Summary
NO ONE could have foreseen the rocketing price of food currently fuelling inflation and squeezing living standards.
Well, not quite no one. Readers of Financial Mail were warned on a number of occasions, starting in March 2001. It was pretty much the same story with oil prices, with the 'success story' of inflation targeting ing by the Bank of England and with the unlikelihood that publicsector workers would take Gordon Brown's two per cent pay policy lying down.See the full content of this document
Extract
A Return to the Dark Ages
This apparent outbreak of selfcongratulation is nothing of the sort. All the above developments - missed pretty much ent...
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