Sunday, May 21, 2006

Inflation fears may be overdone

Telegraph Online: Is the only way up for inflation?

Telegraph piece taking a balanced view of US & UK inflationary pressures

Posted by nimmmm @ 07:32 PM (690 views)
Add Comment
Report Article

6 Comments

1. uncle tom said...

Aside from agreeing with my target month of August as the most likely time for a rate hike (which I first identified three months ago..), Bootle quotes Mao, but probably does not know what is unfolding in China.

As a longstanding importer from China, I am looking at price rises of around 3.5% this year (the first significant increase since I started trading in '93), and a central projection for next year that is currently upwards of 8%, and might in the event be much higher.

The inflation trade-off we have enjoyed over the last decade is about to come to a shuddering halt - to keep UK inflation under control, service industry inflation needs to be severely curbed.

I doubt that Blair/Brown are up to the job...

Monday, May 22, 2006 12:10AM Report Comment
 

2. Blindleadtheblind said...

very sad the published inflation figures are total twaddle, slowly business & public is waking up to this. The fact is, central banks have been in money printing mode for a long long time, and even the adjusted inflation figures we see produced are starting to betray the fact that the inflation dragon is out of the bag. God help the majority in debt upto the gills when the money markets start asking questions the BOE cant answer.

Monday, May 22, 2006 05:20AM Report Comment
 

3. This comment has been removed as it was found to be in breach of our Blog Policies.

 

4. Kaitain said...

> Bootle quotes Mao, but probably does not know what is unfolding in China.

Except it wasn't Mao who said it. It was Lao Tzu.

Monday, May 22, 2006 07:17AM Report Comment
 

5. uncle tom said...

Thankyou Kaitain - the Thoughts Of Chairman Mao has never been high on my reading list...

Monday, May 22, 2006 09:40AM Report Comment
 

6. harold said...

UT in relation to the thoughts of Mao not being high on your reading list I can sympathise. However, if you are ever tempted I can suggest 'Wild Swans' and the excellent, if terrifying, new biography of Moa, both by Jung Chang. Interesting that such a brutal dictatorship in the past should lead to such economic success in the present - not that I am advocating that approach in the West, of course.

Monday, May 22, 2006 10:32AM Report Comment
 

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines
Username  
Admin Password
Email Address
Comments

Main Blog | Archive | Add Article | Blog Policies