lufc Posted November 21, 2010 Report Share Posted November 21, 2010 (edited) IMHO cpi will hit > 3.5% within the first six months of 2011, maybe a whole lot more if the Boe does embark on QE2 and sterling takes a big hit. I wonder what the unions will make of that or maybe as Newsnight pointed out a couple of weeks ago, given the amount of household debt workers will just be happy to hang on to their jobs and accept a lower standard of living. Having reluctantly just spent a pre Xmas afternoon in a local retail park, it appears to me that Joe Public have no fear as yet, or are they just stupid ???? Edited November 21, 2010 by lufc Quote Link to post Share on other sites
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