Cost of food items rocketing

Patch said:
The national debt is just noise. It does limit the interventions that the government can make but i can't see any logical connection. I imagine every country in the world has seen its national debt increase so we're likely still at the same comparative level.
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But but but during covid we were told by the government that comparing other countries was not to be done.

But yet now as it suits we can?
 


Patch said:
But Corbyn(?) Not sure where labour comes into this unless, as you've written, with a small "L".

All the government can do is try to help with the short term pain. Increased wages across public/private sector would just make the problem worse. The money needs to be targeted on those really suffering at the bottom.
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What sort of pay increase should somebody on 20k expect?
Patch said:
The national debt is just noise. It does limit the interventions that the government can make but i can't see any logical connection. I imagine every country in the world has seen its national debt increase so we're likely still at the same comparative level.
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It was headline news in 2010.
 
Ghfd said:
But but but during covid we were told by the government that comparing other countries was not to be done.

But yet now as it suits we can?
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National debt, consumer confidence and economic growth all influence exchange rates which in turn affect inflation. All I'm saying is that I don't believe national debt is currently a major factor in the weaker USD exchange rate. Higher interest rates in the US are likely the biggest factor.
 
Ghfd said:
I often wonder how those Tory fans behaved about the worldwide crash in 2009 or so, but that was labelled as labours fault, yet they now give a free pass to the tories with Ukraine and covid to blame. They also avoid the word brexit in their buck passing little game

Hey ho eh
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Exactly what the Tories have done on this thread. Got in quick and made sure that they balmed everything but their cluster fuck of a political party and Brexit.
 
Qwerty said:
@zinedine was on this thread like a flash to claim Ukraine and covid are the main cause of this inflation, rightfully so as well. However his denial that national debt and the weak pound are negative factors is worrying.
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Like a flash. :lol:
I just added to the thread which has upset you for some reason. Sorry I didn't go into tiny detail of percentages and every little factor of blame for the current crisis. Jesus wept.
 
zinedine said:
Like a flash. :lol:
I just added to the thread which has upset you for some reason. Sorry I didn't go into tiny detail of percentages and every little factor of blame for the current crisis. Jesus wept.
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The first person who asked for a breakdown of the percentage was you.
 
Qwerty said:
The first person who asked for a breakdown of the percentage was you.
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Because you were adding a factor that has nothing to do with the current rises. If you weren't making it up you would know what percentage was caused by the country having debt. I wasn't claiming something that wasn't a factor so I don't have to prove anything.
If our debt has increased prices it has always increased them so is is a constant, like vat. I'm amazed you can't (don't want to) see that.
I see the usual politics forum mob are on the thread accusing anybody they don't like of being a Tory. That's me out
 
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zinedine said:
Because you were adding a factor that has nothing to do with the current rises. If you weren't making it up you would know what percentage was caused by the country having debt. I wasn't claiming something that wasn't a factor so I don't have to prove anything.
If our debt has increased prices it has always increased them so is is a constant, like vat. I'm amazed you can't (don't want to) see that.
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The higher the debt the higher the negative impact on inflation.
Our debt and weak pound are having a negative impact on inflation. Inflation would still be high with less debt and string pound. I acknowledge that. However it wouldn't be as high.
 
Qwerty said:
The higher the debt the higher the negative impact on inflation.
Our debt and weak pound are having a negative impact on inflation. Inflation would still be high with less debt and string pound. I acknowledge that. However it wouldn't be as high.
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I edited the post and added to it at the end. It's now pointless saying anything else because anything said will be twisted. It's why I don't post on the politics forum. Might as well move this thread over there to the echo chamber.
 
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zinedine said:
I edited the post and added to it at the end. It's now pointless saying anything else because anything said will be twisted. It's why I don't post on the politics forum. Might as well move this thread over there to the echo chamber.
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Inflation linked threads should be in the politics forum I agree.
joemcdokes said:
As they have been for years you mean. :lol:
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I know personal debt is high but I'd imagine that's down to luxuries and gadgets. If good shopping is going on CC then that's really worrying.
 
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Qwerty said:
Inflation linked threads should be in the politics forum I agree.

I know personal debt is high but I'd imagine that's down to luxuries and gadgets. If good shopping is going on CC then that's really worrying.
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It might change peoples opinions on shit they don't actually need.
 

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