"Greenflation" coming to Austrralia

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    "Greenflation"

    Get used to the term... I suspect we are going to be hearing it quite a lot in coming years.

    And even if the media chooses to avoid the subject, it will be hard for the common citizenry to not notice it's effect (well, that is the lower class citizens will certainly notice it... but the wealthy: not much at all).




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    Actually, the header says, "Greenflation coming to Australia", but that's not quite correct; it is already here.



    The petrol price at the bowser hit record levels in recent months, driven by higher crude oil prices due to global crude demand exceeding supply:

    petrol prices.JPG
 
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