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Interest rates 'may hit 8pc' in two years

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    You'd like me to ask again?

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

    Chucky says:


    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.
    i can't believe that you're still twisting and still trying to spin yourself out of the muddle you've put yourself in.

    and to be clear i didn't say there would be "enough wage inflation not only to keep up with general inflation, but also to push house prices up." you're lying and you've made that up.

    i said there could be enough wage inflation for nominal rises that are less than inflation - Post 157 shows how you can nominal HPI with real house price fals with wage inflation.

    stop lying and just admit you where wrong.

    i can't believe you didn't know what wage inflation was pmsl
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    I still stick by I don't know

    Wow, would never have guessed ;)
    Clear enough for you.

    Yups.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    [QUOTE=chucky;35982969
    and to be clear i didn't say there would be "enough wage inflation not only to keep up with general inflation, but also to push house prices up." you're lying and you've made that up.[/QUOTE]

    I know you didn't say it.

    If you had, we wouldn't have had 2 pages of the same question asking if thats what your suggesting, genius boy :D
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    edited 23 August 2010 at 8:56PM
    Wow, would never have guessed ;)



    Yups.

    I answered
    So Graham, your take????????????????????????????????????????


    I won't wait.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    I know you didn't say it.

    If you had, we wouldn't have had 2 pages of the same question asking if thats what your suggesting, genius boy :D
    so you've been arguing for the last 8 pages when you haven't got a clue what wage inflation is - typical :rotfl:
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    chucky wrote: »
    when you haven't got a clue what wage inflation is - typical :rotfl:

    TBF he has got a foot pump ready for it.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    I answered you pretentious cretin.

    So Graham, your take????????????????????????????????????????


    I won't wait.

    Hey now, calm down. You've answered, I've accepted your answer. Job done.

    My take? Wage inflation won't keep up with the pace of general inflation.

    Could be right could be wrong. But I don't see companies ready to pay out massive wage rises right now, or indeed, anywhere in the near future. Simple.
  • Exocet
    Exocet Posts: 744 Forumite
    OK guys, you have had some fun. Now this is a snippet about inflation which may help.

    Chaotic Inflation, proposed by physicist Andrei Linde, models our universe as one of many that grew as part of a multiverse owing to a vacuum that had not decayed to its ground state. In this theory, the peaks in the evolution of a scalar field (determining the energy of the vacuum) correspond to regions of rapid inflation which dominate, creating "bubble universes," making the structure of space fractal on the very largest scales, likely at scales larger than the observable universe. Chaotic Inflation (along with some other types of inflation) is usually a sub-class of eternal inflation, since the expansion of the inflationary peaks exhibit positive feedback and come to dominate the large scale dynamics of the universe.

    I hope it helps.






    Means f'ck all to me.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Could be right could be wrong. But I don't see companies ready to pay out massive wage rises right now, or indeed, anywhere in the near future. Simple.

    Neither do I.

    But you kind of miss the point of the article when you say that. It is based on a QE lead boom causing inflation.
    If companies don't inflate wages the situation won't happen.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Hey now, calm down. You've answered, I've accepted your answer. Job done.

    My take? Wage inflation won't keep up with the pace of general inflation.

    Could be right could be wrong. But I don't see companies ready to pay out massive wage rises right now, or indeed, anywhere in the near future. Simple.
    that's my take too.

    the article thinks otherwise though...

    and so it begins...
This discussion has been closed.
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