Comment on Warning food prices are set to spike in the UK due to Iran war

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Denjin@feddit.uk ⁨2⁩ ⁨days⁩ ago

Things don’t go back to “normal prices”, prices will always go up (ideally) and your wages go up to balance.

The issues we’re facing at the moment is a pretty constant series of inflationary shocks and the controls governments and central banks have on trying to balance them tend to work on a much longer time scale resulting in sharp decreases in people’s spending power.

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