Inflation, inflation, inflation

[Freamon]

Strange, its almost like somebody has been flooding the economy with billions of new bank notes

Not unless said banknotes are being helicopter dropped on hectares of corn, causing a poor harvest, or are being used to bung oil wells etc.

[TimberWolf]

And fire up the prining presses again. This is why we won't be seeing interest rate rises.

And even if they did rise, they'd be making a big song and dance about a +0.25% increase, while inflation raged at 10 or 20%. Savers look to be well fooked. Who takes any notice of BoE base rates anymore anyway?

[AtW]

Strange, its almost like somebody has been flooding the economy with billions of new bank notes

These printed money don't go into economy - they go into commodities, or more precisely using that money to leverage even more existing money to pour all that cashflow into commodities using all sort of dodgy geared tulipy instruments that were primarily designed to enable dirty spekulation.

You are paying for all this in increased fuel prices, food, anything made of real materials, anything that is virtual but requiring electricity to supply, basically in a word you are fooked.

Have a nice day.

I know I didn't.

[DimPrawn]

2011 is going to be a rough rough year.

From the retail side now had six 10% plus rises from suppliers and a rise in electricity of 15%.

It's unsustainable.

Double dip by April.

And fire up the prining presses again. This is why we won't be seeing interest rate rises.

[MarillionFan]

2011 is going to be a rough rough year.

From the retail side now had six 10% plus rises from suppliers and a rise in electricity of 15%.

It's unsustainable.

Double dip by April.

[CheeseSlice]

CPI inflation 3.7%, RPI 4.8%

Strange, its almost like somebody has been flooding the economy with billions of new bank notes

[DimPrawn]

Zimbabwe December inflation slows to 3.2 pct y/y | News by Country | Reuters

[rootsnall]

National Statistics Online - Inflation

CPI inflation 3.7%, RPI 4.8%


And most people are earning what they earned 10 years ago!

5 yr NS&I Index Linked

[ThomasSoerensen]

So it seems the politicians big plan is working according to schedule.

Poor citizens.

[DimPrawn]

National Statistics Online - Inflation

CPI inflation 3.7%, RPI 4.8%


And most people are earning what they earned 10 years ago!