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Carney wants to move the goalposts!

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Whatever index works out to be more convenient to produce the best and cheapest overall outcome.

Statistics damned lies and statistics.......;)

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maybe he sees inflation taking off in every day items while houses fall, so he can change it to include more housing costs to mask the real inflation. 

Either that or with interest rates going up the UK is close to a HPC (and thus partial collapse) leading to sterling being trashed and huge inflation. 

god knows his motives. always was shocking that the average house price was not included, and weighted for its value. Who gives a toss if your food shopping goes up £100 a year when the average house is up £35,000

or who cares if tale cassettes are getting cheaper, or holidays? what about rent? house prices? The biggest single expenses 

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Timing is everything. It's quite clear they want to switch to CPIH as the only measure as the housing bubble starts to deflate. That should allow them to screw the proles for another 10 years. 

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2 hours ago, Giraffe said:

Timing is everything. It's quite clear they want to switch to CPIH as the only measure as the housing bubble starts to deflate. That should allow them to screw the proles for another 10 years. 

This

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Isn't Carney's time in the BoE post up in Summer 2018 anyway? So presumably he will be leaving?

Edited by Errol

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5 minutes ago, Errol said:

Isn't Carney's time in the BoE post up in Summer 2018 anyway? So presumably he will be leaving?

Cost us a good few Millon in salary, benefits and pensions. The return ? 

 

Plastic notes.

Lots of fan charts.

Vigilance that knows no bounds. 

 

I'm rather picky but I think that's a pretty poor return. 

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56 minutes ago, zugzwang said:

Worried about inflation, Mr Carney?

Then jack the rates, you bloody fool. Jack the rates!

I don't think he actually is worried about inflation.

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On ‎31‎/‎01‎/‎2018 at 2:33 PM, ccc said:

Cost us a good few Millon in salary, benefits and pensions. The return ? 

 

Plastic notes.

Lots of fan charts.

Vigilance that knows no bounds. 

 

I'm rather picky but I think that's a pretty poor return. 

2016-09-13T133212Z_1_LYNXNPEC8C0PM_RTROPTP_2_BRITAIN-BANKNOTE_JPG_cf.jpg.4b36e4cc6ed0d17e3b171e2754ba641c.jpg

 

Don't forget the photo and publicity stunts...worth every penny

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  • 406 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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