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thecrashingisles

Inflation Figures Released Tomorrow

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It'll be stupidly high, and the BoE will expect it to stay the same, perhaps rise, before returning to their target rate in about 5yrs (brushing over the effect of 5-7% of inflation over 5yrs)

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Merv will briefly awaken from his state of intense vigilance, mutter something about needing to support the fragile recovery, and then go back to dreaming about his index-linked pension.

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Do they still omit to properly price in the cost of things like food and fuel, in favour of cheap jeans and T-shirts from Tescos, or do they still reckon that if you spent 1000 quid on a new computer, then that increases your 'productivity' by 1000% and therefore defeats inflation!?!?!??? :blink:

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Do they still omit to properly price in the cost of things like food and fuel, in favour of cheap jeans and T-shirts from Tescos, or do they still reckon that if you spent 1000 quid on a new computer, then that increases your 'productivity' by 1000% and therefore defeats inflation!?!?!??? :blink:

Yup. CPI is deflated this way.

Except its worse as GDP is inflated in a similar manner, the worst one is homeowners. Thats HOMEOWNERS not debt slaves. They have the cost of renting considered if they had to rent even though they don't and this is added to GDP.

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Economists were totally taken aback when several black swans suddenly dropped out of the sky.

"Unexpectedly unexpected" said some geezer in red braces and circular tortoiseshell specs - who has a farm of derivatives maturing quite soon.

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Merv will briefly awaken from his state of intense vigilance, mutter something about needing to support the fragile recovery, and then go back to dreaming about his index-linked pension.

I wonder how much gold he has as part of his savings / investments too.

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Yup. CPI is deflated this way.

Except its worse as GDP is inflated in a similar manner, the worst one is homeowners. Thats HOMEOWNERS not debt slaves. They have the cost of renting considered if they had to rent even though they don't and this is added to GDP.

I think this month we get the pleasure of Mp3's and ready meals in and pork shoulder and some cloths out. The ones coming in don't look as likely to inflate with the price of commodities (tescos will hammer the supplier before passing on the cost of increase for a ready meal).

I dunno, anyone would have thought CPI was fixed. But we all know just how honest the establishment are so surely this would never happen :ph34r:

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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