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Ons Does It Again!

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Unbelieveable!!!!!

Too late now of course the damage has been done, all that debt that has been ACTIVELY ENCOURAGED and all the HIDDEN INFLATION has set the economy on course for long term unrecoverable problems.

http://news.bbc.co.uk/1/hi/business/5133626.stm

The ONS also announced on Friday that it was retrospectively raising all its economic growth figures since 2001, also because of stronger business activity than previously determined.

Analysts said the revised growth figures would put pressure on the Bank of England to raise interest rates.

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Unbelievable!!!!!

Too late now of course the damage has been done, all that debt that has been ACTIVELY ENCOURAGED and all the HIDDEN INFLATION has set the economy on course for long term unrecoverable problems.

There have been some fine comments here about the ONS conspiracy. What with Mr King euphemistically calling Mr Brown a **** I think we have proved the myth.

Personally I think we should include lots of Polish items in the inflationary basket. To fully round off the BoE panel they should employ somebody from every country in the world except the UK to prove that the decision making is not just a racist aberration. Better still it might be possible to base the CPI on a different country altogether; perhaps one without basket making capabilities. This would ensure that the basket becomes as credible as the ONS, BoE and Brown.

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Couldn't we use the 'shopping thimble' as opposed to a 'shopping basket'?

There is less room in a thimble for inflationary items. Thus non-proprietary expense cost refund items would be optimistically discouraged.

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Couldn't we use the 'shopping thimble' as opposed to a 'shopping basket'?

There is less room in a thimble for inflationary items. Thus non-proprietary expense cost refund items would be optimistically discouraged.

The ONS thimble has been discouraged because rampant inflation might mean Brown could eventually get it stuck on his ****.

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  • 301 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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