Inflation memes
As the inflation keeps rising, you know what else is rising “memes”, rather than mourn, we decided to collate these memes to help us inflate our laughter. Two months in, the world is faced with a war that has the potential to spread and a heavy impact on economic trading. The inflation will not be letting up anytime soon. Global growth was predicted to slow from 5.9% in 2021 to 4.4 percent in 2022, down half a percentage point from the October World Economic Outlook (WEO), owing to projection revisions in the two largest economies. In the United States, as well as many other emerging markets and developing economies, rising energy prices and supply interruptions have resulted in higher and more broad-based inflation than expected. The persistent contraction of China’s real estate industry, as well as a slower-than-expected recovery of private consumption, constrain growth prospects. The year 2022 did not exactly open on a good note for the global economy, not with countries having to reimpose restrictions as the new Omicron strain was spreading.
$38.00 in lumber
You don’t have to worry about commodity price increases, it’s all been taken care of by the companies. Just simple mathematics of reducing the quantity and quality in teeny-tiny bits, but the prices still stay the same. NPR described this method of companies downsizing its product as Shrinkflation, and we think it makes absolute sense.
Inflation clowns
When it started hitting close, the powers that be denied any sign of inflation, and then they progressed to say it was “transitory” to it being a good thing. Is life not perfect?
Crypto investors and the inflation
Just like the electric car users in this gas price hike, crypto investors happen to be gloating at this time. Your loss if you did not buy the dip Rather than grieve over the fate of the world economy, share this meme and put a smile on a friend’s face today.
Brace yourself
We don’t have to say it but because we care, ‘Brace yourself for the rate increases that are coming. Winter is here, darlings!
2% Raise
How do you compete with a 2% salary raise when inflation is at 6.5% and is currently climbing to 7.5%, according to Trading Economics. Hey, we don’t want you thinking too much about your salary at a job you don’t even love, so Funny Work Memes to laugh away your sorrows 7. Or am I just poor? Oh dear, you are not alone in this, we are poor together. And the recent surge in gas prices is not even helping. We know we are all broke together, don’t deny it, honey. And they say misery loves company, right? come join us have a laugh or two with our Relatable Memes About Being Broke.
What Inflation?
Inflation who? Things still cost the same as last month, oh! And just smaller packaging, that’s all.
Federal reserve
The feds are peeping from one corner while everyone complains about the hike and how the cost of living keeps getting more expensive. It is common knowledge that to be able to fight inflation, the Feds have to hike the interest rates. How does this help? It makes borrowing become more expensive, causing consumers and businesses to hold off on making any investments. This helps to reduce transport costs by reducing demand. The Fed’s principal purpose is to make borrowing more expensive so that purchasers and businesses refrain from making any investments, lowering demand puts costs back into check. To know more about this, click here!
Just fine
Okay, this chart was in January and the Russian-Ukraine war had not started. The inflation rate presently is estimated at 7.5%, but it is totally fine and normal.