Thursday, February 17, 2011

Already in the UK

Coming soon to U.S. shores: Higher prices

"China has been like a huge buffer to absorb the inflation pressures the U.S. has created through monetary policy," he said. "It's inflating Chinese prices rather than boosting our CPI. But as China inflates its currency, we'll be paying a lot more for goods."

Posted by mark @ 12:58 PM (1392 views)
Please complete the required fields.



4 thoughts on “Already in the UK

  • general congreve says:

    Bring it on!!!

    Reply
    Please complete the required fields.



  • Of course this has nothing to do with Dollar weakness and Russia, China and now France not wanting to touch it.

    Techie, not long now.

    Reply
    Please complete the required fields.



  • @GC,
    Now, Now, Mervyn told us yesterday that the target is STILL 2%. Of course we won’t deviate from target – that’s why we’ve got one, silly.
    …as for all those people buying Silver as a hedge, well, won’t they be surprised when inflation goes BELOW 2%.

    ho, ho 🙂

    ps: When this happens I will buy Mervyn a beer – ‘cos I really can’t see low 2% inflation anytime soon!

    Reply
    Please complete the required fields.



  • They could always use the services of Gordon Ramsay.

    Could you imagine a “King’s Kitchen” being televised on BBC, thought not.

    Gotta go, it’s the heat.

    Reply
    Please complete the required fields.



Add a comment

  • 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

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>