Saturday, May 17, 2008
Cartoon
Telegraph: Cost of Living
Cartoon on the cost of living and press previous for one on Gordons re-launch
Posted by who stole my pension? @ 03:08 PM (278 views) Add Comment
4 Comments
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1. planning4acrash said...
Nah, the cost of living is still the same. The value of Sterling is what's gone down.
2. jack c said...
Interestingly the cartoon almost depicts what happened in Germany during the war years ie where a women had a basket full of money and she was mugged - they dumped the cash and took the basket becuase it was of real value.
3. Mytimeisnigh said...
But I though inflation was only running at 3%.....
4. uncle tom said...
Jack,
Sorry to be a pedant, but the German hyper-inflation was around 1923 when they were faced with massive reparation demands following WWI, and printed their way to a solution.
Whether the story is actually true is debateable!