As I look at the 99p Stores logo it occurs to me how dangerous inflation is. As we tolerate inflation so my favoured shop will be able to stock fewer and fewer items or will have to change its name - to Woolworth perhaps. There is a serious point in this. We poor buggers who remember the 70s and their early 80s hangover can tell you just how pernicious is uncontrolled inflation. There is a misguided notion in our current politics that a bit of inflation is no bad thing. I heard it neatly described the other day as a mechanism that transfers the burden of lifting recession from reckless borrowers (and that description definitely includes feckless governments) onto savers.
Enough special pleading. It's not just the cycling that's back in focus. Swimming as well. Fortified by my new economical stroke (courtesy of Sue's Swimming School - seriously that's what they're called) I set a new distance PB at lunchtime today and did so at a better than average pace. Still slow but not drowning. That should be my motto although I am also tempted by 'Per ardua ad Vauxhall Astra' which nicely sums up the struggle to achieve mediocrity. I'll get there some day.