AvidFan Posted June 17, 2010 Share Posted June 17, 2010 http://www.thisismoney.co.uk/news/article.html?in_article_id=506411&in_page_id=2&ct=5 Quote Link to comment Share on other sites More sharing options...
OnlyMe Posted June 17, 2010 Share Posted June 17, 2010 'No one should doubt our determination to meet the target for inflation,' he insisted. Bulshitter. As each month's above target inflation number washes under the bridge they think they have got away with folling the public. They have been playing this game for years - targeting inflation two years out, utter, utter lies. Quote Link to comment Share on other sites More sharing options...
leicestersq Posted June 17, 2010 Share Posted June 17, 2010 'No one should doubt our determination to meet the target for inflation,' he insisted. Bulshitter. As each month's above target inflation number washes under the bridge they think they have got away with folling the public. They have been playing this game for years - targeting inflation two years out, utter, utter lies. At the moment they are determined to create some inflation, dont you know. They didnt print 200 billion to keep prices stable. As for bracing for interest rate rises, how about get ready to rejoice? Bring it on Brother. Quote Link to comment Share on other sites More sharing options...
VeryMeanReversion Posted June 17, 2010 Share Posted June 17, 2010 'No one should doubt our determination to meet the target for inflation,' he insisted. Beyond a joke. Where are the 5+% base rates then? I'm making use of the NSI-linked tax-free accounts. VMR Quote Link to comment Share on other sites More sharing options...
Danny Deflation Posted June 17, 2010 Share Posted June 17, 2010 Mervyn King earns three times as much as the Prime Minister. Can he be sacked, please? Quote Link to comment Share on other sites More sharing options...
Gone baby gone Posted June 17, 2010 Share Posted June 17, 2010 In the words of a great man... "Mervyn King, cut your jibber-jabber" Quote Link to comment Share on other sites More sharing options...
Pent Up Posted June 17, 2010 Share Posted June 17, 2010 I'm braced! Give it to me hard and fast! Just how I like it! Seriously though, all he really said was that rates will rise before the asset purchase program was withdrawn. He was very vague about when it could be and said that inflation will drop to below target next year. I'll put the Vaseline back away for now. Quote Link to comment Share on other sites More sharing options...
VeryMeanReversion Posted June 17, 2010 Share Posted June 17, 2010 'No one should doubt our determination to meet the target for inflation,' he insisted. Beyond a joke. Where are the 5+% base rates then? I'm making use of the NSI-linked tax-free accounts. VMR Quote Link to comment Share on other sites More sharing options...
MinceBalls Posted June 17, 2010 Share Posted June 17, 2010 'No one should doubt our determination to meet the target for inflation,' he insisted. Bulshitter. As each month's above target inflation number washes under the bridge they think they have got away with folling the public. They have been playing this game for years - targeting inflation two years out, utter, utter lies. + 1 Tell people enough times and they'll start to believe you. Tony Blair was very good at repeating the same words over and over again. Meant he didn't actually have to do anything. Quote Link to comment Share on other sites More sharing options...
Number79 Posted June 17, 2010 Share Posted June 17, 2010 In the words of a great man... "Mervyn King, cut your jibber-jabber" wasnt it "quit yo jibber jabba"? Quote Link to comment Share on other sites More sharing options...
Guest_James Toney_* Posted June 17, 2010 Share Posted June 17, 2010 2% by the end of next year if we are lucky i dont think so, maybe will get to 1% end of next year Quote Link to comment Share on other sites More sharing options...
R K Posted June 17, 2010 Share Posted June 17, 2010 Oooo look, oil doubled and sterling was devalued. Double digit rates. Jesus wept. You're wrong. Get over it. Quote Link to comment Share on other sites More sharing options...
Fool's Gold Posted June 17, 2010 Share Posted June 17, 2010 In the words of a great man... "Mervyn King, cut your jibber-jabber" Yes. He should cut the jibber-jabber and just get on with it. But he won't. That is he won't cut the jibber-jabber and he won't put up interest rates Quote Link to comment Share on other sites More sharing options...
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