Inflation - when is this going to end?

[malg]

Just shows how ignorant you can be of history.
Interest rates reached 18% in the 80s.
Inflation in 1975 however reached 25%.

No it didn't. It's much harder now. It's been on the internet and telly.

 

[Alan Harper's Tash]

No it didn't. It's much harder now. It's been on the internet and telly.

Would you rather pay 18% on a £50k mortgage, or 10% on a £300k one?

Which would you say was more manageable?

 

[i kne albert davy]

Just shows how ignorant you can be of history.
Interest rates reached 18% in the 80s.
Inflation in 1975 however reached 25%.

Flippin heck didn't go back that far was still washing cars to make enough to go to home games and playing ping pong game on an old telly,makes today pale into insignificance.

 

[The Northern Baptist]

? at a loss mate.

Sorry mate, didn’t mean to quote yo

 

[Bluewonder]

We came out of an eight week lockdown on 5th March 2021 (4th March 2021 was the final day we were ever in lockdown). We didn’t have a lockdown up to Summer 2021.

We also never had a true lockdown here in Britain.

This is an interesting subversion of facts. Do you live in a parallel universe?

 

[i kne albert davy]

Sorry mate, didn’t mean to quote yo

I agree with you never been on benefits and wouldn't swap places with those who are, pretty sure it's no bed of roses.

 

[denislawsbackheel]

Any need for the aggressive, unnecessary tone in your post?

What’s unnecessary about telling the uninformed that are wrong when they posted so authoritatively on how it is far worse shit now when I remember it being far worse.

 

[Alan Harper's Tash]

What’s unnecessary about telling the uninformed that are wrong when they posted so authoritatively?

Because it makes you sound like a ****.

An Effing old one at that.

 

[paulchapo]

Just shows how ignorant you can be of history.
Interest rates reached 18% in the 80s.
Inflation in 1975 however reached 25%.

I knew it was high in the eighties and I remember it hitting 14% but 18% does ring a bell. I didn't have a mortgage back then and so I wouldn't have paid a lot of heed. I was a kid in 1973 when the three day week was on and power cuts, just about to leave school. I'm sure both periods were tough but this situation seems worse with little end in sight.

 

[Gaylord du Bois]

We also never had a true lockdown here in Britain.

We were a thousand welders short of a Wuhan. It was a close run thing.