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Inflation over 5% and rising
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Originally posted by BlasterBates View Post
Love 'n' hugs,
Merv. -
Originally posted by BlasterBates View PostInflation over 5% and risingDoing the needful since 1827Comment
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Anyway, look over there!!!
Is that Global Warming I can see?
Must count some Carbon.
Now what was you talking about?Comment
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5%? is that all?
Seems a lot worse to me than that. Food has shot up, Petrol is now becoming a joke - £80 to fill up a tank?! VAT on it's own is like a bomb shell.Comment
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And this is just the beginning.
How many £s did Bank of England print again?
But don't worry, as long as you got your share of the newly printed money it will offset the inflation.
And as long as you don't plan on buyig any imported goods.
Enjoy, chaps."Condoms should come with a free pack of earplugs."Comment
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Originally posted by BlasterBates View PostComment
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I understand the governments requirement to raise revenue but they have to be *very* careful that they don't strangle the economy, and I fear they are and it is sending us back into recession when combined with other factors. They need to reverse the VAT hike to stimulate sales and just accept the hit. We will get the debts levelled off over time, but Rome wasn't built in a day, and we need to ensure that as a country our credit rating remains good - which also limits the cost of servicing our debts.Comment
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When interest rates go up, many of the million mortgage-holders who are already stretched to the limit will, er, snap? Burst? What's the word?Comment
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Originally posted by Doggy Styles View PostWhen interest rates go up, many of the million mortgage-holders who are already stretched to the limit will, er, snap? Burst? What's the word?"Condoms should come with a free pack of earplugs."Comment
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