I cannot believe the jump in prices at the market in just the last month...
for the things I normally buy. There are some good finds on produce but everything else like milk, eggs, cheese, ect... has all jumped by at least 20% in the past 30 days.
which is the polar opposite of how inflation is supposed to be treated. All the old economic rules have been changed. What will be the ultimate result? Nobody knows.
of inflation in the UK in early seventies was the simple changeover to decimalised currency - there were no significant changes in interest rates here at that time.
There are a number of issues for which economic models simply do not account. The rate of increase of you money suppply, which is no longer published , is enough to spook anything you could possibly imagine.
Mind you, if everybody complains about their product quality and they're building middle classes, in theory our quality should be keeping us a step or two ahead.
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