Originally posted by _V_
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Impending house price crash
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Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishing -
Originally posted by d000hg View PostAre you deliberately twisting the narrative, or just bloody thick? Inflation is the norm, and a good thing. Runaway inflation is not. One was predicted by the QE doomsters, the other happened.Comment
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Originally posted by Andy2 View Postinflation is a good thing for govt
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Originally posted by AtW View Post
No, it's not good because they'll have to index pensions and other stuff (like gilts interest) plus risk having to increase "independent" BoE rates, that's why they go to extraordinary lengths to fake it to as low as possible.
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Originally posted by Andy2 View Post
inflation is a good thing for govt but terrible for general public. Inflation is good for us only if it is accompanied by wage inflation , which has not happened for the last 10-15 years.
If you're in debt then inflation reduces that debt burden.
So if you have a decent index linked pension and a mortgage you can do very nicely. Boomers should love inflation (but boomers don't know it as they remember the 70s).
See You Next TuesdayComment
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Originally posted by Andy2 View PostUK govt has £2 trillion of debt which will erode with time due to inflation.Comment
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Originally posted by AtW View Post
That’s old logic - new logic is that they just print money to keep new borrowing costs whee they want (close to zero)
in some terms inflation is theft.Comment
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