Monday, Apr 16, 2007
One of the key inflation measures up dramatically
Firstrung: Annual inflation for all manufactured products rose to 2.7 per cent in March - ONS
The infamous image to the left is of a German woman in 1923 burning the worthless currency to simply keep warm. We've provided a link to the search.com entry which discusses how the currency was hyper inflated at the time and the end result. No idea what house prices were at the time in the Rhine version of Gerrards Cross...
In March, output price annual inflation for all manufactured products rose to 2.7 per cent. Input price annual inflation rose from -1.2 per cent in February to 0.7 per cent in March...
Posted by converted lurker @ 01:39 PM (170 views) Add Comment
3 Comments
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1. paul said...
"The infamous image to the left is of a German woman in 1923 burning the worthless currency to simply keep warm."
It's probably a bit late to say this now but why doesn't she just put a coat on?
2. converted lurker said...
Perhaps she's cooking =;¬)
3. paul said...
In her chimney? Godd lawdy things were tough then.
Mind you, burning paper might have been cheaper than buying a coat .. 8-/