Have to get inflation under control. Keeping rates high will stop people frittering away money on frivolities such as food and fuel.
Gotta feel for these corporations. They’ve got no choice but to put their prices up if everyone else is doing it.
On other words “we might as well just raise prices again because peolle just bend over and take it without doing anything”
Inflation is a made up concept that is just the banks, the government and big corps all in bed with each other competing for the biggest profits.
This seems like a conspiracy to me coz thee companies are raking it in
Our Software company put prices up by 20% and we didn’t lose any business. Our resellers just passed the prices on. We all got inflation beating pay rises though. Im not sure if that’s indicative of the wider economy but it did start with people demanding pay rises first. The company obliged and did what they had to make it happen.
This is cos of the ring doorbell thing isn’t it? That’s what did it
It is the time of the year after all. Definitely not related to minimum wage be raised in April.
But wait, Rishi ‘gOt iNflaTioN uNdeR coNtroL’, didn’t he?! That’s what he told us a few days ago, fucking cunt.
Adopt Minimalism and buy fuck all. Vote with our pockets
Inflation has been forecast to bump up early this year before falling again, for ages. This is not news.
The government will keep quiet about the raise, then shout how great they are from the rooftops when the energy price cap drops by over 10% in April
UK Gas decreased 15.11 GBp/Thm or 18.72% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, UK Natural Gas reached an all time high of 800.00 in March of 2022. UK Natural Gas – data, forecasts, historical chart – was last updated on February 10 of 2024.
Currently trading at 66.00….
So if you have money to put into bonds with these high interest rates you still get screwed by inflation. The super rich avoid tax and suck up all the wealth, the rich get poorer and the poor get starved to death.
Inflation rises based on the price of goods, goods then go up in price to reflect inflation… Eli5 how’s it’s not just a self perpetuating cycle helping to keep the poor poor and the rich rich
Im not realy surprised that interest rates are being slower to fall than expected, just based on how quick they rose despite what they expected.
15 comments
Have to get inflation under control. Keeping rates high will stop people frittering away money on frivolities such as food and fuel.
Gotta feel for these corporations. They’ve got no choice but to put their prices up if everyone else is doing it.
On other words “we might as well just raise prices again because peolle just bend over and take it without doing anything”
Inflation is a made up concept that is just the banks, the government and big corps all in bed with each other competing for the biggest profits.
This seems like a conspiracy to me coz thee companies are raking it in
Our Software company put prices up by 20% and we didn’t lose any business. Our resellers just passed the prices on. We all got inflation beating pay rises though. Im not sure if that’s indicative of the wider economy but it did start with people demanding pay rises first. The company obliged and did what they had to make it happen.
This is cos of the ring doorbell thing isn’t it? That’s what did it
It is the time of the year after all. Definitely not related to minimum wage be raised in April.
But wait, Rishi ‘gOt iNflaTioN uNdeR coNtroL’, didn’t he?! That’s what he told us a few days ago, fucking cunt.
Adopt Minimalism and buy fuck all. Vote with our pockets
Inflation has been forecast to bump up early this year before falling again, for ages. This is not news.
The government will keep quiet about the raise, then shout how great they are from the rooftops when the energy price cap drops by over 10% in April
UK Gas decreased 15.11 GBp/Thm or 18.72% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, UK Natural Gas reached an all time high of 800.00 in March of 2022. UK Natural Gas – data, forecasts, historical chart – was last updated on February 10 of 2024.
Currently trading at 66.00….
So if you have money to put into bonds with these high interest rates you still get screwed by inflation. The super rich avoid tax and suck up all the wealth, the rich get poorer and the poor get starved to death.
Inflation rises based on the price of goods, goods then go up in price to reflect inflation… Eli5 how’s it’s not just a self perpetuating cycle helping to keep the poor poor and the rich rich
Im not realy surprised that interest rates are being slower to fall than expected, just based on how quick they rose despite what they expected.