Saturday, September 17, 2011

Lies About Inflation.

'More than a third of shopping basket essentials have shown punishing price rises of at least 10 per cent in a year.
Fourteen out of 34 of the biggest selling foods have posted budget-busting price hikes, with some favourites – including beef mince, coffee and corn flakes – up by more than 30 per cent.
The figures, compiled by shopping site mySupermarket, show that the total cost of a typical basket of food is 6.1 per cent higher than it was a year ago.' [Mail.]
Right. So groceries are up, electric 15% or so, gas 18%, insurances 25% or thereabouts - and as for PETROL .... !
Inflation is 4.5%? In what universe are mathematics used in this manner?

Islamists Getting A Free Ride When Butchering Christians?

Over 8,000 Christians killed in Nigeria in 2023, watchdog estimates. Anugrah Kumar    16 February 2024. (Photo: Getty/iStock) (CP) Over 8,00...