this post was submitted on 10 Aug 2023
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Oh look, another one.
YouTube: premium is increasing
Spotify: we're increasing your sub
Bank: we're increasing your mortgage
Supermarket: we're increasing your food spend
Car insurance: we're increasing your premium
Household bills: we're increasing water, gas and electricity
Broadband: we're increasing your fees
Cellphone: your contract renewal is higher than last year
Salary: fuck you, peasant
Bank Of England: Just stop spending
Disney: Hi ...
When in the last 120 years was this NOT a case? Sure, few last years have been fucked more than usual, but we are still living pretty comfortable lives. Inflation is natural.
A YoY inflation rate of ~10% is most assuredly not natural in most of the developed world. I fully understand why it happened, but that serves no justification for the negative impact on the lives of the majority of the population.
And the increase in the price of goods that I've seen around me has been more like 30%, not 10. It's blatant price gouging, but the government refuses to act to stop it.