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Poland highest inflation in 20 years


Novichok  5 | 8550
9 Sep 2023   #301
Runaway inflation is not great for consumption

The funny thing with inflation...The criminals - aka government - never own up to the crime and pretend that inflation is like weather or locust. When they finally can't wiggle their criminal butts out, some inflation is all of sudden good for us. Like low-level shoplifting in America...good for some...
GefreiterKania  31 | 1433
9 Sep 2023   #302
Polish pain

Polish pain?

Having our country partitioned, by our dear friends and neighbours, and disappearing from the map of Europe for 123 years - that was painful.
Insurrections and uprisings, drowned in blood - that was painful.
Siberian exiles, russification, germanization and all types of persecution - that was painful.
Invasion by III Reich and Soviet Union and losing 12 million citizens - that was painful.
585% inflation in 1990, followed by massive unemployment - that was painful.

15% inflation? With unemployment lowest in 30 years? A mere inconvenience.

We are a resilient nation of brave and long-suffering people. We've been through so much that all the current energy crisis, inflation, unstable situation in the east etc. seems almost like a Golden Age (and it probably is :)).
Bobko  28 | 2364
9 Sep 2023   #303
15% inflation? With unemployment lowest in 30 years? A mere inconvenience.

People get used to good things quickly, while it takes quite a bit longer for them to accept worsening conditions.

I'm sure this rule even applies to Poles.

In any case, point taken - I'm sure it's true that Polish capacity for suffering is somewhere closer to the Russian level, than say the British level.
Novichok  5 | 8550
9 Sep 2023   #304
than say the British level.

Brits' pain and suffering threshold is very high. They will still smile when London is 1% white.
GefreiterKania  31 | 1433
9 Sep 2023   #305
than say the British level

Hmm... I don't know... perhaps not quite the Polish level, true, but I wouldn't underestimate the old Limeys either. They showed some respectable resilience during and after WW2, and let's not forget that they built the largest empire on Earth. Even if they are somewhat past their prime now, I still would be careful with them.

In general underestimating your enemy is the silliest thing you can do in a war. That's why I'm so annoyed with all those "incompetent, drunk, toilet-stealing orcs" nonsense.
Bobko  28 | 2364
9 Sep 2023   #306
They showed some respectable resilience during and after WW2

They did well enough during the Blitz, but also they didn't have German soldiers making themselves at home in their Island.

I think what's good for a Pole, is downright miserable for a Brit.
jon357  73 | 23224
9 Sep 2023   #307
than say the British level.

Fortunately inflation there is lower than most places and the county is economically resilient.
Novichok  5 | 8550
9 Sep 2023   #308
Resilience - the capacity to withstand or to recover quickly from difficulties; toughness.

Steel springs are "resilient" - until you bend them past the point of resilience. WW2 was a good test of how it works. That is why conventional wars are brutal but seldom terminal.

Refugee invasions of Europe and the US are terminal. And so is our runaway debt and the "cure" - inflation.
jon357  73 | 23224
12 Sep 2023   #309
him write.

Indeed. He shows that he misunderstands the current causes of inflation.

And it's likely to get worse due to the interest rates pre-election.

Every time I go shopping here the prices are higher.
Bobko  28 | 2364
13 Sep 2023   #310
Read an article in Politico.eu, about how PO has promised to hold Central Bank head Adam Glapiński to account if they are to win the elections.

Quote:

The party, Civic Platform, vowed to hold Glapiński accountable for "destroying the independence" of the National Bank of Poland and "failing to implement the basic task" of fighting high prices, it said in publishing a package of pledges for its prospective first 100 days in office on Saturday.

I find this a little bit strange. PO has also promised to make an entire host of other PiS functionaries face tribunals, including Prime Minister Mateusz Morawiecki, President Andrzej Duda and Justice Minister Zbigniew Ziobro.

Not saying such naked political reprisals couldn't happen in the United States, but it certainly has a whiff of banana republic about it.

In other news, related to inflation quite directly, Poland has promised to effect a unilateral ban on Ukrainian wheat when the EU moratorium expires in two days.
amiga500  5 | 1529
13 Sep 2023   #311
but it certainly has a whiff of banana republic about it.

Wow have you been following Polish Politics, or are you another bot? Both sides been saying bedziesz siedzieć for years but nothing ever comes of it. If PO wins they'll let it go in the name of western democracy.

Poland has promised to effect a unilateral ban on Ukrainian wheat

More lies by our resident ruski propagandist, as has been since the start, transit and export through polish lands of millions of tons of Ukrainian wheat.
Bobko  28 | 2364
13 Sep 2023   #312
in the name of western democracy.

This has less to do with Western democracy, and more with naked honoring of past obligations.

Investors watch these things closely when appraising risks of investing here or there. It sends a not so nice signal that dealing with Poles can be dangerous, because subsequent administrations will not honor arrangements made by previous ruling parties.

If they can jail (or invalidate decisions made by) former office holders, it's a short distance from there to invalidating agreements entered into by the PiS government and investors.

More lies by our resident ruski propagandist

What is this, then:


  • IMG_7021.jpeg
amiga500  5 | 1529
13 Sep 2023   #313
It sends a not so nice signal that dealing with Poles can be dangerous,

We've heard that since 2014, with our populist party in power, protests about media freedom, the constitution, sunday trading, abortion rights, eu trying to merkel impose on us during the migrant crisis, have people post here that america would pull out of poland because of lgbt and tvn ownership rights (tusk vision network) rights,

Guess what Bobko those investors that have been watching closely, still see Poland, after all that ****, as an productivity+ investment ok haven.

What is this, then:

To Imports, so that they enter the EU local market, and take up local storage capacity. can you get that through your thick head. But if they transit through our territory to another country in the EU, they are free to do what they want with the grain.
Bobko  28 | 2364
13 Sep 2023   #314
Guess what Bobko those investors that have been watching closely, still see Poland

Poland of ten years ago, and Poland now - two very different animals.

Shifting subjects from Glapiński's fate... the grain ban is not going to be great for taming inflation. In the larger picture, the effect may be negligible in comparison to other factors, but for Poland's poorest it will be a hard blow. At the cost of protecting Poland's farmers, the average cost of a loaf of bread will likely further rise.

To Imports

Why don't you read the news a bit more closely, and then argue.
amiga500  5 | 1529
13 Sep 2023   #315
the grain ban

there is no grain ban, there is a nation-state grain import ban.

Why don't you read the news a bit more closely,

So are the GPS plombs/trackers put on the grain railcars and trucks EU or nation-state responsibility?

And who is the monitoring and/or enforcement authority when a grain shipment passes from one EU state to another?
Bobko  28 | 2364
13 Sep 2023   #316
there is no grain ban, there is a nation-state grain import ban.

You're quite good at writing meaningless messages. Here, and in other threads.

The Ukrainians must not have been informed that it was just an "nation state import ban" (whatever the hell that means).

The Ukrainian agricultural ministry announced back in April, that it "regrets the decision by our Polish colleagues to temporarily limit exports to and through Poland (including transit) of agricultural products from Ukraine".

The Polish prosecutor's office, in parallel, had performed investigations that same April, into firms that had allegedly been relabelling Ukrainian grain meant for industrial purposes as Polish grain for food production and selling it to flour producers in Poland.

Every document I have read on the subject, states that the import ban includes transit.
amiga500  5 | 1529
13 Sep 2023   #317
Every document I have read on the subject, states that the import ban includes transit.

please quote me such a current document, that includes a ban on grain transit, do you think poland would be that stupid? Ukrainian grain transit through Polish territory never stopped. (apart from a two week emergency ban which you allude to.) You really have to go back to April 2023 just to prove you are wrong you dumb ruski?.
Bobko  28 | 2364
13 Sep 2023   #318
@amiga500

I think I will stop responding to you, like with that other person, until you can learn to communicate like a human being.
pawian  221 | 26144
13 Sep 2023   #319
I think I will stop responding to you,

If that progresses, soon you will only discuss with two Russophiles: Kania and Novi. Plus your own team of imperialist Russians. Good luck! :):):)
BTW, send my best regards to your grandpa. hahaha buhahahaha


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