EE just emailed me. They're putting my UK phone contract up by 15% because "inflation".
Apparently it's got so much more expensive for cell towers to just ... sit there and stuff.
Oh, wait, no, it's because energy is more expensive because the price of wind and sunlight has gone up.
What we are seeing is not inflation. Companies are making record profits and just hoarding it, while simultaneously firing people in large numbers.
Not satisfied with hoarding nearly all the wealth, the billionaire class want ALL of it. They want an entire population of, well, serfs basically. They're trying to turn the whole of western civilisation into one huge company store, and the idea that there are still people who can afford to live comfortable lives is profoundly offensive to them.
Sooner or later there will be a reckoning. History tells us that there always is when the ruling classes think they can get away with this crap.
reshared this
Sarah Brown
in reply to Sarah Brown • •So here's the thing. I bought by phone through them. The price I'm paying each month therefore is part the cost of the phone, part the cost of the network.
There is no feasible world in which the price of the phone has gone up, but they're treating it as a single entity.
@Zoe O'Connell spotted this. Might be time to chat to the regulator.
geekylou :transgender_flag:
in reply to Sarah Brown • • •Sarah Brown
in reply to geekylou :transgender_flag: • •@geekylou :transgender_flag: @Zoe O'Connell So I've just asked them for an itemised bill of the financial agreement. They cannot provide one. I have raised a complaint. They have 8 weeks to respond to it. I have marked that in my calendar.
We shall see what happens, but I suspect the next step involves the financial services ombudsman.
Keith Edkins🔶🇪🇺 🇺🇦🏳️🌈
in reply to Sarah Brown • • •Sarah Brown
in reply to Keith Edkins🔶🇪🇺 🇺🇦🏳️🌈 • •@Keith Edkins🔶🇪🇺 🇺🇦🏳️🌈 Yup. This is exactly the argument I intend to make to the Financial Services Ombudsman. They even call my contract a finance agreement.
So I think they may be fucked.
Susan :potion_lesbian:
in reply to Sarah Brown • • •Susan :potion_lesbian:
in reply to Sarah Brown • • •that reminds me. Time to make my annual phone call to them, pretend I’m leaving and get my tariff lowered again (one reason I’m sim-only)
Recommend trying that if you’re not tied to a handset. You can usually haggle down a decent amount. Find a similar product with any other UK network and give ‘em a call.
Thwart their greed.
*edited to fix your/you’re 😳 I must be tired
JF :debian: :verbike:
in reply to Susan :potion_lesbian: • • •So I am with one of the other operator and they are pulling the same one unsurprisingly (as a side note they don't own all their towers / energy generation and the price on their contracts is also raising - cannot comment on their profits as I have not looked).
My cunning plan is to move my contract (SIM only) expiration date to April so I can just recontract at a lower price every time the index
@goatsarah
JF :debian: :verbike:
in reply to JF :debian: :verbike: • • •Renewal date did not mater so much during the low inflation years
@goatsarah
Loungeiguana
in reply to Sarah Brown • • •nicely done.
By the way, when you say "Companies are making record profits and just hoarding it, while simultaneously firing people in large numbers" - this is true - but it still leads to inflation, at least as the central banks define it (and they're the ones raising rates in response). So-called "greedflation" is just as real as the wage-price spiral that everyone gets so worked up about. It's just that price increases are driven by corporate profits rather than higher wages.