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Inflation and high fuel prices

By Foxy • June 10, 2022 16:30:33 • Last updated on: June 10, 2022 16:55:13 • 65,863 views • 8,407,422 impressions • 3 comments • 0 likes
Inflation and high fuel prices is a result of greedy energy companies CEO and government taxes on fuel.
The high inflation and fuel prices is not a global problem but politicians and the mainstream media want you to believe is a global issues. There are two main reasons for the high inflation and high fuel prices.
 
(1) SHELL, EXXONMOBIL, BP, TOTAL all Insanely doubles their profits. So, the question should be how much will be the price of a litre if they didn't double their profits?

(2) Government fuel taxes. There are countries that uses fuel taxes as cash machines. Country like United Kingdom. These countries make more money from fuel than oil producing countries.
Good example, United Kingdom, £2.00 a litre,  the £2.00 include 46% tax.  £2.00 minus 46% =£1.08.

Where are all the so called economics laureates? Recession is looming due to artificial inflation and high fuel prices created by greedy energy companies CEO and government fuel taxes.

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Article Information

Title: Inflation and high fuel prices

Keywords: inflation and high fuel prices

Description: inflation and high fuel prices

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S
Sheila

Created on: 26 Jun 2022, 08:56

Last updated on: 26 Jun 2022, 08:56

Stop using Ukraine invasion as the cause of high inflation and high fuel prices.  Inflation was too high before Ukraine war.

Politicians and central banks are looking for excuses when they failed to control inflation, raising interest rates will only slow down the economy. Because it reduces investment and spending. 
L
Larry

Created on: 22 Jun 2022, 20:18

Last updated on: 22 Jun 2022, 20:18

Wow, the world is waking up little by little,  Elizabeth Warren have asked the federal reserve chairman "Powell not to drive us economy off the cliff " raising interests rates to reduce spending and investment,  what a crazy economics,  Raising interests rates is not the solution to high inflation. 

The current high inflation is caused by greedy energy companies that doubles their profits, and Governments failures to stop companies from ripping people off. Capitalism without control. 
C
Curtis

Created on: 17 Jun 2022, 17:07

Last updated on: 17 Jun 2022, 17:07

The mainstream media and politicians wants you believe is the Russia invasion of Ukraine that causes inflation and high fuel prices. Which is a big lies because there was inflation before Russia invasion of Ukraine, Ukraine war didn't double energy companies profits or increases fuel taxes.

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