1 thought on “2017 Will Be The Year Of Inflation”

  1. Official Government figures for inflation have been fudged for thirty years by removing items considered ’embarrassing” from the Government Official Consumer Shopping Basket. That is so insulting.

    A major UK grocery retail supermarket has warned that in the first quarter of 2017 alone, prices of basic commodities such as bread, vegetables and dairy WILL rise by about 5%. That computes to 20% or a one FIFTH increase next year.

    http://www.dailymail.co.uk/news/article-3963526/Former-Sainsbury-s-chief-predicts-consumers-face-5-hike-food-prices-post-Brexit-warns-high-street-chain-fold.html

    They blame Brexit, but common sense points to weather manipulation, Herbicide effects (diminishing returns), GMO effects (diminishing returns compounded) etc.That’s just food. We could easily feed ourselves from healthy natural crops before Monsatan interfered, and other factors such as……

    The OPEC output reduction deal can only increase the costs of transport, travel, heating, power.

    This must result in higher prices for everything we take for granted, so the only way forward is by prioritisation of household needs. (Do we really need designer clothes, perfumes etc?)

    I firmly believe fashion and its associated addictions are so embedded in our culture via clever and persistent (continuous in your face…is it cool?) marketing followed by planned obsolescence (a uniquely jewish invention) will all have to be carefully reconsidered and brought into the fold of necessities.

    http://wolfstreet.com/2016/12/11/how-inflation-bites-more-than-official-consumer-price-index/

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