Originally posted by Jog On
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Reply to: Stagflation
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Previously on "Stagflation"
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Originally posted by TimberWolf View Postbtw are you still holding dollars? I crumbled and sold half of mine yesterday for approx 5% loss since I bought them, against GBP, and they're still falling. At least my gold has more or less made up my dollar losses. Next it will be Sterling's turn to fall I expect.
Probably something like this
http://www.rightmove.co.uk/overseas-...-26964206.html
Fantastic 5 bedroom, 4 bathroom property located in this stunning location with views of the inland waterways and close to the stunning beaches. Recently reduced from £475,000 to £299,000!
When it's <£200K for a 5 bed house with a pool, I'll snap one up.Last edited by DimPrawn; 4 November 2010, 11:20.
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Originally posted by DimPrawn View PostAt least the addition of last years hi-tech goods to the basket of staple items will keep the official rate of inflation a fraction of the real rate of inflation, after all we buy a plasma TV and original xbox every week and never buy food, clothes or pay for gas and electric.
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Originally posted by Jog On View PostAnd to top it all off people are out there shooting stags as well
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Originally posted by DimPrawn View PostTime for the BoE to print some more billions of pounds then.
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Originally posted by TimberWolf View PostWe aint seen nothing yet. It looks as if food, energy, clothes, insurance, etc. are all going to go stratospheric. Nothing that will push up the inflation figures though.
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Originally posted by TimberWolf View PostWe aint seen nothing yet. It looks as if food, energy, clothes, insurance, etc. are all going to go stratospheric. Nothing that will push up the inflation figures though.
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We aint seen nothing yet. It looks as if food, energy, clothes, insurance, etc. are all going to go stratospheric. Nothing that will push up the inflation figures though.
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Stagflation
Pay rises fall below rate of inflation | Metro.co.uk
Rising prices, low wages and high unemployment. This is the price of 13 years of Labour power.Tags: None
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