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Travel Master ..price increase


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Renewed my South Yorkshire weekly Travel Master ticket yesterday and was politely informed that as from May 20th the price was increasing from £23.90 to £25.10 :roll: .... not sure if any other tickets are included in this price rise though because I can't access the website for some reason :mad:

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Renewed my South Yorkshire weekly Travel Master ticket yesterday and was politely informed that as from May 20th the price was increasing from £23.90 to £25.10 :roll: .... not sure if any other tickets are included in this price rise though because I can't access the website for some reason :mad:

Welcome to the world of inflation.

 

China’s Gao Says QE Devaluing Money, Stoking Inflation

 

 

Economists generally agree that high rates of inflation and hyperinflation are caused by an excessive growth of the money supply. Views on which factors determine low to moderate rates of inflation are more varied. Low or moderate inflation may be attributed to fluctuations in real demand for goods and services, or changes in available supplies such as during scarcities, as well as to growth in the money supply. However, the consensus view is that a long sustained period of inflation is caused by money supply growing faster than the rate of economic growth.

LINK

 

But, but, we need to print money to "stimulate growth" (see my current sig).

 

(Growth in what is never quite explained though. Tanning salons? Nail bars? Casinos?)

 

Things aren't getting more expensive, money is losing its value. Because of printy printy.

 

And anything to do with oil is going to keep on getting more expensive.

 

Researchers Argue Peak Oil Is Here, Bringing Permanent Volatility

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