The Inflation rate used to be directly linked to soaring house prices and spiralling wage demands. But it is now rising despite both those items flatlining. Clearly the criteria used to measure the inflation rate has changed. So the answer must be to simply measure the inflation rate against items that are decreasing in value and hey presto....fixed!
Boomed again!!
This Chancellor lark is a dawdle.
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Previously on "SKA News"
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Bring on the 5%+ rates... then I'll grab myself a few more bargains from the repo-man to rent out
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Originally posted by Gonzo View PostEven if interest rates quadruple, 2% is still very, very low.
If that is the straw that breaks the camel's back it just goes to show just how ****ed up the country is. Still, where in the world isn't ****ed up at the moment?
People borrowed when interest rates were 5%+, they should be glad interest rates don't go up to 10%.
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Even if interest rates quadruple, 2% is still very, very low.
If that is the straw that breaks the camel's back it just goes to show just how ****ed up the country is. Still, where in the world isn't ****ed up at the moment?
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Originally posted by DimPrawn View PostYou not getting a pay rise then?
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Originally posted by DimPrawn View Post'Mortgages to soar and interest rates to quadruple in a year¿ warns Bank of England | Mail Online
AtW will be over the moon.
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Does this mean the real inflation rate is in 3 figures now?
I've just bought a budget camera for £20 more than it cost 6 months ago, and as it turned out this 1 year old camera was the best model I could find for a budget price.
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SKA News
'Mortgages to soar and interest rates to quadruple in a year¿ warns Bank of England | Mail Online
AtW will be over the moon.Tags: None
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