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A comment on UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years. Parent comment

Re:UK: Food inflation rises to 18.2% as it hits highest rate... by jrockway on Friday March 24, 2023 @02:22PM (#35293409)
The winners from inflation are anyone with debt. If your mortgage was equivalent to 1000 loaves of bread yesterday, and it buys 500 loaves of bread today, you just got a bunch of free money. This assumes wages keep pace with inflation; at the very low end of the spectrum (minimum wage) they probably don't, but for professionals, it seems like everyone has gotten inflation raises over the last couple years.

Other than the sticker shock on the price of everything, it's not too bad for a lot of us.

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Re:UK: Food inflation rises to 18.2% as it hits highest rate... by justincormack on Friday March 24, 2023 @03:31PM (#35294282)
UK wages have not risen with inflation over the last year or so. Private sector wages went up about 7%. Public sector less.
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Re:UK: Food inflation rises to 18.2% as it hits highest rate... by ambicapter on Monday March 27, 2023 @11:11AM (#35327726)
> it seems like everyone has gotten inflation raises over the last couple years.

based on what?

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