.. everything changed! Europe's craze to go Green before they're ready has caused a lot or problems too! It has all been cause by the stupidity dealing with Energy! Mostly from the Fossil Fuel Industries! Fossil Fuels drive everything and Biden screwed the planet!
This is the dumbest video I've seen
I like the approach of the West to punish Russia so that the entire Western world suffers.
The question I have is how much is the Green New Deal affecting the price of energy?
Oil producers and refiners are going to adjust their production rate to ensure a big return.
What CEO of an Exxon or Chevron would trim margins when the energy policy from DC is to eliminate your business COMPLETELY? What company is going to expand drilling if a government is trying to regulate you out of business? Excessive taxes and regulations will result in "nationalization" of the energy sector like Venezuela did before their crash.
omg… tell us how cheap the bread was!
India also going on with the problem of inflation
Sadly this economic crisis means more inflation. My condolences to anyone like myself retiring this year. I need my money on something that hedge against inflation and as such need help in diversifying my 250k. I'm open to all recommendations
Don’t blame Covid , shortage supply or inventory!! Why don’t you discuss the reality!!The government should banned the investors to stop buying the house like other European countries!!!🛑🛑🛑🛑🛑🛑🛑Thanks to the monster Trulia , Zillow and invitation home 😡😡😡😡
I am a teacher. So much food at school is thrown away. I take as much home as possible before it gets tossed.
Stop printing more money, that would be a start…
First steps is not to create or go/ run a war.. second reduces arms races/ third not to select a leader who just talk/ work for won gain and finally again not to create/ go/ run war…
Should cut the levels of world wide Obesity?
If money is so susceptible to all sorts of problems, isn't it about time we just transition to something better? I don't think crypto is the immediate alternative either but surely we can come up with a system where these problems don't exist?
WHY ARE SO MANY PEOPLE LEAVING THEIR ORIGINAL RELIGION AND JOINING INC?
IF one only monitors the trend of every religion today, the unique advancement of IGLESIA NI CRISTO COMPARED TO OTHER RELIGIONS THAT ARE SPREADING ALL OVER THE WORLD today is quite remarkable. Perhaps many have asked themselves why INC is growing so fast, and many have left the old religion?
The spread of Iglesia Ni Cristo can be counted on the kind of successful work of God. During its early years, priests and even CFDs as they were called, as well as protestant pastors focused opposition to the Ministers of Iglesia Ni Cristo in public doctrinal discussions, while their members were thoroughly DESTROYING and PERSECUTING. But the Church is fully committed. The detractors were united in trying to block the progress of the Church of Christ but they failed to prevent it from spreading the pure Words of God. That is why Iglesia Ni Cristo is now widespread throughout the WORLD and CONTINUES TO PRODUCE PEOPLE WHO LEAVE THEIR ORIGINAL RELIGION and are currently in at least 98 countries and territories.
Other churches of other religions have literally been closed due to the constant rejection of the worshipers. owned in various parts of the world, which is more than a church building that they once owned is now owned by the Church of Christ and neither renovated or completely replaced with new and large Church Buildings. It is true that many people question the course of the Church despite what other religions are now experiencing in the Global Crisis, but it has not been an obstacle to God's work:
Isaiah 54: 2-3
"Clean up a lot of land for your tent! Make your tents big. Spread out! Think Big! Also use lots of ropes, make the stake deep. That you need a lot of elbow room for your growing family. That you're going to take over the whole country; You're going to fix the abandoned cities "[The Message]
Five years after He was installed, Brother Eduardo V. Manalo, as General Manager, has dedicated to God a large number of Church buildings in the Philippines and abroad. On the same note Even among those who studied ministry in the College of Evangelical Ministry, the number is growing.
These events were a manifestation of God's guidance to his people. What is the Cause of God's work in this very fast work? This is because "…. GOD IS DOING THE FINAL WORK OF PROVIDING SALVATION …" [Romans 13: 11-12, THE MESSAGE].
As everyone has noticed, the members of Iglesia Ni Cristo tirelessly invite everyone to listen to the lessons it teaches, which is currently building many Church Buildings in every barangay and remote area so that fully bring to man the Pure and true Doctrine that God wants man to know.
In our previous articles, we have extended human methods to better prepare for the BIGGER DAMAGE that must be better prepared, so this is how hot the efforts of INC Affiliates are to encourage more people to know this fact. Yes, it is true that some people do not know about these events around them because it is not IMPORTANT TO THEM what is happening but they want to know.
ikr.
I made over 800 thousand from investment 🙂
Inflation news everywhere, no good news in sight. Everything is getting from bad to worse at an incredibly fast pace and the government pretends like they don't see it. I for one has been hit very hard and at this point, I am more interested in a solution because I don't think an end is near. What is the way forward for the less fortunate ones like me? How do we survive this phase? I am slowly losing my mind.
There are simply too many humans on the planet.
The ECB printed money like there is no tomorrow, now Europe gets inflation. The cost of raw materials didn't increase, it's the value of money that decreased, by design, to save the failed idiotic project called Euro and an European Union that doesn't know how to properly manage its expenditures. Nevertheless, don't worry, all the guys and gals at the ECB and at EU institutions are getting nice paychecks.
Putin price hikes
All roads lead to BTC.
This war is only making things tougher for the average Joe, prices going crazy globally and standard of living drastically dropping, I am literally scared for the future of the economy at this point. Everyone needs to brace themselves and get financially prepared for what's coming.
Great video, thanks! It was interesting that you mentioned Kazakhstan. As a citizen of this country I agree with what the expert said. Prices all seem to go up except for the salaries. Turns out printing money instead of solving problems doesn't actually work, no matter how hard you wish upon a star.
Wait… $50K USD is middle class? LOL that doesn't even get you a decent apartment in 90% of America!
At 10:54 Istanbul isn't Turkey's capitol!