Originally posted by DimPrawn
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Reply to: Will the BoE cut interest rates today?
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Previously on "Will the BoE cut interest rates today?"
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Property prices will surge.
I told you you should have bought my BTL empire.
I now withdraw the offer, and await another £1M profit next year.
Uber Boomed!!!
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http://forums.contractoruk.com/gener...tml#post130345
From MF's post
Sounds very familiar
I'm a member of a Contractors Bulletin Board on the 'interweb'. This site has always had it's members of different persuasions & different opinions, but recently it seems as if it's just two members who post constantlyThe first member is obviously quite technically gifted. But this is where it finishes. He constantly tries to have the last word on every thread. He offers advice to everyone about every subject. He's a real know-it-all, but really seems to know nothing.
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Ah - a much better selection than has been offered in the past!Originally posted by Xenophon View PostFor the benefit of Board Game Geek, DiscoStu, TimberWolf, Troll and anyone else who ticks one of the last 3 boxes:
http://forums.contractoruk.com/light...erk-forum.html
http://forums.contractoruk.com/light...-atw-andy.html
http://forums.contractoruk.com/gener...tml#post130332
http://forums.contractoruk.com/gener...tml#post130345
But why is there an "I am AndyW option"?
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What he said.Originally posted by sasguru View PostThe BoE is in real trouble. Even the fake (as we all know) official inflation figure is too high. The real inflation figure is probably in 2 figures. So really they should increase rates. But the economy is on the verge of a cliff, so the pressure is to cut.
We are in a real risk of stagflation - poor or no growth and high inflation, like the 70s.
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For the benefit of Board Game Geek, DiscoStu, TimberWolf, Troll and anyone else who ticks one of the last 3 boxes:
http://forums.contractoruk.com/light...erk-forum.html
http://forums.contractoruk.com/light...-atw-andy.html
http://forums.contractoruk.com/gener...tml#post130332
http://forums.contractoruk.com/gener...tml#post130345
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there is a big difference between inflation for lower/middle/upper class.Originally posted by sasguru View PostThe BoE is in real trouble. Even the fake (as we all know) official inflation figure is too high. The real inflation figure is probably in 2 figures. So really they should increase rates. But the economy is on the verge of a cliff, so the pressure is to cut.
We are in a real risk of stagflation - poor or no growth and high inflation, like the 70s.
in the 1980's recession there was a big north/south economy divide and there were calls for a northern pound and southern pound.
maybe we now need a lower/middle/upper class pound?
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The BoE is in real trouble. Even the fake (as we all know) official inflation figure is too high. The real inflation figure is probably in 2 figures. So really they should increase rates. But the economy is on the verge of a cliff, so the pressure is to cut.
We are in a real risk of stagflation - poor or no growth and high inflation, like the 70s.
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So, there's a load of heavy s*** on the horizon because we are in too much debt, and yet all the political commentators are advocating we drop interest rates and make borrowing easier!
The Bank is not responsible for propping up the house market, its brief was to set rates to curb inflation, and inflation is rising.
Let's see if the Bank really is independent.
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