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The Bank of England:- Inflation over 3%

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  • The Bank of England:- Inflation over 3%

    http://www.bloomberg.com/apps/news?p...NqvjbW40&pos=3

    You can almost smell the fear, its coming!
    Mike

  • #2
    Re: The Bank of England:- Inflation over 3%

    Originally posted by Mega View Post
    http://www.bloomberg.com/apps/news?p...NqvjbW40&pos=3

    You can almost smell the fear, its coming!
    Mike
    Fear of what? Inflation? I don't think so...

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    • #3
      Re: The Bank of England:- Inflation over 3%

      Originally posted by Mega View Post
      http://www.bloomberg.com/apps/news?p...NqvjbW40&pos=3

      You can almost smell the fear, its coming!
      Mike

      Don't worry, inflation is only rising temporarily because the recession is over and that is good news. Later on, inflation will fall again because of high unemployment caused by the recession, which is not over yet you know. No we are not contradicting ourselves. All roads lead to one conclusion: we need to print more money.
      Last edited by unlucky; February 11, 2010, 06:49 AM. Reason: significant typo

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