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Get ready for massive price rises soon...

By: Alternative4u [16-February-10 5:08PM]
91 posts
Business picture

The UK is going to see inflation like we have not seen for many years, the Government figure they tell you will be under 5% but prices due to everything we use in the UK being imported is already running at 9% and by July the real true figure is going to be around 12% and it is simply because we are printing money in the bank of England, wow we are going to be badly hit and if anyone is on low wages or benefits these will be badly hurt indeed.
David
__________________
www.Alternative4u.co.uk

Re : Get ready for massice price rises soon


Tim Briggs [19-February-10 12:47PM]
714 posts
Business picture

This is interesting.

If prices really do go up that much then we are all going to be screwed, to use a technical economics term!!!

Presumably given there are so many people out of work or on long term government benefits, if prices rise that much then benefits will have to go up, which means the hamsters on the wheel of work are going to have run even faster to stay where they are

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