The Cost of Living Crisis

“Since we came out of lockdown in the summer of 2022, we have been subjected to an economic attack of unprecedented proportions.”

Here’s a quote from Jordan Peterson,

“If you want to feed the bloody poor, the first thing you would do is lower energy costs by whatever means necessary.”

We agree with Jordan. Any politician wanting to talk about dealing with the cost of living crisis and not talking about tackling the energy companies retail pricing isn’t being straight with us. Windfall tax as a means of dealing with this, is a great example of National Party political trickery.

The economic attack began in the summer of 2022, just as we emerged from lockdown, when the retail price of fuel shot up for no obvious reason. The wholesale price of fuel remained at normal levels, hence the gargantuan profits for the energy companies. As we came out of lockdown, the demand for fuel returned to pre-lockdown levels. So the massive hike in price wasn’t being driven by supply, nor led by demand. Therefore, we strongly suspect that what we have experienced is the product of a massive, criminal, price fixing, cartel.

All the Tories windfall tax did was to transform energy businesses, at least in part, into tax collecting agencies, that will only hit the poorest the hardest. And Labour’s response of offering more of the same says all that needs to be said about them.

Any political party, professing to represent the poor, but isn’t proposing to ‘drive down the price fuel by whatever means necessary’, isn’t seeking to represent you. It is seeking to con you, AGAIN!

Jordan Peterson says,

“… if you think you can quintuple energy costs and feed the poor you’re an idiot or you’re malevolent … or you’re narcisisticly self serving or some terrible combination of all that.”

This move on the price of fuel is key because fuel is the life blood of the economy. Its price influences the price of everything else. It is what has caused the massive price increases throughout the economy.

Price rises started with fuel and bringing prices down also has to start with fuel.

We confidently predict, if unchecked, that when the election is over we will see the price of fuel rise to its previous highs and beyond. 

The rise in inflation and the politicians’ criminally nonsensical response.

As we have seen. It was the arbitrary rise in the price of fuel that drove the general price rises and therefore inflation. What happened next was staggering in its nonsensical pointlessness at best or its criminal malevolence at worst, when it was decided to raise interest rates.

The interest rate is the price charged for borrowing money. Increasing the cost of borrowing to tackle inflation can be an appropriate response if the inflation has been caused by an excess of bank lending increasing the money supply. Absolutely not the case on this occasion. 

In a situation where people are already struggling to make ends meet all the hike in interest rates did was increase the pain and suffering for those already struggling. It was like trying to claim that you’re trying to put out the fire whilst throwing petrol onto the flames. The unnecessary suffering those with debt went through because of the politicians must never be forgotten or forgiven.

We are calling for a criminal investigation into the financial handling of the economy after the scamdemic.

We believe there has been tremendous abuse of power and should an investigation produce sufficient evidence the culprits responsible should be held to account in a court of law. If only so that, we the people, should recover some confidence in our body politic and in the law.