 | DrumBeat: June 18, 2008 | The Oil Drum | Can A 'Shadow OPEC' of 'Global Guerrillas' Set Global Oil Prices? |  |
90 comments on UK Inflation: the only way is up, baby
Comments can no longer be added to this story.
User login
Personnel
Editors
Contributors
Peak Oil Primers
Archives
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- June 2006
- May 2006
- April 2006
- March 2006
Vital Trivia
License
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.
GAIA Host Collective
The ability to do simple arithmetic seems to be a skill totally lacking in both politicians and economists these days, alas.
This letter was written because the MPC allegedly failed to do what they are paid lots of money to do!
The MPC is tasked to control inflation of the money supply - this letter is about price rises which are the RESULT of inflation.
If they have done the job they are paid to do, because we will be spending more on energy and food we will have less for everything else - at the very least the economy will slow - plan accordingly!
I'm sure they can do math. There is just a problem of not looking at the sum and trusting that it should be taken as real, and not theory.
Just-In-Time planning. The boat isn't 'Really' sinking until my feet are wet. Then I can very quickly and clearly assess who apart from myself to blame.