Elderly pensioner finding it difficult to afford food at even the cheapest of cheap market stalls. This is the state we are in. No sign here of "quantitative easing" - the huge inflationary boosts to the money supply are being siphoned off as asset prices are inflated (I am thinking particularly of the current behaviour of corporate bonds).
All that has happened is that a MASSIVE (capitals means I am shouting) increase in the money supply has led to inflation. We are seeing it first in assets and soon it must spread to prices. This has been entirely predictable.
When the inevitable inflation resulting from quantitative easing starts to affect retail prices the main burden will fall upon the poor and the pensioners.
This is a shameful state of affairs. It makes me feel very angry. And all the while at Westminster the politicians talk about how to shift attention from their expenses, and how to gerrymander the voting system, and how that rough Andrew Marr made Alistair Campbell cry.
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