Interest rates 'may hit 8pc' in two years

StevieJ

Graham_Devon wrote: »

t.

Wage inflation at 1% when general inflation is 5%, is what most regard as falling wages, less income etc.

A highly unlikely scenario, inflation only bites long term when supported by wage inflation.

Really2

Graham_Devon wrote: »

A
It's getting a lil silly, as now, you are saying no one knows. But have quite clearly told us differently and have quite clearly said with inflation comes wage inflation. So you knew, up until the point you were questioned, and now, all of a sudden, its impossible to say.

If you yourself can't even tell me what you are talking about and describe your own words and thoughts when you describe a situation it's no wonder we often end up in these stupid to and fro posts.

I have said with inflation usally comes wage inflation, you dispute that.


It is you looking silly as you want to know in the next boom will wage inflation be the same or more than general inflation.
Not silly at all?

Graham_Devon wrote: »

I'm not asking them to predict the future or anything like that. I'm just asking what they

You seem sure you know GD so tell me, you avoided it the last time I asked tell me what will happen please?
If I am silly saying I cant be sure, tell me what you are sure about.

Exocet

Really2 wrote: »

Use another source then, google wage spiral, I have not made it up.

Unfortunately I am temporarily banned from using Google, but I'll take your word for it. Didn't mean to offend...much. Hadn't seen that warning on Wiki before. Basically it says "the following has been written by someone with a message to get across". Might as well be stuck on the top of your computer screen and apply to everything you read.

I honestly don't think the truth is out there. Anywhere.

Graham_Devon

Really2 wrote: »

I have said with inflation usally comes wage inflation, you dispute that.

LOL.

Class.

You really are a case!

One simple question, and you are absolutely foobarred

Really2

Graham_Devon wrote: »

LOL.

Class.

You really are a case!

One simple question, and you are absolutely foobarred

!!!!!! do you want answering.
I posted this at 4pm.

Really2 wrote: »

You could ask anybody on here you respect and I am sure they would tell you it is impossible to know.
It could be higher, lower or the same as general inflation that is just how it goes unfortunatly.

Tell me what you think or !!!!!! you are asking now? I do not know if wage inflation will follow general inflation in the next cycle.

Do you? you really are the most annoying person on earth.

Really2

To recap.

Graham_Devon wrote: »

How many posts? How many times can you ignore the same question?

When YOU talk of wage inflation, in response to inflation posts, i.e. you say "If we get high inflation we will also see wage inflation".

Are you:
A) Saying wage inflation will keep up with inflation
Saying we will simply get "some" wage inflation

Answer B is pretty much a given.

Why do you (both) consistently ignore the question? It's very very simple to answer.

Really2 wrote: »

It could be higher, lower the same you don't know until you get there. If I knew I would be down the bookies now, filling in a lottery ticket and buying shares of everything I knew the future of.

But at last you admit wages tend to inflate in an inflationary environment.

Really2 wrote: »

There is no way of knowing what wage inflation will do based on what you asked.

You could ask anybody on here you respect and I am sure they would tell you it is impossible to know.
It could be higher, lower or the same as general inflation that is just how it goes unfortunatly.

Read this, it may help get a grasp of things.
http://en.wikipedia.org/wiki/Price/wage_spiral

It is pointless it coming from me.

What did I not answer, what can you not understand????

Exocet

Really2 wrote: »

What did I not answer, what can you not understand????

Breathe deeply, count to to three and... relax. Imagine a small brown dot on the middle of your forehead and focus entirely on it until you feel external influences melting away. Light some candles or turn the Glade o Matic up to its maximum output. You are content, you are one.

Graham_Devon

Really2 wrote: »

!!!!!! do you want answering.

You'd like me to ask again?

Shall we start again? No, I wont bother, just read page 7 and 8.

Chucky says:

chucky wrote: »

if there is growth in the economy it means... wage inflation etc and we all know what wage inflation will do to house prices...

That would suggest that because inflation happens, chucky see's enough wage inflation not only to keep up with general inflation, but also to push house prices up.

Now, it doesn't take a genius to work out that thats a helluva lot of wage inflation chucky is talking about.

My question was simple. Do YOU (thats you, not wiki, not google, not the telegraph, you) see wage inflation keeping up with the pace of inflation. Yes...or...no?

I've given you A and B answers. I've asked "yes or no". But seems you really are determined not to answer this easy peasy little question.

Yourself and chucky are writing posts, suggesting that if high inflation happens, so does high wage inflation. Your going to say "I never said that!!". Re-read the quote above to see what chucky thinks wage inflation can do, not only keep up with general cost of living inflation, but also push house prices up.

If it's going to push house prices up, then it's going to have to keep pace with cost of living inflation. Right? Otherwise, how can it push house prices up if it doesn't keep pace with general inflation and were all poorer?

I've had to come to my own conclusion that you are suggesting high wage inflation, because, funny old world, you won't answer the god damn question.

Now, my friend. I cannot explain this any clearer.

If you wish to leave it, as I suggested above, then just say so, and I will say no more on this thread. But please, don't expect to go round writing posts suggesting wage inflation will keep up with inflation, and then once asked what you actually mean by wage inflation, throw an absolute hissy of a fit and come up with god knows how many ways of avoiding the question.

I will suggest that if you have no idea what wage inflation will do, you don't go round saying "well if we get inflation, we get wage inflation" in a way which dismisses inflation as a non problem as wages will sort it out.

Really2

Exocet wrote: »

Didn't mean to offend...much.

Not offended, just can't believe some people do not understand you need money to support sustained inflation.

Really2

Graham_Devon wrote: »

Do YOU (thats you, not wiki, not google, not the telegraph, you) see wage inflation keeping up with the pace of inflation. Yes...or...no?

I've given you A and B answers. I've asked "yes or no". But seems you really are determined not to answer this easy peasy little question.

I still stick by I don't know, but I would say based on the thread QE etc.

It would keep up there and about over a period.

C) It would follow a wage spiral. Setp 1 Inflation goes up wages go up, wages causes inflation. go back to step 1.

So it is not A or B. It would keep moving up and down during the cycle.

Clear enough for you. The guy is talking of £200Bn of QE causing inflation. That has to mean a wage spiral would be happening or the sustained inflation would not happen or the boom he talks about.