U.K. Inflation Jumps More Than Forecast to Match 4-Year High
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  1. #21

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    Quote Originally Posted by WTFH View Post
    Middle ground? What do you consider the middle ground to be?
    A place that the small collection of raisins that you use for a brain will never be able to comprehend.

    HTH


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    Default U.K. Inflation Jumps More Than Forecast to Match 4-Year High

    Quote Originally Posted by shaunbhoy View Post
    A place that the small collection of raisins that you use for a brain will never be able to comprehend.

    HTH

    Unable to put together a coherent answer as ever, Shaun.


    [QUOTE=original PM;2468738]
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  3. #23

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    [QUOTE=WTFH;2468870]Unable to put together a coherent answer as ever, Shaun.


    Quote Originally Posted by original PM View Post
    Stop using my memedroid quote

    it's probably made up bollox anyway!


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    Quote Originally Posted by motoukenin View Post
    With Brexit looming this is a Scrodingers Cat situation , when the box is opened (Brexit Terms and conditions are known) then pound will go up as the uncertainty stops , I have a lot of money riding on this , of course when they call its name (lets call it Boris) and it no longer responds then that's when the pound slumps back again.
    The pound rose on the news of inflation as markets priced in a possible interest rate rise.
    Problem is that an interest rate rise will reduce consumer spending even more and slow down growth.
    And that will cause the pound to fall.

    Caught between a rock and a hard place - the classic conundrum of a moribund economy.
    "The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is."

    Winston Churchill

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    Quote Originally Posted by original PM View Post
    Stop using my memedroid quote
    It was a quote that is perfect in so many of the arguments where facts are ignored in favour of religiously believing, or just burying heads in the sand and laughing.

    Possibly your best post/find in a long time.
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  6. #26

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    Quote Originally Posted by sasguru View Post
    The pound rose on the news of inflation as markets priced in a possible interest rate rise.
    Problem is that an interest rate rise will reduce consumer spending even more and slow down growth.
    And that will cause the pound to fall.

    Caught between a rock and a hard place - the classic conundrum of a moribund economy.
    Indeed the DUP looks likely to torpedo public pay restraint at a time when inflation is running at between 3 and 4 %. This inflation is directly caused by the Brexit vote. Either inflation takes off or the BOE has to shove up interest rates which when combined with Brexit is going to be economically painful, .....very painful !!

    The window for Brexit was around the early 2000's when the UK could have afforded to do it. It's pretty clear that Brexit will collapse and the government will be booted out.
    Author of the best seller "How to get Poor quickly"

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    Quote Originally Posted by BlasterBates View Post
    Indeed the DUP looks likely to torpedo public pay restraint at a time when inflation is running at between 3 and 4 %. This inflation is directly caused by the Brexit vote..
    Or perhaps the inflation is due to lack of faith in the pound because of the out of control greed of the public sector. So if we cut public sector pay, then we get deflation and the public sector will still be better off. Win win. Also makes for a more equal society.

    P.S. The bank of England promised to raise interest rates of we voted for brexit. I think their duplicity might be the underlying problem.

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    Quote Originally Posted by WTFH View Post
    Unable to put together a coherent answer as ever, Shaun.

    Au Contraire. It hit the nail perfectly on the head regarding your lack of smarts.

    A tad unflattering from your point of view admittedly, but factually bang-on.

    HTH


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    [QUOTE=WTFH;2468870]Unable to put together a coherent answer as ever, Shaun.


    Quote Originally Posted by original PM View Post

    More classics from Mr Sowell:






  10. #30

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    Quote Originally Posted by excon View Post

    More classics from Mr Sowell:

    Nailed Brexit with that one
    Pants are no good unless they stick to the wall after you've taken them off.

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