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Debate House Prices


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Venezuela inflation rate hits 30%

Asheron
Asheron Posts: 1,229 Forumite
in Debate House Prices & the Economy
Venezuela's annual inflation rate has surpassed 30 percent after consumer prices surged in April.

http://apnews.myway.com/article/20100508/D9FIDGM01.html
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Comments

  • A._Badger
    A._Badger Posts: 5,881 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    More socialism in action.
  • DaddyBear
    DaddyBear Posts: 1,208 Forumite
    If the UK's inflation figures weren't completely doctored we'd be running close to 10%.
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    DaddyBear wrote: »
    If the UK's inflation figures weren't completely doctored we'd be running close to 10%.


    What's worse is all the f*cking idiots who pay any attention to government statistics.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    If you look at the M4 figures, you will see that its not going to be staying high for too long. Lots of deflation in the pipeline. Lots of value being destroyed.
  • Bullfighter
    Bullfighter Posts: 414 Forumite
    mbga9pgf wrote: »
    If you look at the M4 figures, you will see that its not going to be staying high for too long. Lots of deflation in the pipeline. Lots of value being destroyed.

    You are confusing monetary inflation with price inflation.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    DaddyBear wrote: »
    If the UK's inflation figures weren't completely doctored we'd be running close to 10%.


    A couple of years ago the Saturday Telegraph started it's own UK inflation index as obviously the Labour Government's was fixed (i.e far too low).. and so it proved for a while
    they call it the Real Cost of Living Index

    its published every Saturday.. yesterday's was.... 0.9%.. just goes to show what depths these socialist Brown loving newspapers will stoop to

    shocking.
This discussion has been closed.
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