My theory on rising prices of everything

[cleavers]

Trouble is when inflation does start to drop, will we see the prices of goods, food and services fall in reflection of that? I very much doubt it, they now know we will pay at the price it is now so why sell it cheaper?

Inflation means rising prices, so 10% inflation means prices rising at errr 10%.

If inflation falls to 5%, prices are still rising, just slower than at 10%.

Therefore inflation going from 10% to 5% will never see prices reducing.

 

[kaz7]

It's called profiteering by global business using Covid and Ukraine as an excuse.

This all day , greedy cunts

 

[BrianW]

If prices drop that is disinflation, very rare but not entirely unknown.
The norm, and what the State would like, would be regular inflation at around 2%.
Given all the circumstances, I should be surprised if we see disinflation within the next ten years.

 

[abu13]

We're all doomed, don't worry about it.

 

[ganganvince]

Petrol and diesel prices are falling. None of their rise previously is due to covid, just rising energy prices globally, and now they are falling for the same reason.

Interest rates (mortgages), are going up because of the previous inflation of energy prices, some of the inflation is also down to wage rises.

You don't see any sign of inflation falling, because you don't understand why it went up in the first place.

Some of it was caused by covid, but nowhere near all of it.

Fuel actually dropped during covid due to over supply

 

[Kompany Car]

If prices drop that is disinflation, very rare but not entirely unknown.
The norm, and what the State would like, would be regular inflation at around 2%.
Given all the circumstances, I should be surprised if we see disinflation within the next ten years.

No that’s deflation, disinflation (don’t like that term) is what we are hopefully going to get which is a slow down in rate of price increases.

 

[Deleted member 77198]

They won’t because ultimately they know people will pay it. Ten years ago we were paying £30-£40 quid for a single match ticket to watch City. Will probably north of £100 in another decade.

Some years in the last decade when inflation was around 1% City put season ticket prices up as much as 12%.

 

[Marklr]

when you hear about some of the massive,record-breaking profits some companies are making, I get suspicious. We're being had! Tesco even lied about their profits. Fuck 'em...shoplifters of the world unite...

 

[Deleted member 77198]

when you hear about some of the massive,record-breaking profits some companies are making, I get suspicious. We're being had! Tesco even lied about their profits. Fuck 'em...shoplifters of the world unite...

 

[Mad Eyed Screamer]

Fuel actually dropped during covid due to over supply

Yeah - they dropped the price at the very time everyone was locked up in their homes with nowhere to go!