Fortunately, none of the fleas I’ve encountered have been caffeinated, although I have met many an over-coffee-ed colleague and family member in my time. That’s sometimes good and at others not-so, and (you saw it coming) it’s much the same with inflation. Without it, the Growth Dream will remain just that but too much (remembering my 70’s Saturday job changing supermarket prices each week) brings the wrong sort of growth. Our inflation matters to us, but it is, as with everything, what happens in the US which is important, and their rate is, at 3%, identical to ours. Not disastrous compared with the 20% of my youth, but going up rather than down when the January sales would usually see prices fall. Trump can still (and will always) blame Biden/China/anyone he chooses, of course; but it’s getting more difficult for our lot to keep shifting the fault. And by the way, it’s lower, at 2.5% in the EU. Whatever that means.
“How to get rich in 2025”
Who wants to be a millionaire? Well, if you’re one of the 35% of the UK population renting long-term or of the 20% officially living in poverty, the answer’s ‘yes, please’.
