UK inflation posts unexpected rise in March

[BrilloPad]

See the news tonight?

Looks like BoE finally moved on from just a blip to expect inflation to remain high.

I bet it don't stop them printing money.

[BigTime]

I bet it don't stop them printing money.

Aye. We've pulled the avoiding deflation one too many times and it's obvious we need to keep printing to survive so let's crack on.

[OwlHoot]

I am still trying work out what the downside of inflation is. Unless you are a saver it is not clear. To me anyway.

If we're talking about deliberate inflation, contrived to stimulate the economy, I suppose one downside is that it tends to stay around and worsen once it has done its job.

A bit like lighting a fire to stay warm in a woodchip warehouse, or like Romano-Britons hiring Saxon mercenaries to fight each other in the 400s - Before they knew it the Saxons were taking over.