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I have no idea what "a cost of living crisis" is or what the quantitative definition for one is.

Demand is not falling so, by definition, there cannot be a "cost of living crisis". Because prices have increased does not mean they are at a high level.

You are acting as if some govt agency has declared a "cost of living crisis" and that is somehow meaningful to reality. I gave you specific examples of the prices of food: you call that "contrarian", I don't see any specific examples in your post however...perhaps you are being needlessly contrarian?



Except demand is falling, as demonstrated by the very article you're commenting under. Or by the figures showing people saved energy like crazy over the last 6 months. Or by the rise in people struggling with bills and credit [1]. I don't know what numbers you're looking at, but it's pretty clear that people are hurting more now than they did before, and that is inevitably going to kill demand.

[1] https://www.dorsetecho.co.uk/news/national/23527220.10-milli...




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