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coupled with this moment last month from a Bank of England economist it's been a great stretch for open contempt of the working class in the UK, it seems
“Somehow in the UK, someone needs to accept that they’re worse off and stop trying to maintain their real spending power by bidding up prices whether through higher wages or passing energy costs on to customers etc,” he told the Beyond Unprecedented podcast from Columbia Law School.
"The problem is we’ve been decades now without inflation, we’ve come to regard it as some kind of given right."
Just a note to Ms. Widdecombe's interpretation of Inflation rates in the United Kingdom:
The inflation rate for consumer prices in the United Kingdom moved over the past 62 years between 0.4% and 24.2%. For 2022, an inflation rate of 7.9% was calculated.
During the observation period from 1960 to 2022, the average inflation rate was 5.2% per year. Overall, the price increase was 2,052.01%. An item that cost 100 pounds in 1960 costs 2,152.01 pounds at the beginning of 2023.
For March 2023, the year-over-year inflation rate was 8.9%. This includes energy (+39.7%) and food (+19.2%).