Saturday, March 8, 2014
Inflation
Inflation History Table
Inflation of common items over 40 years. With gold tacked on the end. There seems to be a meme at the moment about quite how much inflation the UK has had as a boiled frog so to speak.
Posted by stillthinking @ 03:30 AM (2355 views)
4 thoughts on “Inflation”
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hpwatcher says:
All due to inflation by government spending. Inflation is a money printing problem, when lots of fiat is chasing a smaller amount of goods.
Basically UK government has been on a dogmatic liberal spending spree for the past 40 years. All the daft notions that politicians have, that result in big spending, need to be paid for…so it’s the tax payer that picks up the tab.
Politicians should carry a health warning – they are bad for your savings.
khards says:
@hpwatcher – Don’t save in fiat money and you won’t have to worry.
hpwatcher says:
@hpwatcher – Don’t save in fiat money and you won’t have to worry.
Hahahah thanks but it’s okay, I’m already loaded up on PM’s.
Doahh says:
The article was written in 2014 but they choose the 2013 near peak price of gold at £1050. Normalisation or an attempt to make gold look like a fantastic investment?