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#Costoflivingcrisis

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atomicker<p>Stanford added that Canadians shouldn’t accept the “roller-coaster” of world oil markets as natural or inevitable. Oil supplies actually increased between 2021-2022, from 96.7 to 101.3 million barrels a day.</p><p>“We didn’t have to go through that (...) maybe we should think about this so that we don’t go through it needlessly again in the future.”</p><p><a href="https://mstdn.ca/tags/Canada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Canada</span></a> <a href="https://mstdn.ca/tags/CDNPoli" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CDNPoli</span></a> <a href="https://mstdn.ca/tags/ClimateCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ClimateCrisis</span></a> <a href="https://mstdn.ca/tags/CostOfLivingCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CostOfLivingCrisis</span></a></p>
atomicker<p>Rising oil prices indirectly impacted grocery prices: “Grocery stores definitely played a role (in inflation),” Stanford said. “But the impact of grocery profits is small potatoes compared to what we’re seeing from oil prices.”</p><p><a href="https://mstdn.ca/tags/Canada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Canada</span></a> <a href="https://mstdn.ca/tags/CDNPoli" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CDNPoli</span></a> <a href="https://mstdn.ca/tags/ClimateCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ClimateCrisis</span></a> <a href="https://mstdn.ca/tags/CostOfLivingCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CostOfLivingCrisis</span></a></p>
atomicker<p>Oil &amp; gas companies raised prices after Russia’s 2022 invasion of Ukraine, starting 'a chain reaction of higher prices for Canadian consumers that cost households $12,000 each between 2022 and 2024':</p><p><a href="https://www.thestar.com/business/study-finds-fossil-fuel-prices-largest-source-of-post-covid-inflation-warns-of-repeat-due/article_7b774166-00e6-11f0-8028-d3424a6fdcd1.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">thestar.com/business/study-fin</span><span class="invisible">ds-fossil-fuel-prices-largest-source-of-post-covid-inflation-warns-of-repeat-due/article_7b774166-00e6-11f0-8028-d3424a6fdcd1.html</span></a></p><p><a href="https://mstdn.ca/tags/Canada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Canada</span></a> <a href="https://mstdn.ca/tags/CDNPoli" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CDNPoli</span></a> <a href="https://mstdn.ca/tags/ClimateCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ClimateCrisis</span></a> <a href="https://mstdn.ca/tags/CostOfLivingCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CostOfLivingCrisis</span></a></p>
atomicker<p>The study 'recognizes that there were many causes for inflation coming out of the pandemic', but 'the fossil fuel industry was the largest single source.'</p><p><a href="https://mstdn.ca/tags/Canada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Canada</span></a> <a href="https://mstdn.ca/tags/CDNPoli" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CDNPoli</span></a> <a href="https://mstdn.ca/tags/ClimateCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ClimateCrisis</span></a> <a href="https://mstdn.ca/tags/CostOfLivingCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CostOfLivingCrisis</span></a></p>
TC Won't Give In To Lies<p>As if on cue, here's another £4B in grotesque profits from <a href="https://mastodon.social/tags/greedflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>greedflation</span></a> helped by <a href="https://mastodon.social/tags/ToryCorruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ToryCorruption</span></a> in raising the energy price cap during a <a href="https://mastodon.social/tags/CostOfLivingCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CostOfLivingCrisis</span></a></p><p><a href="https://mastodon.social/tags/PeopleNotProfit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PeopleNotProfit</span></a></p><p><a href="https://www.theguardian.com/business/2025/feb/20/energy-network-owners-have-made-39bn-from-higher-bills-says-report" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/business/2025/</span><span class="invisible">feb/20/energy-network-owners-have-made-39bn-from-higher-bills-says-report</span></a></p>
TC Won't Give In To Lies<p>WTF is happening at <a href="https://mastodon.social/tags/Guardian" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Guardian</span></a> ? This insane Turtle Media deal, firing reporters and AI partnership with super-shady OpenAI.</p><p>And now this *horrible* framing. <a href="https://mastodon.social/tags/BritishGas" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BritishGas</span></a> profits have actually returned to normal after OFGEM insanely raised the energy price cap in a <a href="https://mastodon.social/tags/CostOfLivingCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CostOfLivingCrisis</span></a> to help juice their profits.</p><p>The CSP should come even lower. Profits should come even lower. THAT will help drive economic growth<br><a href="https://mastodon.social/tags/PeopleNotProfit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PeopleNotProfit</span></a> </p><p><a href="https://www.theguardian.com/business/2025/feb/20/british-gas-owner-centrica-reports-slump-annual-profits" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/business/2025/</span><span class="invisible">feb/20/british-gas-owner-centrica-reports-slump-annual-profits</span></a></p>
Iain<p>How many people could you house and feed for a year, if you used the money for that instead of an OTT firework display on the Thames? <br>Just wondering...<br><a href="https://social.psychodog.co.uk/tags/NYE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NYE</span></a> <a href="https://social.psychodog.co.uk/tags/Fireworks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Fireworks</span></a> <a href="https://social.psychodog.co.uk/tags/CostOfLivingCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CostOfLivingCrisis</span></a></p>
Peter Riley<p>This injustice may yet cause unrest ?</p><p>Poverty in Australia <br>(2024 Probably 4 million struggling &amp; many more working poor) <br><a href="https://en.wikipedia.org/wiki/Poverty_in_Australia#:~:text=19.3%25%20after%20benefits.-,Henderson%20Inquiry,child%20endowment%20for%20two%20children" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">en.wikipedia.org/wiki/Poverty_</span><span class="invisible">in_Australia#:~:text=19.3%25%20after%20benefits.-,Henderson%20Inquiry,child%20endowment%20for%20two%20children</span></a>.</p><p>Henderson poverty line = $612.10 a week for a single person…</p><p>median weekly rent value across all Australian dwellings is $627 a week…</p><p>price of food was up more than 17% for households…</p><p><a href="https://www.theguardian.com/australia-news/2024/dec/12/centrelink-welfare-payments-increasing-youth-studen-carer-details-indexation" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/australia-news</span><span class="invisible">/2024/dec/12/centrelink-welfare-payments-increasing-youth-studen-carer-details-indexation</span></a></p><p><a href="https://mastodon.social/tags/blameCapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>blameCapitalism</span></a> <a href="https://mastodon.social/tags/poverty" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>poverty</span></a> <a href="https://mastodon.social/tags/workingpoor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>workingpoor</span></a> <a href="https://mastodon.social/tags/costoflivingcrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>costoflivingcrisis</span></a> <a href="https://mastodon.social/tags/AUWU" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AUWU</span></a></p>
Emeritus Prof Christopher May<p>Cash is back (sort of), for a range of reasons, but mostly among older consumers; and this despite banks' best efforts to make using cash and difficult as they can (not least so they can skim off transaction charges for e-payments).</p><p>However, given young people's rediscovery of all sorts of vintage tech, perhaps they'll next 'discover' cash?</p><p><a href="https://zirk.us/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>money</span></a> <a href="https://zirk.us/tags/CostOfLivingCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CostOfLivingCrisis</span></a> </p><p><a href="https://www.bbc.co.uk/news/articles/c1el81lenq1o" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">bbc.co.uk/news/articles/c1el81</span><span class="invisible">lenq1o</span></a></p>
ABY BUT IN ALLCAPS<p>coughcoughwhiteliberals</p><p><a href="https://aus.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a> <a href="https://aus.social/tags/election" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>election</span></a> <a href="https://aus.social/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> <a href="https://aus.social/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USA</span></a> <a href="https://aus.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://aus.social/tags/voting" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>voting</span></a> <a href="https://aus.social/tags/activism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>activism</span></a> <a href="https://aus.social/tags/anarchism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>anarchism</span></a> <a href="https://aus.social/tags/poor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>poor</span></a> <a href="https://aus.social/tags/Poverty" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Poverty</span></a> <a href="https://aus.social/tags/Unemployment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Unemployment</span></a> <a href="https://aus.social/tags/CostOfLivingCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CostOfLivingCrisis</span></a> <a href="https://aus.social/tags/RecordProfitsCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RecordProfitsCrisis</span></a> <a href="https://aus.social/tags/Capitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Capitalism</span></a> <a href="https://aus.social/tags/houselessness" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>houselessness</span></a></p>
ABY BUT IN ALLCAPS<p>I just got into an argument with a shopping centre security guard because he was trying to kick a houseless person out of the shopping centre. This person seemed semi-conscious and wasn't responding to his demands to leave, so the security guard kept saying he was going to call the cops.</p><p>I asked if he'd thought of calling an ambulance, because it seemed like a medical emergency to me (me, who was a nurse for a long fucking time..), and the security guard just said that it was "obviously drugs".</p><p>Turns out when the paramedics got there the guy had a blood sugar of 1.4mmol/L (which is like 25mg/dl for the US folks).</p><p>The security guard was all like "well how was I supposed to know??" </p><p>I mean, someone who is houseless having a medical crisis from a chronic condition that needs access to specialist management and regular food?? I'm fucking shocked. Who would ever have guessed?! 🙄</p><p><a href="https://aus.social/tags/RegionalAustralia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RegionalAustralia</span></a> <a href="https://aus.social/tags/Bathurst" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bathurst</span></a> <a href="https://aus.social/tags/BathurstNSW" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BathurstNSW</span></a> <a href="https://aus.social/tags/Australia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Australia</span></a> <a href="https://aus.social/tags/houselessness" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>houselessness</span></a> <a href="https://aus.social/tags/poor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>poor</span></a> <a href="https://aus.social/tags/Poverty" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Poverty</span></a> <a href="https://aus.social/tags/Unemployment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Unemployment</span></a> <a href="https://aus.social/tags/Centerlink" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Centerlink</span></a> <a href="https://aus.social/tags/CostOfLivingCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CostOfLivingCrisis</span></a> <a href="https://aus.social/tags/RecordProfitsCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RecordProfitsCrisis</span></a> <a href="https://aus.social/tags/housing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>housing</span></a> <a href="https://aus.social/tags/MutualAid" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MutualAid</span></a> <a href="https://aus.social/tags/CommunityNotCops" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CommunityNotCops</span></a> <a href="https://aus.social/tags/FuckThePolice" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FuckThePolice</span></a> <a href="https://aus.social/tags/AllCops" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AllCops</span></a> <a href="https://aus.social/tags/EvenSecurityGuards" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EvenSecurityGuards</span></a> <a href="https://aus.social/tags/CommunityCare" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CommunityCare</span></a></p>
Godfrey642<p>So... my mum lived through the London Blitz in 1940. <br>250,000 ppl made instantly <a href="https://aus.social/tags/homeless" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>homeless</span></a>. A massive <a href="https://aus.social/tags/Housingcrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Housingcrisis</span></a> in the extreme for the Govt, and not just in London. </p><p>There was a *Housing For All Policy* to get ppl into accommodation, albeit temporary <a href="https://aus.social/tags/housing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>housing</span></a> until permanent <a href="https://aus.social/tags/socialhousing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>socialhousing</span></a> could be built. </p><p>It worked. <br>My parents lived comfortably and safe in "prefabs" for 3 yrs KNOWING a proper home would be given to them. </p><p>There are ways to sort this social housing crisis now. It's easy in comparison to post war Europe when governments had zero available cash. Its been done before on a far greater scale.</p><p><a href="https://aus.social/tags/auspol2024" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>auspol2024</span></a> <a href="https://aus.social/tags/affordablehousing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>affordablehousing</span></a> <a href="https://aus.social/tags/australia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>australia</span></a> <a href="https://aus.social/tags/socialhousing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>socialhousing</span></a> <a href="https://aus.social/tags/costofhousing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>costofhousing</span></a> <a href="https://aus.social/tags/Costoflivingcrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Costoflivingcrisis</span></a> <a href="https://aus.social/tags/australianpolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>australianpolitics</span></a> <a href="https://aus.social/tags/auslabor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>auslabor</span></a><br><a href="https://aus.social/tags/albaneselaborgovernment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>albaneselaborgovernment</span></a> <a href="https://aus.social/tags/AntonyAlbanese" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AntonyAlbanese</span></a> <a href="https://aus.social/tags/AnthonyAlbanesePM" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AnthonyAlbanesePM</span></a> <a href="https://aus.social/tags/AustraliaPrimeMinisterAnthonyAlbanese" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AustraliaPrimeMinisterAnthonyAlbanese</span></a></p>