Tuesday, May 20, 2008

Covering all bases, is captain darling tipping a nod and a wink to possible higher rates

UK Darling: Inflation Poses 'Threat' To Economic Stability

In a speech to leading business lobby group, the Confederation of British Industry, Darling said "inflation, while at low levels compared to the peaks we have seen in the past, remains a threat to economic stability." "The Government fully supports the Monetary Policy Committee...in the difficult decisions it faces as it balances the upside risk to inflation in the short term from global price shocks, against the longer term downside risk to growth and inflation," he said, according to a text of the speech. Both remarks signal a shift in language from Darling. MWWWHAHAHAHAAAAA and this clown and his mates run the country, as for the housing market, it cant possibly end any other way..they're doomed, doomed I tell ya!!

Posted by mr cobblepot @ 10:12 PM (428 views)
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