Originally posted by shaunbhoy
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Bank of England Governor warns that Britons face higher inflation for longer
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Originally posted by AtW View Post
“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”Comment
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Inflation will not stop until the "quantitative easing" (read: Printing money like there is no tomorrow) stops. Longer it goes on worse the inflation will get. When it stops and when/if pound recovers inflation will slow down, not before
Originally posted by ChimpMaster View PostSky put their subscription up by a pound today. And for what? The same ol' rubbish that they churn out day in day out. I've already cut the movies and sports and might be tempted to cut further, if only to make a point to them that I hate over-paying for this junk.
Yes I'd like to keep the Sports channel but it's a matter of principal now. And it gives me a good reason to get out of the house to watch the footie in the pub.
Inflation up everywhere, except in our rates & salaries.
He did not get the reference to "57 channels and nothing on" but even he agreed way too much advertising (roughly 25% of all transmissions), don't think he liked my counter to his suggestion of just watching stuff recorded on sky+ "why would i pay you to watch recorded stuff when i can not only download it in HD without ad's for free but also months ahead of you because i get direct from the states?"
He promptly terminated the callComment
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Originally posted by AtW View PostJob of BoE is to ensure inflation stays within given parameters - also, to a degree they were limited to, ensure stability of the banking system.McCoy: "Medical men are trained in logic."
Spock: "Trained? Judging from you, I would have guessed it was trial and error."Comment
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Originally posted by lilelvis2000 View PostWhen this all started I seem to remember some commentators being worried about deflation. It seems that the BoE has pretty well ensured that didn't happen (bastards!) and has now made sure that the poor are now poorer and the rich are still rich.Comment
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Originally posted by TimberWolf View PostGet rid of it. There's more than enough to watch on terrestrial + Freeview & Freesat. I was glad to get shot of it.McCoy: "Medical men are trained in logic."
Spock: "Trained? Judging from you, I would have guessed it was trial and error."Comment
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Originally posted by AtW View PostThe truth is that they are REALLY worried about deflation... of house prices!McCoy: "Medical men are trained in logic."
Spock: "Trained? Judging from you, I would have guessed it was trial and error."Comment
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Originally posted by Not So Wise View PostInflation will not stop until the "quantitative easing" (read: Printing money like there is no tomorrow) stops. Longer it goes on worse the inflation will get. When it stops and when/if pound recovers inflation will slow down, not before
Seems a boring story. Inflation is falling, they just hoped it'd fall faster.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by d000hg View PostDidn't they cease QE some months ago?
I doubt they stopped buying gilts by proxy (banks buy it from Govt to show good take up on Govt debt and resell to BoE straight away for a big fat commission), that's QE v2.
QE v3 will be when BoE starts buying repoed houses.
HTHComment
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