t350t Posted March 10, 2008 Share Posted March 10, 2008 So these guys think inflation is way over 2-3%... A rise of 2.6 to 5.8 in 2 years. http://extras.uk.msn.com/money/article.asp...umentid=7761462 Quote Link to comment Share on other sites More sharing options...
AteMoose Posted March 10, 2008 Share Posted March 10, 2008 So these guys think inflation is way over 2-3%...A rise of 2.6 to 5.8 in 2 years. http://extras.uk.msn.com/money/article.asp...umentid=7761462 50% inflation....for the good things ;p Quote Link to comment Share on other sites More sharing options...
Harry Sacks Posted March 10, 2008 Share Posted March 10, 2008 Absolutely disgusting! http://users.gazinter.net/melan/Warn/Warnenu.htm Quote Link to comment Share on other sites More sharing options...
t350t Posted March 10, 2008 Author Share Posted March 10, 2008 (edited) How would one interpret this figure. (i.e the difference between 50% and the 5-10% real inflation reported on this forum or the 2-3% of CPI) A widening of the gap between "rich" and "super rich" ? The number of the former decreasing in real terms ? ( stockmarket crashes & money-printing re-distributing wealth. ) Given that these people would probably be measuring "relative lifestyle" - is this measure of inflation strangely less disconected from reality than CPI? 50% seems extreme, but more in line with the view that a long period of HPI is actually high inflation (as is commonly accepted on this board) Edited March 10, 2008 by t350t Quote Link to comment Share on other sites More sharing options...
jac Posted March 10, 2008 Share Posted March 10, 2008 this stuff makes me mad the likes of the sunday times wailing that the rich (or middle class as they call them) are squeezed by inflation fact - we're seeing higher commodity prices due to reemergence of former communist powers like china and russia to their full potential fact - poorer people spend a greater share of their income on food and energy. and when i say food. i mean food. i mean rice and wheat not something with 'value added' i.e it has ian wright saying breakfast is great fact - poorer people have a higher inflation rate than richer people Quote Link to comment Share on other sites More sharing options...
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