Inflation rising, stocks down - end of housing boom?

[milanbenes]

try telling that to the sasguru !

thanks Bob,

Milan.

[bogeyman]

a basket of household goods, like mars bars, ladies' thongs and PS2 players.

My weekly shop consists of little else.

[milanbenes]

Stacker,

if you look in the back of the economist, in the back few pages it gives you stats on what countries are printing what money and by what percentage, it makes shocking reading

the thing is, our cousin across the pond is driving this as he is printing like mad, helicopter ben loves it, and therefore as a result everyone else has to print as well otherwise their currencies will become expensive against our cousins

Milan.

[stackpole]

Stacker,

if you look in the back of the economist, in the back few pages it gives you stats on what countries are printing what money and by what percentage, it makes shocking reading

I'm sure it does, but what I want to know is, why isn't this M3/M4 - GDP calculation used as a headline measure of inflation?

[milanbenes]

because then everybody would know the truth, we can't have that can we.

and besides, our cousins across the pond, within the last few months stopped (for ever) reporting their M3 numbers, make what you want of that !

Milan.

[stackpole]

because then everybody would know the truth, we can't have that can we.

That doesn't stack up as a reason. For a start, it isn't in the interest of the tory press to keep it quiet.

[milanbenes]

the job for the rulers of the country is to remove anything from the inflationary measurement basket which rises in % higher than the % they want inflation to be reported as

hth

Milan.

[milanbenes]

it is if they are being told to tow the line

wheels within wheels my friend

their is more to this stuff and who is pulling the strings than immediately meets the eye

Milan.

[threaded]

That doesn't stack up as a reason. For a start, it isn't in the interest of the tory press to keep it quiet.

Erm, you don't read the tory press then I take it?

One paper have their own measure of inflation, and gives a similar result to that mentioned earlier in this thread (about 8%).

HTH

[stackpole]

the job for the rulers of the country is to remove anything from the inflationary measurement basket which rises in % higher than the % they want inflation to be reported as

hth

Milan.

But we aren't talking about the basket, we are talking about the precise measure.