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My grasp of economics is not so good - but it seems that most of the levers for inflation are actually government controlled:
Utilities: monopolostic entities recently allowed to raise prices well above inflation -water alone went up 20% last year. Strategic planning would leave UK less vulnerable to price swings
Fuel - ok oil is at $70 @barrel but tax is the major component of price at the pump reduce the tax component to stabilise prices, help industry and economy - may mean less to give to Africa but who really gives a feck about Africa
Used to be pay rises that raised inflation - with all the immigration I think pay has stabilised to reflect increse in labour pool
How fortunate for governments that the people they administer don't think
House prices will rise due to demand.
Pay rises will fall and hence inflation will fall.
They will wipe my bum when I'm older.
We won't have any of them nasty skills shortages.
I'm just annoyed the government seem to think 1,000,000 a year is enough.
My grasp of economics is not so good - but it seems that most of the levers for inflation are actually government controlled:
Utilities: monopolostic entities recently allowed to raise prices well above inflation -water alone went up 20% last year. Strategic planning would leave UK less vulnerable to price swings
Fuel - ok oil is at $70 @barrel but tax is the major component of price at the pump reduce the tax component to stabilise prices, help industry and economy - may mean less to give to Africa but who really gives a feck about Africa
Used to be pay rises that raised inflation - with all the immigration I think pay has stabilised to reflect increse in labour pool
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