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Ireland Sees Retail Sales Go Into Orbit At 9% Increase

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http://story.irishsun.com/p.x/ct/9/id/5f42...44653b7bc16d1e/

Irish Retail Sales volume surged by 9.0% in 12 months to January

By Finfacts Team

Mar 16, 2006, 11:58

The CSO reported today that the volume of retail sales (i.e. excluding price effects)
increased by 9.0%
in January 2006 compared to January 2005. There was a monthly increase of 5.2%.

http://story.irishsun.com/p.x/ct/9/id/5f42...44653b7bc16d1e/

Annual Irish Inflation rises to 3.3% in February; Services Inflation at 4%

By Finfacts Team

Mar 16, 2006, 11:19

The CSO reported today that Irish Consumer Prices in February, as measured by the CPI, increased by 1.1% in the month. This compares to an increase of 0.8% in February of last year and as a result, the annual rate of inflation increased to 3.3%, up from 3.0% in January.

The Irish government cannot do a thing about it now that they are part of the ECB! :o

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"The Irish government cannot do a thing about it now that they are part of the ECB!"

They could regulating access to credit.

They could force banks to post greater margin agains tthe loans made.

They could regulate actual rates of consumer credit. "Usury" laws anyone?

They could change taxation policy.

They could aim for a sustainably growing economy through industrial policy.

They could educate.

They could control the supply of land through planning laws.

There are loads they could do, but choose not to. I wonder why?

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"The Irish government cannot do a thing about it now that they are part of the ECB!"

They could regulating access to credit.

They could force banks to post greater margin agains tthe loans made.

They could regulate actual rates of consumer credit. "Usury" laws anyone?

They could change taxation policy.

They could aim for a sustainably growing economy through industrial policy.

They could educate.

They could control the supply of land through planning laws.

There are loads they could do, but choose not to. I wonder why?

I know that the actions (or inactions) of the Irish Government can, (to an impartial observer) seem like a conspiracy to cause the ruination of a country. However let me assure you that what you are witnessing is merely fumbling ineptness.

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"The Irish government cannot do a thing about it now that they are part of the ECB!"

They could regulating access to credit.

They could force banks to post greater margin agains tthe loans made.

They could regulate actual rates of consumer credit. "Usury" laws anyone?

They could change taxation policy.

They could aim for a sustainably growing economy through industrial policy.

They could educate.

They could control the supply of land through planning laws.

There are loads they could do, but choose not to. I wonder why?

Usury laws have not done the islamic 'nation' much good over the last millenium or two.

The best course for the Irish would be to leave the single currency.

Alternatively, they could stay the course. GDP/capita in Ireland now is leagues ahead of where it was a decade or two ago - and I'd say a fair bit of this is sustainable. Even after the inevitable localised crash.

'Industrial policy'? There's no point in actually making things, particulary if you are little rain-soaked island in the middle of the Atlantic. Apart from Guinness, perhaps.

One of the reasons for Ireland's partially deserved prosperity is that it is not even post-Industrial, but never-industrial.

Edited by BoredTrainBuilder

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  • 302 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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