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interestrateripoff

Fed's Fisher Warns On Uk Inflation Pressures - Report

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http://uk.reuters.com/article/2011/03/22/uk-usa-fed-fisher-idUKTRE72L5LL20110322

Dallas Federal Reserve Bank President Richard Fisher warned of rising inflationary pressures in the UK and said that similar pressures could build in the United States and Europe as well.

Fisher told the Wall Street Journal that English business operators told him last week they might raise wages by about 4 percent, in line with price and cost increases.

"That sends a shiver up the spine of any right-thinking central banker," he said, according to excerpts of an interview on the Journal's website. Fisher is making a sweep through Europe and gave a talk earlier Tuesday in Frankfurt.

"So if it can happen in the UK ... it can certainly happen in the United States, and it can happen here in Europe," he said, according to the excerpts.

I hope Mr Vigilant at the BoMuppets is away of this. Apparently wages going up is the really nasty inflation that will spring the magical wonderful tool of interest rate rises into action.

Edited by interestrateripoff

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http://uk.reuters.com/article/2011/03/22/uk-usa-fed-fisher-idUKTRE72L5LL20110322

I hope Mr Vigilant at the BoMuppets is away of this. Apparently wages going up is the really nasty inflation that will spring the magical wonderful tool of interest rate rises into action.

It is all fixed, they have frozen public sector wages so there will be no surge in wage inflation. Some people may do well but with a surplus of people looking to work wage inflation will be muted.

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Nasty inflation, the type that makes debt more payable, very nasty indeed.

Forget all the inflation that made shutting down manufacturing and shitcanning the jobs and sending them abroad so profitable. Land gains paid for new faclitlies and more and encouraged the PE and asset stripping crowd.

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Nasty inflation, the type that makes debt more payable, very nasty indeed.

Forget all the inflation that made shutting down manufacturing and shitcanning the jobs and sending them abroad so profitable. Land gains paid for new faclitlies and more and encouraged the PE and asset stripping crowd.

Inflation occurs where ever money is pumped into. A bit of mainstream wage inflation would seem somewhat appropriate, and hopefully with be correlated with banking wage deflation making the bankers relatively poorer.

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  • 285 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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