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Inflation

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Comments

  • Registered Users, Registered Users 2 Posts: 15,242 ✭✭✭✭Danzy


    My point is that Putin doesn't give a toss what Western Europeans want. If he can see a route to collapse the Western economy he'll take it.


    If Western Europe turned and said Donbas was now Russian, he would be disappointed but he would still cut gas and oil.


    He is thinking in terms of centuries, longer than lifetime.



  • Posts: 261 ✭✭ [Deleted User]


    When will that price decrease come into effect, if it does? Going to order oil soon. I see 1,000 litres has come down in price by €100 in last week. Still at €1,400.



  • Registered Users, Registered Users 2, Paid Member Posts: 1,383 ✭✭✭Sammy2012


    Was just going to ask the same question? I was quoted €1440 yesterday for 1000 litres. But am wondering now if it'll fall a bit soon. If it does I'll fill my tank and use it sparingly over the winter.



  • Registered Users, Registered Users 2 Posts: 453 ✭✭slystallone


    They are reaching the point of no return now really as everyone is just absolutely sick of the tiny portions. I think people would excuse the extra euro or 2 added on to the course if you got a decent amount but adding the price and reducing the amount on the plate is going to lose them custom.



  • Registered Users, Registered Users 2 Posts: 453 ✭✭slystallone


    The service is gone absolutely cat. They are just hiring a body now rather than a waiter/waitress. at least the manager you would think has to time to say to them 'greet the customer, offer them a table and menu' etc etc. a quick lunch now is nearly a 2 hour event due to slow incompetent staff.



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  • Registered Users, Registered Users 2 Posts: 5,217 ✭✭✭jackboy


    I think the decrease in customer service is the biggest issue. Spending a heap of money and being treated as a pain in the hole for entering the premises is not a good long term plan for the industry. Lately I have found the best and friendliest customer service has been in McDonalds, which is a big change.



  • Registered Users, Registered Users 2 Posts: 5,273 ✭✭✭xxxxxxl


    The the being a pain seems to be a theme in some of these places. Partner took out an older lady to one of them hipster coffee bars. Took them ages to get served and were treated like they weren't the right type of customer they would like. They were put at a table in the corner out of sight pretty much.



  • Registered Users, Registered Users 2 Posts: 507 ✭✭✭slay55


    ………



  • Registered Users, Registered Users 2 Posts: 4,675 ✭✭✭An Ri rua


    Interestingly, looking at www.cheapestoil.ie, Carlow is the cheapest, being 1350 Vs 1450 in Laois /Offaly/ Kildare. So it's quite clear that, while there's no doubt there's a local price battle, there's a serious amount of gouging going on.

    Based on $100 a barrel, prices should make their way back to perhaps €1100 for 1000l. We shall see.



  • Registered Users, Registered Users 2 Posts: 6,909 ✭✭✭brickster69


    With Kazakhstan's oil pipeline just shut down with it's 1.2 million barrels a day it may be wise to get stocked up. No guarantee like

    “Wars begin when you want them to, but they don’t end when you ask them to.”- Niccolò Machiavelli



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  • Registered Users, Registered Users 2 Posts: 8,184 ✭✭✭riclad


    The major problems we are facing right now are inflation and housing crisis, high rents. The government wants to spend 9 billion on building a metro to the airport which only people in one part of Dublin will use. Imagine if they spent 5 billion. building a solar panel network. Coastal wind turbines, this would reduce our reliance on gas oil imports. Then spend 4 billion on social housing or building houses rental units for people who earn less than 25k , put the metro link off till 2030 or lower

    Any new housing would have a clause this cannot be sold til 2060, its purely designed for young people or people on lower incomes

    If a house is a 3 bed it can only be rented to a single mother or 2 people , rent is based on your salary income, it goes up if your wage go, s up max rent is 140 euro

    Ordinary do basic things,prioritise tasks or goals eg the house roof is full of holes, let's fix the roof before you buy a new kitchen and buy double glazed windows

    People in a 3bed unit can opt to rent out one room tax free

    If we have 10 issues right now building a metro is maybe issue no 11,

    Theres taxis and bus, s running from the airport its not an urgent problem

    More young people should be encouraged to go to colleges where they are trained as carpenters builders maybe the courses are free or just a token fee

    We need more builders carpenters plumbers


    More supply in housing would reduce inflation by giving workers cheap places to rent



  • Registered Users, Registered Users 2 Posts: 8,235 ✭✭✭Pussyhands


    CB needs to shut up, been making wrong predictions all the way through on this. They are talking through their hole, trying to get people to believe it rather than what they believe.



  • Registered Users, Registered Users 2 Posts: 5,268 ✭✭✭PokeHerKing


    Where would you build all these houses? On top of existing overpopulated areas? At least if the metro ever does get built it puts infrastructure in place to service green areas that we could build houses on.

    A rediculous thought process for this country i know but building infrastructure before housing is a good idea.



  • Registered Users, Registered Users 2 Posts: 414 ✭✭dorothylives


    Possibly nothing to do with inflation or maybe companies tightening their belts and battening down the hatches, but I realised last night that many of the major advertisements have gone. There used to be constant ads from Harvey Norman, DID Electrical, Soundstore, Currys etc advertising computers, cookers TV's etc and their buy now pay later interest terms, couldn't tell you when I last saw one of their ads. The same with the ads for milk bread and meat. It looks like the budget for advertising is evaporating.



  • Registered Users, Registered Users 2 Posts: 414 ✭✭dorothylives


    It's a really difficult call to make. I was thinking of just filling gradually rather than in one fill as we've an expensive project going on in the house at the moment and we're trying to keep an eye on what we spend. This will be the last thing we get done in the house for a very long time. The price of oil keeps fluctuating and it's so hard to know what to do. I'm worried the price will go up and I'm wary that the government already raised the possiblity of fuel rationing coming down the line.



  • Registered Users, Registered Users 2 Posts: 37,405 ✭✭✭✭odyssey06


    You might onto something with the electricals, but I wonder is it a seasonal thing. Now we're into DIY season?

    Des Kelly Interiors... constant radio ads although that is for a 'remnants sale'.

    Woodies is doing a flying trade. Maybe they've copped they dont need to advertise.

    "To follow knowledge like a sinking star..." (Tennyson's Ulysses)



  • Registered Users, Registered Users 2 Posts: 16,096 ✭✭✭✭charlie14


    Wind energy is not reliable. You have only to look at the SEAI interim report for 2021 to see that. Last year while energy demand in Ireland rose by 4.3%, wind generated electricity supply fell by 15.8%. Overall renewable energy supply dropped from 42% in 2020 to 35% in 2021.

    The idea that somehow wind generated electricity will provide us with a 100% secure and reliable source is fallacy. Winter of 2021 and Spring of 2022 wind powered generated energy to the national grid for sustained period was 6% and lower. Had we 16X times as many wind turbines we still would not have had a sufficient supply to fulfill demand and would have experienced electricity supply blackouts.

    Neither has renewable energy provided us with cheaper electricity which not long ago was one of the claims. Even in 2020 when we had 42% of our electricity supplied by renewables, (along with Germany one of the highest percentages in Europe), both of us were in the top 4 for the most expensive electricity in the E.U.



  • Registered Users, Registered Users 2 Posts: 414 ✭✭dorothylives


    I was wondering if it was more to do with not wanting to have to many customers with credit they can't pay back. Also, the cost of advertising must be massive. Harvey Norman was the old reliable, there was usually the ads for beds and cookers/fridges etc as well as their sales. It just occured to me last night that most of the regular companies don't seem to be spending the money on advertising. As you say, maybe they don't need to.



  • Registered Users, Registered Users 2, Paid Member Posts: 1,383 ✭✭✭Sammy2012


    It's fell almost 100e on a thousand litres as of this morning. 1350 verus 1440 from my supplier



  • Registered Users, Registered Users 2 Posts: 8,235 ✭✭✭Pussyhands


    Nice 8% rise for UB employees this year...this is going to lead to more inflation.



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  • Registered Users, Registered Users 2 Posts: 7,625 ✭✭✭fliball123


    How many UB workers will be actually working in Ireland when they pull out of the country fully by the end of next year??



  • Registered Users, Registered Users 2 Posts: 414 ✭✭dorothylives


    I'm thinking about next winter and next year and the next couple of years that are filled with serious economic uncertainty for many people around the world. What Putin wants doesn't matter a damn. What he's doing in Ukraine is appalling but Russia always has and always will be a convenient scapegoat for world leaders. So fricking dangerous in Kyiv Meehole went for a wander in his suit. Honestly, at this point I just want the Ukrainians to go home and rebuild their country and let us get on with life. No reason for em to be here anymore.



  • Posts: 25,909 ✭✭✭✭ [Deleted User]


    image.png

    It's gonna peak soon. This time for sure.



  • Registered Users, Registered Users 2 Posts: 16,096 ✭✭✭✭charlie14


    It would make no difference to electricity costs no matter how many wind farms you build off shore or anywhere else. Wind energy, or indeed any form of renewable energy, has not reduced bills by a red cent and never will while the greens driven E.U. policy exists of marginal pricing.

    All it has done is make so much profit for renewable energy companies that the E.U. who put the policy in place has "suggested" that individual countries impose windfall tax on these companies.



  • Registered Users, Registered Users 2 Posts: 8,184 ✭✭✭riclad


    I would cycle from santry to blanchardstown once a week , years ago, there's large parts of Dublin that are empty spaces , I'm not saying build houses just in dublin, build in Cork, Galway, limerick, wherever there is demand , the point is we need 100k plus new houses, apartments, building a metro will. Likely make inflation worse as it will take away 1000s of skilled workers that could be building houses also the government owns large land sites all over the country

    Are you saying there's no land left to build houses in Ireland.? Really?

    this is not Hong Kong,

    Wind farms solar reduces our reliance on paying for oil gas from country's outside the EU

    Most people prefer to buy a car than rent a car every week I have no problem with company's making profits as long as they compete with each other and are properly regulated as long as they are not owned by Russia or China . Yes wind power only works when its windy, I think 35 per cent plus power in Ireland is green energy .


    Big company's can see the recession is coming, inflation is a major problem. The boom is over. Of course they will cut back on advertising. People will be cutting back on buying luxury items , iPhones, new laptops. Luxury items, expensive meals in posh restaurants

    More housing helps everyone as it means young workers have more choice as to where to work and live. Also gen z at some point will. Need to settle down and have kids , they can't do that in a 1 bed flat in rathmines

    Maybe in 5 years time look at the situation Re the metro I just think right now reducing inflation plus solving the housing crisis is way more important than build a metro link



  • Registered Users, Registered Users 2 Posts: 3,227 ✭✭✭Sweet.Science



    The 30 year leases our Co Councils took out with these funds probably looking like a bad idea already. Who would have guessed .



  • Registered Users, Registered Users 2 Posts: 33,195 ✭✭✭✭blanch152


    Most of the current provision is on-shore wind, which is not as reliable as off-shore wind.



  • Registered Users, Registered Users 2 Posts: 33,195 ✭✭✭✭blanch152


    That depends on the contractual arrangements for rent increases.



  • Registered Users, Registered Users 2 Posts: 33,195 ✭✭✭✭blanch152


    If Dublin is to prosper, building the metro together with DART West and DART SouthWest are absolutely key. No more houses can be built in Dublin without these key transport infrastructure measures as people can't get around as it is. BusConnects will help, but it is only a temporary measure, and many will be replaced by LUAS lines in the longer run.



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  • Registered Users, Registered Users 2 Posts: 3,227 ✭✭✭Sweet.Science


    If you invest millions upon millions into property you'd assume these things are built into the contracts



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