Inflation
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- Dunners
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Re: Inflation
If it helps dampen asset price inflation, then it does have some relevance. Maintaining a 0.1% rate would also have negative consequences anyway, so the BoE would have weighted all of this up when making their decision. There are no simple or easy choices right now.
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Re: Inflation
Used in both diesel and fertiliser. Predominantly produced in China who are stopping exporting it due to the food crisis that is happening there. If you're wondering why this is happening it's because of their current policies to stop importing from anyone who questions the way they go about doing things. The world needs to decouple its reliance on China as it can no longer be trusted as a trading partner.
- Currywurst and Chips
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- Dunners
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- tuffers#1
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Re: Inflation
Coming after a world pandemic and Brexit. All Boris’s fault.Currywurst and Chips wrote: ↑Wed Jan 19, 2022 11:25 am Now at its highest level since 1992
Another Boris milestone
- tuffers#1
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Re: Inflation
well its not your fault is it !George M wrote: ↑Wed Jan 19, 2022 2:15 pmComing after a world pandemic and Brexit. All Boris’s fault.Currywurst and Chips wrote: ↑Wed Jan 19, 2022 11:25 am Now at its highest level since 1992
Another Boris milestone
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Re: Inflation
I did spend too much over Christmas. But there are many reasons why inflation is rising , many external and out of our control. There are enough gaffs you can lay at Boris’s door but this isn’t one of them.
- tuffers#1
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Re: Inflation
His inability to deal with real world problems of the public is though . dont be suprised to see a famous old buisness like Pilkington Glass to be gone , not due to poor management, but to a government who are incapable .
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Re: Inflation
With a 2 % swing , Farage wanted a re-vote if it was that close the other way , remember ?
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Re: Inflation
You obviously did!
Brexit was always going to cost the country and sadly the buffoon convinced a lot of people that we would benefit!
Another lie from the habitual bullshiter!
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Re: Inflation
I voted to remain. And I think it’s early days to suggest we will or wont benefit. Let’s see
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Re: Inflation
I thought this was a thread about inflation.tuffers#1 wrote: ↑Wed Jan 19, 2022 8:10 pmHis inability to deal with real world problems of the public is though . dont be suprised to see a famous old buisness like Pilkington Glass to be gone , not due to poor management, but to a government who are incapable .
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Re: Inflation
It is & that is exactly why i mentioned Pilkington , have you learnt nothing yet. if i take someone on in a discussion its because im going to win . Maybe you just like to lose .George M wrote: ↑Wed Jan 19, 2022 9:43 pmI thought this was a thread about inflation.
- Dunners
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- Dunners
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Re: Inflation
The MPC voted 5-4 in favour of raising interest rates from 0.25% to 0.5%. But those four dissenting members wanted a hike to 0.75%.
Something's got them spooked. Maybe those four are reflecting that, so far, the BoE predictions have not exactly been met:
Something's got them spooked. Maybe those four are reflecting that, so far, the BoE predictions have not exactly been met:
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Re: Inflation
Still seems daft to tackle a cost of living squeeze by raising mortgage costs. It won’t decrease energy costs and it’s not going to reverse the inflationary effects of Brexit ie lack of plentiful cheap labour.
- Dunners
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Re: Inflation
- tuffers#1
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Re: Inflation
Can't wait for George rubbishing the graph & saying everything is great under Bodge & the Tories !