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The Inflation rate used to be directly linked to soaring house prices and spiralling wage demands. But it is now rising despite both those items flatlining. Clearly the criteria used to measure the inflation rate has changed. So the answer must be to simply measure the inflation rate against items that are decreasing in value and hey presto....fixed!
Even if interest rates quadruple, 2% is still very, very low.
If that is the straw that breaks the camel's back it just goes to show just how ****ed up the country is. Still, where in the world isn't ****ed up at the moment?
WHS
People borrowed when interest rates were 5%+, they should be glad interest rates don't go up to 10%.
Even if interest rates quadruple, 2% is still very, very low.
If that is the straw that breaks the camel's back it just goes to show just how ****ed up the country is. Still, where in the world isn't ****ed up at the moment?
Does this mean the real inflation rate is in 3 figures now?
I've just bought a budget camera for £20 more than it cost 6 months ago, and as it turned out this 1 year old camera was the best model I could find for a budget price.
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