I can't see how the Bank of England nor the Government can say this.
Or is it the Economists who look at long term models and not Common Sense.
I highlighted a few months ago that Inflation has to go up more than the Economists expected, becuase of the huge increases in day to day living.
Utilities up about 75% over the past 3 years
Raw materials way up.
Petrol now 50p higher than it was when it was at the current price before.
Liquid Gas for cars up double.
Insurance 30% up again
Everything ALL adds up.
This is why I have said for months that something has to give.
Expect more riots in October, but more vicious!
http://www.telegraph.co.uk/finance/economics/8703792/UK-inflation-rises-more-than-expected.html
Or is it the Economists who look at long term models and not Common Sense.
I highlighted a few months ago that Inflation has to go up more than the Economists expected, becuase of the huge increases in day to day living.
Utilities up about 75% over the past 3 years
Raw materials way up.
Petrol now 50p higher than it was when it was at the current price before.
Liquid Gas for cars up double.
Insurance 30% up again
Everything ALL adds up.
This is why I have said for months that something has to give.
Expect more riots in October, but more vicious!
http://www.telegraph.co.uk/finance/economics/8703792/UK-inflation-rises-more-than-expected.html
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