taxman Posted June 14, 2011 Share Posted June 14, 2011 Never mind, analysts say rising energy prices meant inflation was likely to resume its upward path in the coming months. "With the announcement of higher utility prices coming through by the summer, there's a good chance we'll be looking at a 5% plus inflation rate by the autumn" Link to comment Share on other sites More sharing options...
chem1st Posted June 14, 2011 Author Share Posted June 14, 2011 http://www.telegraph.co.uk/finance/personalfinance/consumertips/household-bills/8572976/Pensioners-and-poor-hit-worst-by-inflation.html Pensioners and poor face the highest rates of inflation.. Link to comment Share on other sites More sharing options...
crookesey Posted June 14, 2011 Share Posted June 14, 2011 http://www.telegraph.co.uk/finance/personalfinance/consumertips/household-bills/8572976/Pensioners-and-poor-hit-worst-by-inflation.html Pensioners and poor face the highest rates of inflation.. Would pensioners include professional ex public sector employees on mega pensions? Public sector workers are now being asked to work for the same length of time as the common people, that will never do. Link to comment Share on other sites More sharing options...
matsalleh Posted June 14, 2011 Share Posted June 14, 2011 http://www.telegraph.co.uk/finance/personalfinance/consumertips/household-bills/8572976/Pensioners-and-poor-hit-worst-by-inflation.html Pensioners and poor face the highest rates of inflation.. Not quite true though is that statement? The rate of inflation is the same for everyone.What has always been true is that the poorer people have always paid a larger percentage of their income (or capital) than the better off.For everything they buy. So how would you rectify that,bring back Robin Hood? Link to comment Share on other sites More sharing options...
Bulgarian Posted June 14, 2011 Share Posted June 14, 2011 Just bake your own out of what ? dust and bile ? Link to comment Share on other sites More sharing options...
Mecky Posted June 14, 2011 Share Posted June 14, 2011 I don't think there is hidden stealth, it's blatant steam rollering ... and that applies to most people residing in the UK. Gauranteed they will be some who have the means to pay their dews but are not doing so though Link to comment Share on other sites More sharing options...
Obelix Posted June 14, 2011 Share Posted June 14, 2011 Still waiting for you to answer that question you are hoping will go away Mecky. Which Govt had 25% inflation then? Which Govt devalued the pound. Well? Link to comment Share on other sites More sharing options...
taxman Posted June 14, 2011 Share Posted June 14, 2011 Would pensioners include professional ex public sector employees on mega pensions? Public sector workers are now being asked to work for the same length of time as the common people, that will never do. Aw diddums. Public sector workers include some of the lowest paid people in the country and the vast majority of them don't get the sort of pensions given to Fred Goodwin. So why aren't you directing your bile at him and his banking chums? Would you class him as "common people"? He's private sector so according to your bizarre logic he must be. Link to comment Share on other sites More sharing options...
chem1st Posted June 14, 2011 Author Share Posted June 14, 2011 Not quite true though is that statement? The rate of inflation is the same for everyone.What has always been true is that the poorer people have always paid a larger percentage of their income (or capital) than the better off.For everything they buy. So how would you rectify that,bring back Robin Hood? The inflation of certain things are measured to determine inflation. Some rise faster than others. Some fall in price whilst inflation is high. The things rising in price the most are the things purchased by the poor. And they have been doing so for a long time. And for all intents and purposes, new labour was a tory government continuing many of Thatcher's policies. Link to comment Share on other sites More sharing options...
RonJeremy Posted June 14, 2011 Share Posted June 14, 2011 It's idiotic statements like the OP that has encouraged me not to post on this forum for some time. Link to comment Share on other sites More sharing options...
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