The UK, the European Union and the US want a good dose of inflation
to reduce the value of their debts. With inflation, the arithmetic value
placed on the debt remains the same but the actual value of the
debt reduces as the buying power and thus the value of the
underlying Fiat paper currency reduces.
This is why King,Trichet and Bernanke, at the behest of their
political masters, are desperately trying to keep interest
rates low for as long as possible. They've even changed
how they calculate inflation so that they can report it
below the actual rate of inflation.

This way they can kickstart some inflation off.
Can you remember when you bought your house in the
early '70's for circa £3000? Seemed a lot then, didn't it?
Fast forward to the '80's and it didn't seem so much
when you were buying at circa £50,000 and on to
the '00's when you're paying circa £165,000.
Everyone is still affording a percentage of their income,
but wages and prices have gone up so that it seems
roughly the same. That's the power of inflation for you.
The treasury is being quite astute here with the Fuel Duty
and VAT increases. The higher fuel prices will be passed on
by the hauliers and then by the shops to the consumers.
The price of goods go up and the treasury gets another
bonus as their VAT take goes up on the higher prices
of the goods.
Eventually, lagging behind, wages go up which cements
the inflation into the economy and thus reduces the value
of the national debt.
Meanwhile the value of your savings, in the Fiat paper
currency, have eroded away.
So will a fuel protest work?
Not on your nelly! There's too much to lose in the grand
scheme of things.
Have a nice day.
