Inflation 2021

Calculate the real year-on-year rate of inflation when white bread in Kaufland cost in 2020 0.89 Eur and in December 2021 already costs 1.09 Eur.

In the example we want to point out the real inflation felt by the people, which we understand as the exploitation of the middle working class, and of all who earn state fiat money (money from nothing without intrinsic value) and have them set aside e.g. for retirement. The official inflation target of the ECB was 2%, officially the statisticians measured 6%, in reality in the prices of food, energy, gas, real estate, the number has long been double-digit, and I am afraid it no longer begins with one, and probably no longer with two either.

We also draw attention to the shutdown of DUSLO Šaľa due to extreme prices of natural gas. Natural gas is used by them as a raw material for the production of ammonia NH₃, which is a basic component of e.g. fertilisers. The director of Duslo I quote: "We are thus on the threshold of brutal inflation, which no one currently remembers here," Source:

DUSLO and inflation

Please reflect, when you throw papers into urns in the further elections, that probably the majority voted badly, that through inflation the workers pay for all even the seemingly well-meant inventions of the type of free trains, pandemic benefits, unmanaged covid pandemic, etc. No one will be thrown out from the ECB or NBS for it, nor from the government. People simply wanted it. ..

Final Answer:

p =  22.4719 %

Step-by-step explanation:

$$\begin{gathered} a=0.89\text{eur} \\ b=1.09\text{eur} \\ p=100\cdot \frac{b-a}{a}=100\cdot \frac{1.09-0.89}{0.89}=22.4719\% \end{gathered}$$

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