Shocked beyond belief

[sasguru]

So how long do we have to wait until the CUK brains trust who predicted QE would lead to runaway inflation admit they don't know squat?
?

As it happens I wasn't one of those, but as someone has pointed out, if things that really matter like fuel, food and energy bills are taken into account, it's certainly risen by a lot more than the headline figure.
Cretin.

[d000hg]

'A lot more' is not the same as what was predicted - people were citing German history as what QE would lead to.

Dullard.

[DimPrawn]

'A lot more' is not the same as what was predicted - people were citing German history as what QE would lead to.

Dullard.

We are only in the early stages of QE. Most people can see that inflation is much higher than the fiddled figures but more importantly that the govt are stoking inflation on purpose as a way to erode debt.

Much more QE is in the pipeline and a lot more inflation awaits us.

[sasguru]

'A lot more' is not the same as what was predicted - people were citing German history as what QE would lead to.

Dullard.

Yes and you believed them, hence your surprise
You really are a prize moron.

[Doggy Styles]

So how long do we have to wait until the CUK brains trust who predicted QE would lead to runaway inflation admit they don't know squat?

Or is it like climate change, we have to keep waiting because you'll be right eventually?

Who knows what will happen. As long as it's a short term tactic to get us over the trough in the economy. It seems to have avoided deflation for the moment, so I suppose that's a good thing.

[Robinho]

So how long do we have to wait until the CUK brains trust who predicted QE would lead to runaway inflation admit they don't know squat?

Or is it like climate change, we have to keep waiting because you'll be right eventually?

At the minute the economy is flatlining and banks are not lending, the shrinking of the money supply is being replaced by QE. When the situation reverses the true extent of the money printing that has gone on will be felt.

[d000hg]

We are only in the early stages of QE. Most people can see that inflation is much higher than the fiddled figures but more importantly that the govt are stoking inflation on purpose as a way to erode debt.

Much more QE is in the pipeline and a lot more inflation awaits us.

That's basically the same argument the climate change brigade use "oh well yes it's not happening as fast as we predicted it definitely would, but it definitely will happen"

Yes and you believed them, hence your surprise
You really are a prize moron.

I think if you trawled the site history you'd find I thought they were talking rubbish, if I commented at all.

[sasguru]

That's basically the same argument the climate change brigade use "oh well yes it's not happening as fast as we predicted it definitely would, but it definitely will happen"
.

It's happening now.
HTH.

[shaunbhoy]

It's happening now, and has in fact been happening for countless millenia
HTH.

ftfy

[AtW]

Inflation is NOT the problem.

It's the general lack of disposable income that's the problem.

HTH