A bit off topic, but I have to share this with as many people as possible.
Prime Minister Tony Blair said higher oil prices had driven inflation
Which is fine until you look at what oil prices actually did in 2006. If you look at the attached graph, you will see that they were high in the middle of the year and low at either end. How that drives inflation is beyond me.
I blogged about it here: http://rightlinks.co.uk/linked/modules/wordpress/index.php?p=130
Regards
Serf
Laments of a EU Serf
www.eu-serf.blogspot.com
Prime Minister Tony Blair said higher oil prices had driven inflation
Which is fine until you look at what oil prices actually did in 2006. If you look at the attached graph, you will see that they were high in the middle of the year and low at either end. How that drives inflation is beyond me.
I blogged about it here: http://rightlinks.co.uk/linked/modules/wordpress/index.php?p=130
Regards
Serf
www.eu-serf.blogspot.com
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