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Re: Inflation
Posted: Wed Sep 15, 2021 4:26 pm
by Dohnut
faldO wrote: ↑Wed Sep 15, 2021 3:08 pm
tuffers#1 wrote: ↑Wed Sep 15, 2021 12:47 pm
faldO wrote: ↑Wed Sep 15, 2021 7:27 am
Love the way the BBC are presenting it as the biggest increase "since records began in 1997".
As if nobody knows what is was during the 1970s and 1980s.
You can argue over the different indices (CPI, RPI, etc) but anything for a sensational headline.
But it IS the BIGGEST RISE since RECORDS BEGAN in 1997 .
BBC earlier today: The UK inflation rate hit 3.2% in the year to August, the biggest increase since records began in 1997, as the economy continued to reopen.
BBC now: Price rises have seen the biggest jump since records began in 1997 as the economy continued to reopen.
Yes, the CPI has hit its highest increase since records began in 1997, but to suggest that the UK inflation rate had its biggest increase since records began (early last century) is misleading and it's good to see the BBC correct its error.
https://www.bbc.co.uk/news/business-58563417
When does Auntie Beeb worry about accuracy if it spoils a good headline.
Re: Inflation
Posted: Wed Sep 15, 2021 5:11 pm
by ComeOnYouOs
BBC... The Tory Governments propaganda mouthpiece
Re: Inflation
Posted: Wed Sep 15, 2021 5:42 pm
by faldO
ComeOnYouOs wrote: ↑Wed Sep 15, 2021 5:11 pm
BBC... The Tory Governments propaganda mouthpiece
Perhaps not for much longer, as the "impartial" BBC has just appointed a left-wing, anti-Brexit, government hater as Head of News:
https://inews.co.uk/news/jess-brammar-b ... an-1201027
Re: Inflation
Posted: Thu Sep 16, 2021 9:31 am
by Jack
I see this as a good thing, after all theres plenty of government appeasers and tories at the BBC. If they balance their appointments, they might start to get a little respect back
Re: Inflation
Posted: Thu Sep 16, 2021 9:53 am
by Ronnie Hotdogs
Calling Boris a liar and saying Brexit is a bit sh*t is now left wing?
Re: Inflation
Posted: Tue Sep 28, 2021 10:24 pm
by Adz
Running at 4% yet the boe still not thinking about raising interest rates till Feb 22. What a scam the whole system has become
Re: Inflation
Posted: Tue Sep 28, 2021 10:39 pm
by tuffers#1
Copperfields cafe in e17
Full English 2 toast tea & a red bull
£10.80
Re: Inflation
Posted: Wed Sep 29, 2021 6:05 am
by Adz
tuffers#1 wrote: ↑Tue Sep 28, 2021 10:39 pm
Copperfields cafe in e17
Full English 2 toast tea & a red bull
£10.80
Who the f*** has red bull for breakfast?
Re: Inflation
Posted: Wed Sep 29, 2021 4:08 pm
by tuffers#1
Adz wrote: ↑Wed Sep 29, 2021 6:05 am
tuffers#1 wrote: ↑Tue Sep 28, 2021 10:39 pm
Copperfields cafe in e17
Full English 2 toast tea & a red bull
£10.80
Who the f*** has red bull for breakfast?
I do
Re: Inflation
Posted: Wed Sep 29, 2021 4:13 pm
by Dunners
Breakfast of champions
Re: Inflation
Posted: Tue Oct 12, 2021 7:00 pm
by Currywurst and Chips
Any chance of interest rates going up any time soon?
Or should I just move it all my savings to property and/or crypto?
Re: Inflation
Posted: Tue Oct 12, 2021 7:13 pm
by Dunners
I wouldn't be surprised by a 0.25% rise by about April. Any more than that risks carnage with all those who really stretched themselves to buy during the stamp duty holiday. Post-April is when price inflation will start to affect metrics though, so beyond that could see the B.o.E ordering in pizza for a few late night sessions.
Re: Inflation
Posted: Tue Oct 12, 2021 7:18 pm
by RedDwarf 1881
ComeOnYouOs wrote: ↑Wed Sep 15, 2021 5:11 pm
BBC... The Tory Governments propaganda mouthpiece
You’re joking , Just watch BBC news . It’s very left wing .
Re: Inflation
Posted: Tue Oct 12, 2021 7:47 pm
by slacker
The price of our Belazu balsamic vinegar order has shot up 25% this year. At this rate we’ll have to start thinking about cutting down on our fancy imported condiments. Tragic times.
Re: Inflation
Posted: Tue Oct 12, 2021 10:31 pm
by Ronnie Hotdogs
Currywurst and Chips wrote: ↑Tue Oct 12, 2021 7:00 pm
Any chance of interest rates going up any time soon?
Or should I just move it all my savings to property and/or crypto?
Why aren’t all your savings in BTC already? We’ve been pumping hard this past week or so.
Re: Inflation
Posted: Mon Oct 18, 2021 12:35 pm
by Dunners
Re: Inflation
Posted: Mon Oct 18, 2021 1:06 pm
by Ronnie Hotdogs
Let’s hope so.
Re: Inflation
Posted: Wed Nov 03, 2021 3:55 pm
by Dunners
Possible BoE interest rate announcement due tomorrow. Any predictions? I'm going to go with rates staying at 0.1% despite their signals last month.
Re: Inflation
Posted: Wed Nov 03, 2021 3:57 pm
by Max B Gold
Dunners wrote: ↑Wed Nov 03, 2021 3:55 pm
Possible BoE interest rate announcement due tomorrow. Any predictions? I'm going to go with rates staying at 0.1% despite their signals last month.
Yes, yes but how will China react to this? That is the real question.
Re: Inflation
Posted: Wed Nov 03, 2021 3:58 pm
by Dunners
Max B Gold wrote: ↑Wed Nov 03, 2021 3:57 pm
Dunners wrote: ↑Wed Nov 03, 2021 3:55 pm
Possible BoE interest rate announcement due tomorrow. Any predictions? I'm going to go with rates staying at 0.1% despite their signals last month.
Yes, yes but how will China react to this? That is the real question.
Meh, who cares about China?
Re: Inflation
Posted: Wed Nov 03, 2021 4:34 pm
by Currywurst and Chips
Dunners wrote: ↑Wed Nov 03, 2021 3:55 pm
Possible BoE interest rate announcement due tomorrow. Any predictions? I'm going to go with rates staying at 0.1% despite their signals last month.
Any chance you could give me a brief rundown of what rising inflation and marginal BoE rate increases means for house prices please?
My C in economics was a fluke
Re: Inflation
Posted: Wed Nov 03, 2021 4:52 pm
by Dunners
Currywurst and Chips wrote: ↑Wed Nov 03, 2021 4:34 pm
Dunners wrote: ↑Wed Nov 03, 2021 3:55 pm
Possible BoE interest rate announcement due tomorrow. Any predictions? I'm going to go with rates staying at 0.1% despite their signals last month.
Any chance you could give me a brief rundown of what rising inflation and marginal BoE rate increases means for house prices please?
My C in economics was a fluke
That C in economics, fluke or not, means you're far more qualified than me.
But my guess is, in the long term at least, you'll be fine.
Re: Inflation
Posted: Thu Nov 04, 2021 7:38 am
by o-no
It doesn't seem like that long ago when 'inflation' was a dirty word in economic/banking/government circles.
Now prices of a lot of things are noticably more expensive than six months ago, and everyone's a bit 'Meh' about it.
Maybe because inflation reduces the cost of (the now massive) government debt it's alright with them. Just us plebs who can't afford stuff who need to worry! Surely not.
Re: Inflation
Posted: Thu Nov 04, 2021 8:48 am
by Rich Tea Wellin
o-no wrote: ↑Thu Nov 04, 2021 7:38 am
It doesn't seem like that long ago when 'inflation' was a dirty word in economic/banking/government circles.
Now prices of a lot of things are noticably more expensive than six months ago, and everyone's a bit 'Meh' about it.
Maybe because inflation reduces the cost of (the now massive) government debt it's alright with them. Just us plebs who can't afford stuff who need to worry! Surely not.
Partly down to an ineffectual opposition, right?
Imagine this was happening under Corbyn, or in fact, any Labour government. The tories would be out in force, and all over them media that Labours ineptitude is costing the average working person money out of their pocket.
Re: Inflation
Posted: Thu Nov 04, 2021 9:10 am
by Ronnie Hotdogs
Apple Wumble wrote: ↑Thu Nov 04, 2021 8:48 am
o-no wrote: ↑Thu Nov 04, 2021 7:38 am
It doesn't seem like that long ago when 'inflation' was a dirty word in economic/banking/government circles.
Now prices of a lot of things are noticably more expensive than six months ago, and everyone's a bit 'Meh' about it.
Maybe because inflation reduces the cost of (the now massive) government debt it's alright with them. Just us plebs who can't afford stuff who need to worry! Surely not.
Partly down to an ineffectual opposition, right?
Imagine this was happening under Corbyn, or in fact, any Labour government. The tories would be out in force, and all over them media that Labours ineptitude is costing the average working person money out of their pocket.
The working person will be ok because wages are sky rocketing due to the Tories successful handling of the economy.
The only people who will struggle are the dole scrounging labour voters.
There you go guys, saved you a post.
