25-04-2017, 12:44 PM
That narrow focus as a definition of what is good and bad is the real issue imo, as Chris says the overall difference is very little in the big scheme of things. However, immediate human well-being gives a massive skew to perception with little consideration given to long-, medium- or even short-term effects, and almost none at all to the wider scope of environmental and ecological issues, issues which will actually affect our quality of life far more over time.
Regarding inflation, i believe the government are doing their best to force it up at the moment, so i wouldn't put it them to raise diesel fuel duty. Traditionally bank of england interest rates have been used to encourage changes in spending habits and consequently inflation. However, you'll have noticed interest rates have been at record lows for a decade now and they have resorted to less orthodox methods to try and stimulate spending, the most recent well-known example being the increase of minimum wage.
Regarding inflation, i believe the government are doing their best to force it up at the moment, so i wouldn't put it them to raise diesel fuel duty. Traditionally bank of england interest rates have been used to encourage changes in spending habits and consequently inflation. However, you'll have noticed interest rates have been at record lows for a decade now and they have resorted to less orthodox methods to try and stimulate spending, the most recent well-known example being the increase of minimum wage.