Quote:
Originally Posted by solarsailor
Some of the ludicrous items in the inflation shopping basket don't reflect the true rise in food costs, council tax, fuel, rent or a host of other essentials that hit you in the pocket. Among other things added to it this year are tracksuit bottoms, dumbbells, smart watches, cappuccino sachets and (unbelievably) "cocktails in a can."
Now call me cynical, but I can't help feeling this is a way to keep the - supposed - inflation rate artificially low.
|
The "shopping basket" is based on what the average person buys. Most of us owing to our ages are not average and our spend is completely different to what say a 30 year old spends their money on.
It is to the Government's advantage to have high inflation then the Government debt becomes less in real terms.