I've just had my 80th birthday, and I've been reflecting on some of the changes I've seen. When I started driving I could ask for 4 gallons of petrol ( there weren't any serve yourself pumps then), and I could give the attendant £1, and say keep the change. $ gallons today will cost over £36, and I have to serve myself. They keep saying inflation is low, but that doesn't seem low to me. Right now the producer price ines is up over 36%, and that is a more realistic indicator than the retail price index bandied about by the government.
It really does seem to be a way for the super-elite with their hereditary wealth to increase their asset value at the expense of the bulk of the population.
Increase the salary, increase the price and the money kept printed by the government so this is a system which used to keep the people in the same status no matter how much hike they get every year. Even I used to fill petrol for 50 or 60 cents don't remember exactly but now. It really does seem to be a way for the super-elite with their hereditary wealth to increase their asset value at the expense of the bulk of the population.
