October 13, 2015
WE ALL KNOW HOW TO RESTORE INFLATION...:
UK inflation: Prices drop 0.1% as pressure mounts on Bank of England's Mark Carney (Ian Silvera, October 13, 2015, IB Times)
The cost of goods in the UK has dropped by 0.1% in the year to September, putting further pressure on Bank of England governor Mark Carney to push prices up. The central bank chief has a target rate of 2%, but Consumer Price Index (CPI) inflation has been around 0% for most of 2015.
...just ban immigration; bring back tariffs; turn shops back over to unions; and unplug all the computers.
Posted by Orrin Judd at October 13, 2015 5:39 PM
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