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They’re making a valid point, don’t shout them down by calling it a one off. Quality of living is plummeting and inflation on things you actually care about is
by jonplackett 3y ago
They’re making a valid point, don’t shout them down by calling it a one off.
Quality of living is plummeting and inflation on things you actually care about is way more than the headline rate. Housing, for example takes up a vast proportion of income and the increase has been way over inflation.
I don’t think it’s headline news to state that the headline rate of inflation is not all that reflective of reality.
- dlp211 3y ago> Quality of living is plummeting Massive citation needed.
- jonplackett 3y agoGo ask literally anyone you know that doesn’t work in tech and isn’t rich. Or read any one of many articles about it. https://www.theguardian.com/business/2022/jul/19/uk-living-standards-fall-inflation-cost-of-living-crisis-prices https://www.theguardian.com/business/2022/jul/19/uk-living-s... https://www.theguardian.com/business/2022/nov/17/obr-confirms-uk-enters-year-long-recession-with-half-a-million-job-losses-likely https://www.theguardian.com/business/2022/nov/17/obr-confirm... https://www.cnbc.com/id/44962589 https://www.cnbc.com/id/44962589 https://www.economist.com/graphic-detail/2022/09/08/global-living-standards-are-moving-in-the-wrong-direction https://www.economist.com/graphic-detail/2022/09/08/global-l...