Reply to: BBC logic - High tax is good for us as it softens price rises

[RichardCranium]

The best bit about banging my head against the wall is that warm fuzzy feeling when I stop.

Was this in the "Pisstake" section of the Beeb site?

[threaded]

Stabbins too good for em

[HairyArsedBloke]

It has been argued in the past (I can’t be bothered to look up a citation) that increased fuel costs can alleviate the need to increase interest rates as it has the same effect (i.e. cooling demand) in the fight against inflation. Depends on how you measure inflation, of course; it’s one of those core/non-core inflation things.

[sasguru]

Who is high inflation good for?

Borrowers. As I'm not one I'm glad the Bank has decided to go the low inflation, high interest rate route.

[TimberWolf]

On the same principle high interest rates are good for borrowers, and low interest rates are good for savers.

Who is high inflation good for?

[sasguru]

Rub the magic lamp and another thick Socialist twerp appears.

Speaking of thick, how did you come to that conclusion, cretin features?

[NotAllThere]

On the same principle high interest rates are good for borrowers, and low interest rates are good for savers.

[DimPrawn]

Now now Nick you know the rules: ranting, mindless prejudice and pretend expertise are the rules. Don't you try your reasonableness on us.

Rub the magic lamp and another thick Socialist twerp appears.

[Marina]

Because they don't say which "economists" actually believe that leftie bulltulip.

Maybe not (I haven't checked), but a pound to a pinch of pig tulip says it's gurning monkey-face NuLab apologist Evan Davis

[Cyberman]

So there you have it folks, Gordon is protecting us from sharply rising commodity prices by drowning them in tax.

Give me zerotaxland where petrol is under half price and my standard of living would be so much higher. Just what do we get from taxes that we now work until June for ??!! I know...... membership of the EU, a world class NHS, and rubbish collection occasionally !!

[sasguru]

Do you expect a list? There must be many thousands of economists in the world (God help us all), so they can hardly be expected to specify exactly which subset adhere to any particular theory.

Now now Nick you know the rules: ranting, mindless prejudice and pretend expertise are the rules. Don't you try your reasonableness on us.

[NickFitz]

Because they don't say which "economists" actually believe that leftie bulltulip.

Do you expect a list? There must be many thousands of economists in the world (God help us all), so they can hardly be expected to specify exactly which subset adhere to any particular theory.

[DimPrawn]

Why is it described as "BBC logic"? Isn't it the logic of "some economists", as reported by the BBC?

Because they don't say which "economists" actually believe that leftie bulltulip.

[NickFitz]

Why is it described as "BBC logic"? Isn't it the logic of "some economists", as reported by the BBC?

[Lucy]

Or pay all the doctors the same amount nomatter how rubbish they are, don't give people a choice about which ones they see and they think they are getting a good 'free' health system.