THE Bank of England has promised anyone worried about inflation that soon they will look back and marvel at how naive they were.
Governor Mark Carney said: “Inflation means it will cost more money to buy food, but that’s only an issue if you have money and food is available to buy.
“I won’t call it good news, but let’s just say that’s not how our society’s going to be operating by 2019.
“Interest rates will go up, but that only matters to mortgage holders and well, I think the people of Britain will find one flooded ruin offers the same shelter as any other.”
Carney added: “Inflation’s hardly up there with war, famine, pestilence or death, is it?
“Light relief in comparison.”