Runaway inflation force rate hike soon

Poshbird

Soaring inflation in recent months, but everyone knows recovery never happened it was just a cover up. Rate hike to be forced by runaway inflation going to cause even bigger crash than if rates raised earlier.

http://www.menafn.com/qn_news_story_s.asp?storyid=1093419659

DervProf

Inflation was just a "blip", early last year.

Mervyn King said so.

chucky

raising BOE Interest Rates will deal with the rising inflation rate.

dozens of threads started on this internet forum always tell us.

Really2

Your article says they are unlikely to act?

I like the idea of runaway inflation, like we have so much money the every day persons demand is pushing prices up.

In reality this inflation is driving down demand as people have less money, do you think raising rates will ease this or make it worse?

ess0two

Poshbird wrote: »

Soaring inflation in recent months, but everyone knows recovery never happened it was just a cover up. Rate hike to be forced by runaway inflation going to cause even bigger crash than if rates raised earlier.

http://www.menafn.com/qn_news_story_s.asp?storyid=1093419659

I admire your're concern for the economy,don't let it mask the fact you expect a cheap house.

ess0two

chucky wrote: »

raising BOE Interest Rates will deal with the rising inflation rate.

dozens of threads started on this internet forum always tell us.

Its the last roll of the dice for those who expect a 'crash',whats next,'option arm' timebomb,seems that was defused.:rotfl:

Orpheo

DervProf wrote: »

Inflation was just a "blip", early last year.

Mervyn King said so.

Graham_Devon

ess0two wrote: »

Its the last roll of the dice for those who expect a 'crash',whats next,'option arm' timebomb,seems that was defused.:rotfl:

Last roll!?

The market can hardly sustain itself even with all the stimulus.

Even the share boards I visit are now stating they are thinking of selling their shares before crisis number 2 happens (US & Greece issues).

Hardly the last roll of any dice. The housing market is in a more precarious position at the moment than it has been for a while.

chewmylegoff

ess0two wrote: »

Its the last roll of the dice for those who expect a 'crash',whats next,'option arm' timebomb,seems that was defused.:rotfl:

i think you just press Alt+A on your keyboard and houseprices go down, don't they?

ess0two

Graham_Devon wrote: »

Last roll!?

The market can hardly sustain itself even with all the stimulus.

Even the share boards I visit are now stating they are thinking of selling their shares before crisis number 2 happens (US & Greece issues).

Hardly the last roll of any dice. The housing market is in a more precarious position at the moment than it has been for a while.

Your're right but i don't expect it literally to fall off a cliff immediatley,bargains were plentyful when the economy was in free fall,many failed to capitalise.

Yet some here seem to think they will dive in should another downturn happen,entirely the opposite,as most shut up shop.

ess0two

chewmylegoff wrote: »

i think you just press Alt+A on your keyboard and houseprices go down, don't they?

Curse you,i've just knocked 10k off my gaff.