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Are we heading for deflation?
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Wherelse? If the real inflation figure is +5 or 6 over the government figure, then as the government figure heads towards zero, the real inflation figure will go negative. Which is deflation. Unless, of course I'm missing something.Comment
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Originally posted by Purple Dalek View PostWherelse? If the real inflation figure is +5 or 6 over the government figure, then as the government figure heads towards zero, the real inflation figure will go negative. Which is deflation. Unless, of course I'm missing something.
Plank.Comment
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Originally posted by expat View Post... remain +5 or 6 over the government figure?
Plank.
Another way is that as the government figure is ramping down the real figure has a steeper gradient and will go passed.
Or something like that.Comment
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Govt Figures
Well when we have runaway inflation govt says its 2-3%
So I reckon the will say inflation has "stabilised" thanks to GB's intervention at about 1,5 - 2%
Which will mean it will be about -2% .
Cue the birth of more obfusticative terms eg
"reinflation" - really deflation but not real deflation becuase steps have been taken blah blah....
"subinflation" - below par inflation, definately not deflation because steps have been taken blah blah... but could however be a negative number.
To be honest , I dont care. We live global lives so my main concern is the devaluation of the £ and I am taking steps to hedge myself against that.
Theoretically its all relative so if you earn less you need to spend less. Some people will beat the curve some wont.There are no evil thoughts except one: the refusal to thinkComment
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