Icesave Veterans Association

ozzylad

Time for a coffee break?

Let's hope the 'workers' are having a better day than this fella

amistupid

The shark's saying, "Diver's are alright but the tanks on their backs make you fart"

Tibbledom

Someone, was it Mel, was asking whether inflation really was zero or negative at the moment as a lot of figures are being bandied about.

A good question, so I thought I would have a quick look to see as the official inflation figures are just out. Unfortunately the headline figures are usually of little use as they quote the increase in prices over the last 12 months. Need to look at the monthly index figures really which reflects what a basket of "items" would cost in any month.

The RPI index (the one used to uprate Government pensions etc) is lower than the index for Feb 08.

The RPIX index (which allows for the distortion of mortgage interest payments in RPI so probably more relevant for someone who is mortgage free) is lower than the index for June 08.

The CPI index (used for the bank of England monetary targets) is lower than the index for May 08.

So my conclusion is that things are cheaper than Feb 08, June 08 or May 08 depending on what index is most relevant.

Obviously if 60% of your expenditure is say on Black Sheep ale for example then no doubt you can argue all indices are irrelevant.

It is a bit foolish to draw conclusions from such a short time period and such a selective analysis but it does give some comfort that real savings rates (after taking into account inflation) are actually not too bad even if absolute savings rates are low.

Sorry please ignore this post and return to the normal silliness.

amistupid

Everything's going Hunky-dory Martin says so.

Savers you've never had it so good?

amistupid

Tibbledom wrote: »

Obviously if 60% of your expenditure is say on Black Sheep ale for example then no doubt you can argue all indices are irrelevant.

Yes I have cut down during the recession. :rotfl:

amistupid

Originally Posted by Tibbledom

Obviously if 60% of your expenditure is say on Black Sheep ale for example then no doubt you can argue all indices are irrelevant.

After 5 pints everything is irrelevant

Tibbledom

Crikey, Martin in his post even use the same "psychological" word I used the other day in this post. Perhaps he reads this thread :eek:

It's brave of him to say that because it is not a popular view to hold that savers are doing quite well.

amistupid

Implicateorder wrote: »

Ooooooooh! Just been swept away for a wonderful romantic weekend

And, by a strange coincidence, in Oxford prison :eek::eek:

What or where is Oxford prison. I miss her.

Bit harsh 3 months for TV licence evasion.

amistupid

Then there's Olivia not seen for a week. She must have found her dream dog. I told her to train it to come back before letting it off the lead.

Last spotted chasing it through the Midlands.

amistupid

amistupid wrote: »

What or where is Oxford prison. I miss her.

Bit harsh 3 months for TV licence evasion.

Googled .............. Hotel, coverted from the prison, no TV allowed (not too much of a problem there then), porridge for breakfast, lunch and evening meal. Can't even get a little fruity in case the staff check your moves through the peep hole.