Originally posted by vetran
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By far the biggest driver of inflation in the UK has been food.
Ham up 27% in a year for instance - perhaps not helped by the massive lack of Eastern European butchers to slaughter pigs recently?
Tomatoes 21% - food rotting in the fields currently because not enough, yes you guessed it, European labourers.
Have you tried sending a parcel to Europe recently? I can tell you that's massively more expensive, and time-consuming than it used to be.
Apart from that we have a third of SMEs who've given up exporting to Europe because of red tape, though that hasn't yet been applied to goods coming the other way.
Because of all this basket-casery, our currency has been depreciating heavily against the dollar and what does that do to the cost of imported goods (including oil) I hear you ask?
Or maybe not - you know the answer.
There are of course cognitive biases that cause people to be irrational, for instance if they've voted a particular way then they're a lot more likely to try and justify that, whatever the evidence.
The Brexiters are certainly pretty quiet on The Times comments sections these days however - not sure what it's looking like in the Daily Fail.
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