Friday, 24 February 2023

Official inflation rate = 10.1% Utilities and communication providers raise prices by 14.4% Justified?

Official inflation rate = 10.1% Utilities and communication providers raise prices by 14.4% Justified?

This is the Wild West. Certain operators are treating their customers as hostages. There is no justification whatsoever for such increases and in the end such abuses are going to create an unscapable inflation upwards spiral. But there is worse. Some shops have increased their prices fourfold. What used to cost £1 is now offered at £4. This is unsustainable and sooner than later abusers are going to cause their own demise with 'closing down' signs. This sort of public hysteria is extremely dangerous and the authorities have no answer for it.

People being thrown onto the streets because they cannot afford rental accommodation price rises of 20 per cent? How on earth is this being allowed to happen? Because this is becoming widespread you realize that we don't really have a government. This is a national emergency. There is no point in strikes and negotiations if landlords are going to abuse the system to the point that whatever is agreed during salary negotiations is automatically cancelled, superseded, by disreputable landlords. Will the authorities step in or will they sit on their hands and allow abusers to destroy the entire economy? 

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