Comments by "Billy Liar" (@billyliar1614) on "Inflation: The Real Cause" video.

@Candolad Not that in France and Germany though is it ? That stands at 5.8 and 7.5 respectively. Facts you see, damned tricky things. Leading analyst has recently claimed that we're very close to dropping out of the top tier and being re-categorised as an 'Emerging Market Economy' - maybe Estonia and Turkey will be our new rivals eh ?
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You are economically illiterate. Do you know what the majority of state expenditure goes on ? The NHS ? Benefits ? It goes on state pensions by a country mile. We have inflation due to a number of factors - unrestrained (by government) profiteering from the big corporations to recoup lost Lockdown profits and then of course Brexit, which has led to higher wages due to worker shortages and thus higher prices for consumers.
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@sirrodneyffing1 Thanks for the clarification and expansion on your original point about benefits. You seem to be suggesting that people being paid a decent wage and benefits/state spending are the causes of our current spike in inflation in the UK ? (You're the one that bought up benefits, not me.) So I guess if we cut back on state pensions etc we could ''rebalance'' the economy that way ?(pensions being the main supply of ''money'' into the economy to use your rather convoluted , unwieldy and, dare I say it, implausible concept) An interesting theory but I'm not sure how grounded in reality it actually is. Wages increased for a while but actually have now lowered . Low wages are actually a sign that the economy is shrinking, not 'balanced'. Prices are increasing in part due to a lack of state intervention in the market to restrict corporate profits. We also lack workers and the economy has taken a hit due to the loss of trade with Europe, all of which affects prices. Our inflation is nothing to do with Brexit though eh? Despite the fact that, y'know, it's the big disruption we're going through right now...
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@Candolad This is utter nostalgic delusionism led by the over 65s and is likely to end in tears before bedtime. Britain was finished after Suez and only clung on in the 80s 'cause Thatcher sold off the family silver to raise a few quid. Most of our utilities now are in foreign hands, leaving us vulnerable to the likes of Putin. It is absolutely outrageous to deliberately put the country into economic collapse for an imagined and yet to exist sunlit upland. The masses were sold Brexit as being about sovereignty and were promised gold or ''levelling up'', not high inflation and economic collapse. This is no ordinary recession but a seismic shock to the economy whose weasel architects haven't the courage or decency to admit. Perfidiousness, a vice on which a certain type of Englishman prides himself, is not I'm afraid a commendable trait. Neither is ignorance, which can I'm afraid look very much like bravery until you move the camera a little closer. The masses were deceived as usual by their whip-cracking overlords and Brexit was about elite tax avoidance and deregulation (profit), not Sovereignty. The masses are not free in any meaningful sense - ''they've taken back control '', to use Dom Cummings crass campaign slogan, and given it back to their feudal masters. At least Farage's ''faceless bureaucrats'' believed in food safety standards and spending on the infrastructure.
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Starkey looks in danger here of turning Fuddiness (or should that be Duddiness?) into an Olympic event. He's wrong on so many counts one struggles to know where to start. Firstly, that much abused word 'creativity' is a fundamental feature of human nature and there are countless creatives doing boring jobs which don't stretch their capabilities fully in order to stop themselves and their families from starving. Whattya know. Secondly, a good portion of the time spent in most office jobs is wasted - doesn't he know that ? One can just as easily switch on a computer, send an email and fiddle with a spreadsheet in the back room as in one hundreds of miles away. It is a colossal waste of time, fuel and expense for employers - it's this last reason WFH has been permitted rather than the preceding two. If sandwich shops and garages go out of business tough, that's the market in action. RE Lockdown measures the gov made a cynical cost calculation that if they'd just let Covid work itself out the economy would've taken a bigger hit through sickness and the NHS being overwhelmed. They correctly assessed that most paper-shuffling roles aren't ''essential'', in that the economy doesn't grind to a halt if the labour avails itself of technological advance and people aren't strictly adhering to a Victorian regimen. And I'm sorry but we all know the real reason for the UK's nose-dive into economic oblivion (I'm sorry but the US economy and that of Europe isn't in as bad a shape as ours) but he 'aint gonna like it - Brexit (sshhhhh) Don't worry, I'm sure you can scapegoat the pandemic for a while longer yet ...
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@mcihs2 I'm sorry but the reason we are so badly affected by inflation in comparison with other countries (yes they have it but not as bad as us) can be laid squarely at the foot of nothing other than Brexit. David Starkey was/is a loud advocate for Brexit so like all the others - city boys, Farage, Martin et al - he must find a convenient scapegoat for the extreme folly and disastrous impact of this policy, in this case the Lockdown. Not that I'm suggesting the stringent Lockdown measures were advisable, just that it isn't the main reason for our current woes. 'Cost Vs Benefit' analysis ? What, like the one they did for Brexit ? Don't make me laugh. It's the elephant in the room that the cheerleaders for Leave would prefer was an emperor without any clothes . The economy has run off a cliff because the shortage of workers has led to higher wages and thus a spike in prices for consumers. Any British business exporting to the EU has died overnight and we've been unable to introduce controls at our end due to our dependence on imports of food and medicine. We've lost a third of our trade and have yet to replace it with the much-vaunted free-trade deals. The whole thing is a very bad joke. I would like to think that the cheerleaders would at least have the decency and self-respect to admit their folly, but I'm not holding my breath.
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