If there’s such a thing as an inflation quota, has Britain already exceeded it? | Phillip Inman

According to some theorists, the UK will have to keep prices flat for the next seven years to make up for the last three. Really?

What if the UK has used up all its inflation allowance for the whole decade?

This question assumes there is an optimum level of inflation - a 2% average - and that the UK has already used its entire allocation for the 2020s.