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Posts tagged “higher prices

What does ‘price discrimination’ actually mean?

I just looked at chickens in Tesco, they are £4.00 each or 3 for £10. Why do you have to pay a 1/5 more if you only want one? Is this discrimination in favour of families or against single people?



Finance Friday | The economy

Money - Seeing the future

I read earlier this week that the British National Debt is 7.9 trillion pounds. This is according to the Taxpayers Alliance. This amounts to £300,000 for every household in the country. I think by exaggerating they make all the rest of their arguments seem unbelievable too. You could argue that the government needs to invest several millions of pounds in order to pay those ridiculously high pensions they have promised all the judges and top civil servants. You could also argue that they can be paid out of future revenues. The Taxpayers Alliance would argue the former to convince us that the nation is severely indebted and make their cause sound plausible.