By Eran Hildesheim sat one week senior economists recognized Israel and open conversation about economic problems here. Then we started talking about the high cost of living ... is: There are many proposals to lower the cost of living in Israel, I: all nonsense. You can not lower prices in the country because it is an integral part of the monetary system. The role of the Bank of Israel is producing inflation each year. Price reduction will result in an economic crisis here. He: That's true but you can raise the salaries Me: But are not real wages is: Can I make arise: How can you control the amount of salary? Is: If there was a real leadership could be ... [gives an explanation of the 10-minute program to raise the level of salaries in] Me: and the Governor had real leadership here, the plan succeeds, the amount of salary increases, cost of living goes down, people columbia road flower market take less loans because they have more money-if columbia road flower market all that happens, and there will be fewer loans will be here in less money, if any money here as the economy enters a wave of bankruptcies that will not be enough money to pay the debt crisis Habr.ath aware of what a big mouth you will? He [thinks a few seconds]: You know what ... you're absolutely right.
Anonymous-creating currency the government operates on tax-barter barter. They require us to pay tax on the purchase and sale by the value of the product is changed. Much less of currency. There is no such thing as tax on currency? Assuming that it is not under the radar of the government or it must be trading under the radar Delete
Exactly how the salary is the most important element in any production process (not money) so that the pay rise will rise in price again we missed tearing down and we need to change the system fundamentally is what needs to be done 1 making any branch of the Bank of separate bank independent franchisee 2 . issuance of money by the state means that the Bank will provide 100 percent of the loan money against all 3 prohibition on charging fees 4 Bulk return the stolen money to its owner (it worthwhile option there is also the underlying public justice) 5 during the process should insure state civil monetary course bank reform should be integrated to other areas such as real estate and other competition Delete
Rising prices is not necessarily an increase in cost of living I am not talking here about the cost of living index, I'm talking about the standard of living if there is a price increase of 3% per year and my salary increased by 5%, experienced a decline in the cost of living of 2% (approximately). Your hypothesis columbia road flower market can not ever get wages relative to inflation does not meet the test of reality and history, and we are at a low point that is very similar to its lowest point in the 20th century. Delete
2: 59: What you are saying is not connected to reality. The index rose by 4 years officially less than 10%. My salary increased by 4 years practical columbia road flower market over 100%. So how in 2010 could not afford to rent an apartment in the center, holding a private car, travel abroad three times a year and even save (!!!) money every month - and now I live in outlying areas, passenger bus \ walk and abroad I remember pictures I took in the past? My standard of living is significantly decreased, the entertainment and restaurants, and I gave up a long time ago, a savings - I am satisfied with my study fund recently opened, and I say thank you I do not minuses. Poor dog, the year he was vaccinated at the time that I had to reject the charge several weeks so as not to get into a negative. In 2010 this would have happened with half salary. Explain columbia road flower market to me how your calculation connect with reality? (Of course, the calculation is not yours, but CBS, it seems you just those who believe in this figure) vehicle maintenance prices rose psychic, especially fuel. Housing prices jumped columbia road flower market so I ran away to the north, direct taxes, water, columbia road flower market electricity columbia road flower market and property taxes have nearly columbia road flower market doubled from 2010, every computer I purchase NIS supermarket to not exceed your budget, and I really do not understand how to fit in anyone who drinks or smokes - that these things came in dozens if not hundreds of percent since 2010, and I'm not talking at all about the real estate bubble began to develop here in in 2008. I speak only from 2010 to 2014 where I held an independent household. Luckily columbia road flower market I'm in the profession that allows me to significantly upgrade their wages, although these upgrades become less and less meaningful every year - and my next upgrade work involves crossing the center of the country very soon. (Addition of 3-4 hours a day on the road, today I am going to walk to the office) and all that - I'm very scared - I got almost a maximum wage in the country in my profession, and in any case all three shekels more I enter just one dollar salary columbia road flower market went to the bank. I still have another 30% roof additions my job career Net will not be so noticeable until I get to the index will rise another 10% (and 100% in practice) and not all are lucky like me. The majority of employees to less than 6,000 gross starting salary that is less work. Stage for the next upgrade I would have to pay to move abroad columbia road flower market ... something much more complicated and involves giving up life to maintain the standard of living is not so high in all case. Something everyone is talking columbia road flower market about for a long time and I'm columbia road flower market beginning to understand why. I live in a small housing periphery 40 travels by public transport. How low can you go? Hence to save remains only to give up the food, the dog and the air conditioner in the summer. Delete
I'm not a great expert but it seems to me that the increase in wages should lead to inflation and therefore a transfer of capital from lenders such as banks and bondholders to employees, as was the case of the best times of the 20th century. Wave of bankruptcies that you are talking about is temporary because debt levels down, but not zero the existing system, that someone should then take out a loan to pay the wages, is not it? thing is real and meaningful which is contrary to the trend in salaries of approximately +30 years very much driven by large forces without significant support counter that there is no chance to resist Delete Reply
Never debt levels over time can lose the existing method that does this all the financial system collapse. Usually what happens after the collapse of the bubble v
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