Deflation news

[AtW]

UK inflation rate rises to 2.7% in May

The Bank of England has said it expects inflation to exceed 3% this year.



BBC News - UK inflation rate rises to 2.7% in May

[Mich the Tester]

Obviously not printing money quickly enough.

[northernladuk]

WTF???!? I click on the calculator to see if it made me poorer... here..

BBC News - Calculate your inflation rate

Fill all the details in.. Left Full Time Education at 16 and employed and the result is...

Households like yours spend more than average on: Education
Households like yours spend less than average on: Housing, water, electricity, gas and other fuels
Your inflation rate is most like that of Peppa Pig’s family. Find out why.

How does it tell me that I spent more than average on Education when I left free schooling at 16??!

And ******* Peppa pig? WTF!?!? I click to see what this crap is about and find this page...

BBC News - Inflation secrets of the TV families

Peppa Pig
Household size: 4
Number of children: 2
Age: 35
Employment status: Employed
Age left full-time education: 23
Income: £48,000

What the **** is the BBC doing? I have never seen so much crap, linked through to a serious article.. Not the BBC's usual standards. V Disappointed.

[Mich the Tester]

crap, ...V Disappointed.

Yep, crap indeed; income box doesn't render properly and no option 'self employed'.

[DimPrawn]

Luckily our houses will make us all millionaires!

[Mich the Tester]

Luckily our houses will make us all millionaires!

You mean you aren't a millionaire?

Poor chap.

[AtW]

Luckily our houses will make us all millionaires!

"It said most people expect house prices to rise in the next 12 months, with just 9% predicting a fall"

BBC News - House price 'bubble' warning from Building Societies

[DimPrawn]

"It said most people expect house prices to rise in the next 12 months, with just 9% predicting a fall"

BBC News - House price 'bubble' warning from Building Societies

I bought after the crash, but before the printing presses took off.

I hear rents are rising rapidly.

HTH BIDI

[Mich the Tester]

I bought after the crash, but before the printing presses took off.

I hear rents are rising rapidly.

HTH BIDI

Actually I think Old Hackdonald has (possibly accidentally) got the best scheme to be rich in the future; agricultural land. Just wait; farmers are going to do very well indeed. Rising world population, rising demand for land for bio-fuels, growing middle class in the developing world who will eat more and more meat, increasing opposition among middle classes to productivity gains through GM food and chemical use, it's all adding up to be good for farmers.

[Old Hack]

Actually I think Old Hackdonald has (possibly accidentally) got the best scheme to be rich in the future; agricultural land. Just wait; farmers are going to do very well indeed. Rising world population, rising demand for land for bio-fuels, growing middle class in the developing world who will eat more and more meat, increasing opposition among middle classes to productivity gains through GM food and chemical use, it's all adding up to be good for farmers.

Definitely accidentally

It's not going to be big though, just get us along. But I do see it as making enough to live comfortably, backed up with a few flats.

Might start looking at more acres though, if they come up, but it's around 7k an acre down there