Tuesday, March 25, 2008

Inflation is Out-of-Control – Interest Rates Too Low – House Prices Too High

The REAL cost of inflation: Why family bills 'have gone up by £1,400 in one year'

Inflation is at least 6.1% (Capital Economics) as the government CPI figure is proven to be misleading. Even government spokesperson does not defent published figure. If inflation is too high, interest rates are too low, explaining why house prices inflation is out of control over the last 7 years.

Posted by bill @ 09:59 AM (622 views)
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One thought on “Inflation is Out-of-Control – Interest Rates Too Low – House Prices Too High

  • Dave The Box says:

    Yvette Cooper, Chief Secretary to the Treasury, said: “Stability, stability, stability, stability, stability, stability, blah, blah, blah, yadda, yadda….”

    Do any labour politicians know any other word than this?? For the last 10 years we have had soaring house prices and debt, and hardly ever heard the word stability. Do they even know what the work means???!!!

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