Thread: Price increases
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Old 23rd April 2021, 11:30   #18
torque2me
Posted a thing or two
 
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Quote:
Originally Posted by mbev51 View Post
Our ‘government’ has managed to increase the debt to levels not seen since WW2. I accept that in a severe crisis, government has to borrow, that’s acceptable. We came into this pandemic with already huge debt. Inflation looks like it will follow the price rises we are witnessing which will put pressure on interest rate to rise.
Yeah, but £37 billion on a "Track & Trace" system is not good monetary management. Add in the fact that the Army personnel have to be reduced to counterbalance some of the waste and then have to accept a higher casualty rate due to inadequate funding and manpower availability.

May they rot in hell!

Kev
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