Massive fall in UK inflation, at last!!!

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AtW replied

13 December 2011, 14:57
Originally posted by BrilloPad View Post

No. I bought a flat in Birmingham instead. Surely a far better hedge against EuroGedden.

A flat is a place to live - sadly the bank decided it is better to keep long term bad debt on the books rather than actually write it off and get 70% back.

I bet they value it at 100% at the moment still
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DimPrawn replied

13 December 2011, 14:47
Originally posted by AtW View Post

Did you buy much gold recently?

I bought another £30K worth yesterday.
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BrilloPad replied

13 December 2011, 14:38
Originally posted by AtW View Post

Did you buy much gold recently?

No. I bought a flat in Birmingham instead. Surely a far better hedge against EuroGedden.
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AtW replied

13 December 2011, 14:36
Did you buy much gold recently?
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BrilloPad replied

13 December 2011, 14:36
I love the way the papers report inflation is falling as if prices are going down....
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DimPrawn replied

13 December 2011, 14:35
So the price of things are going up by nearly 5% pa on average and we should all breathe a sigh of relief as the BoE prepares in Feb to print ANOTHER 1/2 trillion £££ to debase the £ and shrink debts by default.

The Euro may be all but dead but so is the £.
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AtW started a topic Massive fall in UK inflation, at last!!!

13 December 2011, 14:32
Massive fall in UK inflation, at last!!!

It's now only 4.8%.

Guess Sir Merv will have to write one of those letters again.

BBC News - UK inflation rate falls to 4.8% in November
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