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UK food price inflation hit 16.2% in October – cost of food basics surging

bbc.co.uk

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Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#151

Post by nivenkos »

Mikeb85 wrote: post #73
racktash wrote: post #25

I genuinely fear for the UK. It's going to be a very different country in ten years, and I fear it will be a weaker, poorer and more divided one. I don't know for sure what the main cause of our current problems is, but I know that it's not a single issue. Brexit, Covid-19 and the war with Russia – not one of these issues alone is the cause of our problems. My hope for the country rests in the fact that it still has…

No you're right, the UK is done. Little to no industry left, they were a nation of bankers and multinationals that exploited their former colonies. But it's not because of Brexit, COVID or Russia. It's because they never adapted and the rich in their country cared more about maintaining status than improving the country. Look at France and Germany: industry, tech, lots of "producing" businesses thrive. Paris has even…

Germany is incredibly backward compared to the UK - they're still using faxes and cash for a start.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#152

Post by drowsspa »

bambataa wrote: post #79
the_mitsuhiko wrote: post #3

I’m quite curious how this will end in the UK. Regardless of how much Brexit has to do with this, I think the lack of actual Brexit opportunities and the contribution it has to core inflation is at one point going to change the political landscape.

I’m very skeptical that Brexit’s negative consequences will ever be so unambiguous that people admit them. There will always be some non-Brexit excuse. Equally, remainers are too keen to blame everything on Brexit. Reading the UK personal finance subreddit is really sobering. Most people’s idea of a high salary (even in good industries) is less than a mediocre junior dev salary in the US. I feel extremely fortunate t…

US tech salaries are like triple the rest of the world, I don't think that's a good example.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#153

Post by pavlov »

kesor wrote: post #114
r_hoods_ghost wrote: post #83

Earlier quoted context omitted.

Well there are many reasons, but one of the major ones is that the last time the ruling party in the UK won a majority of the popular vote was, drumroll... 1931. The FPTP system essentially means that elections are decided by a small number of people living in marginal seats, that usually straddle poor urban and wealthy rural areas and so that is who (successful) politician's messages and policies are targeted at. It…

You assume that a government in an elected democracy will solve anything or be any better than the current situation. This has proven to be false over and over again in history. The only countries that flourished and had tremendous economic growth, are those who had a period of more personal freedom and an almost non-existent government. The more government you have, the less can the human spirit succeed in moving th…

> “The only countries that flourished and had tremendous economic growth, are those who had a period of more personal freedom and an almost non-existent government.”

Post-WWII USA was both a period of big government and tremendous economic growth.

The government is just people deciding to come together and delegate power. It’s not something separate from people. Why can’t the “human spirit moving things forward” express itself through the public sector?

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#154

Post by stavros »

recuter wrote: post #131
blibble wrote: post #95

Earlier quoted context omitted.

> Proposed Scottish independence is 12 months away. the SNP have been saying this since the first vote in 2014

A broken clock is right twice a day and all that. But the key point is 'if a referendum were blocked, they would fight the next general election as a referendum instead'. If an actual referendum was allowed and held today it would perhaps be a toss up. But two harsh winters from now if the economy is still spiraling it will be a foregone conclusion. Point being why would anyone invest in Scotland or the rest of the U…

> A broken clock is right twice a day and all that.

I don't think I've heard this proverb used to justify vague predictions before. It's always been the (proper) meaning of "you were right, but only by accident".

It's interesting to see it used in a "I know we've been saying that for eight years, but we'll be right at SOME point!" way.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#155

Post by cjbgkagh »

etiennemarcel wrote: post #130
cjbgkagh wrote: post #112

Earlier quoted context omitted.

France lost a few African colonies (protectorates?) recently, something there has been surprisingly little mainstream news about. People forget that France is still running a mini empire quietly on the side.

What colonies are you referring too? The last one was Djibouti in 77...

Mail for example. But there are quite a few French troops still protecting French interests in their various former colonies in Africa - a place where statehood is a nebulous concept so I think it’s fair to say that many of these places still act in effect as protectorates. Add in resource extraction and it also starts to look like a colony again.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#156

Post by HL33tibCe7 »

cjbgkagh wrote: post #84
racktash wrote: post #25

I genuinely fear for the UK. It's going to be a very different country in ten years, and I fear it will be a weaker, poorer and more divided one. I don't know for sure what the main cause of our current problems is, but I know that it's not a single issue. Brexit, Covid-19 and the war with Russia – not one of these issues alone is the cause of our problems. My hope for the country rests in the fact that it still has…

I fear that this time it’s terminal. I’ve been advising my friends to leave the UK for over ten years. To paraphrase Peter Hitchens, “I’ve never seen a more doomed society and I lived in Russia during the fall of USSR”

I recall a Question Time episode many years back in which Hitchens, upon being asked “what should a young person in Britain do?”, replied “emigrate while you still have the chance”. It received many gasps and boos at the time. I wonder how it would be received now.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#157

Post by fweimer »

jmyeet wrote: post #123
recuter wrote: post #90

Earlier quoted context omitted.

Proposed Scottish independence is 12 months away. https://en.wikipedia.org/wiki/Proposed_second_Scottish_indep... > In July 2022, the Scottish Greens announced that, if a referendum were blocked, they would fight the next general election as a referendum instead General elections are 25 months away. Labour is up 30 points in the polls or something like that. Brexit probably didn't help the UK economy but the economic…

As much as I think Brexit was (and is) a disaster that was really just a reactionary vote against immigration (particularly POlish immigration), I think "Scexit" is a mistake and fail for the same reasons that there will be Ireland reunification. Land borders. In Northern Ireland this creates a problem because you eitehr have to have a customs border between NI and the Republic of Ireland or between NI and Great Brit…

Not every border has to be a hard border. The Scottish border would not necessarily have to change at first because an independent Scotland would not be automatically part of the EU or even the Schengen area. If Scotland wants to join and the status of Great Britain is still not clear by then, then that's another border issue to resolve.

The situation with Northern Ireland is different because Ireland is part of the EU, and no one wants Northern Ireland mainly as a smuggling route between the EU and Great Britain. It has crossed my mind that some folks must have thought about smuggling/regulatory arbitrage as some sort of Brexit dividend for the UK as a whole, but so far this doesn't seem to be happening.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#158

Post by HL33tibCe7 »

racktash wrote: post #25

I genuinely fear for the UK. It's going to be a very different country in ten years, and I fear it will be a weaker, poorer and more divided one. I don't know for sure what the main cause of our current problems is, but I know that it's not a single issue. Brexit, Covid-19 and the war with Russia – not one of these issues alone is the cause of our problems. My hope for the country rests in the fact that it still has…

You can really feel the decline these days. It’s in the air.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#159

Post by Melting_Harps »

etiennemarcel wrote: post #130
cjbgkagh wrote: post #112

Earlier quoted context omitted.

France lost a few African colonies (protectorates?) recently, something there has been surprisingly little mainstream news about. People forget that France is still running a mini empire quietly on the side.

What colonies are you referring too? The last one was Djibouti in 77...

> What colonies are you referring too? The last one was Djibouti in 77...

Monetary exploitation is the most effective means of bondage and most widely accepted form to exert control over a population because it is required for any transaction that doesn't get solely resolved by violence, in doing so you can essentially tax, govern, and structure Society without the need or expense of an occupying presence just the occasional military operation to remind them of said colonization: up until 2020 or so the CFA was used in 8 African nations and had a dire strain on those nation's people [0]. You should listen to Francis Ngannou's talk about the effective bondage African nations were operating under French rule because of the CFA that made trade between even neighboring African nations impossible.

Colonialism takes on many faces, but as the saying goes: He who controls the money supply of a nation controls the nation.

> go and have a read about the CFA franc

Agreed, also look into why France has had continual conflicts in the Ivory Coast to see how it achieved this.

Edit:

> Aren't states free to adopt or drop the CFA franc? How does that make them colonies?

They were not free to do so, at all; as I said in a response HN won't let me post (posting too fast prompt) it would benefit most on HN to focus on why Fintech matters, it's more than just writing lines of code aimlessly and for it's own sake to create some new toy that can and will be soon forgotten on Github. Despite the prevailing narrative, it's not just the domain of what many regard as 'techbros,' but rather it's an approach to effect and enhance Society when done right in a more nuanced manner coming from a well informed understanding of how and why Society functions they way it does.

Hence why I used the quote that I used by a former US president to underscore what was written in a concise manner.

0: https://www.cnn.com/2019/12/23/africa/france-stops-use-of-cf...

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#160

Post by blibble »

mnd999 wrote: post #148
blibble wrote: post #39

Earlier quoted context omitted.

the government have stated they don't recognise any of the discussions reported on https://www.theguardian.com/politics/2022/nov/20/hardline-br... wishful thinking by journalists...

As someone else mentioned, this was the government floating the idea to see how it went down. This has been their MO for some time.

no doubt that government leaks to test policy

but this one's such a huge vote loser even the opposition refuse to discuss it

it's some journo that's got wind of part of some second hand discussion and has turned it into a scoop

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