Deflation news

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DimPrawn replied

16 November 2011, 20:11
I see gold priced in £ looking nice thanks to Merv.

More QE means even more inflation. They'll deny it of course. If they devalue the money slowly enough it's like boiling a frog. 20 years of a slow slide into poverty for most UK citizens.

More QE will also prop up house prices as people realise their savings are worth pish, another govt/BoE objective.
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Freamon replied

16 November 2011, 19:41
This is rather good:

Many Eyes : Retail price for all categories of goods from when index began
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TimberWolf replied

16 November 2011, 17:52
Originally posted by CheeseSlice View Post

Thats fine, the value of Sterling will have decreased by 600% by then, so energy will be comparatively cheap

Yeah, printing our way out of debt is a sure fire solution to all our problems.
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CheeseSlice replied

16 November 2011, 17:32
Thats fine, the value of Sterling will have decreased by 600% by then, so energy will be comparatively cheap
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TimberWolf started a topic Deflation news

16 November 2011, 16:45
Deflation news

Fuel cost increase: Energy prices could soar by 60% by 2021 | Mail Online

But don't worry, inflation is only 5%.

And it might come lower still with more printing on the way:
Bank of England signals more QE - FT.com

Damn, just noticed the 2021 date. wtf, as you were.
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