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Maybe this is something to be prepping for...
23 May 2013, 00:03,
#7
RE: Maybe this is something to be prepping for...
(22 May 2013, 21:58)Anything Really Wrote: i've noticed prices have been shooting up recently. Lettuce has gone up from 95p to £1.45 over the last few months, not at the above levels but still shocking.

Check out what that cost drops to in Summer - lettuce is a lot more expensive to produce in winter and so what you are seeing could and is more than likely seasonal variation.

As for controlling inflation, look at what causes it - an increase in money supply. When this increase is linked to something tangible - products or materials, then a long a that sum total of products or materials is worth the same or a little more than it used to be due to the fact the materials and have increased in number while having a stable base price, inflation will not run away.

We had a period I think it was 1650-1850 or there abouts in UK where we had no inflation. Magical period, more rags to riches stories than ever before due to a stable period. As individuals got more tangible wealth, so did the economy.

When we removed the link of the worth of currency from what assets existed to what assets might exist, from what assets we hold to what might pas through our hands and what % we could take from them, we accepted it to increase our standard of living.

Governments have bough votes for many years based on borrowing on the never never.

When currencies that are based on nothing more than bravado have the bravado questioned, you're gonna have a bad time.
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RE: Maybe this is something to be prepping for... - by BDG - 23 May 2013, 00:03

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