Comments by "Amfear Liathmor" (@amfearliathmor9747) on "UK 'on course to hit inflation target' minister claims" video.

  1. Its swings and roundabouts for the current economic situation and for many folks it is getting considerably much much worse than even at the height of the first wave of the Inflationary peak during the last year or two. i) Food prices effectively doubled during that period of time so there was an increase in around £2000 per annum (100% inflation). Home Electricity and gas prices went from £1800 to £4000 so an increase of £2,200 per annum (120% inflation). A £4000 increase in the cost of living. BoE and Tory Government Interest rate hikes plan to tackle inflation> ii) Today a mortgage may increase on average around £6000 per annum for many folks and the ULEZ fines will add another £3,600 and food costs an additional £1000 (inflation still is there but increasing more slowly) with home energy costs dropping around £600 = £10,000 increase in the cost of living. Folks will then also have to deal with the higher secondary peak of inflation in 2024/25 due to the money printing and borrowing of 1/4 £ Trillion a year current borrowing,
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  2. I should have also indicated that the risks of persoanl Unemployment due to the Stagflationary environment created due to BoE Interest Rate Policy, Sovereign Debt Crisis, Systemic Banking failures, Equities market collapse and BoE 'Bailey Ins' are also increasing rapidly potentially leaving anyone who has savings to become paupers over night with Pensions, savings and investments disappearing like a South Park 'And its Gone'
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