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stop buying stuff you don't need. you have to down size your demand of a home until it represents full mortgage payments until it represents a third of your income. simple rules. eradicate your credit card debt. that will cost you a fortune. that credit card stuff, forget it. then when you look at the home, just go back to the envelope. does it take more than a third of our combined income to pay the mortgage? if it does, down size the house. make it smaller. >> martha: a lot of people are doing that. changing what they're looking for. maybe getting into a smaller home. we've heard recently that people are 36 years old on average before they have had their first home. at some point don't home prices have to come down to sort of meet people where they are or not? >> depends where you are. the coastal states, places like miami, extremely strong markets. that's the result that 40% of people that used to work in offices before the pandemic now
less i think than many of the other categories. but what -- you just told me is, well, the shares of spending is more, so it's not all about an increase in prices. and that's just because bought a lot of stuff during the pandemic. now they're actually sick of buying stuff. so we're seeing people, you know, they're interested in buying refurnishing their home or buying a new appliance, that's not as strong as it was, but people are interested in spending more in services. that's been one of the things people have been concerned about is we knew inflation, which was primarily driven by rising prices for goods early on would spill over to services. and what we've seen is that inflation and the price of goods has come down, and in some cases the price of new cars, these things have really slowed. and in some cases we've even seen reversals a little bit. so deflation, prices coming
so they could get down the stairs. and if you hadn't done that, they wouldn't have able to get down. no, they'd have been gone. what's your view on e—scooters and e—bikes? never have another one. when we're buying stuff, we're assuming it's safe. e—scooters and e—bikes can be an environmentally friendly, safe way of getting about. they're powered by lithium ion batteries, which contain a large amount of energy in a small space. but this is thermal runaway demonstrated in a lab. if a cell in a faulty battery heats up uncontrollably, a devastating chain reaction can follow. the owner of this electric bike was lucky to escape unharmed. in illingworth in west yorkshire in february, an electric motorbike was left on charge overnight. four people were taken to hospital. luckily none of their injuries were life—threatening. sophia was staying at her boyfriend's house in london on new year's day. a bike that had been
wandering around and actually exerting calories. for me it's anything that i can eat with one hand and don't actually have to look at it. so fries in a bag or something where you're reaching over and you're driving with one hand and you're kind of eating like that. but you can't actually look. so it has to be something relatively simple and not too messy. although i will say, beef jerky, i'm also all in on that. >> mike: that sounds like a professional road tripper. how about you kevin corke. >> perky jerky is the way to go call colin could you heard he'll tell you. my favorite thing on the road is to stop at crackle barrel then again i'll eat that anytime i love it one of my favorite places to go and i always end up buying stuff in the store you know the store you see when you're checking out that's where i like to go. >> mike: maybe all my years in texas but i find myself looking for the dq when i'm on the road trip so whether it's the jersey shore or texas, i seem to find
here and in devon because it's a beautiful part of the world i and we pay it abroad without questioning. so maybe we should here. there's a similar debate in wales whether we should have a tourism tax or a levy. anything that helps keep local people employed i think is a good thing. if the money stays locally, it's a great thing. if itjust goes out with other people that i think it's not so good for the local people. at this holiday park above the town, though, there's less of a warm welcome. accommodation providers tend to be the ones who collect any contributions. i already pay my business rates, i pay the bids levy and suddenly there's something else potentially going to be put on as well. so i do have a lot of questions. and it's argued already visitors contribute in a way. so this could put people off. in effect they do. if they're buying stuff locally, if they're paying for accommodation, then they are providing employment for a lot of local people. if the message to go out is, well, we don't want visitors to come to st ives, put a levy on them. i think from a pr point of view it could be very damaging.
and its position is not being challenged. the threat from the dollar is that it's value goes down, our prices go up. if biden's economic poehlers move the dollar down, import prices go up and we all feel more pain from inflation. that's the problem with the dollar. not its dominance worldwide. >> steve: right. stuart, just perfectly set up what we want to tell you next. when the dollar value goes down, prices go up. so, fox news did a poll and we asked are you very or extremely concerned about what? the number one issue, 92% of parents say it's inflation. and it's higher prices. think about it, if you are a parent, you have got kids. you are not just buying stuff for yourself. you are buying stuff for your kid. and it's just gone up exponentially. >> brian: where is stormy
be rationed-— leeks may be the next vegetable to be rationed._ i _ leeks may be the next vegetable to be rationed._ i will - leeks may be the next vegetable to be rationed._ i will leavel be rationed. not leeks! iwill leave it at that, i— be rationed. not leeks! iwill leave it at that, l don't _ be rationed. not leeks! iwill leave it at that, i don't want _ be rationed. not leeks! iwill leave it at that, i don't want to _ be rationed. not leeks! iwill leave it at that, i don't want to cause - be rationed. not leeks! iwill leave it at that, i don't want to cause a l it at that, i don't want to cause a stampede at the supermarket. but apparently leeks. but people are buying stuff, we would normally never eat tomatoes cucumbers and now it is we better get tomatoes! i5 it is we better get tomatoes! i3 only so many cucumbers you can get in yourfridge before only so many cucumbers you can get in your fridge before they go off and leeks when you find them, a lovely smell and an article in the mail today funny smells might be a sign that you are stressed. interesting science behind this. you know when you are feeling stressed and you will is a hormone cortisol, it makes you hypervigilant. fiic to it makes you hypervigilant. 0k. to smells. it makes you hypervigilant. 0k. to smells- so — it makes you hypervigilant. ok. to smells. so if you're wondering around thinking the bin, the kids's sports kits, the kids... around thinking the bin, the kids's sports kits, the kids. . ._ sports kits, the kids... yourself, in my case- _ sports kits, the kids... yourself, in my case- if — sports kits, the kids... yourself, in my case. if they _ sports kits, the kids... yourself, in my case. if they are _ sports kits, the kids... yourself, | in my case. if they are particularly smell it in my case. if they are particularly smelly it may _ in my case. if they are particularly smelly it may be _ in my case. if they are particularly smelly it may be an _ in my case. if they are particularly smelly it may be an indication - in my case. if they are particularly smelly it may be an indication you are stressed. it's true, when i'm feeling a little bit... it’s feeling a little bit... it's interesting _ feeling a little bit... it's interesting because - feeling a little bit... it's interesting because sometimes you do notice smells more but you assume it's because it is there and normally it is not. it
natural gas and of course, grain. that -- they're buying stuff from russia, which helps the russian economy and the russian government get the money to pay for the conduct of its war so they're clearly not neutral but the good point is they have not provided military assistance, direct military assistance and we hope that the u.s. warning about providing lethal aid will have some impact and stop them from doing so. nonetheless, you know, just calling for a seize fire without calling for russia to withdrawal from its occupied territories within ukraine really means nothing. >> obviously, you pointed out the united states trying to dissuade china from providing that lethal aid. how likely is it do you think beijing will adhere to the warning? >> well, really, depends on having a united front among not just the united states but all of its allies. we need to make sure that if they were to provide some sort
industry?— isn't it, for the german industry? that is another remarkable _ industry? that is another| remarkable development, industry? that is another- remarkable development, that over the past two decades, europe in general but germany specifically have been very successful notjust in buying stuff from china but also selling stuff to china. the us is roughly importing the same amount from china so as a supplier it is equally important but europe sells 60, 70% more than the us to china and that amount has growing much faster as well, so china reopening is a positive story for europe, for germany specifically especially relative to the us. mil specifically especially relative to the us. all right, thank you — relative to the us. all right, thank you so _ relative to the us. all right, thank you so much - relative to the us. all right, thank you so much for- relative to the us. all right, l thank you so much forjoining us. to the us now, where investors on wall street have been cheered by a steep fall in the rate of inflation. the consumer price index fell to 6.5% in december, that's down from a peak of over 9% over the summer. it could give the central bank, the us federal reserve, some leeway to ease off on its programme of steep interest rate rises. inflation has been a huge issue for americans as it has been