nope, it's due to currency debauchment via QE.mulberryhawk wrote:The point is that the inflation in the UK is not being driven by an overheating economy. Its due to high international energy and food prices which are out of his control.
i've written to Merv in the past (and asked him to resign a couple of times!) and always get a reply but it's a waste of time - he does what his masters tell him to do. i don't think he's a bad bloke really (secretly he knows the score), but, like electricity, he always chooses that path of least resistance.