Wednesday, June 27, 2007

Inflationary Expectations

British kids can look forward to giving their I teeth:

The tooth fairy is worth £20 million a year to Britain's gap-toothed children.

The findings show that tooth fairy inflation has leapt by 500 per cent in the past 25 years. Over the same period, the cost of living has risen by 150 per cent.

The research found that the going rate for the average lost tooth is £1.05, compared to 17p when the children's parents were young.

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