Inflation is relative
Some people are ecstatic, some in disbelief, some unsurprised...
Mixed feelings all around, just like markets, always.
But the difference is that the stakes are probably a bit higher than previous times, what with everything costing a shitload more and talking heads on Twitter forgetting the real world consequences of these numbers we look at on our screens.
I still don't understand how people on £30,000 living in major cities are surviving through this, and I feel greatly for them.
This is always forgotten as we discuss asset prices, which the majority of people are priced out of