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A world without inflation
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<blockquote data-quote="som farmer" data-source="post: 8198071" data-attributes="member: 86168"><p>on that note, roman wheat, at todays value, would be £4,000/t or more.</p><p>a rising inflation rate, is brilliant, for guv, or anyone else, with borrowed money, reduces the debt. For most, its a f-ing pain.</p><p></p><p>But it was bound to follow covid, huge amount of upheaval, from the normal run of things. And inflation is global, nor is there much, other than raise interest rates, that can negate it.</p><p>The guv, takes a lot of criticism, for its handling of covid, a shaky start, soon changed to the world leading country in the fight for controlling it. Likewise, till Ukraine, we were forecast to be the worlds fastest recovering country. The money borrowed to fund that, has to be paid back.</p><p></p><p>I think most of the 1800's were non inflation, and we were the worlds biggest manufacturing country. The thing, is even if they wanted to reduce inflation, there is very little any guv can do.</p><p>We are in for a few bumpy years ahead.</p></blockquote><p></p>
[QUOTE="som farmer, post: 8198071, member: 86168"] on that note, roman wheat, at todays value, would be £4,000/t or more. a rising inflation rate, is brilliant, for guv, or anyone else, with borrowed money, reduces the debt. For most, its a f-ing pain. But it was bound to follow covid, huge amount of upheaval, from the normal run of things. And inflation is global, nor is there much, other than raise interest rates, that can negate it. The guv, takes a lot of criticism, for its handling of covid, a shaky start, soon changed to the world leading country in the fight for controlling it. Likewise, till Ukraine, we were forecast to be the worlds fastest recovering country. The money borrowed to fund that, has to be paid back. I think most of the 1800's were non inflation, and we were the worlds biggest manufacturing country. The thing, is even if they wanted to reduce inflation, there is very little any guv can do. We are in for a few bumpy years ahead. [/QUOTE]
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A world without inflation
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