UK Politics
General Discussion for politics in the UK.
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!ukpolitics@lemm.ee appears to have vanished! We can still see cached content from this link, but goodbye I guess! :'(
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Inflation is a backward-looking measure. It doesn’t ease the cost of living, it simply lets policymakers know what’s going on with prices — and whether the Bank of England is doing its job.
On a personal level, you already know what your living costs are, so the level of the CPI has no relevance to your life. Nobody experiences CPI directly, as we all have different costs and preferences.