Quote:
Originally Posted by Mancie
Inflation at 0% ... knocks the kak out of the 15% under Thatcher and Norman Lamont...
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The RPI may be at 0%.....but the CPI (which is the international comparator and the important figure for business) is at 3.odd %.
Let's get it right before we go any further
And if we're talking about historical inflation rates, 15% under Thatcher blows the kak out of 26% under Callaghan and Healey in the '70s.