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1% Inflation, eh? How Times Change

Tuesday, October 18, 2016 3:45
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(Before It's News)

Somehow the Grauniad manages to make the 1% announcement sound like something shocking.  Well, “City analysts had expected inflation to rise to 0.9%“  -  so Something’s Gone Badly Wrong.

Next, they’ll be telling us that soft house prices are an outrage.  If anyone could be arsed, I am guessing we could find past editorials stating how important it is for inflation to be somewhere around 2% and that soaring house prices are a blight on the younger generation.

Ho hum.


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