Inflation shooting off the roof
Published:Friday | July 15, 2022 | 12:06 AM
THE EDITOR, Madam:
I recently had cause to recall a popular song of some years ago. I cannot recall the name of performer, but I think the song was called Fattie Bum Bum.
I was most amused by his descriptive simile in two lines where he sang:
“Tho ‘ I would a look like a mouse ‘pon a one dollar bread, I wouldn’t stop try till a drop down dead.”
Then something struck me! What is, or was, ‘a one-dollar bread’?
Are we being reminded that there was a time when a loaf of bread could have been bought for $1?
The current cost of a regular-size loaf is $500! Isn’t this an unusually massive rate of inflation, even if the time period was 50 years?
I am, however, old enough to remember when a bottle of Red Stripe beer could be bought for one shilling and six pence, and a gallon of gasolene for three shillings and two pence. Of course, this was in in the olden days before Independence.
RONALD FAGAN