Bank of England MPC leave interest rates at 0.5% with no futher QE

TruckerT

Really2 wrote: »

But we import gas and oil a lot now, we can't cost control a global commodity.

Wher there's a will, there's a way...

That is not a flippant remark - in times of war, or banking collapse, all things become possible

TruckerT

Thrugelmir

TruckerT wrote: »

Read my earlier post - in the 1970s, pay rises were, for a while, illegal

E.Heath did the three-day week, and M.Thatcher did the UK mining industry in order to keep energy affordable, so what's the problem with simply capping today's prices for a while?

Was it you who said, on a different thread, that we need a massive attitude change?

TruckerT

Has no relevance to how the BOE can control prices on imported items in a global marketplace. That's the crux of the problem.

TruckerT

Aberdeenangarse wrote: »

It never worked, people just found ways around it i.e. change the Job title.....ooooooh I've got a Promotion

But inflation did come under control

TruckerT

TruckerT

Thrugelmir wrote: »

Has no relevance to how the BOE can control prices on imported items in a global marketplace. That's the crux of the problem.

Times are hard

Energy is like money - in short supply and very expensive (so they say...)

Ask the banks to give us something back... or send in NATO...

In a time of global economic slowdown, how can oil/gas prices be rising?

TruckerT

Really2

TruckerT wrote: »

Wher there's a will, there's a way...

That is not a flippant remark - in times of war, or banking collapse, all things become possible

Could you let me know how?

TruckerT

Really2 wrote: »

Could you let me know how?

Are you asking for a reading list?

TruckerT