Quantitative Easing working

[Bagpuss]

a <0.5 % drop got mentioned as a slump the other week

[PM-Junkie]

Notice how the BBC switch between CPI and RPI when it suits them/Labour!

Notice how the Dow Jones rose by 7% (nearly 500 points) yesterday, and it managed one sentence from the BBC? If it had been a 500 point drop, it would have covered every news bulletin, over and over again.

That company is a damned disgrace, and the fact that I am helping to pay for it through the BBC tax makes me want to barf.

[denver2k]

It looks like jobless people with families would soon find themselves in expensive food and grocery prices...and they are f**** ....

Why not try qualitative easing now...just for a change and for the education of economically illiterate population who at least learned some buzzwords, thanks to depressive recession

[Solidec]

Notice how the BBC switch between CPI and RPI when it suits them/Labour!

When CPI Inflation is above target, quote RPI a lot and continue to tow the Govt/BoW line of Deflationary fears.

When CPI is low, dont mention RPI at all.

You can spin most news to make it appear how you want!

Never mind the fact that RPI at 0% is really a bit of bollox as considering most people are on fixed rate mortgages, how can the cost of mortgages relfected in the real population have come down?

As far as I am concerned, I am most certainly NOT worried about my personal spending being subject to deflation, quite the opposite.

Electricity bill is going to be horrid when it comes in soon (winter quarter), food prices still rising, petrol on the up again, rent is fixed, council tax fixed, water rates up, etc etc.

[thelace]

But when you take into account morgage interest it's actually fallen. Great news for the indebted, not so good for pensioners.

**** the pensioners...

whatever happened to live fast, die young

[Ruprect]

BBC reports that "inflation dampened", Times reports "UK Economy on brink of deflation"

[Cyberman]

QE started in March. The reported February CPI inflation is imported (apparently).

The pound has fallen and this does indeed make imports more expensive.

[M_B]

QE started in March. The reported February CPI inflation is imported (apparently).

[Cyberman]

That's nothing to do with QE at all.

[Bagpuss]

But when you take into account morgage interest it's actually fallen. Great news for the indebted, not so good for pensioners.

[BlasterBates]

it works after all...

QE begins to work