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

[shaunbhoy]

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

[WTFH]

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

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]

[original PM]

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

Stop using my memedroid quote

it's probably made up bollox anyway!

[sasguru]

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.

[WTFH]

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.

[BlasterBates]

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.

[hugebrain]

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.

[shaunbhoy]

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

[excon]

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

More classics from Mr Sowell:

[darmstadt]

More classics from Mr Sowell:

Nailed Brexit with that one