Tablet computers added to UK inflation basket

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TimberWolf replied

14 March 2012, 09:20
Good news, inflation is heading for -90% :

iPads advertised for £49.99 in Tesco online pricing blunder | Mail Online

Though sadly prices of everything will still be going up by 30% a year.
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TimberWolf replied

14 March 2012, 08:37
How do they keep track of tablet prices? A new model comes out every year.
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Old Greg replied

14 March 2012, 08:28
Originally posted by DimPrawn View Post

No really? It's almost like the govt want us to think we face deflation and then print trillions of £££ as a response, devaluing debt.

Great time to be in massive debt.

The smart money moved from cash to leveraged asset ownership some time ago.
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DimPrawn replied

14 March 2012, 08:23
Originally posted by Old Greg View Post

This is great news. Tablets will be deflationary. This well mask true rampant inflation, which is doing a great job of eroding savings and mortgages.

No really? It's almost like the govt want us to think we face deflation and then print trillions of £££ as a response, devaluing debt.

Great time to be in massive debt.
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Old Greg replied

14 March 2012, 08:17
This is great news. Tablets will be deflationary. This well mask true rampant inflation, which is doing a great job of eroding savings and mortgages.
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DimPrawn replied

14 March 2012, 08:02
Well some people here buy a new Apple product every month, so it's only a fair representation.

AND they took step ladders out of the basket.
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AtW started a topic Tablet computers added to UK inflation basket

13 March 2012, 22:59
Tablet computers added to UK inflation basket

Tablet computers, fiction books for teenagers and cans of stout are being put in the basket of goods used to calculate the UK's rate of inflation.

Items dropped from the basket include the cost of developing colour film.

The Office for National Statistics (ONS) updates the basket each year so the contents accurately reflect current trends in spending.

The basket contains 700 items, with 180,000 individual prices collected each month.

BBC News - Tablet computers added to UK inflation basket

Oh FFS!!!
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