A.steve Posted March 22, 2011 Report Share Posted March 22, 2011 http://uk.reuters.com/article/2011/03/22/uk-britain-sentance-cpi-idUKTRE72L3NG20110322 I wonder if Ben Broadbent would agree? Quote Link to post Share on other sites
interestrateripoff Posted March 22, 2011 Report Share Posted March 22, 2011 If it does Mystic Merv will be writing the UK economy has suffered beyond-design-basis event which interest rate policy can't fix. Quote Link to post Share on other sites
exiges Posted March 22, 2011 Report Share Posted March 22, 2011 Sentance: Things are out of control King: <fingers in ears> La la la, I can't hear you.. Quote Link to post Share on other sites
Democorruptcy Posted March 22, 2011 Report Share Posted March 22, 2011 Panic over. He's leaving soon so they didn't bother telling him 5% is the new target. Quote Link to post Share on other sites
MinceBalls Posted March 22, 2011 Report Share Posted March 22, 2011 http://uk.reuters.com/article/2011/03/22/uk-britain-sentance-cpi-idUKTRE72L3NG20110322 I wonder if Ben Broadbent would agree? This year? At this rate it will exceed 5% by May! Quote Link to post Share on other sites
interestrateripoff Posted March 22, 2011 Report Share Posted March 22, 2011 Panic over. He's leaving soon so they didn't bother telling him 5% is the new target. Increasing the target seems the easier option. Quote Link to post Share on other sites
fluffy666 Posted March 22, 2011 Report Share Posted March 22, 2011 If it does Mystic Merv will be writing the UK economy has suffered beyond-design-basis event which interest rate policy can't fix. I suspect that it has, ever since house prices stopped going up 10% a year - that was the design basis (and there was no containment, or control rods). Indeed, to stretch the analogy, we've pumped the thing back full of water and switched it back on without even doing a safety inspection.. Quote Link to post Share on other sites
Pent Up Posted March 22, 2011 Report Share Posted March 22, 2011 (edited) I suspect that it has, ever since house prices stopped going up 10% a year - that was the design basis (and there was no containment, or control rods). Indeed, to stretch the analogy, we've pumped the thing back full of water and switched it back on without even doing a safety inspection.. But the water is boiling and hydrogen gas is building... Edited March 22, 2011 by Pent Up Quote Link to post Share on other sites
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