Inflation ?: British Gas raises energy prices

**Mailman** · 28 July 2006, 09:21

Lucky Gordo ignores these increases in his numbers eh?

Mailman

**sunnysan** · 28 July 2006, 10:00

Boll0x

Well we have had 100% increase in utilities and nearly that for council tax over the past 3 years, transport prob about the same.

So htf can inflation be at the historic low levels that it is?

Dont you think its about time they reviewed the inflation formula to include more than bread and milk and a copy of the guardian

**TheMonkey** · 28 July 2006, 10:21

Doublethink!

**Bagpuss** · 28 July 2006, 10:24

I wonder what infaltion would be if it included house price inflation?

**AtW** · 28 July 2006, 10:36

Originally posted by sunnysan

So htf can inflation be at the historic low levels that it is?

Because IPods and LCD TVs are getting cheaper: inflation formulae is a basket of prices, naturally rigged to make it easier for Govt to nominally hit the target because otherwise public spending increases will blow any budget out of the water and taxes would have to raise - so say thanks to Gordon for this trick because prices would have increased anyway, but you'd have to pay more taxes.

**hyperD** · 28 July 2006, 10:59

Well, by getting the BoE to control interest rates and to reshape the inflation basket so that it's weighted towards cheap, imported high tech goods, this current administration can proclaim it's the best ever times for UK plc and all her shareholders.

Just don't restrict immigration otherwise house price wealth will quickly diminish and the electorate will wake up.

However, tampering with inflation indicators while the economy (and personal wealth) is quickly becoming insolvent is a very dangerous thing: so many people will have their fingers burnt as they believe that house prices are the new wealth.

Oh dear oh dear...

For those that have credit card debt and have remortgaged to support their livestyles have only themselves to blame for the demise that they are about to encounter.

**AtW** · 28 July 2006, 11:17

Originally posted by hyperD

However, tampering with inflation indicators while the economy (and personal wealth) is quickly becoming insolvent is a very dangerous thing: so many people will have their fingers burnt as they believe that house prices are the new wealth.

But otherwise he won't become a PM, surely its well worth to fk up country for a couple of decades, but to realise your childhood dream? Almost anyone in his position would do the same.

**hyperD** · 28 July 2006, 11:51

Originally posted by AtW

But otherwise he won't become a PM, surely its well worth to fk up country for a couple of decades, but to realise your childhood dream? Almost anyone in his position would do the same.

I don't think bliar had a childhood dream to be PM. Like his money-grabbing wife, they're hypocritical opportunists saying one thing and doing the complete opposite, that think only of themselves and every decision they make follows their golden rule: does it enable us to hold on to our power?

So politicians may naively decide "to change the world" when they start, but alot of them end up indulging in the delectable, silken caress of corruption by thinking "me me me" instead of what is morally right for society.

**AtW** · 28 July 2006, 11:53

Originally posted by hyperD

I don't think bliar had a childhood dream to be PM.

I am talking about Brown - it is him not Blair who gets this country into debt. IMO Blair is (or was more like it) much more PM material than Brown, but Brown just wants it real bad - it must have been some kind of dream for a long time.

Inflation ?: British Gas raises energy prices