1 post tagged “inflation”
A little perspective:
Petrol prices in the UK are currently the equivalent of $8.468 a gallon. And this is not some sudden, astronomically huge price hike. The last time we paid less than $4 a gallon was 1996 (approximately 52.9p per litre. In 1997 it rose to 57.9p per litre). Factoring in inflation (although I can't be bothered to work out the exchange rates for each year) the last time we actually paid less than $4 a gallon was 1986 ($3.86 a gallon, in 1987 it rose to $4.02).
Might I suggest that sir follows this sterling chap's example and invests in one of these?
Source: SpeedLimit.org
