Comment on Iran laying 'sea mines' across Strait of Hormuz shipping lane
Korhaka@sopuli.xyz 1 day agoSuddenly an upside to the fact that I was too poor to learn to drive in my 20s. Now in my 30s and still can’t drive so oil prices really don’t matter to me.
Already got rainwater harvesting, could do with solar/battery though as my only alternative for heating is a small wood fire and hot water bottles.
db0@lemmy.dbzer0.com 1 day ago
It matters to you. This will increase all prices in society, due to global trade and just in time supply networks
Korhaka@sopuli.xyz 1 day ago
It won’t increase my mortgage, everything else is pretty cheap in comparison.
3abas@lemmy.world 1 day ago
Well, as your spending power decreases because of everything getting more expensive, your mortgage is there relatively more expensive than it used to be.
Even fixed costs are more expensive because your money is worth less and you need more of it.
Korhaka@sopuli.xyz 1 day ago
Fixed costs don’t change, £100 remains £100. As long as Farage doesn’t win with his retard party minimum wage is very unlikely to drop. It may fall relative to inflation, but that £100 debt repayment will remain £100 as it is fixed there.
Inflation makes debts get smaller too. If we get hyperinflation for a few years I could pay off my 2023 house purchase for the cost of a 2028 chocolate bar.