{"id":328535,"date":"2024-11-16T14:37:19","date_gmt":"2024-11-16T13:37:19","guid":{"rendered":"https:\/\/zakrasnejsivimperk.cz\/?p=328535"},"modified":"2024-11-16T19:17:25","modified_gmt":"2024-11-16T18:17:25","slug":"vladimir-pikora-ceny-se-zase-trhaji-ze-retezu","status":"publish","type":"post","link":"https:\/\/zakrasnejsivimperk.cz\/?p=328535","title":{"rendered":"VLADIM\u00cdR PIKORA: Ceny se zase trhaj\u00ed ze \u0159et\u011bzu"},"content":{"rendered":"

\u010cesk\u00fd statistick\u00fd \u00fa\u0159ad (\u010cS\u00da) zve\u0159ejnil nov\u00e1 data o \u0159\u00edjnov\u00e9 inflaci. \u010c\u00edsla to jsou nehezk\u00e1. Ukazuje se, \u017ee tempo r\u016fstu cen zase nab\u00edr\u00e1 na obr\u00e1tk\u00e1ch. Inflace jako probl\u00e9m tedy ur\u010dit\u011b nen\u00ed vy\u0159e\u0161ena.<\/h4>\n

\"\"Mnoz\u00ed se p\u0159itom je\u0161t\u011b v\u010dera mohli domn\u00edvat, \u017ee se tohoto u\u017e nemus\u00edme b\u00e1t. To znamen\u00e1, \u017ee trend sni\u017eov\u00e1n\u00ed \u00farokov\u00fdch sazeb m\u016f\u017ee b\u00fdt p\u0159eru\u0161en, \u010di definitivn\u011b skon\u010den. Na levn\u011bj\u0161\u00ed hypot\u00e9ku proto nem\u00e1 smysl \u010dekat.
\nZ mezim\u011bs\u00ed\u010dn\u00edho pohledu rostou ceny o 0,3 %. Z meziro\u010dn\u00edho pohledu u\u017e ale rostou ceny o 2,8 %. To je ji\u017e dost, proto\u017ee c\u00edl centr\u00e1ln\u00ed banky \u010din\u00ed 2,0 %.<\/p>\n

Trh s touto inflac\u00ed po\u010d\u00edtal, st\u00e1tn\u00ed \u00fa\u0159edn\u00edci ne<\/h6>\n

Data v\u00edcem\u00e9n\u011b odpov\u00eddaj\u00ed o\u010dek\u00e1v\u00e1n\u00ed analytik\u016f. Nicm\u00e9n\u011b neodpov\u00eddaj\u00ed predikci st\u00e1tn\u00edch org\u00e1n\u016f, \u010cNB i ministerstvo financ\u00ed \u010dekaly m\u00e9n\u011b. Zvl\u00e1\u0161t\u011b ministerstvo financ\u00ed odhady inflace evidentn\u011b \u201epodst\u0159eluje\u201c. M\u00e1m pocit, \u017ee to je u\u017e n\u011bkolik\u00e1t\u00e1 statistika v \u0159ad\u011b, kde ministerstvo \u010dekalo lep\u0161\u00ed v\u00fdsledek. Za\u010d\u00edn\u00e1m m\u00edt pocit, \u017ee tato opakuj\u00edc\u00ed se chyba je politicky motivovan\u00e1, aby to vypadalo, \u017ee vl\u00e1da p\u0159ed\u00e1v\u00e1 ekonomiku v lep\u0161\u00edm stavu, ne\u017e jak\u00e1 je skute\u010dnost.<\/p>\n

Kdy\u017e se d\u00edv\u00e1me na mezim\u011bs\u00ed\u010dn\u00ed zm\u011bny cen, tak nejv\u011bt\u0161\u00ed jsou u potravin, kter\u00e9 zdra\u017eily o 5,9 %, co\u017e u\u017e je opravdu citeln\u00e9. Nejhor\u0161\u00ed je p\u0159itom r\u016fst cen vajec. Ta zdra\u017eila za m\u011bs\u00edc o 15,5 % a jsou na naprosto nesmysln\u00fdch hodnot\u00e1ch.<\/p>\n

Meziro\u010dn\u00ed srovn\u00e1n\u00ed ukazuje, \u017ee probl\u00e9mem jsou energie<\/h6>\n

Z meziro\u010dn\u00edho srovn\u00e1n\u00ed by mohlo b\u00fdt je\u0161t\u011b h\u016f\u0159, kdyby nezlev\u0148ovaly pohonn\u00e9 hmoty. Ale ty hlavn\u00ed komodity zdra\u017eovaly. Cena elekt\u0159iny je v\u00fd\u0161 o 10,5 %. Pokud takto n\u011bkdo vyt\u00e1p\u00ed d\u016fm bez sol\u00e1r\u016f, m\u00e1 probl\u00e9m. P\u0159\u00ed\u0161t\u00ed vl\u00e1da se bude muset zam\u011b\u0159it na to, aby trh s energiemi stabilizovala. Ur\u010dit\u011b bude t\u0159eba rozvinout trh s dlouhodob\u011bj\u0161\u00edmi kontrakty.<\/p>\n

Dal\u0161\u00ed polo\u017ekou, kter\u00e1 nehor\u00e1zn\u011b zdra\u017eila, je m\u00e1slo. To je dra\u017e\u0161\u00ed o 40,6 %. Bl\u00ed\u017e\u00ed se V\u00e1noce. Popt\u00e1vka po m\u00e1sle bude, ne\u010dek\u00e1m proto ni\u017e\u0161\u00ed ceny. Ty se mohou objevit jen tehdy, pokud si je obchodn\u00ed \u0159et\u011bzec vezme jako l\u00e1kadlo pro lidi. Ti, kdy\u017e u\u017e jednou budou v obchod\u011b, nekoup\u00ed jen m\u00e1slo, ale i dal\u0161\u00ed v\u011bci.<\/p>\n

Dal\u0161\u00ed zdra\u017een\u00ed p\u0159in\u00e1\u0161\u00ed \u010dokol\u00e1da. Ta podra\u017eila o 14 %. V zahrani\u010d\u00ed takov\u00e9 zdra\u017een\u00ed ale \u010dasto nevid\u00edme. Glob\u00e1ln\u011b zdra\u017eily kakaov\u00e9 boby, n\u011bkter\u00e9 \u010dokol\u00e1dy zdra\u017eily ale v\u00edce ne\u017e boby. Evidentn\u011b je zde probl\u00e9m \u010desk\u00e9ho maloobchodu, kdy zm\u011bna cen nem\u00e1 \u010dasto \u017e\u00e1dn\u00fd jin\u00fd d\u016fvod ne\u017e r\u016fst mar\u017ee.<\/p>\n

Chra\u0148te sv\u00e9 pen\u00edze<\/h6>\n

Kdy\u017e se pod\u00edv\u00e1me na r\u016fst cen dlouhodob\u011bji, vid\u00edme, jak pen\u00edze ztr\u00e1cej\u00ed svou hodnotu. Proti roku 2015 jsou ceny vy\u0161\u0161\u00ed o 52 %.<\/p>\n

Jin\u00fdmi slovy, ten, kdo neinvestuje, nech\u00e1v\u00e1 pen\u00edze ne\u010dinn\u011b v bance nebo doma, ten v\u00fdrazn\u011b ztr\u00e1c\u00ed. Dnes je nutn\u00e9 s pen\u011bzi pracovat. Jen pro zaj\u00edmavost. Zlato se za posledn\u00ed rok zhodnotilo v korun\u00e1ch o 42 % a Bitcoin v korun\u00e1ch o 123 %.<\/p>\n

Hlavn\u011b nev\u011b\u0159me, \u017ee s eurem by bylo l\u00e9pe<\/h6>\n

Kdy\u017e porovn\u00e1me r\u016fst cen s okoln\u00edmi st\u00e1ty, vid\u00edme, \u017ee euro zde nic neznamen\u00e1. N\u011bkte\u0159\u00ed indoktrinovan\u00ed propagandou si mysl\u00ed, \u017ee s eurem by rostly ceny pomaleji. Po p\u0159evodu inflace podle tzv. harmonizovan\u00e9ho indexu se ale ukazuje, \u017ee v N\u011bmecku rostou ceny pomaleji ne\u017e u n\u00e1s, ale na Slovensku rychleji. Ob\u011b zem\u011b p\u0159itom maj\u00ed euro. Fanatici vytahuj\u00ed t\u00e9ma eura jen tehdy, kdy\u017e se jim to hod\u00ed k oblbov\u00e1n\u00ed lid\u00ed.<\/p>\n

Z \u010dist\u011b makroekonomick\u00e9ho pohledu je zaj\u00edmav\u00e9, jak realita neodpov\u00edd\u00e1 teorii. Podle teorie by s n\u00edzkou inflac\u00ed m\u011bla r\u016fst nezam\u011bstnanost, proto\u017ee kdy\u017e ceny nerostou, je v ekonomice n\u00edzk\u00e1 popt\u00e1vka a nen\u00ed proto t\u0159eba tolik zam\u011bstnanc\u016f.<\/p>\n

Kdy\u017e ale zhruba p\u011btina pracovn\u00ed s\u00edly pracuje pro ve\u0159ejn\u00fd sektor, je jedno, jak se ekonomice da\u0159\u00ed. St\u00e1t u\u017e je moc rozbujel\u00fd a a\u017e moc lid\u00ed odch\u00e1z\u00ed do d\u016fchodu. Ekonomika pot\u0159ebuje struktur\u00e1ln\u00ed zm\u011bnu. O t\u00e9 se jen mluv\u00ed. Nepamatuji \u017e\u00e1dn\u00e9ho politika, kter\u00fd by vysv\u011btlil, jak to chce \u0159e\u0161it. Pot\u0159ebujeme jin\u00e9 politiky.<\/p>\n

 <\/p>\n

\n
\n

Vladim\u00edr PIKORA, hlavn\u00ed ekonom skupiny Comfort Finance Group<\/strong><\/p>\n

Ps\u00e1no pro Den\u00edk.to<\/p>\n

\n

 <\/p>\n

Jin\u00e9 p\u0159\u00edsp\u011bvky autora:<\/h6>\n

VLADIM\u00cdR PIKORA: Tohle u\u017e nen\u00ed rozpo\u010det, ale v\u00fdsm\u011bch!<\/a><\/h4>\n

VLADIM\u00cdR PIKORA: Inflace roste, ale vl\u00e1da \u0159e\u0161\u00ed sv\u00e9 platy \u2013 kdy se probud\u00ed?<\/a><\/h4>\n

VLADIM\u0154 PIKORA: M\u00e1me tajn\u00fd evropsk\u00fd dluh, ale nev\u00edme, jak ho \u0159e\u0161it<\/a><\/h4>\n

VLADIM\u00cdR PIKORA: Polsko n\u00e1s doh\u00e1n\u00ed ve v\u0161ech sm\u011brech. N\u011bkde je dokonce d\u00e1l ne\u017e my<\/a><\/h4>\n

VLADIM\u00cdR PIKORA: Ceny nemovitost\u00ed zase rostou. Hypot\u00e9ky sice klesaj\u00ed, ale nestoj\u00ed to za \u0159e\u010d<\/a><\/h4>\n

VLADIM\u00cdR PIKORA: \u010cesk\u00fd statistick\u00fd \u00fa\u0159ad dnes zve\u0159ejnil data o \u010dervnov\u00e9m v\u00fdvoji cen v\u00fdrobc\u016f<\/a><\/h4>\n

VLADIM\u00cdR PIKORA: \u00darokov\u00e9 sazby d\u00e1le v\u00fdrazn\u011b klesaj\u00ed<\/a><\/h4>\n

VLADIM\u00cd PIKORA: Inflace brzd\u00ed. Otev\u00edr\u00e1 prostor k mal\u00e9mu sn\u00ed\u017een\u00ed \u00farokov\u00fdch sazeb<\/a><\/h4>\n

VLADIM\u00cdR PIKORA: Pr\u016fmysl st\u00e1le pad\u00e1<\/a><\/h4>\n

VLADIM\u00cdR PIKORA: Re\u00e1ln\u00e9 mzdy zase rostou<\/a><\/h4>\n

VLADIM\u00cdR PIKORA: Benz\u00edn a nafta brut\u00e1ln\u011b zdra\u017e\u00ed<\/a><\/h4>\n
\n

 <\/p>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"

\u010cesk\u00fd statistick\u00fd <\/p>\n","protected":false},"author":2,"featured_media":328659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[11,85,121],"tags":[],"jetpack_featured_media_url":"https:\/\/zakrasnejsivimperk.cz\/wp-content\/uploads\/2024\/11\/14\/pikora-141124.jpg","_links":{"self":[{"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=\/wp\/v2\/posts\/328535"}],"collection":[{"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=328535"}],"version-history":[{"count":3,"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=\/wp\/v2\/posts\/328535\/revisions"}],"predecessor-version":[{"id":328660,"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=\/wp\/v2\/posts\/328535\/revisions\/328660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=\/wp\/v2\/media\/328659"}],"wp:attachment":[{"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=328535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=328535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=328535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}