"The worst is over"

From the same people who didn't foresee the current glitch in free market heaven, "While much of the rise in factory gate inflation is likely to be absorbed in retailers' profit margins, Loynes believes the increases are now so large that "at least some portion of them looks likely to work its way into the high street, even if retail sales slump".

Which means companies've been making such gigantic profits over the past thirty years or so, that they can spare a dime for the 'little people' - at least for a while.

Another way to look at this current bout of turbulence, is not to think of prices going up so much as currencies being devalued. One often has dreams of a financially secure future, but the reality gets clearer every day - a lot of us are going to be sitting on street corners chewing on raw turnips.

Barring a political upturn, of course. . .