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Inflation up again CPI 3.2% RPI 4.5%
Comments
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And perhaps that is the right policy?
I think there is a deliberate policy to keep inflation on the up for as long as possible. The aim of this is to ease the pain of the over the overstretched - individuals, corporations and the government.
I dislike this as it is basically bailing out those who have bust themselves at the expense of the prudent.
But, if I were them I would do the same. It is the least bad of a set of bad options imo.0 -
Except that if the overstretched went broke the prudent (unless they had gold under the mattress) will lose out as the banks fail.I think....0
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