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I have no idea what "a cost of living crisis" is or what the quantitative definition for one is. Demand is not falling so, by definition, there cannot be a "co
by skippyboxedhero 3y ago
I have no idea what "a cost of living crisis" is or what the quantitative definition for one is.
Demand is not falling so, by definition, there cannot be a "cost of living crisis". Because prices have increased does not mean they are at a high level.
You are acting as if some govt agency has declared a "cost of living crisis" and that is somehow meaningful to reality. I gave you specific examples of the prices of food: you call that "contrarian", I don't see any specific examples in your post however...perhaps you are being needlessly contrarian?
- toyg 3y agoExcept demand is falling, as demonstrated by the very article you're commenting under. Or by the figures showing people saved energy like crazy over the last 6 months. Or by the rise in people struggling with bills and credit [1]. I don't know what numbers you're looking at, but it's pretty clear that people are hurting more now than they did before, and that is inevitably going to kill demand. [1] https://www.dorsetecho.co.uk/news/national/23527220.10-million-uk-adults-struggling-bills-credit-repayments---fca/ https://www.dorsetecho.co.uk/news/national/23527220.10-milli...