UK Politics
General Discussion for politics in the UK.
Please don't post to both !uk_politics@feddit.uk and !unitedkingdom@feddit.uk .
Pick the most appropriate, and put it there.
Posts should be related to UK-centric politics, and should be either a link to a reputable news source for news, or a text post on this community.
Opinion pieces are also allowed, provided they are not misleading/misrepresented/drivel, and have proper sources.
If you think "reputable news source" needs some definition, by all means start a meta thread. (These things should be publicly discussed)
Posts should be manually submitted, not by bot. Link titles should not be editorialised.
Disappointing comments will generally be left to fester in ratio, outright horrible comments will be removed.
Message the mods if you feel something really should be removed, or if a user seems to have a pattern of awful comments.
!ukpolitics@lemm.ee appears to have vanished! We can still see cached content from this link, but goodbye I guess! :'(
view the rest of the comments
Firstly, inflation decreasing is a decrease in the rate of increase so it's never going to ease your cost of living. Your cost of living is still going up, just not as fast. Inflation is the derivative of the cost of living - the rate of change. (Similarly, the deficit is not the debt, the national deficit is the rate of change so a decrease in the deficit means that borrowing is still going up, just not as fast).
Inflation literally is "too much money chasing too few goods". Price gouging can only happen when there's not enough supply of something compared to the amount of people willing to pay for it. If there were more rental properties available than there were tenants looking to rent, then a landlord can't just go "I think I'll just double my rent to make more money" because no one would rent their property as there are others available. If on the other hand there are more tenants than there are properties (too much money chasing too few goods) a landlord can increase prices.
Except a lot of the inflation in the UK is due increased cost of the supply. They "literally" cannot afford to sell it cheaper.