Yes! It’s supply side inflation not demand side inflation

So how anyone thinks that raising interest rates is going to help is beyond me

If this thread doesn’t raise Tricky from the dead, he’s gone

Posted By: Old Git on August 4th 2022 at 15:33:30

Message Thread

Rates up 0.5% to 1.75% (n/m) (General Chat) - jamesward, Aug 4, 12:04:55
- Local bus company here went bust yesterday (General Chat) - SCC 28, Aug 4, 12:06:03
  - Albeit by foot (n/m) (General Chat) - paulg, Aug 4, 14:07:02
  - That'll be a re-education camp for you, sonny. Stop talking Britain down. (n/m) (General Chat) - norwaay, Aug 4, 12:36:11
  - I think you mean went bussed (n/m) (General Chat) - Old Git, Aug 4, 12:22:13
    - No Coaching.... (n/m) (General Chat) - usacanary, Aug 4, 19:09:01
    - POTD^ (n/m) (General Chat) - Jumbo1, Aug 4, 17:47:18
      - You haven't entered yours yet (n/m) (General Chat) - Huge Small, Aug 4, 19:16:37
        
        oh no (General Chat) - Chris Peacock, Aug 4, 19:29:50
    - 🎩☝️ (n/m) (General Chat) - JD3, Aug 4, 12:39:36
  - Inflation to peak at 13% (General Chat) - jamesward, Aug 4, 12:06:52
    - 15% I saw some where and UK in recession for 2 years (General Chat) - CB41, Aug 4, 12:51:38
    - Interest on my mortgage would have trebled (General Chat) - SCC 28, Aug 4, 12:12:50
      - Took a five year fix 18 months ago... thank fuck. (n/m) (General Chat) - norwaay, Aug 4, 12:37:03
        
        A lot of people are going to be very fucked if rates get back (General Chat) - jamesward, Aug 4, 13:03:38
        
        They've been too low for too long (General Chat) - paulg, Aug 4, 14:04:40
        
        Who has it buggered? Savers? (n/m) (General Chat) - jamesward, Aug 4, 14:21:14
        
        Asset values have spiralled (General Chat) - paulg, Aug 4, 15:48:25
        
        Yep. Was 22 when I bought my first (n/m) (General Chat) - CB41, Aug 4, 17:17:38
        
        Savers and Prem Bond Holders. And also triggered inflation (General Chat) - munter, Aug 4, 14:24:21
        
        Ukraine, Covid and (for us) Brexit triggered inflation (General Chat) - jamesward, Aug 4, 14:32:47
        
        What a disgusting view. Brought up wrong, (General Chat) - Tony Martin, Aug 4, 22:17:27
        
        Agree on the savings comment. Dont agree on Brexit (General Chat) - munter, Aug 4, 15:01:14
        
        The pound has plummeted against the dollar since Brexit (General Chat) - jamesward, Aug 4, 15:02:53
        
        In 2016 on the day of the brexit result the dollar was pretty much (General Chat) - Tony Martin, Aug 4, 22:20:43
        
        Eurozone inflation around 8.9%, US around 9.1%, UK around 9.4% (General Chat) - Old Git, Aug 4, 15:05:08
        
        Exactly OG. I dont like Brexit but it's blamed for everything (n/m) (General Chat) - munter, Aug 4, 15:07:05
        
        the joy of something that can't be disproved (General Chat) - CWC, Aug 4, 15:40:49
        
        Impossible to tell but it's a global issue. Post Covid and Ukraine the main drivers etc (n/m) (General Chat) - munter, Aug 4, 16:41:41
        
        It’s not impossible to tell sadly (General Chat) - Under soil heating, Aug 4, 17:10:32
        
        It's a factor for sure. (n/m) (General Chat) - munter, Aug 4, 17:13:44
        
        It's just % of a factor. Complex. Lot's of wheels in play. (n/m) (General Chat) - munter, Aug 4, 17:14:45
        
        But nevertheless a factor (n/m) (General Chat) - jamesward, Aug 4, 15:07:02
        
        Yes, must be adding a bit, but Spain’s at 10.4%, Netherlands at 10.3% (General Chat) - Old Git, Aug 4, 15:17:10
        
        The Euro is in trouble as a currency, but that's been coming since Greece problems tbh (General Chat) - munter, Aug 4, 15:21:05
        
        My main point was that it was almost fuck all to do with low interest rates (n/m) (General Chat) - jamesward, Aug 4, 15:20:48
        
        Historically it has a huge amount to do with interest rates (General Chat) - Tony Martin, Aug 4, 22:21:45
        
        Yes! It’s supply side inflation not demand side inflation (General Chat) - Old Git, Aug 4, 15:33:30
        
        You don't have to agree, it's a free country, but you'd be wrong. (n/m) (General Chat) - munter, Aug 4, 15:21:30
        
        lol (n/m) (General Chat) - Chris Peacock, Aug 4, 15:25:51
        
        Swiss inflation is at a 30year high (n/m) (General Chat) - munter, Aug 4, 15:07:50
      - hmm (General Chat) - CWC, Aug 4, 12:32:37
        
        Should probably have gone for the 10 year fix (General Chat) - SCC 28, Aug 4, 12:41:34
      - And the new fix EDF are offering me is at £669 a month... (n/m) (General Chat) - jamesward, Aug 4, 12:29:50
        
        Tbf, they need it (General Chat) - CB41, Aug 4, 12:49:24
        
        Don't hate the player, hate the game (n/m) (General Chat) - trafford_canary, Aug 4, 14:07:43
        
        Oh indeed, Can't blame them. It's decades of uk governments flogging (General Chat) - CB41, Aug 4, 14:28:45
        
        Yep.We ,well mostly the tories but a little Labour, sold our souls (General Chat) - protheroe fitzgibbon, Aug 4, 15:57:00
        
        Bargain! (n/m) (General Chat) - SCC 28, Aug 4, 12:41:59

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