Independent Leyton Orient Forum

Dunners wrote: ↑Thu Nov 03, 2022 1:18 pm We took back control of f*cking up our own economy. Take that, remoaners!

So project I TOLD YOU SO it was then !

Anyone else watching the MPC press conference? I must say, Andrew Bailey does seem to find a lot to laugh and smile about. He's clearly enjoying himself.

Are food and energy costs down to Brexit then?

Long slender neck wrote: ↑Thu Nov 03, 2022 1:38 pm Are food and energy costs down to Brexit then?

Food - Yes. Energy - probably not.

Prove it.

Long slender neck wrote: ↑Thu Nov 03, 2022 1:43 pm Prove it.

You disprove it.

Long slender neck wrote: ↑Thu Nov 03, 2022 1:38 pm Are food and energy costs down to Brexit then?

No , up because of the war in Ukraine which has pushed up the price of energy . However food prices “might” come down slightly because Russia has agreed to let Ukrainian wheat leave port. Just have to make sure that port isn’t used for military purposes or Russia will blockade it again.

Max B Gold wrote: ↑Thu Nov 03, 2022 1:42 pm

Long slender neck wrote: ↑Thu Nov 03, 2022 1:38 pm Are food and energy costs down to Brexit then?

Food - Yes. Energy - probably not.

Food -No Energy- No . Everything is stemming from the high cost of energy due to the war in Ukraine . Believe it or not it’s also hitting the wonderful ( get nothing wrong , all singing all dancing ) EU.

RedDwarf 1881 wrote: ↑Thu Nov 03, 2022 1:52 pm

Max B Gold wrote: ↑Thu Nov 03, 2022 1:42 pm

Long slender neck wrote: ↑Thu Nov 03, 2022 1:38 pm Are food and energy costs down to Brexit then?

Food - Yes. Energy - probably not.

Food -No Energy- No . Everything is stemming from the high cost of energy due to the war in Ukraine . Believe it or not it’s also hitting the wonderful ( get nothing wrong , all singing all dancing ) EU.

It's not all down to rising energy costs. Brexit generated supply chain issues and price gouging are part of it too.

The MPC has voted raise the base rate to 3.5%.

Apparently the vote was split three ways - Six in favour of the 0.5% increase, one wanted a bigger hike, and two voted for a pause in tightening.

Dunners wrote: ↑Thu Dec 15, 2022 12:34 pm The MPC has voted raise the base rate to 3.5%.

Finally, some good news.

At last I will get a decent return on my savings.

TRUMP Plumbing wrote: ↑Thu Dec 15, 2022 1:08 pm

Dunners wrote: ↑Thu Dec 15, 2022 12:34 pm The MPC has voted raise the base rate to 3.5%.

Finally, some good news.

And what's even better is that, as the BoE is clearly tracking the Fed, we could see rates increase above 5% next year.

Dunners wrote: ↑Thu Dec 15, 2022 1:37 pm

TRUMP Plumbing wrote: ↑Thu Dec 15, 2022 1:08 pm

Dunners wrote: ↑Thu Dec 15, 2022 12:34 pm The MPC has voted raise the base rate to 3.5%.

Finally, some good news.

And what's even better is that, as the BoE is clearly tracking the Fed, we could see rates increase above 5% next year.

2 examples of the HUGE DECLINE in Standards of WUMMERY right here , I Expect this 5h!t from the frankfurter , but Dunny , What has happened to you ?

FFS. Even Russia is forecast to do better than the UK.

But Russian "growth" is against a backdrop of a c.4% decline in 2022.

Interest rates upto 4 % about to go into recession , Its going to get bumpy .

What shall i invest my fortune in now interest rates are up again?

That's to cover my shopping. I got and do a 'big-ish' every two weeks and the it goes up between £10-15 every month.

Interates on the Up again !

OTF Photography Ltd wrote: ↑Thu Feb 02, 2023 3:31 pm What shall i invest my fortune in now interest rates are up again?

That's to cover my shopping. I got and do a 'big-ish' every two weeks and the it goes up between £10-15 every month.

Just spend it as fast as you can. Evil AI will take it soon otherwise

Not sure raising interest rates works. Inflation is affecting food and energy, are we supposed to all eat value food until manufacturers drop their prices?

Long slender neck wrote: ↑Thu Jun 15, 2023 9:48 am Not sure raising interest rates works. Inflation is affecting food and energy, are we supposed to all eat value food until manufacturers drop their prices?

100% agree with this ( wow)....Interest rates have been rising for a number of months now, and inflation, particularly food inflation is still rising, so the interest rates increases are not working.
This inflation is different from inflation in the past, and interest rate increases are not touching it.
Greed is firing this inflation imo

Long slender neck wrote: ↑Thu Jun 15, 2023 9:48 am Not sure raising interest rates works. Inflation is affecting food and energy, are we supposed to all eat value food until manufacturers drop their prices?

Porridge remains stubbornly affordable.

Its just making peoples mortgage/rent more expensive

Long slender neck wrote: ↑Thu Jun 15, 2023 9:48 am Not sure raising interest rates works. Inflation is affecting food and energy, are we supposed to all eat value food until manufacturers drop their prices?

No they just don’t want you to eat at all, which will ultimately help the supply issues caused by Brexit. Tesco veg shelves empty when I visited the other day!