Cable Forum - The shape of prices to come?

Cable Forum (https://www.cableforum.uk/board/index.php)

- Current Affairs (https://www.cableforum.uk/board/forumdisplay.php?f=20)

- - The shape of prices to come? (https://www.cableforum.uk/board/showthread.php?t=33675004)

chris9991

16-02-2011 11:42

The shape of prices to come?

The Bank of England has released its latest Quarterly Inflation Report

http://www.bankofengland.co.uk/publi...rt/ir11feb.pdf

Looks like more inflation and less growth is on the way. It appears that the UK growth is coming through at the lower end of estimates.

But we will have 2% inflation in two years time - result!

dazzer89

17-02-2011 06:26

Re: The shape of prices to come?

Quote:

Originally Posted by chris9991 (Post 35175622)

But first we'll have bread at Â£4 a loaf, petrol and diesel at Â£7 a gallon. These Tories are good at inflation aren't they?

papa smurf

17-02-2011 06:31

Re: The shape of prices to come?

Quote:

Originally Posted by dazzer89 (Post 35176241)

But first we'll have bread at Â£4 a loaf, petrol and diesel at Â£7 a gallon. These Tories are good at inflation aren't they?

bbbut poor people can eat cake and ride to work [if they have a job still ]on their bikes , don't worry the big society will sort it all out [that where we all work for nothing ]:(

Gary L

17-02-2011 09:23

Re: The shape of prices to come?

I can see a big return of poverty in this country. the cost of living is going up constantly at a fast rate.
petrol - car insurance - food - gas - electric - more

that and constant cutbacks will see poverty return and a massive rise in crime increase.

the government are taking jobs from people and then moaning at them for not having a job and claiming benefits.

just wait and see. this country is going to be a right mess soon. and I'm going to stand back and watch :)

Osem	17-02-2011 11:56

Re: The shape of prices to come?

Quote:

Originally Posted by Gary L (Post 35176317)

just wait and see. this country is going to be a right mess soon. and I'm going to stand back and watch :)

The country's been in a mess for quite some time, it's just that people were too busy spending money they didn't have to notice..

Derek

17-02-2011 12:04

Re: The shape of prices to come?

Quote:

Originally Posted by dazzer89 (Post 35176241)

These Tories are good at inflation aren't they?

Yep. In fact almost as good as labour were at realising money out needs to resemble money in or else you end in the poop.

Osem	17-02-2011 12:10

Re: The shape of prices to come?

Quote:

Originally Posted by Derek (Post 35176414)

Yep. In fact almost as good as labour were at realising money out needs to resemble money in or else you end in the poop.

Yes, just like Brown and Darling before them, Milliband and Balls still don't seem to appreciate that. Spend now pay later....... :rolleyes:

danielf

17-02-2011 12:22

Re: The shape of prices to come?

Quote:

Originally Posted by heero_yuy (Post 35176308)

Given that it takes the best part of a year for any government policies to work into the economy you have the last (Labour) administration to thank for our current inflationry woes. Spending money you haven't got and then pumping more borrowed money in by quantative easing was always going to produce inflation and that's before commodity prices went through the roof.

Only the action by the coallition has prevented the bank of England from having to raise interest rates and pile on the agony.

Not sure how that works. It takes the best part of a year for government policies to work into the economy, so we need to thank Labour for the current inflationary woes, yet the coalition actions miraculously prevent the BoE raising interest rates at short notice? Cake, eat it, and have?

All times are GMT. The time now is 23:41.