Comments by "Greg Greg" (@SlowhandGreg) on "UK is now an 'inflation OUTLIER' | Liam Halligan analyses the latest figures" video.

how about complaining at the 8 billion he gave to bankers or the 2 billion he gave to millionaire pensioners or the 6 billion he gave to the fossil industry?
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what 4% with 8%+ inflation Tory maths for you
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Tory government simples
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the bulk of the inflation is supply side on inelastic goods eg energy the government not taxing the snot out of the expected 170 billion in Excess profits then pumping it back to consumers is a key driver then there's the self inflicted +6% on food because of Brexit
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this crisis is 13 years in the making successive trickle down policies that have failed to restart the economy after the banking crash which has also led to 13 years of Austerity. There paying for Asylum applicants because they don't want to process them so that people like you get wound up and blame anyone but the Tories for their shtshw they've left the country in
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@gpw203 what wage inflation? I was talking about food and goods if you erect trade barriers between you and your main market / supplier you incur extra costs with each twist of the knife Brexit piles more pressure onto a cracking cost of living crisis. Vet certificates cost money delays cost money carrying extra stock because the supply chain is fked costs money spoilage because of the delays costs money export markets closing costs money Every last drop of it is coming out of your pocket
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@El.Cid17 You obviously don't understand what a Free market is the loss of GDP is around 60 billion in lost tax revenue alone and doesn't factor the complete collapse in long term investment or the 30% weakening of the £ or total lack of access to a large labour market Its the sheer quantity of economic damage like a wrecking ball across the economy These are from financial articles FT Reuters Bloomberg quote The red-tape curtain is very expensive – costing an average 8-9% for both goods and services, and exports and imports. That’s around £25 billion a year on UK exports of just under £300 billion to the EU (2019 figures). This is a long-term trading cost Quote Economic and environmental wrecking ball': Study tots up £83bn cost of Retained EU Law Bill Quote Brexit has wrecked Britain's car industry 20 May 2023 — Production fell 9.8% from 2021, and declined 41% from 2019 Quote British pig farmers 'fear ruin' over Brexit 31 Jan 2022 — The slaughter backlog within the British pig industry is almost certainly down to butcher shortages as a result of Brexit. Quote 'Fears of new bureaucracy, rules and costs have all come true': Brexit making touring Europe 'unviable' for UK artists The number of UK artists booked for European festivals this summer is down 45% compared to 2017-19, according to the group Best for Britain - which previously campaigned against Brexit.
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@gpw203 go park it since 2016 Germany has seen wage growth of 20% The complete bag of horseshit you've been fed is just that Being in a single market with NO tariffs NO paperwork NO barriers to trade helps everyone sell to a market of 440 million and the EU had THE BEST TRADE DEALS on the PLANET. Our Japan deal is sloppy seconds at best Large companies have complex supply chains which Brexit has fkd up Medium businesses are setting up abroad small business are shrinking or going under You where SOLD Global Britain which means zero protections for home markets mass unemployment as every fker under the sun rapes our economy with unfettered GLOBALIZATION Those Tory tossers don't give a fk about you the plan was complete free market deregulation to pollute fire / rehire import to the lowest standard possible and drive wages through the floor with a ruling elite gorging unfettered capitalism profits while the rest of us ROT. Its that fkin bad 1/2 a million emigrated last year and it will get worse
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Its going up because of Brexit and delays in delivery
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@dogbreaththe3rd851 the net zero argument was lost in 2019 when renewable energy became on par with gas generation. Keep up
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@LILLYB8328 got nothing to do with net zero targets the Nordic countries with high levels of renewables are isolated from supply side energy commodity inflation Denmark's has gone down to 2.9% The US inflation is going down due to a number of factors but your also switching to renewables for electric
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@LILLYB8328 Texas is the leader in wind turbine deployment renewables reached cost parity with gas generation back in 2019. With recent rises there is no economic argument to not deploy renewable energy it's just cheaper by quite a margin. The only thing going for gas is it's ease of use and cost effectiveness for heating. Your rehashing arguments from 5/6 years ago over the last decade renewable costs have dropped by 95%
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@LILLYB8328 China deployed more renewable capacity last year than the rest of the world put together Danemark runs 60% 40% wind and is going further Norway is 93% renewable Danemark inflation is 2.9% Your years if not a decade behind the curve
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@LILLYB8328 Coal costs approximately x3 times as much to produce 1 kilowatt of electric as for instance wind. And what's China got to do with the UK energy market I'm all for renewables based on Cost reshoring jobs and controlling our own energy supply not have it at the whims of some Foreign corporate Cartel
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@evolassunglasses4673 its supply side inflation on world commodities + greedflation from corporations Interest rates have zero effect on both
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its already going to happen we need a proper economic policy not based on trickle down nonsense
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