Jump to content
House Price Crash Forum
Sign in to follow this  
dnd

Government Ns&i Promoting Heavily On Tv

Recommended Posts

http://www.nsandi.com/

I've just had to endure another NS&I advert on TV....

NS&I (Government savings/investments) have recently changed their adverts to emphasise how they can beat inflation

This is just total BS with REAL inflation currently running near 10%+ - your cash will be worthless by the time you get it back...

This is just another pointer to the way things are heading....

http://en.wikipedia.org/wiki/Hyperinflation

Governments will often try to disguise the true rate of inflation through a variety of techniques. These can include the following:

- Outright lying as to official statistics such as money supply, inflation or reserves.

- Suppression of publication of money supply statistics, or inflation indices.

- Price and wage controls.

- Forced savings schemes, designed to suck up excess liquidity. These savings schemes may be described as pensions schemes, emergency funds, war funds, or similar.

- Adjusting the components of the Consumer Price Index, to remove those items whose prices are rising the fastest.

So, thats "..wage controls" through immigration and fiddling with the CPI/inflation figures ticked off on the list

There are still a few on the list they haven't tried yet - like FORCED saving (but IIRC I think they are going to force people to save for their 'pensions' in the near future)

Edited by dnd

Share this post


Link to post
Share on other sites

i saw the ads this evening and also noticed the extra emphasis on the word INFLATION. trouble is, the bonds only pay half what the real inflation is. so you'll lose around 5% of the pounds value every year they stay in.

god help you if its your house deposit money your stashing.

Share this post


Link to post
Share on other sites

Could the government be 'coming out' about inflation?

The latest IR hike and these NS&I adverts indicates some move towards at least highlighting it

Now, if only they'd come clean with the CPI/RPI....

Share this post


Link to post
Share on other sites

The RPI under Brown, now bears no relation to the RPI which stood this country in good stead for 40 years. They are hedonically adusting it and geometrically weighting it etc...

Your quite right about the savings drives.

Share this post


Link to post
Share on other sites

http://www.nsandi.com/

I've just had to endure another NS&I advert on TV....

NS&I (Government savings/investments) have recently changed their adverts to emphasise how they can beat inflation

This is just total BS with REAL inflation currently running near 10%+ - your cash will be worthless by the time you get it back...

This is just another pointer to the way things are heading....

http://en.wikipedia.org/wiki/Hyperinflation

So, thats "..wage controls" through immigration and fiddling with the CPI/inflation figures ticked off on the list

There are still a few on the list they haven't tried yet - like FORCED saving (but IIRC I think they are going to force people to save for their 'pensions' in the near future)

Absolutely on the button. Great post dnd!

Share this post


Link to post
Share on other sites

Did I hear the phrase "guaranteed to beat inflation"?

Because my £100 of premium bonds aint beaten anything!

Isnt this false advertising?

Share this post


Link to post
Share on other sites

As the economy slows the government will need to get their hands on more money.

As unemployment rises, tax revenues slow and expenses build.

The easy way is to sell more debt, but this has the unpleasant reaction of forcing up interest rates.

So going to consumers for a cheap loan must be one of the next best things...

Share this post


Link to post
Share on other sites

I saw the advert, and the said 'inflation' three times to hammer it home.

But what surprised me is how Sur Alan Sugar didn't say "blah blah blah, that's why my fee for this add is going to Great Almond St." Is he still donating this? Or have the Government decided to devote those few seconds to mentioning inflation, inflation, inflation...

Share this post


Link to post
Share on other sites

I saw the advert, and the said 'inflation' three times to hammer it home.

But what surprised me is how Sur Alan Sugar didn't say "blah blah blah, that's why my fee for this add is going to Great Almond St." Is he still donating this? Or have the Government decided to devote those few seconds to mentioning inflation, inflation, inflation...

Inflation had probably eroded his fee to the point of worthlessness by the time he'd finished.... :lol:

Share this post


Link to post
Share on other sites
Guest absolutezero

I saw the advert, and the said 'inflation' three times to hammer it home.

But what surprised me is how Sur Alan Sugar didn't say "blah blah blah, that's why my fee for this add is going to Great Almond St." Is he still donating this? Or have the Government decided to devote those few seconds to mentioning inflation, inflation, inflation...

The flash it in writing at the bottom for a few seconds.

Must have annoyed the living shit out of people when he used to say that.

Share this post


Link to post
Share on other sites

The flash it in writing at the bottom for a few seconds.

Must have annoyed the living shit out of people when he used to say that.

Just seeing his smug bearded face annoys the living shit out of me... :angry:

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 335 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.