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BOE expects "sharp rise" in inflation over coming months

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Comments

  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    nearlynew wrote: »
    Inflation is theft.


    Pure and simple.

    No doubt you'll be turning down any pay rises you get offered next year to help fight inflation?
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    edited 24 September 2009 at 7:53PM
    JonnyBravo wrote: »
    No doubt you'll be turning down any pay rises you get offered next year to help fight inflation?


    "fight inflation"

    Don't make me laugh.


    It is obvious from this statement that you haven't a clue what inflation is or how it is caused.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • amcluesent
    amcluesent Posts: 9,425 Forumite
    edited 24 September 2009 at 8:19PM
    Stock market is pure froth thanks to QE and the sheeple piling in. Now is the time to short FTSE.

    Big inflationary problems ahead.

    £ down 30% against Euro and $ and international commodity prices are up as Asians etc. come out of recession.

    Savings rates are being suppressed, liquid cash is sloshing about creating asset bubbles that drive inflation ($150+ oil?)

    Taxation will be up, passed on in price rises.

    EE going home, boomers are retiring, anyone 30-50 with skills will hike up their pay demands (GPs all on £100K+) driving up inflation in service sector.
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    nearlynew wrote: »
    Inflation is theft.

    Do you have that tattooed accross your forehead?
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Cleaver wrote: »
    Do you have that tattooed accross your forehead?

    No.

    On one of my boll0cks
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    amcluesent wrote: »
    Stock market is pure froth thanks to QE and the sheeple piling in.

    Am I right in thinking that the only way the stock market can go up is by people buying shares? So aside from 'sheeple piling in', how else would it rise?
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    nearlynew wrote: »
    No.

    On one of my boll0cks

    What a pile of !!!!!!.
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Nearly, I kinda know but interested to hear it from you: can you give me a quick rundown of what you mean and understand by 'inflation is theft'? You do write it on here a lot.
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Raoul_Duke wrote: »
    On a lighter note are you going to the arms manchester drink on sunday?

    Is that this Sunday? I'm down in London this weekend for a friend's birthday and not coming back until Sunday evening I'm afraid.

    I don't know if I'd do an arms-based drink to be honest. Now, if everyone on this board met up I might be tempted...
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Cleaver wrote: »
    Is that this Sunday? I'm down in London this weekend for a friend's birthday and not coming back until Sunday evening I'm afraid.

    I don't know if I'd do an arms-based drink to be honest. Now, if everyone on this board met up I might be tempted...

    Coming to Viva's spa then?
This discussion has been closed.
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