I realise that this probably makes me sound really stupid, but i do not understand what the VBI could actually achieve? Or what it might look like.
I understand that the original VBI was pointing out thay cheaper items are por quality and poor quality items cost more long term.
How would that work for cheaper/ poor quality foods? Is it that smaller boxes/packs cost more per 100g? Most shops show the cost per kg or 100 or whatever in store, so Jack's spreadsheet is redundant.
Then I think it has been suggested that it would track increases in goods through the last x number of years. Again, i don't think many people on the breadline give a
tit about the average/increased cost of bread for the last 5 years, they care if they can afford it now. Informative maybe but not helpful to those in need. So VBI is pretty pointless here too for thise who actually need to budget.
Then i wonder if it is tracking the cost of shopping vs income, but hasn't that been done too..
Someone please explain thsi because I just don't understand what it is or, more importantly, what it is FOR
I worked with a girl years ago whose company car arrived with that reggie. We were all gutting ourselves and she claimed she had no idea what it meant . Fair enough,but she was able to change it and did so when every day on arrival the car park boys said ā itās always great to see ( insert colleagues name here) fud coming into the car parkā
What does it mean? I really don't know