Latest manufactured Govt Stats show us at zero inflation? On whose radar?
They're always keen to use 'lower petrol prices' as an indicator and yet since the last
time they rolled out the inflation figures petrol prices have crept back up and by quite a bit, ok not as high as a year ago but higher than a few weeks/months ago.
Also, they quote lower food prices but what regard is paid to same product/same price but lower quantity? the so called 'shrinkflation' and where percentages in inflation are measured in increments of 0.1% the products being downsized are usually over and above 5%.
I'd go with the idea that consumers don't like the downsizing and would rather pay more for the same rather than pay the same for less, informed choices and all that.
Of course manufacturers will quote rising production costs, which is to a degree probably right but then those 'rising costs' would if filtered through have n affect on inflation.
I haven't noticed any difference in energy bills, what they're supposed to be giving you back is then countered by hidden costs/fees.
In this 2013 link you can see just how much some products were reduced by percentage wise
Inflation at zero? Nice try but defo no cigar.
So if it aint goin' up how the fuck is it inflation ?? Or is sinking the new floating in political speak?
Of course we don't believe the shite they tell us anyway.
petrol should be much lower than it is. i have noticed its stuck at the current price at the pumps but what can you do, you need to use the stuff.
lower food prices?
not in my basket. what was a daily trip to get food for work has increased by 90 pence yet i am buying the same items.
it doesnt matter which supermarket you use what is cheaper this week in asda is next week in sainsburys.
talking of sainsburys they are cheeky. i was buying a drink from them which was £2. this week i went to purchase the same drink and at the checkout it was now
how does that happen?
LPG use to be only the more popular it gets higher the price will be
I'm thinking about converting my diesel to run on LPG. It depends on the price of LPG in the next few months.
Ah, well you see, I didn't say I was going run purely on LPG. If I fit LPG it will be as an induction kit to improve combustion of the diesel. Diesel engines burn approx 85-90% of the fuel; by adding LPG to the diesel/air mixture you can improve that to 95%, so you extract more power/energy from the diesel, plus the engine runs a lot cleaner.
you could use N2O to do exactly the same thing, a cleaner burn with greater fuel efficiency i.e. more bang for your £....
Top fuelers at drag racing are notorious for running N2O and they are very efficient...... :-)
inflation :- an increase in the money supply by the central bank (b.o.e.)
deflation :- a decrease in the money supply by the central bank (b.o.e.)
it would be correct to say that we are in a deflationary period, a general fall in prices worldwide but the immediate benefit of which are not filtering through to the average consumer due to monopolisation of basic necessities by big business and their protection by the best politicians money can buy. i.e. transportation and energy supply.
the immediate benefits will be offset by production job losses anyway.
any fool who believes that we came out of recession after the 2007 crash of the financial markets is living in mainstream propaganda land.
the only increase in production (generally, although there will be isolated pockets i.e. jaguar landrover) will be arms production for the next war they will want to tax us for and send our kids off to die in.
there will likely be more benefits doled out to finacial institutions (too big to fail) and more austerity for the rest of us (too small to save)
we will have 12 billion in cuts and they will have more taxpayers money. funny kind of capitalism for the majority and socialism for the banks and big business.
so expect more demonisation of foreign governments and their leaders in order to justify regime change and drop democracy/peace bombs on them and expect your selected members of parliament to promise you the promised land until there are elected. just like your pensions really, disappear the day you go to collect.
unfortunately, with so many regimes armed to the teeth with nuclear weapons and washington and london hell bent on suppressing every other nation into vassel states and cash cows, we are in for a rough ride to reset the debt burden and pass it on to others.
we no longer have a commonwealth to exploit and the american empire is at overstretch militarily so they will probably opt for the nuclear option if russia and china refuse to roll over and accept western dictat.